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Ford Joins the Trump Party, Cancels Mexico Factory
Posted On 04 Jan 2017
Ford Motor Company announced this week that they were canceling plans to build a new plant in Mexico and would instead invest in a Michigan assembly factory. The move comes after President-elect Donald Trump singled Ford out on the campaign trail, criticizing them for moving their manufacturing operations out of the United States.
The auto giant will put the kibosh on a $1.6 billion plant they’d planned to build south of the border and invest $700 million in the Flat Rock Assembly Plant in Michigan. The move is expected to create 700 new American jobs.
In an interview with Neil Cavuto, Ford CEO Mark Fields said that Trump’s policies played a role in their decision.
“We’re doing this decision based on what’s right for our business,” Fields said. “As we think about the investments here in Michigan, as you can imagine, Neil, we look at a lot of factors as we make those. One of the factors that we’re looking at is a more positive U.S. manufacturing business environment under President-elect Trump and some of the pro-growth policies he said he’s going to pursue. And so this is a vote of confidence.”
Trump himself tweeted a link to the story on Wednesday, casting it as a sign of things to come. “Instead of driving jobs and wealth away, AMERICA will become the world’s great magnet for INNOVATION & JOB CREATION,” he wrote.
Inevitably, the left will attempt to downplay Trump’s role in bringing the jobs back, just as they did with Carrier and Sprint. Trump could have a success like this every day for the next four years, and the liberal media would never give him credit for any of them. Or, if they do, they’ll dismiss it as meaningless in the overall scheme of the economy – a show, meant solely for the rubes.
Part of it is just reflex; if there’s an opportunity to criticize Trump or belittle him, the biased press can’t resist the bait.
But part of it is because the left knows what Trump is trying to do here, and they’re going to try everything in their power to keep it from working. First, it’s a thousand jobs here. Then, it’s another 700 over there. Perhaps these accomplishments are “meaningless” for American job growth as a whole, but what if they set a trend? What if companies see Carrier and Ford and Sprint benefiting from all of this patriotic publicity?
Once these companies start to view these moves as a powerful form of advertising, the ball could really start rolling. We could see a true American manufacturing renaissance and Trump wouldn’t have to impose a single new tariff.
Should that happen, Democrats can kiss their 2020 chances goodbye. A booming economy is the last thing they want. That makes their motives anti-American.
Of course, anyone who understands the left should not be surprised.
Yep, the common folks taxes just went up a bit.
?????
Like the Infrastructure plan where employee taxes will cover 800 Billion in Tax Credits given to companies/investor’s that fund income producing infrastructure. Darn those details.
You naysayers are obviously so anti-American you must all be kin-foke to OBOZZO and KILLERy.
And you are for a puppet? Sad….so sad
bama and clitons are the puppet’s ! Both of them pulling each others strings ! SICK! all they cared about was personal gain !
What’s wrong with employees paying taxes? A concept to tough for you?
Gary, read up on why we have income tax. It is to pay the Federal Reserve Bank (a private enterprise) interest on the money that is ours to begin with. The last president that tried to get rid of them, got his head shot off.
No problem with employees paying taxes but that is completely in place of an equal amount of taxes the businesses that get the revenue producing infrastructure would have paid. Not sure this plan adds up but we can see who’ll be footing the bill.
Wrong! I think Trump’s got a surprise for Americans! Wait & see!
That surprise you speak of. I am quoting him on his Infrastructure plan. That is what he said he’d do. Sounds like you are engaging in a bit of magical thinking. Normally people get past this stage by age 7 according to Piaget.
Your so right ! He will show the loser’s how to run a country ! HA , HA , clinton is a loser along with her puppet friends the bama’s !
Don’t you think it better that the taxpayer has a job so he can pay taxes rather than receive welfare? Darn those pesky details.
Actually people have to pay taxes on welfare (or at the very least file tax returns).
This is a matter of fairness and math. Given that the companies (or developers) will be making a profit, the tax rate for recovering the tax credits approaches 100% that’s the math problem.
This situation is especially unfair to the working folks.
The workers pay taxes based on their work to cover the tax credits paid.
The people who supply the materials pay taxes based on their work to pay some more for the tax credits used by this scheme.
The owners of shares in this company (especially if the shares are in a 401k) or other shared fund get their share (the profits) without paying any taxes.
