Originally posted by falafel
View Post
Announcement
Collapse
No announcement yet.
President Trump: Making America Great Again...
Collapse
X
-
"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
-
Originally posted by Moliere View PostStop bringing rational arguments into blueK’s irrational assessment. I mean, GM is obviously closing a plant in Canada because of Trump tariffsAin't it like most people, I'm no different. We love to talk on things we don't know about.
"The only one of us who is so significant that Jeff owes us something simply because he decided to grace us with his presence is falafel." -- All-American
GIVE 'EM HELL, BRIGHAM!
Comment
-
Originally posted by Moliere View PostStop bringing rational arguments into blueK’s irrational assessment. I mean, GM is obviously closing a plant in Canada because of Trump tariffs
https://www.cato.org/publications/co...trumps-tariffs
The article above from two months ago says GM was already considering cutting jobs because of higher costs due to tariffs. Well, they just did.
Ford: The carmaker faces $300 million in extra costs this year due to escalating tariffs. It took a $300 million hit in the most recent quarter because of pricier commodities such as steel and aluminum, whose costs have been inflated by tariffs.
General Motors: The carmaker, which cut its earnings forecast for the year because of surging prices for steel and aluminum caused by tariffs, is considering cutting U.S. jobs.Last edited by BlueK; 11-26-2018, 02:37 PM.
Comment
-
Originally posted by BlueK View PostCome on, hardly irrational. Costs have to be a factor. These decisions aren't made in a vacuum. I didn't mean to say the tariffs were the ONLY factor.Ain't it like most people, I'm no different. We love to talk on things we don't know about.
"The only one of us who is so significant that Jeff owes us something simply because he decided to grace us with his presence is falafel." -- All-American
GIVE 'EM HELL, BRIGHAM!
Comment
-
Originally posted by falafel View PostBut it was the only factor you chose to blame in your drive-by post.
25% higher costs on a major component needed by a huge manufacturer is not trivial. They can publicly give any reason they want for giving 15 thousand people the boot.Last edited by BlueK; 11-26-2018, 03:00 PM.
Comment
-
Originally posted by BlueK View PostYou're pretty good at being a stickler for the meaningless.
25% higher costs on a major component needed by a huge manufacturer is not trivial. They can publicly give any reason they want for giving 15 thousand people the boot.Ain't it like most people, I'm no different. We love to talk on things we don't know about.
"The only one of us who is so significant that Jeff owes us something simply because he decided to grace us with his presence is falafel." -- All-American
GIVE 'EM HELL, BRIGHAM!
Comment
-
Originally posted by BlueK View PostYou're pretty good at being a stickler for the meaningless.
25% higher costs on a major component needed by a huge manufacturer is not trivial. They can publicly give any reason they want for giving 15 thousand people the boot.
The tariffs are probably driving a reduction in profits and possibly an increase in prices, but car manufacturers are responding to consumer taste in focusing on larger vehicles, which just so happen to be the vehicles with higher profit margins.
There’s an interesting Freakonomics podcast out with an interview of the CEO of Ford where he discusses the changing consumer taste and how they are responding to it. They are doing exactly when GM is now doing."Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
Comment
-
Originally posted by Moliere View PostThen why were jobs cut at plants that manufacture sedans and not plants that make SUVs and trucks? Surely the tariffs would have a bigger impact on bigger vehicles that use more steel and aluminum.
The tariffs are probably driving a reduction in profits and possibly an increase in prices, but car manufacturers are responding to consumer taste in focusing on larger vehicles, which just so happen to be the vehicles with higher profit margins.
There’s an interesting Freakonomics podcast out with an interview of the CEO of Ford where he discusses the changing consumer taste and how they are responding to it. They are doing exactly when GM is now doing.
Comment
-
Originally posted by Moliere View PostThen why were jobs cut at plants that manufacture sedans and not plants that make SUVs and trucks? Surely the tariffs would have a bigger impact on bigger vehicles that use more steel and aluminum.
The tariffs are probably driving a reduction in profits and possibly an increase in prices, but car manufacturers are responding to consumer taste in focusing on larger vehicles, which just so happen to be the vehicles with higher profit margins.
There’s an interesting Freakonomics podcast out with an interview of the CEO of Ford where he discusses the changing consumer taste and how they are responding to it. They are doing exactly when GM is now doing.Last edited by BlueK; 11-26-2018, 06:00 PM.
Comment
-
Originally posted by frank ryan View PostLet's not pretend tariffs weren't significant part of the equation.sigpic
"Outlined against a blue, gray
October sky the Four Horsemen rode again"
Grantland Rice, 1924
Comment
-
"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
Comment
-
Ok, so Trump threatens now to cut GM's subsidies. I have no problem with that. The government shouldn't be in that business anyway.
However, it seems typically illogical and contradictory of Trump, since taking money away from GM would likely only make them have to cut even more jobs, which is what he's supposed to be upset about. But we all know this is really just about Trump feeling personally slighted and is therefore lashing back.
In other news, the Mueller team is reportedly looking at Paul Manafort's meeting with Julian Assange in 2016. I wonder what they were talking about back then.
Comment
-
Originally posted by BlueK View PostOk, so Trump threatens now to cut GM's subsidies. I have no problem with that. The government shouldn't be in that business anyway.
However, it seems typically illogical and contradictory of Trump, since taking money away from GM would likely only make them have to cut even more jobs, which is what he's supposed to be upset about. But we all know this is really just about Trump feeling personally slighted and is therefore lashing back.
In other news, the Mueller team is reportedly looking at Paul Manafort's meeting with Julian Assange in 2016. I wonder what they were talking about back then.
The leaked text messages from his daughters are really disturbing if you have checked those out Bluek
Comment
Comment