Just not the "greatest jobs president" for you
by Tom Sullivan
Image: CNN Money Trump Jobs Tracker
Trump University closed its doors years ago. What students paid handsomely to learn was not to trust Donald Trump. Carrier employees in Indianapolis paid to learn the same lesson with their votes. Earlier this month 215 more received pink slips after receiving promises from Trump that he would save their jobs. Those jobs are headed to Mexico. Like students of Trump University, Carrier workers got a schooling, just not the one they expected.
“We all voted for him,” Renee Elliott, 44, said of her Carrier colleagues. “We just thought he was going to protect our jobs. It sounded really good. And then, boom.”
The “greatest jobs president God ever created” has a talent for exporting them. His new 30% tariff on foreign-made solar panels will destroy more jobs at home while propping them up abroad.
The Guardian reports:
The Solar Energy Industries Association said 23,000 jobs would be lost in 2018, pointing out that most solar manufacturing in the US revolves around making parts for cheaper imported panels, rather than the cells and panels themselves.The new tariffs include imported washing machines.
The installation of panels accounts for around 130,000 further jobs.
“It boggles my mind that this president – any president, really – would voluntarily choose to damage one of the fastest-growing segments of our economy,” said Tony Clifford, chief development officer of Standard Solar, which finances and installs panels.
"I think they made an error," McMaster said. "I'm disappointed, but we'll work with it and we'll do what we can to make sure Samsung's investment is strong and productive for the people of our state."A shame South Carolina is not a swing state.
The decision was a major victory for Whirlpool, an American manufacturer headquartered in Michigan, who complained that foreign companies were flooding the U.S. market with cheap washers.
Travel to the U.S. has been on the decline ever since President Donald Trump took office, and new data shows the slump translates to a cost of $4.6 billion in lost spending and 40,000 jobs.
The latest data from the National Travel and Tourism Office shows a 3.3 percent drop in travel spending and a 4 percent decline in inbound travel.
The downturn has also caused America to lose its spot as the world's second-most popular destination for foreign travel, ceding to Spain.
Increase in Dow under:
— Steven Rattner (@SteveRattner) January 4, 2018
- Obama from Jan 20, 2009 to Jan 4, 2010: 33.2%
- Trump from Jan 20, 2017 to Jan 4, 2018: 26.5%
Increase in S&P under:
- Obama from Jan 20, 2009 to Jan 4, 2010: 40.7%
- Trump from Jan 20, 2017 to Jan 4, 2018: 20.0% https://t.co/ntJBwnRUvW