Again and again on the campaign trail, Donald Trump made promises he couldn’t keep, playing on the ignorance of his base and revealing his own glaring misunderstanding of policy. The GOP candidate repeatedly vowed to strongarm companies into keeping jobs at home instead of sending them to Mexico, renegotiate NAFTA and impose stiff import taxes on foreign goods. It was a message that appealed widely to Trump supporters, blending the illusion of economic hope with the rubric of “America First” nationalism.
Problem is, nothing about Trump’s vision has anything to do with reality, and U.S. jobs continue to be sent across the border. As Bloomberg reports:
Illinois Tool Works Inc. will close an auto-parts plant in Mazon, Illinois, this month and head to Ciudad Juarez. Triumph Group Inc. is reducing the Spokane, Washington, workforce that makes fiber-composite parts for Boeing Co. aircraft and moving production to Zacatecas and Baja California. TE Connectivity Ltd. is shuttering a pressure-sensor plant in Pennsauken, New Jersey, in favor of a facility in Hermosillo.
Those companies aren’t alone. Indianapolis-based firm Rexnord is moving 300 jobs to Monterrey, Mexico, despite a December tweet by Trump meant to shame the company into staying. That company is located just up […]
All of this started with NAFTA, signed by a Democratic President. Obama was once asked if he could do anything about jobs leaving the country and he said no.
The American economy is now imploding at an increasing rate. Several large retail companies are on the verge of bankruptcy so one wonders where they intend to sell the products that they are making at lower costs in other countries.
Corporatists, Republican and Democratic, are the problem.