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Properly format a response if you want to be taken seriously.
It is a solid America, you just can't accept it because it means Obama was merely an average president instead of what you wish he was. The numbers are there, the job creation is there, and Trump is being handed the strongest economy since Bush Sr. We are 8 years removed from a global liquidity crisis that wiped out tens of trillions of dollars in personal wealth and America is back on solid ground.
I think you've received your properly formatted message from the American public. We will be welcoming in president Trump soon.
It's another example of Trump taking credit for something he didn't have anything to do with.
It's another example of you making up something to criticize Trump for. The CEO said Trump was the reason this decision was made. You lose again, case closed.
It's another example of you making up something to criticize Trump for. The CEO said Trump was the reason this decision was made. You lose again, case closed.
What's absolutely HILARIOUS is Josh Earnest (White House spin meister) coming out today and telling the American public that it's clearly Obama and his policies that made Ford decide to back away from the Mexico plant...
It's another example of you making up something to criticize Trump for. The CEO said Trump was the reason this decision was made. You lose again, case closed.
What Mark Fields, the CEO of Ford, actually said was that the decision to cancel the new plant in Mexico was based partly on an expectation of a pro-business climate under a Trump administration, combined with a recognition that sales of small cars were declining in the United States. Fields also said that the decision was made independently of the president-elect, although his (Trump's) proposed policies played a factor in the decision.
Donald Trump wasn't the sole reason for the decision, just one of many factors taken into consideration. Bottom line, if Trump actually had the power over Ford Motor Company that he claims, then Mark Fields would have announced that the Focus production would remain in the United States instead of shifting to Mexico.
Pundits in the auto industry are pointing out that the plant in Mexico would add production capacity for Ford Motor Company, but simply retooling an existing plant in the Flat Rock plant doesn't actually increase capacity. Optimistic manufacturing companies expand production capacity; Ford's actions are indicating that it is actually betting on an industry slow down.
One other point - the current CAFE standards may be up for review when President Donald Trump takes office. Mark Field may simply be throwing Trump a bone here, in the hopes that a Trump EPA might be more favorable towards Ford Motor Company during possible upcoming CAFE negotiations.
What Mark Fields, the CEO of Ford, actually said was that the decision to cancel the new plant in Mexico was based partly on an expectation of a pro-business climate under a Trump
He did not use the word "partly" and he did not use the word "expectation". You added those to spin it into something that it isn't.
The exact quote was this.
“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.”
Nothing more, nothing less. Clearly they are coming because of Trump.
What Mark Fields, the CEO of Ford, actually said was that the decision to cancel the new plant in Mexico was based partly on an expectation of a pro-business climate under a Trump administration, combined with a recognition that sales of small cars were declining in the United States. Fields also said that the decision was made independently of the president-elect, although his (Trump's) proposed policies played a factor in the decision.
His own words: "By late fall, it was very clear we didn't need the capacity, and we made the decision."
Quote:
Mark Field may simply be throwing Trump a bone here, in the hopes that a Trump EPA might be more favorable towards Ford Motor Company during possible upcoming CAFE negotiations.
Of course it never hurts to suck up to a president elect and give him partial credit, even if the decision was made before he even won the elections.
He did not use the word "partly" and he did not use the word "expectation". You added those to spin it into something that it isn't.
The exact quote was this.
“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.”
Nothing more, nothing less. Clearly they are coming because of Trump.
Take note, "Vote of Confidence".
I pulled the verbiage from the auto reporters at the Detroit News and the Detroit Free Press. If you have a problem with the words as "spin", then they are the ones you have an issue with.
But from the Mark Fields quote you provided, it's readily apparent that the words 'partly' and 'expectation' were accurate paraphrasing.
"One of the factors" = "partly".
"We're looking at 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" (as in future tense) = "expectation".
The question is how Ford plans to off set the loss of the 40% in savings they said they would get by moving to Mexico. Its about numbers, and I'd like to see how they crunched the numbers.
Edit: Looks like the CEO said the reason was the capacity. He said they "By late fall, it was very clear we didn't need the capacity, and we made the decision." So that's why they scrapped the plan.
It makes more sense now, because giving up 40% savings just because the air seems more friendly simply did not make any sense.
It's another example of Trump taking credit for something he didn't have anything to do with.
Except that the Ford guy did credit Trump.
Ford didn't take any of Obama's auto industry bailout either. Maybe they're better run than the other 2. I don't know who it is now but the CEO then was a Boeing CEO before.
GM is also selling an SUV in America that's made in China. Usually big vehicles are made in the US and small ones somewhere else. Only US buyers can afford big vehicles. Small cars can't be made economically in UAW plants so they're made in Mexico and non-UAW US plants. Of the top 10 cars, per centage-wise made in the US, 8 or 9 or them are Hondas or Toyotas. (Sorry for the phrasing on that!) A lot of them are exported (from the US) and people in other countries couldn't afford UAW made ones.
I'd love to know the real reason, because Ford initially said they would save 40% in manufacturing costs if they move to Mexico. Corporations make decisions based on numbers, and the numbers are not adding up.
Ford is saving $900M by NOT building the Mexico plant. Projected cost for new plant in Mexico - $1.6B, investment required for existing plant in MI is quoted to be $700M.
With the margin in the small vehicle segment, they'd have to sell A LOT of cars to get to that $900M threshold.
This is all about the bottom line - with a sprinkling of hope for what Trump might do in the future once he's in the White House.
I pulled the verbiage from the auto reporters at the Detroit News and the Detroit Free Press. If you have a problem with the words as "spin", then they are the ones you have an issue with.
But from the Mark Fields quote you provided, it's readily apparent that the words 'partly' and 'expectation' were accurate paraphrasing.
"One of the factors" = "partly".
"We're looking at 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" (as in future tense) = "expectation".
Correct. I give Trump precisely as much credit as the Ford CEO has in his comments. His impending Presidency played a small part, but was not the primary motivator and it's based on things that Ford hopes Trump will do.
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