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United States News
See other United States News Articles

Title: Ford Just Came To Trump' Defense & Destroyed Fake News Media & Their Lies: Tariffs & Their Layoffs
Source: [None]
URL Source: http://fbnewscycle.com/av/?fbclid=I ... mso0G05aO54XiTo4rL0qKGZB4Z6SuM
Published: Oct 14, 2018
Author: Baish
Post Date: 2018-10-14 08:25:18 by A K A Stone
Keywords: None
Views: 1316
Comments: 8

The mainstream media is hellbent on ruining President Trump's reputation. Their latest ploy has been blaming him for Ford Motor's recent announcement of layoffs within the company. The liberal media claimed that Trump's tariffs were to blame.

A spokesperson for Ford spoke to Watchdog.org, however, and explained that the whole thing is a "MISCHARACTERIZATION."

The most recent job cuts will have an impact on salaried employees only. Manufacturing employees will not be affected. The spokesperson also explained that it has nothing to do with President Trump's tariffs.

"The reports you have read about our organization redesign work being related to external forces such as tariffs are incorrect," Ford Motor Company spokeswoman Karen Hampton explained to Watchdog.org.

She continued, "This is a global effort and not specific to the U.S. We began this effort recently as part of our CEO's work to make us a faster, more nimble, more innovative company."

Western Journal reports that Hampton explained that she wished the mainstream media who had published articles blaming Trump had spoken to Ford prior to publishing false information.

The company released a statement explaining that the restructuring changes will have no impact on manufacturing jobs or hourly workers whatsoever. The only employees who will be effected by the changes are those in "global salaried positions."

These changes are meant "to support the company's strategic objectives, create a more dynamic and empowering work environment, and become more fit as a business."

Western Journal reports:

Ford has not yet released the specific number of employees that will be lost, but said it will reveal more specifics when the time is appropriate.

Although Trump's tariffs are not causing these layoffs, some analysts have suggested that Trump's tariffs will force Ford and other automakers to lay off autoworkers if trade deals are not reached.

Ford has lost about $1 billion as a result of the international trade war, according to reports, and Morgan Stanley predicted Ford would have to lay off about 12 percent of its global workforce, which is 24,000 people. Ford's stock was down 29 percent in afternoon trading.

Ford's and other automakers' predicament are predominantly being caused by rising steel and aluminum prices, which are a result of the trade war with other nations.

Numerous automobile production companies have praised President Trump's recent trade deal with Mexico and Canada. Ford was one of those companies.

The automotive company has explained that they support policies which reduce trade barriers.

The economy of Michigan is effected by tariffs in a special way because exports and imports with other countries make up 40 percent of the state’s GDP.

"It is clear from the global trade experience, scholarly evidence and economic theory that tariff increases would likely cost us more jobs than we might gain from them,” the Mackinac Center's Senior Director of the Morey Fiscal Policy Initiative Michael LaFaive explained to Watchdog.org.

"To the Trump Administration's credit, they have made as a stated goal eliminating tariffs and subsidies and other barriers to worldwide free trade," LaFaive continued. "That is great, but in the meantime the tariffs imposed already appear to be raising the cost of doing business for many American job providers, and with some unfortunate consequences."

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#1. To: A K A Stone (#0)

predicted Ford would have to lay off about 12 percent of its global workforce, which is 24,000 people.

Versus how many jobs added in the steel and aluminum industries?

Leave it to the MSM to focus on the negative impact only. If Obama were President, we'd only hear about the added jobs.

Then again, if Obama were President there'd BE no added jobs.

misterwhite  posted on  2018-10-14   10:42:56 ET  Reply   Trace   Private Reply  


#2. To: A K A Stone, Deckard, Gatlin, Grandisland, hall monitors (#0) (Edited)

"To the Trump Administration's credit, they have made as a stated goal eliminating tariffs and subsidies and other barriers to worldwide free trade," LaFaive continued. "That is great, but in the meantime the tariffs imposed already appear to be raising the cost of doing business for many American job providers, and with some unfortunate consequences."

So, Trump's stated goal is good, but what he's doing is bad because it's the opposite.