If they sell these shares the capital gains are taxed at rates at or below the lowest
paid by the workers
If they reap dividends they do pay taxes on them but the rates are at or below the wage
tax rates.
These people did not produce any effort to renew/rebuild the infrastructure but they are getting a large portion of the rewards.
If these shares are then inherited by someone that person now gets full benefit of the tax credits without paying any taxes. Who did nothing to improve the infrastructure.
Also, it is very unlikely that anyone who gains control of revenue producing infrastructure parts are not paying the full future value of this real estate.
The plan is limited to revenue producing (toll roads, stadiums, ports, etc) properties so these so heirs could receive life long cash income with minimal contribution to the tax base unlike the people who worked the job or made the materials who have to find new jobs and customers. All in all this sounds very fair to me.
Do you even have a clue as to what you are saying? Do you know how anything works? Put out your grass smoke, clear your head, and think a little.
Please explain it to me oh wise one
OK moron you give a company a 7 million tax break they keep the jobs in the US and invest 16 million in the infrastructure where is the hook the tax payers are on? Basic math is not your strong point is it?
Trump evokes tearful, flag waving patriotism from Ford, Carrier and TBD with tax breaks!
Sniff, I must pause and shed a tear of pride for corporate America.
You would if you were employed by those companies.
At minimum wage?
You won’t be able to afford to buy their products if their American employees are paid a living wage.
Those tax breaks equal more debt for America, or higher taxes for the middle class.
What a great, upbeat, factual article. Thanks RA.
I am already so proud of how MY new President is getting out and talking and negotiating deals with companies to keep jobs here . He needs to go to the Chicago area and try to revitalize the neighborhoods that are drug and crime areas . Get some manufacturing jobs going and put those Thugs to work, clean up the neighborhoods .
It is funny how Obummer has been in office 8 years and has done nothing to boost the economy. The only thing he did was drain Americans of $ 400 Million to Iran and try to destroy America !
And he’s not even in office yet. Match that up against Obama’s eight years of failures and self serving actions.
Giving himself the Distinguished Service Medal is the icing on the cake. If it wasn’t for the military guard, who had to be there, and whoever took the picture, nobody would have even been in attendance. I wonder if he applauded himself!
I bet he did … patted himself on the back very loudly!!! ?
Shows how twisted he is .He gives himself a medal , for what ? The worst president whoever slept in our white house ?
Why do you tell these lies?
Do your homework …
I did.
Why do you tell these lies?
Why don’t you get a life and stay off the internet bothering people ! You make no sense ! You sound like bama ! Leave me ALONE ! I will not read your comments anymore so don’t send me your bs !
Why do you up vote your own comments?
You have problems lady .I ADVISE YOU TO STOP HARASSING ME ,GOT IT !
Except that is not what took place. Maybe you should try a bit of reality.
Why do you need to tell these lies?
Why do you embarrass America this way?
Why do you believe it is acceptable to lie?
Why do you believe it is acceptable to repeat lies?
That is one of the planks you will find in the Communist Manifesto. The agenda Oblowhard and the demoNazis have been following to the letter.
Childish foul language.
Very impressive.
And your usual unimpressive repetitive response too. Normally I just ignore you but I had a second or two to waste.
They would probably MUG him – they don’t WANT new jobs, THEY want FREE MONEY!!!
Ever hear of fellow Americans Ray Kot, Sunnil Rattu and Martin Caballero?
They were murdered at Trump Taj Mahal!
Shouldn’t Trump do something, about the crime, in that area?
Hear! Hear!
🙂
I have this bridge I can sell you.
America had been losing 1 million hobs per month for almost the entire last year of the Bush Administration. Maybe you should deal in real fact instead of hate and lies.
You do realize, that Trump was the peddlar, of fake condos in Baja, Mexico?
Guess which Americans were left holding the bag!
Guess which Americans SUED?
Are you maybe talking about time share, or a case where his name was used?
Who bought fake condos and why? What is the name of that condo complex that is fake, and who else was involved in that scheme? Where is your specific proof that Trump was the peddler of fake condos in Baja, Mexico? And who WERE the Americans that SUED? Just wonderin’
In order!
Name of the condos.
Trump Ocean Resort Baja Mexico.
There were over 100 buyers.
They were represented by Bart Ring and Daniel King.
