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Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs (cnbc.com)
Samsung Electronics has agreed to open a $380 million home appliance manufacturing plant in Newberry County, South Carolina. The new plant is expected to generate 954 local jobs by 2020. CNBC reports: The South Korean firm said this year it was in talks to build a home appliances plant in the United States amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country. "With this investment, Samsung is reaffirming its commitment to expanding its U.S. operations and deepening our connection to the American consumers, engineers and innovators," Samsung Electronics America President and CEO Tim Baxter said.
Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?
He hasn't delivered. Way more than 1k job exportations or terminations have been announced "during his watch". Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it. In that case, I'm sorry, but it was something dumb enough for a Trump supporter to actually believe and say.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
The standard of living has fallen low enough in the US that now we're stealing jobs from China.
“Common sense is not so common.” — Voltaire
Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?
Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it.
You did not miss it. I took it as sarcasm, but these days, who can tell for sure?
Trump has been promising the coal miners their jobs back, but everyone in the industry is saying they are not coming back, and the best Trump can do is slow the losses. This is not Trumps fault, or Obama's, or any politician. Automation is global. One excavator can mine 240,000 tons of coal per day with a crew of five.
Trump may be trying to keep his promises, but he certainly does not try to make promises he can keep.
Samsung first considered setting up shop in the United States about three years ago, the company said, and started talks with South Carolina last fall. The firm said it picked Newberry County for its workforce, transportation infrastructure — the plant is 150 miles from the Port of Charleston — and “commitment to public-private partnerships.”
https://www.washingtonpost.com...
In real numbers, at 12.4 million we're down more than 7 million factory jobs since the 1979 peak of 19.5 million jobs. Adjusted for population growth, we need 10 million more factory jobs to get back to similar levels. At 1000 jobs a piece, that would require an average of more than 3 announcements per day of a two-term presidency.
The problem is, the world doesn't need that much more goods - especially considering the volume that could be produced by a buildout of that level with the technology the buildout's investment would create. Though it would only be an 80% increase over current factory employment, it would likely produce a tripling or more of output because we're talking all new plants here.
We'd be drowning in even more crap than we already have. It's a stupid vision.
Let's move forward, not backward. We need a new vision. That 19.5 million job peak came during a horrible economic time with 11%+ inflation. As I remember it, it sucked. Do we really want that back?
Was a NeverTrump - but now with all the foolishness coming from left regarding Trump. Well, you guys lost me.
Not only that but I think he is keeping his promises (surprisingly enough) and if people like you keep going the way you're going the Republicans may actually GAIN seats in an off-term election.
F**k both the Republicans and Democrats. For years I've been hoping for the break up of the two-party system. I thought it would have been the Republicans that would have splintered first - now it looks like the Democrats, as a result of abandoning their labor roots, may be the party to splinter first.
If you're scared of your govt then you need to further restrict its powers
Vote 3rd Party in 2016 and beyond