Another good day for FDX stock. Please continue to recommend people sell it. I believe since you recommended that a week or so ago, it has gained about $8. Your business knowledge, or lack of it, is making me and others some good money.
What I'm saying is will they be in the US long enough to recoup the concessions that had to be made in order to persuade them to stay? And after Carrier has capitalized to the fullest extent from those concessions why would they then choose to stay if their bottom line dictates a move to Mexico. In other words is Trump buying a future for those employees or is he simply buying them little more time? I was involved in a somewhat similar situation. My employer was bought out by a larger player in the industry. The promise of bringing additional business to the facility I worked at along with a promise to double the number of employees earned them an industrial development and other concessions. Six months after they bought the place it was obvious that they were not committed to the place and within a year we knew what they were there for. In reality what they were after was our existing volume not the other way around. Three hundred people lost their job.
I don't think people are saying that. It helps those people who kept their jobs. Both parties make similar deals all the time. It seems to be pretty standard. This should concern Trump supporters. They voted in change, not the status quo. The working class looking for union manufacturing jobs should not be impressed by this policy. The work will be done in Mexico. The union workers in Indiana will lose all their bargaining leverage. If they strike all production will just continue in Mexico.
1% a week and let that happen for a few weeks sounds like a great return. It is up about 25 or 30% year to date. I guess that is nothing out of the ordinary in maroon business views such as yours.
I thought it was Dewey, Cheatham and Howe.
Franchises in other cities spell if different. They have a lax franchise agreement.
Drumpf is such a good negotiator for a few hundred jobs at Carrier but couldn't negotiate to have his products made here in the USA by Americans.
How many Trump products were made overseas? Here’s the complete list.
Perfect example of how tax laws and current regulations made it impossible for many businesses to be competitive in the US economy as far as job creation.Drumpf is such a good negotiator for a few hundred jobs at Carrier but couldn't negotiate to have his products made here in the USA by Americans.
How many Trump products were made overseas? Here’s the complete list.
Perfect example of a hypocrite and a con man.
He is the president. Better get used to it or move to Canada like people threatened to do. We put up with Obama and his failed foreign policy and economic plans. Give Trump a chance.
Then answer this question. Why were 800 jobs at one Carrier plant in Indiana chosen to be saved but no attempt was made to save 1300 other jobs at another Carrier plant in Indiana along with several hundred jobs at a bearing plant just few miles up the road ? Don't try to tell that they weren't competitive but the 800 were because special concessions had to be made in order to save them. Those 800 were saved for no reason than the political and public relations benefits they had to offer. But don't worry, when those concessions expire and Carrier has exhausted the benefits those 800 will be quietly shipped off tho Mexico to join the other 1300 that are already there.
Obama was a minority president for the last 6 years of his presidency. Any pro labor legislation he might have introduced would have been killed in committee.Just as his attempt to get overtime pay for low salaried employees was overturned by a pro business Texas judge last week.And no doubt that his order raising the minimum wage for employees of government contractors will no doubt be abolished by Trump.
