something more for liberals to hate on...

America is coming back...#MAGA



https://theconservativetreehouse.com/2018/06/22/jsw-steel-announces-new-500-million-investment-in-ohio/

Back to what?

Originally posted by @kazetnagorra
Back to what?

Ha, looked 'em up. It appears that India will be making America great again.

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.

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 !! 😀

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!

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?

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.

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.

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

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.

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...😉

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

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

Originally posted by @mott-the-hoople
supply and demand Trumps that...😉

That is supply and demand.