Us steel could rehire 10,000.

[Locutus]

Wow!!!

US Steel CEO: All we've been looking for is fairness 7 Hours Ago | 04:56


United States Steel would like to accelerate its investments and hire back laid-off employees now that Donald Trump will be occupying the Oval Office, CEO Mario Longhi told CNBC on Wednesday.

"We already structured to do some things, but when you see in the near future improvement to the tax laws, improvements to regulation, those two things by themselves may be a significant driver to what we're going to do," he said in an interview with CNBC's "Power Lunch."

In addition, the belief that the U.S. economy can grow at least 3.5 percent also adds to what the company can do, Longhi noted.

"I'd be more than happy to bring back the employees we've been forced to lay off during that depressive period," he said, which could be close to 10,000 jobs.


mo

US Steel wants to accelerate investments, bring back jobs, CEO says

 

[lone wolf]

Could ... they got all that up-to-date Stelco equipment when they knocked the plant down (something they'd not do if it weren't for "Free Trade"

 

[Ludlow]

~ it's gonna be a beautiful thing~ Troomp.

 

[Machjo]

One thing Trump and Trudeau share in common. Both big spenders. So count on unsustainable economic growth across North America in the next few years. But with Trudeau being pro free trade and Trump anti free trade, the US will probably need to deal with more economic inefficiency and so higher inflation to boot.

 

[mentalfloss]

One think Trump and Trudeau share in common. Both big spenders. So count on unsustainable economic growth across North America in the next few years. But with Trudeau being pro free trade and Trump anti free trade, the US will probably need to deal with more economic inefficiency and so higher inflation to boot.

You speak as if Locutus could actually comprehend what you're saying. :lol:

 

[MHz]

One thing Trump and Trudeau share in common. Both big spenders. So count on unsustainable economic growth across North America in the next few years. But with Trudeau being pro free trade and Trump anti free trade, the US will probably need to deal with more economic inefficiency and so higher inflation to boot.

That is called a economic boom and they are never meant to be a fix-all or last for decades.

You speak as if Locutus could actually comprehend what you're saying. :lol:

Huh?

 

[Kreskin]

Any bets on where the national debt will be by the time Trump is finished?

 

[MHz]

If it's at a;most $20T now what does it matter, it is like he would have caused it to become a problem. These guys are looking for a handout. Trim the fat off that $600B and there is lots of money for worthwhile projects and reduce the budget at the same time.

 

[Curious Cdn]

Any bets on where the national debt will be by the time Trump is finished?

It may not be so bad if Trump stays away from losing foreign military adventures. Dubya started two wars simultaneously on the other side of the planet and wrecked the US economy in the process. It's still very damaged.

 

[tay]

Meanwhile Trump get's snubbed by the GOP.......

Donald Trump may have positioned himself as the champion of American workers but Republicans on the Hill are already embracing his “do as I say, not as I do” modus operandi. Under the backing of Paul Ryan, the GOP leadership stripped a provision from a water bill Monday that would have required American-made iron and steel products to be used in infrastructure projects funded by the Safe Drinking Water State Revolving Fund (DWSRF). Democratic Ohio Sen. Sherrod Brown blasted Republicans, who removed the “Buy America” provision (which passed the Senate with strong bipartisan support) while the House and Senate were reconciling the bills. In other words, GOP leadership scrapped it behind closed doors.

By stripping meaningful Buy America rules from the water infrastructure bill, Washington leadership is choosing China and Russia over Ohio, Pennsylvania and Wisconsin,” said Brown. “This was the first major test of whether Washington establishment Republicans would live up to President-elect Trump’s promises to put American products and American workers first – they failed, and American iron and steel workers will pay the price.”

Now, Brown is teaming up with Democratic Sens. Tammy Baldwin of Wisconsin and Bob Casey of Pennsylvania to insert the provision back in the bill.

They want to reattach the provision to a nearly $12 billion Water Resource Development Act (WRDA), which authorizes dozens of infrastructure projects around the country and is on track to pass the House this week.

“I’m not giving up on this fight,” Baldwin said in a telephone interview Tuesday. “Why would we pass a bill that only benefits Russian and Chinese steel corporations when we could be providing certainty to American manufacturers of steel and iron?”
​

In essence, “Buy America” sounds as nice to Republicans as it did to Trump, but in practice they would rather preserve the "Buy Chinese" option that Trump uses to build his skyscrapers.

 

[Locutus]

anyway kids...when this dude actually gets the keys to the White House, he's gonna be a national treasure, a revered do-right leader of how to be. the future's so bright you gotta wear them shades. :smile:

 

[tay]

Looks like the GOP will treat Trump the same way they treat Obama......

 

[taxslave]

You speak as if Locutus could actually comprehend what you're saying. :lol:

Not everyone is as dense as you.

Any bets on where the national debt will be by the time Trump is finished?

Maybe nothing. He may just declare them invalid and not pay.

 

[Cannuck]

All he wants is "fairness". Sounds like an SJW.

 

[taxslave]

Is a mere 10 000 jobs worth raising the ire of ecoterrorists? Do all those people that voted Clinton really want to work?

 

[EagleSmack]