Trump settled.
The terms remain undisclosed.
Sources.
Try the Los Angeles Times for 11-27-2013.
Try KPBS for 7-14-2016.
Alternately; you can read the NATIONAL ENQUIRER!
Thank you for the specifics, and I will probably read the LA Times for that information.
If the republican majority in congress doesn’t cave to the biased media and the demoduds, we’ll once again have a growing economy, something demoduds abhor.
yeah! we can’t take a back seat while this liberal propagandist media clings so aggressively to the globalists!
Keep buying those goods with tags that say “Made in China”.
The only way America will grow a decent economy is for Duds like you to stop buying foreign products.
Never ever downplay manufacturing plants. Reporting is incomplete. Every dollar spent in mfg generates 7 to 10 dollars. These 700 jobs will effectively create 2100 jobs domestically provided AMERICAN vendors win the contracts.
Btw..700 service sector jobs create maybe an additional 200 jobs…and every dollar spent in service sector generates about 3 bucks..
EXCELLENT POINT!!! Yes, it generates more local production of supply products, too! And service jobs! THANK YOU for that reminder!
Implement work/study programs in public schools. Train them to work early.
Put them in the work force at attractive pay rates or tax subsidies for businesses to create jobs
then reduce access to welfare subsidies to move them to take the paying jobs.
Good transition plan, win – win.
I knew Ford would change their direction once Trump became the elected one. Only and UN AMERICAN would go outside the USA under Trumps plans. If a company choses to leave I myself would not allow them to sell their products in the USA. But a huge tax on them will do for now. I can’t wait to see all those Trillions coming back into the country. What a joy it is going to be… DOJ do your jobs and get those democrats and the DNC crime machine put behind bars for their illegal election crime machine…
Chicago, first we are going to have to clean and drain the political liberal crime machine in the city, and create a path for the thugs to either live or die we are taking you out of those cities one way or the other. Get private schools in the enter city ASAP that teach truth, and reading writing and 2+2=4 and the true American History that includes the contributions of the Black Americans to our country that the democrat liberals left out of our US History books. Schools need to be cleaned up and quickly.
Get rid of the restricting gun laws in Chicago so that the good guy can defend themselves if needed. You will soon see changes in our cities. President elect Trump cannot do it over night and it will take help of those Black American communities to speed up the process. He will clean up the filth and it ain’t going to be easy with democrat liberals fighting him all the way to keep blacks in poverty.
YES! Jan. 20th @1200 will be the beginning of a great afternoon and for sure the next four years. I think if all is done as planned he will be in office the next 8 years.
God Bless us one more and last time so we best do what is right…
Ford made a financial decision. Trump had nothing, whatsoever, to do with it.
.
Chicago has been crime city for over a century. Not even martial law would change Chicago. The Fed has been since before Capone was king of the city.
You are correct Ford did make a financial decision to better their standing to Americans and their investors. Ford was the only one who did not take money from the Obama bail out if you remember right.
Your wrong on Trump had nothing to do with it. The new tax structure that will be in place and the getting rid of all those regulations killing industry and small business are the main reasons Ford is not going to go out side the USA. Americans have also played apart in them staying via emails and phone calls. Trump has everything to do with it same as Fiat and Chrysler heading back to Detroit.
The bottom line drives companies for their investors and that includes the customer. No sales no company. USA is first for once we will see more money coming home than ever in your life time. Business will finally be put on and fairly fair playing field for the first time in 20 years. Jobs will finally come back and wages will go up which we have not see since the late 1980’s. They started handing out bonus’s so say instead of raises. Then if you boss had it in for your group you did not get a bonus there were lots of politics in departments and their bonus’s… So we have a great future to look forward to these next 4 years.
Reagan gave Ford the largest bailout of any company in American history. Reagan revoked the authority of the federal government to issue mandatory recalls.
Ford agreed to mail out, via U.S. Mail, 23,000,000 stickers to put on Ford dashboards warning people that the transmissions in their cars could cause injury or
People bought foreign products for two reasons: 1) better quality and 2) lower cost,
Those jobs will disappear in the blink of an eye if the product is poor quality.
All of the businesses that moved to Mexico with additional help from the Federal Government did so due to the passage of NAFTA by none other than “Slick Willy” and the demoNazi’s. In many cases the companies received monetary assistance to move to Mexico and even to build new quarters. So what country was Bill president of?