Mac Slavo of SHTF Plan is right in the article that Deckard posted. So why are you banning articles from that site, can't handle the truth?

libertysflame.com/cgi-bin...?ArtNum=57506&Disp=13#C13


Hondo68  posted on  2018-10-14   11:18:05 ET  Reply   Trace   Private Reply  


#3. To: hondo68 (#2)

Because they outright lied doper. They claimed something that wasn't true. That Ford had to come out and correct because the kooks on your side made something up again.

A K A Stone  posted on  2018-10-14   11:19:37 ET  Reply   Trace   Private Reply  


#4. To: A K A Stone (#3)

doper

I don't do drugs (except for some prescriptions) even alcohol, so quit making stuff up liar. I do support the right of everyone to do whatever they want, as long as it doesn't hurt someone else.

In a nutshell the NAP, Non Aggression Principle. You should give it a try.


Hondo68  posted on  2018-10-14   11:35:43 ET  Reply   Trace   Private Reply  


#5. To: hondo68, A K A Stone, Deckard, Gatlin, GrandIsland (#2)

So, Trump's stated goal is good, but what he's doing is bad because it's the opposite.

Mac Slavo of SHTF Plan is right in the article that Deckard posted.

Ford put out good information a week ago.

http://fordauthority.com/2018/10/report-layoffs-coming-to-ford-motor-companys-70k-strong-white-collar-workforce/

Report: Layoffs Coming To Ford Motor Company’s 70k-Strong White-Collar Workforce

by Aaron Brzozowski
Ford Authority
Oct 8, 2018

Ford Motor Company is planning to “redesign” its white-collar workforce, laying off an unknown number of its 70k white-collar employees, according to NBC News. While “redesigning” its workforce sounds entirely euphemistic, Ford CFO Bob Shanks says the restructuring will be aimed more at “making different choices about strategy” than cutting costs. Ford wants its white-collar workforce to have less hierarchy and deliver more decision-making privileges to employees, the automaker says.

The number of employees that could be cut as a result of Ford’s global restructuring is unknown, but NBC News reports that Morgan Stanley anticipates a “global headcount reduction of approximately 12 percent.” That would equate to roughly 24k of Ford’s 202k employees and hourly workers worldwide.

Many of those layoffs could come from Ford’s European and South American businesses, which are currently costing the automaker billions of dollars annually. Ford Executive Chairman Bill Ford said in May that investors ought to anticipate some “fairly large” changes in those markets as the automaker attempts to cut its losses and improve its financial fitness.

Of course, many of the layoffs could also come from North America, where the Blue Oval has taken a hit from U.S. President Donald Trump’s trade actions. New tariffs on imported steel and aluminum have already cost Ford Motor Company to the tune of $1 billion, CEO Jim Hackett says; even though Ford primarily uses metals that are produced domestically, prices have gone up as a result of the new import duties.

nolu chan  posted on  2018-10-14   14:07:27 ET  Reply   Trace   Private Reply  


#6. To: hondo68 (#2)

Mac Slavo of SHTF Plan

That site is right 90% of the time.

I bet FOX News has a worse track record.

I've posted a ton of articles from that site, and Pebbles always agreed with them.

Stoney would rather ban SHTF Plan and other alternative sources for one mistake.

Just like Facebook does.

“Truth is treason in the empire of lies.” - Ron Paul

Government is in the last resort the employment of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen.
The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning.
Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.

Deckard  posted on  2018-10-14   14:13:30 ET  Reply   Trace   Private Reply  


#7. To: hondo68 (#4)

as long as it doesn't hurt someone else

That’s where your bullshit goes off the rails... your inability to see the “hurt”, damage and cost of illegal narcotic use, to the ENTIRE working American populace.

I'm the infidel... Allah warned you about. كافر المسلح

GrandIsland  posted on  2018-10-14   22:09:07 ET  Reply   Trace   Private Reply  


#8. To: Deckard (#6)

Post away Deckard. I will not penalize.

I just get aggravated sometimes.

A K A Stone  posted on  2018-10-14   22:22:47 ET  Reply   Trace   Private Reply  


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