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  1. Joined
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    23 Jun '18 12:18
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
  2. Germany
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    23 Jun '18 12:19
    Back to what?
  3. Standard memberDeepThought
    Losing the Thread
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    23 Jun '18 13:33
    Originally posted by @kazetnagorra
    Back to what?
    Ha, looked 'em up. It appears that India will be making America great again.
  4. SubscriberSuzianne
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    23 Jun '18 17:33
    Originally posted by @mott-the-hoople
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
    Unfortunately, massive corporate profits and even windfall profits never translate to jobs for Joe Average on the street.

    Most of it gets blown on managerial bonuses.
  5. Joined
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    23 Jun '18 18:05
    Originally posted by @mott-the-hoople
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
    MAHA !!
    Make America Hillbilly Again !! 😀
  6. Subscribersonhouse
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    23 Jun '18 18:171 edit
    Originally posted by @mott-the-hoople
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
    Yessir, 0.5 billion dollars added to the 20,000 billion the US makes every year. Wow, an increase of one part in 40,000. Amazing!

    All we need now is 40,000 more just like it and the GNP will DOUBLE!
  7. Subscriberno1marauder
    Humble and Kind
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    23 Jun '18 23:531 edit
    Originally posted by @mott-the-hoople
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
    The world economy is interesting.

    Trump announces tariffs which will raise the price of steel in the US.

    An Indian company buys out a US company to take advantage of that increase in prices in the US market.
    https://www.cnbc.com/2018/06/21/steel-company-jsw-usa-to-add-1000-new-jobs-ceo.html

    Granted, this will provide some US jobs,at JSW but what impact will the price increases have on other US consumers and companies? And presumably JSW wouldn't do this if it didn't think it would increase its corporate profits accordingly, so isn't this in net a redistribution of income from American consumers to Indian stockholders?
  8. Joined
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    24 Jun '18 01:111 edit
    Originally posted by @no1marauder
    The world economy is interesting.

    Trump announces tariffs which will raise the price of steel in the US.

    An Indian company buys out a US company to take advantage of that increase in prices in the US market.
    https://www.cnbc.com/2018/06/21/steel-company-jsw-usa-to-add-1000-new-jobs-ceo.html

    Granted, this will provide some US jobs,at JSW but w ...[text shortened]... so isn't this in net a redistribution of income from American consumers to Indian stockholders?
    explain how tariffs placed on Canadian steel is going to make US produced steel prices rise.
  9. Joined
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    24 Jun '18 01:16
    Originally posted by @sonhouse
    Yessir, 0.5 billion dollars added to the 20,000 billion the US makes every year. Wow, an increase of one part in 40,000. Amazing!

    All we need now is 40,000 more just like it and the GNP will DOUBLE!
    only a dumbass would assume only one company is being added. Are you unaware of all the other factories? Your ignorance is causing you to embarrass yourself.
  10. Joined
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    24 Jun '18 01:191 edit
    Originally posted by @suzianne
    Unfortunately, massive corporate profits and even windfall profits never translate to jobs for Joe Average on the street.

    Most of it gets blown on managerial bonuses.
    only if you ignore the RECORD jobs growth since Trump took office. Just not a good time to be a liberal is it? LOL
  11. Subscriberno1marauder
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    24 Jun '18 01:58
    Originally posted by @mott-the-hoople
    explain how tariffs placed on Canadian steel is going to make US produced steel prices rise.
    ECO 101. If a competitor raises their price, you can raise your price thus increasing your margin without losing market share.
  12. Joined
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    24 Jun '18 02:07
    Originally posted by @no1marauder
    ECO 101. If a competitor raises their price, you can raise your price thus increasing your margin without losing market share.
    supply and demand Trumps that...😉
  13. SubscriberAThousandYoung
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    24 Jun '18 02:23
    Originally posted by @mott-the-hoople
    America is coming back...#MAGA



    https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/
    https://www.reuters.com/article/us-usa-trade-steel/u-s-commerce-department-investigating-steel-price-hikes-after-tariffs-ross-idUSKBN1JG22W
  14. SubscriberAThousandYoung
    iEn guardia, Ingles!
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    24 Jun '18 02:24
    Originally posted by @mott-the-hoople
    only if you ignore the RECORD jobs growth since Trump took office. Just not a good time to be a liberal is it? LOL
    https://www.forbes.com/sites/chuckjones/2018/01/06/president-trumps-first-year-of-job-growth-was-below-president-obamas-last-six-years/#500b4abc25ab
  15. Subscriberno1marauder
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    24 Jun '18 02:28
    Originally posted by @mott-the-hoople
    supply and demand Trumps that...😉
    That is supply and demand.
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