No company should be rewarded with taxpayers money for moving their operations and jobs to a foreign country.
Can’t wait to get the Obama bullshit out of office meaning the White House, send the n—– back to kenya
Why do you lie?
To piss you off you dum bitch.
Sewer mouth and childish name calling …
Thank you.
Your input is always welcome
It says so much about you.
I’m just a Happy Deplorable these days! Like millions of others, I’m so excited to see a President who’s actively leading the country! He’s already winning over corporate America to bring back jobs! I predict in 6 months American workers will be toasting Trump all over America! Media grumbling will go on for awhile, but the Democrats are Humpty Dumpty to voters, as in All the Establishment’s horses & All the Establishment’s men can’t put Democrats back together again!
Yep, leading us all over the cliff….with help from his BFF Putie.
Sounds like 1928 all over again. Good luck with the modern version of 1929.
Oh yeah there’s the 11.3 million jobs created while Barak Obama was president – shameful how bad teh economy has been.
Part time jobs at Starbucks. Not a victory for America! Obama sat on his a— while tens of millions of Middle Class homeowners lost their homes. Largest transfer of wealth to elites with massive income inequality. Saying your a “Black President” gets old after the first 100 Days. That’s Not a Legacy. And look at the drums beating for War with Russia! I wake up every morning thanking God we defeated Hillary. EVERY TIME I See WaPo headlines. If Hillary got elected, Washington would be deploying soldiers for World War 3 at this very moment. That’s not rhetorical. Establishment politicians are a bunch of lunatics. Thank God we defeated Hillary! Thank God! Thank God! Voters SAVED ourselves from this lunatic war mongers!
Fifteen million part time jobs at Starbucks. Now that’s magical. 613 new part time employees at every Starbucks. Wow
I have had 5 paying jobs during the Obama Administration; four of them new since 2014. I had a 6th speculative position which I took the speculative position during what was in my experience the worst time for finding work, namely fall of 2013 when Sen. Cruz was having his temper tantrum shutting down the Government The TEA Party temper tantrum in 2011 which shut off US Intelligence Agency contracting (including HUMINT) for 6 weeks didn’t hurt too much since I remained employed. It bothered me to know that the people who claim to be patriots would shut down important elements of the Government that the loudly claim to Patriotic to but that’s TEA Party logic.
My eldest has held five professional positions since graduating in 2010.
My youngest likes living the Bohemian lifestyle. Since 2011 he’s had 2 Writing Fellowships, and at least 4 other jobs.
you’ve had FOUR JOBS since 2014??? Now that’s an economic calamity! You must be very young to believe that’s a good thing! Americans used to hold jobs for FOUR YEARS. Now workers are flitting place to place, never landing for long, then moving on! That’s truly scary. But you have a college graduate in the family. And he’s held FIVE PROFESSIONAL POSITIONS since 2010. That’s FIVE JOBS IN 6 YEARS. Without question, you are describing the desecration of the jobs market by the Obama Administration. Holy Cow!
I call it opportunity.
I have over 30 years of Professional experience and each of these positions was a high paying tech job (rates over $50/hr). Old White guys aren’t supposed to be hireable – there are no good jobs. You’ve said or thought both of those things but my experience is just the opposite. I’ve had good high tech jobs and got paid quite well for my time.
I had so many positions because I was offered a permanent position that requires a unique credential and while that position materializes chose to work as a Software Development Contractor instead of in a permanent position. During this period, I was offered three other jobs that I didn’t accept for various reasons mostly related to commute or location (they actually paid would have paid even better). One of them was as Software Development Manager. Two of the job changes I instigated to cut my daily commute from 3 hours to 30 minutes and to end my time as a Software Development Contractor.
These positions paid well enough that we were able to retire all of our debt except for a small car loan and mortgage. Paid over 300K for College for my boys.
Up until recently I have been getting 2-5 queries about job interest on a weekly basis.
My eldest quadrupled his income in the course of those positions and now works for one of the largest companies in the world.
My youngest after several writing fellowships in the great Conservative media world moved to stand up comedy and after a couple years freezing in Chicago now lives in LA. His choices in all cases.
If God loved liars he would choke you to death.
Thank you for the endorsement.
