Ford cancels plans for $1.6 billion plant...hahahhah...

Discussion in 'Wall St. News' started by S2007S, Jan 3, 2017.

  1. S2007S

    S2007S

    Allllllll of the sudden all these companies are staying in the old good us of a..... I laugh every single time I read articles about how US companies are NOW staying...for the last 60+ years it didn't matter and now we get a new president who puts a little scare tactic on and every US company is now saying yes yes yes we will stay right here and manufacture everything......so all it took was one president to put a little fear into every US company manufacturing overseas to say hey we will now stay here and not even think about going anywhere outside the US borders to produce any of our products......




    Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan expansion instead

    Berkeley Lovelace Jr. | @BerkeleyJr
    5 Mins Ago

    http://www.cnbc.com/2017/01/03/ford...00-million-in-michigan-expansion-instead.html
     
    viruscore1 and bullmarket79 like this.
  2. big mac

    big mac

    do you think capitalism is overrated, and we need more regulation by incoming admin?
     
  3. gkishot

    gkishot

    Incentives to stay are capitalism. Lower tax rate is just what corps needed.
     
  4. big mac

    big mac

    define: incentives? thats sounds lot like govt intervention.

    like: stock market got lot "incentives" from fed,.
     
  5. Mtrader

    Mtrader

    VPhantom likes this.
  6. gkishot

    gkishot

    I defined 'incentives' in my next statement.
     
  7. Apart from the post above, I have to admit that no matter what he offered to Ford in exchange it's still pretty awesome that they stayed.
     
  8. big mac

    big mac

    Love capitalism as long as it's contained to the US, and only the US:D
     
    bullmarket79 likes this.
  9. Let's just not call it a feat. I am 100% sure that there are a lot of pitfalls here. But for now, good job Trump.
     
    #10     Jan 3, 2017