Fulfilling his promise to stimulate more jobs is a tall order for President Trump, since so many American companies have relocated their factories to foreign countries over the last several years. The reason why is because of workers accepting lower wages and there is a more business friendly tax climate in those countries.
Since the election in November, Trump has already started a phenomenon known as the “Trump Effect.” Companies who were planning to build plants outside of the United States have now changed their mind, and more companies announcing job opportunities have made it clear these jobs will be in America.
So making good on his promise is exactly what Trump continues to intend to do. Yesterday, he further demonstrated his resolve by meeting with automakers on Tuesday to discuss just how to keep “America First.”
“I want new plants to be built here for cars sold here!” Trump wrote on Twitter earlier this morning [Tuesday].
Here is the full tweet:
Will be meeting at 9:00 with top automobile executives concerning jobs in America. I want new plants to be built here for cars sold here!
— Donald J. Trump (@realDonaldTrump) January 24, 2017
American taxpayers bailed out some of the biggest automakers like General Motors and Chrysler, losing $9.26 billion in the process, according to a report from the United States Treasury.
Trump has made auto jobs a key part of his presidency after excoriating automakers like Ford and General Motors for building factories outside the country to save money.
“General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!” Trump wrote on Twitter at the beginning of 2017. GM responded by announcing plans to invest $1 billion into factories in the United States.
Trump also targeted Ford Motor Company during the campaign for moving production to Mexico.
Ford Motor Company began the year announcing plans to cancel a $1.6 billion plant slated for Mexico, investing $700 million into a Michigan factory instead.
“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,” said Ford CEO Mark Fields after the announcement. “And so this is a vote of confidence.”
No doubt the liberals are pulling their hair out by the roots since redistributing American wealth to other countries is what president Trump intends to stop and bringing manufacturing back to America is how to do it.
America has been playing sugar daddy to the world long enough and it’s time for them to pull themselves up by the boot straps and contribute something other than lip service.
As President Trump would probably say to them, “You’re fired!”