Trump Vows to Put CEOs to Work Restoring US Manufacturing

Discussion in 'Economics' started by felixbocharov, Feb 23, 2017.

  1. %%
    OK+ did you check out the link ???? The math still looks right 12 ,000 permanent jobs + 35 ,000 construction [=>>45,000total]construction, by 2022. Cut your loss SIG; you made incorrect-wrong assumptions, including time frame. Trump is only part responsible for that
     
    #31     Mar 7, 2017
  2. Sig

    Sig

    I did read the Bloomberg article you listed, which no-where claims that ExxonMobile is magically going to create 45,000 jobs because...Trump!!! You're quoting Fox!! which you don't link and which has a pretty tenuous grasp on facts in general. Because you don't provide a reference I haven't a clue where the 45,000 number comes from, I imagine from the behind of a Trump minion, but again building oil infrastructure in a time when the industry is in a tailspin due to an oil glut doesn't pass even the most basic of independent logic tests, nor does the idea that ExxonMobile is going to increase their headcount that dramatically. You surely know basic economics of supply and demand, we've got that in common right? If demand for oil and refined oil products is stagnant or growing very slowly, why in the world would we dump 45,000 jobs worth of supply on the market and how do you reckon the market would respond?
     
    #32     Mar 7, 2017
    comagnum and murray t turtle like this.
  3. if only Trump knew what he's talking about.
     
    #33     Mar 7, 2017
  4. %%
    SIG;

    As i also noted Trump-Pence is only partly responsible for that,being 2 of 300,000,000+_ people in US.As if you cant look up a FOX news item??? BY the way, SIG i dont think the US Pres, or ANY US Pres has much to do with jobs even though XOM leadereship likes Trump-Pence-Tillerson. LOL. PS I usually read 2 different news reports; thanks
     
    #34     Mar 7, 2017
  5. Sig

    Sig

    We agree on that (what a President can influence), I always thought it ridiculous when we judge the President on the price of gas either high or low. However I am still baffled by this concept that adding 45,000 jobs worth of effort toward not only solving a problem we don't have (oil drilling, transport, or refining capability), but actually making an oversupply problem worse is a good idea or even faintly rational?
     
    #35     Mar 7, 2017
  6. java

    java

    Wait until we have a problem? Exon BP and Chevron are the largest investors in alt energy research and development. We have no idea how limited we are today because of antiquated energy and infrastructure. Give me free energy and I can turn Africa into a world class continent in about a week. As far as judging a president, we can judge them on business friendliness. The CEOs were pleasantly surprised this time at the Whitehouse. Last 8 years going to the Whitehouse was like going to the Principles office. Nobody went there unless they had a bribe to pay and Coal just quit going at all.
     
    #36     Mar 7, 2017
  7. Sig

    Sig

    We do have a problem, oversupply!!!! This 45,000 jobs isn't going into research and development, it's supposedly going into increasing refining capacity in the U.S. Gulf Coast which is something that is absolutely not needed. Again, if you can explain why it's a good idea to feed more supply into an oversupplied market, i'm all ears. Let's stay focused here, we're talking about why we need more supply in an oversupplied market, not Africa or trips to the principal's office! I know it's inconvenient to talk about the emperor's lack of clothes, but it's so obvious you look kind of silly when you try to redirect away from it.
     
    #37     Mar 7, 2017
  8. java

    java

    We don't really need to make iphones in the USA but godammit we will if that's what it takes to make Chynah respect us again like they did when I was growing up. I want Elizabeth Warren to go to Exxon and tell them we already have enough oil workers. Until we have enough that I can go to the (full serve) station and hand them a dollar and tell them to give me a pack of Camels and put the rest in the tank like I did everyday after school when America was great we don't have enough.
     
    #38     Mar 7, 2017
  9. jj90

    jj90

    So @java admits it's not about jobs but it's about feeling butthurt. Because feelings.

    The alt right is as much of a joke as the left.
     
    #39     Mar 7, 2017
  10. java

    java

    Except the way we feel will make America great again. Just like it felt when we were young.
     
    #40     Mar 7, 2017