Trumponomics blowback: 7,000 auto workers hit the unemployment line

[reagansghost]

Trump is clearly raising taxes........where have all the Tea Billies gone, long time passing?

[Sailor]

your assertion that tariffs are destroying FORD is correct... http://fortune.com/2018/10/09/ford-s...trade-tariffs/

That is completely incorrect. Nothing new there from you or RG. Two of the dumbest fucks on this board. Here, something from today, 2019 explains it. https://www.cnn.com/2019/05/20/busin...ffs/index.html

"Ford's struggles
Ford faces pressure to improve its profitability. Its profit margin has lagged those of some competitors. It has announced the costs of commodities it buys, such as steel and aluminum, have increased about $1 billion annually after tariffs were imposed on those products, even though it sources most of those raw materials from domestic mills. But its executives have said the effort to reshape the business is part of a longer term strategy and not a response to those increased costs.

[Bill]

Trump is clearly raising taxes........where have all the Tea Billies gone, long time passing?

lol.......

"Gone blind everyone"~"When will they ever learn"?~"When will they ever learn"?

[Grugore]

NUTBAG ALERT

Ford is moving jobs back to America

why do you people even bother watching CNN, havn't they lied and or mislead you enough already, do your own thinking

They cant. It hurts too much.

[katzgar]

That is completely incorrect. Nothing new there from you or RG. Two of the dumbest fucks on this board. Here, something from today, 2019 explains it. https://www.cnn.com/2019/05/20/busin...ffs/index.html

"Ford's struggles
Ford faces pressure to improve its profitability. Its profit margin has lagged those of some competitors. It has announced the costs of commodities it buys, such as steel and aluminum, have increased about $1 billion annually after tariffs were imposed on those products, even though it sources most of those raw materials from domestic mills. But its executives have said the effort to reshape the business is part of a longer term strategy and not a response to those increased costs.

Ford losing a billion dollars because of your tariffs is a bad thing

[Sailor]

Ford losing a billion dollars because of your tariffs is a bad thing

You are incapable of reading and comprehending. You continually show that.

[PostmodernProphet]

looks like he's lost more jobs than protected

we both know that isn't true......did you know unemployment among blacks in Detroit is the lowest its been since 2000?......I wonder if that will impact the vote in Wayne County in 2020........

[PostmodernProphet]

Ford losing a billion dollars because of your tariffs is a bad thing

oh wait, did you hear the tariffs were rescinded yesterday?......

[reagansghost]

we both know that isn't true......did you know unemployment among blacks in Detroit is the lowest its been since 2000?......I wonder if that will impact the vote in Wayne County in 2020........

unemployment among blacks in Detroit?

what fuck does that have to do with the OP???

[Rune]

Oddly enough, or typically enough, in all the replies, only one has presented facts to support their opinions, the rest just state their opinions as facts & then giggle thinking they have actually done something cute.

Yup deflection

[Rune]

You are incapable of reading and comprehending. You continually show that.

Aye Cap, your own link shows that the tarrifs be wrecking Ford among others I might add.

Even the small amount I use in my blacksmith business
(under 50 tons a year) swelled my overheard significantly.

These tarrifs are a total failure and are hurting our economy.

[Cinnabar]

Ford Motor Co. will cut roughly 10 percent of its global salaried staff by August as part of a company-wide “redesign.” The move will eliminate 7,000 white-collar jobs and save the company about $600 million annually.

“"We will continue to work collaboratively and respectfully with our teams and other partners to ensure our designs are effective and fit and that our employees are treated fairly and with respect,” the company said in a memo to employees obtained by The Detroit News.

Hundreds of affected employees in North America will be notified starting Tuesday, according to the News. Ford is also looking to restructure its ranks globally, including in Europe, China and South America.

https://www.washingtonpost.com/busin...wide-redesign/

Anyone who supported and voted for Trump based upon his campaign lies deserves what they get. People were warned and there was more than enough proof of Trump's filthy nefarious past. How the hell could anyone ever have placed trust in this grifter???

[PostmodernProphet]

unemployment among blacks in Detroit?

what fuck does that have to do with the OP???

did you just ask me what unemployment in Detroit has to do with jobs in the auto industry?.....