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He paraded the CEO's of Walmart, CVS, Walgreens and Target out like prized mules and everyone talked heavily of the new Public/Private partnership that was need
by nickthegreek 7y ago
He paraded the CEO's of Walmart, CVS, Walgreens and Target out like prized mules and everyone talked heavily of the new Public/Private partnership that was needed to solve this issue.... I wish I was kidding.
- allovernow 7y agoWhat exactly is the problem with turning toward corporate America to help solve this problem? Isn't that the ultimate stimulus? Is the potential of returned manufacturing jobs not a hugely good thing? Or are we not allowed to give credit for anything because Trump?
- davidw 7y agoWhat will they actually be doing that got the market all excited?
- dlp211 7y ago> Is the potential of returned manufacturing jobs not a hugely good thing? I do not know where you got the idea that this is happening.
- allovernow 7y agoHello? The entire country just recognized the folly of outsourcing literally everything to a single third world country. If Trump isn't a total idiot (though I know many of you believe he is) this is his opportunity to return manufacturing jobs to the US, possibly under subsidy, at the very least as a national security concern. This rampant tribalism is insane. Literally nothing the administration does now will see any credit from it's opponents. Take off the partisan blinders. Even shitty leaders can make good decisions, and deserve credit for doing so.
- munk-a 7y agoWhen Trump does good things I have given and will continue to give him credit. He's burned all the good will in existence though so let's see if he actually does help fund manufacturing before giving him any credit. So far he's been moving in the opposite direction though with an emphasis on overall company welfare at the expense of employees - there have been no proposals around preventing people from losing their jobs due to needing to self-isolate and no effort to make treatment federally subsidized (testing is probably free if you're not one of the millions of people without insurance, but even here the details are hazy).
- allovernow 7y ago>an emphasis on overall company welfare at the expense of employees - there have been no proposals around preventing people from losing their jobs due to Do you think these companies will continue to exist if they fire all the employees who get sick from the virus? Do you think these employees will survive without their paychecks? Do you believe that anything benefiting "corporations" goes directly into the pocket of evil 1% CEOs and confers no benefit to employees? You probably work for a corporation. Corporate well-being is employee wellbeing because corporations are staffed by people.
- dlp211 7y agoWhat did he do that will bring back manufacturing? Michigan, Ohio, and Pennsylvania are in a manufacturing recession. It turns out that tariffs don't work to protect our manufacturing jobs when we look at the aggregate. Also, the US manufactures more stuff than any other time in its history, it just does it with less labor than it needed in the 80's. Even if manufacturing came back, it would not be some job boon. Products would become more expensive for the same quality that we get from China. The people employed would be higher skilled and likely need to come in on visa's because we already have a skilled labor shortage in America. Hell, our U3 unemployment rate is like 3.8% the last time I checked*. America's problem is our intransigence to help one another move to where jobs are, and to get educated in the skills needed to fill those jobs. And I'm not talking about programming jobs here.
- allovernow 7y ago>What did he do that will bring back manufacturing? Michigan, Ohio, and Pennsylvania are in a manufacturing recession. Please remove your Orange Man Bad blinders for a minute and listen to what I'm saying. I'm not saying he's done anything for manufacturing to date. I'm saying that this coronavirus now has exposed the weakness of offshoring a substantial proportion of critical manufacturing and it's an excellent opportunity to bring back much of the capacity that is still disrupted in China. That's also why I said under subsidy. Because manufacturing here is more expensive but it looks like a national security problem if during calamity or war we have to depend on a nation on the other side of the world for things like semiconductors, medical equipment, and medicine. Based on the way the word is being thrown around recently, think of it as "socialism."
- dlp211 7y agoNo it hasn't. China is already returning to work. America is just starting to deal with COVID19. We would literally be shutting down manufacturing right now. The fact that we have these worldwide supply chains makes us more resilient to these pandemic like shocks because they take time to spread across the globe.
- 7y ago
- byproxy 7y agoImagine if Trump supporters knew this is what the beginning of socialism looks like.
- mantas 7y agoHistorically beginning of socialism looks totally differently.
- munk-a 7y agoI mean, technically, since usually a pandemic isn't the instigating factor, but maybe your statement would carry more weight if you actually described the contrast you're implying.
- mantas 7y agoContrast is that every socialist country so far was started by a more or less bloody revolution. Not by public-private partnership.
- allovernow 7y agoWhat? Socialization would see the government forcibly taking control of these corporations. This is nothing like socialism. This is legitimately the kind of stimulus that the economy has needed for decades. A true cause for the American powerhouse to rally behind, if there's anything left of it. Yeah the administration has been less than ideal in handling this but you people need to give credit where it is due. This will be a true test of the viability of the declining American Empire.
- avocado4 7y agoWhat's wrong with having a public / private partnership?
- dlp211 7y agoNothing IMO. Parading out 15 Executives to give them each 30 seconds at the podium in order to praise dear leader on the other hand looks pathetic though.
- nickthegreek 7y agoNothing, but I didn't tune into the President announcing a National Emergency to have him call up the CEO's of these companies, SHAKE ALL THEIR HANDS and let them speak like an infomercial. I was hoping there would be talk about how they would be protecting the vulnerable and what people should be doing.
- whycombagator 7y ago> SHAKE ALL THEIR HANDS Nit, but he only shook a couple. Certainly, the majority did not receive handshakes
- nickthegreek 7y agoI apologize for the rhetoric. It was 7 handshakes.
- whycombagator 7y agoRewatching the stream, I count 4 [0]. [0] https://www.youtube.com/watch?v=cqbHVBL-HCc https://www.youtube.com/watch?v=cqbHVBL-HCc
- elliekelly 7y agoThe "partnership" is some donated parking spaces.
- munk-a 7y ago
- mads 7y agoI was surprised there was no Brawndo representative.
- stOneskull 7y agoNow they all have Coronu