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Friday, November 18, 2016

The latest story wrong about President Trump

Forbes magazine scoffed at Donald Trump on Thursday:
Trump Can't Make Apple's iPhone Manufacturing Come Back -- And It Wouldn't Help If He Could
From writer Tim Worstall:
One of those famed promises of Donald Trump’s is that his policies, now that he’s President-elect, will make Apple bring back their iPhone manufacturing to America. Ever so slightly an odd claim given that they never have been domestically manufactured so “back” isn’t really possible. Further, as one of my colleagues points out, it’s not really true that if tariffs are placed upon Chinese imports then the production will relocate to the U.S. Could well go somewhere even cheaper. There’s also the problem that the U.S. almost certainly doesn’t have the hinterland to be able to produce in such volumes.
Yes, what could Trump possibly know about business? He only has an MBA from Wharton and built a $10 billion global conglomerate.

Worstall's post went online at 8:01 a.m.

Two hours later, Nikkei Asian review posted:
Apple could make iPhones in US in future: sources
TAIPEI -- iPhones might one day soon carry "Made in America" labels.
Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review.
"Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.," a source said. "Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns."
Foxconn, based in the gritty, industrial Tucheng district in suburban Taipei, and its smaller Taiwanese rival churn out more than 200 million iPhones annually from their massive Chinese campuses.
Another source said that while Foxconn had been working on the request from Apple Inc., its biggest customer that accounts for more than 50% of its sales, Chairman Terry Gou had been less enthusiastic due to an inevitable rise in production costs.
Oh and there was this last night:

And this:
Sometimes the American media looks like the largest collection of the dumbest people on Earth.

They have learned nothing -- nothing -- in this election.

 @@@

"Trump the Press" skewers media experts who wrongly predicted Trump would lose the Republican nomination. I use my deadliest weapon: their own words. "Trump the Press" is available as a paperback, and on Kindle.

21 comments:

  1. And the President of Mexico said he wants to renegotiate NAFTA and discuss cooperating on a border wall. The Donald has accomplished more as President-Elect than Obama has in eight years as President. - Elric

    ReplyDelete
  2. I'd like to check the Cool box 49 more times. Don, would you think about a running tally for "Media gets it wrong on Trump AGAIN"?

    ReplyDelete
    Replies
    1. Hey, great idea for a running tally! But remind me again, what comes after "trillion?"

      Maybe we should use exponential notation to count the media errors!

      Delete
  3. Not only that (Apple), but, they were actually hedging their bets in June. Traders knew it way back.

    [ Apple Asked its Contract Manufacturer in June to Sketch Out Plans to Move iPhone Production to the U.S. http://bit.ly/2fJJ2TH ]

    ReplyDelete
  4. Hilarious post by Trump about Ford. Ford was never planning on moving or closing anything related to its Kentucky plant. So Trump just took credit for keeping open production lines at a plant that was never going to close. Before you Surbots wet your pants though, you can whine about how Ford still has plans to move its Focus production from Michigan to Mexico but remember: no jobs will be lost because the Michigan plant needs the production lines to make other, higher-profit-margin vehicles instead. Epic fail tweet.

    ReplyDelete
    Replies
    1. I know that, you know that, Trump knew that as did Ford. But Politic Leadership is the art of getting out in front of the direction the people are going.

      Delete
    2. Hey look! The trolls are back. Finally recovered from Crooked Cankles loss have you? You lost dude! BWAHAHAHAHAHAHA!

      Delete
    3. Hey, you gonna show us your shiny new diaper-pin? I heard they were silver, but knowing you guys I'll bet they are nickle-plated. Am I right? Thought so!

      Delete
  5. Trump is leaving in his wake a trail of shattered narratives. From the Twitter posts above it looks like the press is going to have to deal with something they may have never encountered, a president who moves under their radar. With Obama everything was a posture or a pose that was supposed to translate into a policy. Pivot to this, pivot to that, and things were supposed to happen according to narrative because the ostensibly most powerful man in the world (heh) was giving it attention. It may be with Trump that the major portion of his influence and accomplishments will be done quietly, without striking a pose so that focus groups can be consulted regarding the actual direction things go. Remember, this is the guy who threw out data. And he has a history of acting on things without consulting the public or the press.
    The obvious response by detractors will be that he is acting illegally. This is the same approach they took to everything Bush did. It didn't work then and it won't work now. The sacks of you-know-what are the ones who made the executive branch as strong as it is and cheered on all of Obama's crap. They can eat some of it now.

    ReplyDelete
    Replies
    1. Obama spent 8 years weaponizing the federal government only to turn it over to Trump.

      Delete
  6. Re: "Sometimes the American media looks like the largest collection of the dumbest people on Earth."

    Only sometimes? LOL. That line is gold, Don. GOLD!

    ReplyDelete
  7. http://www.bloomberg.com/news/articles/2016-11-18/trump-says-ford-called-to-say-keeping-lincoln-plant-in-kentucky

    ReplyDelete
    Replies
    1. In this article the CEO clearly states that they were planning to move the plant.

      Delete
    2. No. Ford was not moving its plant. Ford was planning ... in 2019 ... to shift its production of a single model(the Lincoln MKC) to Mexico. Had Ford done so, company and union officials both note the move still would not cost one Kentucky plant job to do so.

      Delete
    3. Doc, Anonymous *knows* these things. How?

      Shhhh... *the voices told him.* So it must be true!

      Delete
    4. I'm not going to respond to any of his lies from now on. Troll wants a platform to stand on and say he's better than everyone else. Not going to play that game any more. He's irrelevant and impotent and down deep he knows this. This is why he calls this blog a running joke. Don should ban him for good.

      Delete
    5. Lies? Everything I quoted was in that very Bloomberg article you cited. Don't worry Quack, I typed this slowly so you would comprehend. If Don bans me, then who calls out your lies?

      Delete
    6. Doc, we can't ban him. He's too entertaining. Even better than that gorilla I saw jacking off at the Washington Zoo. He blew his wad and all of a sudden a bunch of mothers were quickly ushering their children out. And the gorilla leaned back with what looked like a smile on his face. That's Anonymous. That's what he does.

      Delete
    7. OK z
      Plant: industrial production capacity.
      Move: take a thing from where it is now to a different location.
      'nuff said. And to imply otherwise is not consistent with the truth regardless of who said it.

      Delete
    8. I think this "anonymous" is known as "zachriel" over at maggie's farm.

      Delete
  8. Yes Ford moving to some production as explainbed would not cause a loss of jobs in the US, but it would not increase jobs in the US, only in Mexico. And if the 35% tariff was implemented, the vehicles may cost more than those from a new plant in the US. I have not found a comparison of a US vs Mexican vehicle's cost with the tariff. The media owes us that before they complain.

    ReplyDelete