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Unfortunately, the POTUS was just elected primarily by people who lost their jobs from the horse carriage industry in your example
Indiana, Ohio, Indiana, Indiana, Ohio, Michigan, Indiana, Pennsylvania, Ohio, Indiana, Ohio
Since he is so obsessed with support, crowds, etc., will he be focused only on the states that helped him win the election? I understand he needs to speak to them, but there are 45 or 46 other states.
The other states aren't interested in adding manufacturing jobs or taking advantage of lower taxes/regulations? Sure he mentioned 4 or 5 States by name, but he didn't say it only applied to those States.
Could you give me a brief summary on this situation. It's one I'm not all that familiar with.
That would be fantastic. We have been on them to stop artificially deflating their currency for years.
RMB is overvalued but is being propped up right now by Chinese capital controls. Trump's policies are very pro-strong dollar
Agreed, I guess the thought is people will move here or reasonably close, like your neck of the woods for example, for the jobs that will be brought. Of the 10,000 employees I am curious what the percentage will make up white collar vs. blue collar work force. The labor market here is tapped out, in two years Kenosha will also have the Haribo facility which will employ another 400 people. There will have to be an exodus of people moving to the area which may drive up housing prices, which could be a good thing in my case.
I don't see a flood of people moving to WI. Taxes here are terrible, and if these jobs are 80% manufacturing, they are not paying well enough to attract people to relocate to the area.
USX off more than 10% since inauguration, and has been in something of a freefall erasing about half of Obama's gains. I hate to think what we'd look like if Trump was weak dollar.
I haven't read much about it, but assume the Amtrak stop in Sturdevant might help. With a bit of infrastructure investment (which Walker has certainly agreed to pay for), there could be a good connection from Milwaukee and the northern Chicago suburbs.
The less sarcastic response is: The perceptions about the US economy has changed. The market priced in a lot of inflationary policies that would raise interest rates (and, thus, the dollar). Inflation and long term bond yields have both stagnated instead.
So why would foxconn build a plant here then? It costs about as much as a stuffed crust pizza to get a container of flat screens across the ocean.
You responded to a post of mine about the relative monetary policies.
Part of the answer is access to lots and lots of fresh water.....
Fortunately for you, you won't have to worry about such problems. They have McDonalds in all states
Is the water still fresh after use or is it full of now EPA approved carcinogens etc?
The 25 year estimate is a best case scenario, based on what is really a "back of the napkin" level analysis, and involves a dozen or more interrelated assumptions that are very hard to predict. That's not to say its necessarily a good or bad deal in the longterm, only that this headline that is making the rounds is highly speculative and likely errs on the side of understating the downside of the deal. The fact that Fitz is urging caution and even complaining about the Sept. 30 deadline is interesting, to say the least.
