jimnyc
12-06-2016, 07:30 PM
NT - you can add another one to the list of early accomplishments. It's nice to see such a flurry of activity prior to him even being sworn in. :thumb:
And without any negatives - it'll be fun and interesting to see how quickly and what condemnations this will receive from the liberals.
$50 billion is a nice investment, and shows a lot of confidence. But better, if it does actually create 50k jobs, or even a nice portion of that!
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Trump: Japanese mogul pledges $50 billion US investment
WASHINGTON (AP) — After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States and would "commit" to creating 50,000 new jobs over an unspecified time period.
Son is the founder and chief executive of SoftBank, one of Japan's largest technology outfits, which owns the U.S. mobile carrier Sprint. Sprint shares initially spiked after the announcement. Son left Trump Tower after being escorted down the elevator by the president-elect, who touted the pledge before waiting investors.
The announcement is the latest instance in which Trump appears to be conducting economic policy via ad-hoc deal-making — sometimes taking credit whether he deserves it or not. Last week, the president-elect spoke at the Carrier furnace plant in Indianapolis after the company announced plans to keep 800 jobs at the plant instead of outsourcing them to Mexico. Trump quickly claimed he had saved those positions, even though the company is still shifting more than 1,000 jobs from that factory and another Indiana plant to Mexico.
Similarly, the week after the election Trump tweeted that he had dissuaded Ford Motor Co. from moving a Kentucky factory to Mexico. The claim was a stretch; Ford had no plans to move the plant and had already agreed to keep producing one specific model there, although it did back away from a plan to shift production of the Lincoln MKC, a small SUV, from Louisville to Cuautitlan, Mexico.
Trump quickly took credit for Son's commitment on Tuesday, writing on Twitter: "Masa said he would never do this had we (Trump) not won the election!"
"I just came to celebrate his new job," Son said. "I said, 'This is great, the U.S. will become great again'."
Trump plans to meet with leading tech executives next week, a group that will include venture capitalist Peter Thiel — one of Trump's few supporters in Silicon Valley — and Cisco Systems CEO Chuck Robbins. The job commitments that Trump claims to have produced are symbolically resonant. Still, the economy has generated 2.25 million new jobs in the past 12 months and many economists say that accelerating this pace may be difficult in the long run because of the aging U.S. population.
Rest here - https://www.yahoo.com/news/trump-japanese-mogul-pledges-50-billion-us-investment-214229797.html
And without any negatives - it'll be fun and interesting to see how quickly and what condemnations this will receive from the liberals.
$50 billion is a nice investment, and shows a lot of confidence. But better, if it does actually create 50k jobs, or even a nice portion of that!
-----
Trump: Japanese mogul pledges $50 billion US investment
WASHINGTON (AP) — After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States and would "commit" to creating 50,000 new jobs over an unspecified time period.
Son is the founder and chief executive of SoftBank, one of Japan's largest technology outfits, which owns the U.S. mobile carrier Sprint. Sprint shares initially spiked after the announcement. Son left Trump Tower after being escorted down the elevator by the president-elect, who touted the pledge before waiting investors.
The announcement is the latest instance in which Trump appears to be conducting economic policy via ad-hoc deal-making — sometimes taking credit whether he deserves it or not. Last week, the president-elect spoke at the Carrier furnace plant in Indianapolis after the company announced plans to keep 800 jobs at the plant instead of outsourcing them to Mexico. Trump quickly claimed he had saved those positions, even though the company is still shifting more than 1,000 jobs from that factory and another Indiana plant to Mexico.
Similarly, the week after the election Trump tweeted that he had dissuaded Ford Motor Co. from moving a Kentucky factory to Mexico. The claim was a stretch; Ford had no plans to move the plant and had already agreed to keep producing one specific model there, although it did back away from a plan to shift production of the Lincoln MKC, a small SUV, from Louisville to Cuautitlan, Mexico.
Trump quickly took credit for Son's commitment on Tuesday, writing on Twitter: "Masa said he would never do this had we (Trump) not won the election!"
"I just came to celebrate his new job," Son said. "I said, 'This is great, the U.S. will become great again'."
Trump plans to meet with leading tech executives next week, a group that will include venture capitalist Peter Thiel — one of Trump's few supporters in Silicon Valley — and Cisco Systems CEO Chuck Robbins. The job commitments that Trump claims to have produced are symbolically resonant. Still, the economy has generated 2.25 million new jobs in the past 12 months and many economists say that accelerating this pace may be difficult in the long run because of the aging U.S. population.
Rest here - https://www.yahoo.com/news/trump-japanese-mogul-pledges-50-billion-us-investment-214229797.html