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Mott The Hoople

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23 Jun 18

America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/

K

Germany

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23 Jun 18

Back to what?

D
Losing the Thread

Quarantined World

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23 Jun 18

Originally posted by @kazetnagorra
Back to what?
Ha, looked 'em up. It appears that India will be making America great again.

Suzianne
Misfit Queen

Isle of Misfit Toys

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23 Jun 18
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Originally posted by @mott-the-hoople
America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
Unfortunately, massive corporate profits and even windfall profits never translate to jobs for Joe Average on the street.

Most of it gets blown on managerial bonuses.

m

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23 Jun 18

Originally posted by @mott-the-hoople
America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
MAHA !!
Make America Hillbilly Again !! 😀

s
Fast and Curious

slatington, pa, usa

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23 Jun 18
1 edit

Originally posted by @mott-the-hoople
America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
Yessir, 0.5 billion dollars added to the 20,000 billion the US makes every year. Wow, an increase of one part in 40,000. Amazing!

All we need now is 40,000 more just like it and the GNP will DOUBLE!

no1marauder
Naturally Right

Somewhere Else

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23 Jun 18
1 edit

Originally posted by @mott-the-hoople
America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
The world economy is interesting.

Trump announces tariffs which will raise the price of steel in the US.

An Indian company buys out a US company to take advantage of that increase in prices in the US market.
https://www.cnbc.com/2018/06/21/steel-company-jsw-usa-to-add-1000-new-jobs-ceo.html

Granted, this will provide some US jobs,at JSW but what impact will the price increases have on other US consumers and companies? And presumably JSW wouldn't do this if it didn't think it would increase its corporate profits accordingly, so isn't this in net a redistribution of income from American consumers to Indian stockholders?

Mott The Hoople

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1 edit

Originally posted by @no1marauder
The world economy is interesting.

Trump announces tariffs which will raise the price of steel in the US.

An Indian company buys out a US company to take advantage of that increase in prices in the US market.
https://www.cnbc.com/2018/06/21/steel-company-jsw-usa-to-add-1000-new-jobs-ceo.html

Granted, this will provide some US jobs,at JSW but w ...[text shortened]... so isn't this in net a redistribution of income from American consumers to Indian stockholders?
explain how tariffs placed on Canadian steel is going to make US produced steel prices rise.

Mott The Hoople

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24 Jun 18

Originally posted by @sonhouse
Yessir, 0.5 billion dollars added to the 20,000 billion the US makes every year. Wow, an increase of one part in 40,000. Amazing!

All we need now is 40,000 more just like it and the GNP will DOUBLE!
only a dumbass would assume only one company is being added. Are you unaware of all the other factories? Your ignorance is causing you to embarrass yourself.

Mott The Hoople

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1 edit

Originally posted by @suzianne
Unfortunately, massive corporate profits and even windfall profits never translate to jobs for Joe Average on the street.

Most of it gets blown on managerial bonuses.
only if you ignore the RECORD jobs growth since Trump took office. Just not a good time to be a liberal is it? LOL

no1marauder
Naturally Right

Somewhere Else

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24 Jun 18

Originally posted by @mott-the-hoople
explain how tariffs placed on Canadian steel is going to make US produced steel prices rise.
ECO 101. If a competitor raises their price, you can raise your price thus increasing your margin without losing market share.

Mott The Hoople

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24 Jun 18

Originally posted by @no1marauder
ECO 101. If a competitor raises their price, you can raise your price thus increasing your margin without losing market share.
supply and demand Trumps that...😉

AThousandYoung
1st Dan TKD Kukkiwon

tinyurl.com/2te6yzdu

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Originally posted by @mott-the-hoople
America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
https://www.reuters.com/article/us-usa-trade-steel/u-s-commerce-department-investigating-steel-price-hikes-after-tariffs-ross-idUSKBN1JG22W

AThousandYoung
1st Dan TKD Kukkiwon

tinyurl.com/2te6yzdu

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Originally posted by @mott-the-hoople
only if you ignore the RECORD jobs growth since Trump took office. Just not a good time to be a liberal is it? LOL
https://www.forbes.com/sites/chuckjones/2018/01/06/president-trumps-first-year-of-job-growth-was-below-president-obamas-last-six-years/#500b4abc25ab

no1marauder
Naturally Right

Somewhere Else

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24 Jun 18

Originally posted by @mott-the-hoople
supply and demand Trumps that...😉
That is supply and demand.

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