Technical contracting was not new thing created by the Obama Administration. In fact much of the contractorization of the Federal Government was spurred by OPM directive O.76 in the 1980’s (now who was President then?).
Personally my first contract job was in 1983 when I joined the team flying LANDSAT satellites. There is nothing new with regard to contracting that Obama has done.
However, our economy is behaving like a dehydrated organism. It is dehydrated because we’ve been busily exploring the lower leg of the Laffer curve and at this point the conclusion is pretty clear. These low tax rates lead to money (the life blood of our economy) settling in the accounts of people who by definition do not HAVE to spend it for their needs. That is the definition of being rich – enough money to never have to earn another dollar.
The higher marginal tax rates we had from 1933 to 1981 (incidentally the period when the manufacturing middle class flourished the most) were so high that business leaders left money in the economy. No one took more that 12-13 million in salary because at those levels 70 to 90 percent of the extra money went to the Feds. This money was then spent on development and new business endeavors so these same leaders could get paid later and that spending meant that machinists, engineers, secrataries, technicians, business people had meaningful jobs.
Also, the consolidation of companies has marginally raised the profitability of companies at the cost of lots of middle class jobs when say for example three accounting departments became one. Changing the tax and accounting rules so larger firms pay more for their size could turn this around but there is no chance that the current Administration or Congress will go anywhere near these kinds of policies. They only know one answer. Less taxes and so many of you folks go along not seeming to understand what a marginal tax rate is. Look it up.
Talking out of your A$$ your mouth knows better.
Proof that you’ve got nothing!
really WHERE are those FULL TIME, SHOVEL READY JOBS? part time minimum wage service jobs do not help anyone you MOROMIC democRAT TROLL.
Not sure I am really up for a shovel ready job – I really don’t need that much exercise.
If a part time minimum wage job is all you are ready for, perhaps that is the best you are going to get. With real skills and accomplishments there is plenty of opportunity around but then again I live in a Blue State. For me there have been plenty of opportunities during this “horrible” economy. The less influence the TEA Party caucus has had teh more opportunity. Hmm!
I’m sure there would have been even more jobs if the GOP had not gone into stall mode for the last 7+ years. Evenso, we have done better than our trading partners.
It is clear that the lower leg of the Laffer Curve (low taxes less services and business rules oriented toward management) is not a place that benefits the majority but that is where the GOP starting with Ronald Reagan have insisted we reside. The other leg is where we were in the 1940s, 50s, 60s, even 70s when in many cases a man could support his family all alone, when investment in the next was expected.
Quiz question:
If I am making 15,000 per year how much more do I pay if the top marginal tax rate (which kicks in at 100,000 income per year) goes up to 90%. There is only one answer to this question.
FINALLY the Far Left is OUT!!! W/ President elect Trump America will now prosper in leaps & bounds!
Until the next crash occurs!! AND IT WILL OCCUR! They occurred with great regularity from the Revolutionary war until the New Deal built some margin into the economy. Every 10-20 years something would happen and poof the substance or wealth of parts of America vaporized. Not politics just American History. Sadly the nominal growth outside of rebound periods was lower than that horrible leftist approach that worked from 1933 until the GOP finally talked its beneficiares into ending these protections. Let’s not let those nasty liberal facts cloud you cheery delusion.
Foe 8 wonderful years ..Their really is a god .
Ford might get my business back yet!!!
Their f-150 trucks are awesome !
Just because they assemble the foreign parts on this side of the border?
5 points (or so away from the stock market 20000. Trump is not even PotUS yet. ??
Good for President Trump! He’s one in a million!! Smart, caring and loves our Country ???
I’m excited about this. Nourish our Nation first, then we can help others, if need be.
Trump will show the worthless bama what a real man can get done ! Thank god their packing and we don’t have to look or listen to them anymore ..Yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay !
way to go mr trump. did you see obama do any of this hell no this is only the beginning
Ford stopped plans for the plant in Mexico because the skilled labor and technocal engineers for the new electric car can not be aquired in Mexico. The engineers are already in Michigan nothing to do with Trump.
Ford’s decision has nothing, whatsoever, to do with Trump.’s politics. Large companies make decisions based on profit/loss.
Way to go President Trump, keep up the good work. Already making a huge difference and not even sworn in yet. Make this country great again, and God bless America.