Bring those industries back = Biden's CHIPs act
Just cause the finished product is constructed in American, companies still use foreign materials like wood, steel, microchips, etc.
some trump voters in PA just found out they won't be getting xmas bonuses because the company will be stockpiling to prepare for trump's tariffs
- Thread starter Jalether
- Start date
Just cause the finished product is constructed in American, companies still use foreign materials like wood, steel, microchips, etc.
haha is so true im using this line
feelosofer
#ninergang
The husbands would let their families starve to death as long as they 'own the libs'
But it would be weird for a company to do that. Bonuses and the like are usually budgeted out for the year prior.
But it would be weird for a company to do that. Bonuses and the like are usually budgeted out for the year prior.
Most white people vote with the intent that their policies will never directly effect them until it does. Even if that's a fake story I wouldn't be surprised that will be reality since we don't make nothing here in the US
American citizen memory is short as hell. During Covid US car companies couldn't get enough microchips from Taiwan and they pretty stopped making cars (or making them with missing USB ports if your Tesla)
Y'all was hoarding name brand toilet paper instead of buying overpriced 1 ply but expect JIT manufacturing companies to just wait til we know what the tariffs on foreign plywood will be
Y'all was hoarding name brand toilet paper instead of buying overpriced 1 ply but expect JIT manufacturing companies to just wait til we know what the tariffs on foreign plywood will be
I know that. I've been in corporate in Finance Dept for a long ass time. I'm just saying they knew this well in advance if this were even an inkling of a possibility that they were going to do that. For them to blame it on upcoming tariffs is BS.
They still outline the severity of their situations months in advance. It's November. They didn't have the bonuses budgeted out for December? Whether it's the end of the FY or YE, they knew what they had in the budget for December, well before November. And especially if it's something they've consistently done for a few years. It's a bonus, they could've easily informed the folks the beginning of the QTR or beginning of FY that future bonuses we something they were exploring in discontinuing or even delaying.Notifying employees 6 months in advance would just cause panic. 6 months ago CEOs probably assumed Joe Biden would win relection and this tariffs shyt isn't even a thought. A CEO supposed to predict what Trump will say/do in 6 months? Trump don't even know
Point still remains, they knew well in advance, way before the results of this election that they were gonna nix the Christmas bonuses. They have a working class staff, so they know the majority depend on those bonuses for the holidays. Don't use something like the election, which doesn't even affect anything for a few months as an excuse. Cmon now - 2 years worth of supplies? You don't even know if you're operating in the same manner in 2 years, regulations could change as well, now your stuck with another year of useless materials. And a few thousands in bonuses is not significantly gonna crush you, especially this year.
Pull Up the Roots
Veteran
The tariffs are happening, just like they did in his last administration. And they are coming with corporate tax cuts, not in conjunction with the elimination of all taxes. You keep spreading this baseless lie to run interference for Trump. His transition team is set up (and full of corporate entities and billionaires) to get that ball rolling early. It's happening. The leader of his transition team is the Cantor Fitzgerald CEO, Billionaire Howard Lutnick. He is a hand puppet.if the tariffs actually happened, it would raise the price of everything coming from china, which is like everything we buy
but it's not gonna happen. tariffs was just a stupid thing for trump to say on the campaign trail, to sound like he knew what he was talking about, and give him a policy to "talk tough" about. the people around him will never actually let him do it
also, he proposed tariffs as an alternative to getting rid of all taxes. that's not happening, so it's DOA
- U.S. Trade Representative Robert Lighthizer, who is crafting trade and economic plans, along with Jamieson Greer, Lighthizer’s former chief of staff.
The Man Who Would Help Trump Upend the Global Economy
As a potential U.S. Treasury secretary, Robert Lighthizer has more than trade policy to revolutionize.
foreignpolicy.com
Bryan Danielson
Jmare007 x Bryan Danielson x JLova = King Ghidorah
White men are already taking L's. we need any consolation we can get from this tragedy
I made it a hot line
You made it a hot song
if trump and republicans are dumb enough to do this, and give democrats that huge gift, i'll be happy to admit i was wrong
i don't see it. they aren't that stupid.
Clark Wayne
Superstar
I would say this is fake but I saw a video of some dude trying to explain tariffs to a trump supporter and the trumper didn’t get it at all.
Understood on the 1st part -- I've been in Compensation my whole career, so I'm the one modeling the bonus plans throughout the year for FP&A team.
Mfg companies are very vulnerable to price shocks, so if I'm the CEO I'm cancelling bonuses to ensure we got enough inventory to last as long as we can manage because of I don't do it, my competitors will. And what happens to my market share if I can't even make the finished product because I can no longer afford my foreign suppliers?
It may be an excuse but the CEO is probably telling his employees the truth and risking a lot to be transparent.
Or he's just emulating the behaviors of their favored candidate and they gotta sit with that.
WaveCapsByOscorp™
2021 Grammy Award Winner
It’s twitter, yall keep circulating that bullshyt for some reason.
Pull Up the Roots
Veteran
You actually think they're just assembling a team focusing on doing this and communicating that they're going to do this, to not do it? What sense does that make?if trump and republicans are dumb enough to do this, and give democrats that huge gift, i'll be happy to admit i was wrong
i don't see it. they aren't that stupid.
Republicans, Trump, and his billionaire friends especially are that avaricious. Their callous indifference to the suffering of every day people is well-documented throughout history. They instituted tariffs under his last administration and it was disastrous for the steel industry, and industries that relied on it. And people lined up again to elect him despite that. Why does the GOP get this benefit of the doubt from some of you?
"Oh, they're not going to do this regressive thing that they're saying they're going to do, and have done in the past. No need to worry."
And would it be a gift? For example, Trump was a disaster for unions and the labor movement in general, yet that did not turn them off from supporting him in vast numbers. That's true for other "identities" who will vote against their own interests for reasons stronger than a concern for their well-being too.