Trump: Jobs Returning ‘Because of Me’
Trump: Jobs Returning ‘Because of Me’
By Robert Farley The Wire Posted on January 21, 2017
Two days before becoming president, Donald Trump tweeted that GM, Ford, Lockheed Martin and others announced investments and job creation in the U.S. “because of me!” But industry experts and company officials say the recent moves were largely market-driven and were in the works before Trump was elected.
To be sure, CEOs at the companies Trump listed — all of whom have met personally with Trump since his election — have said they are encouraged by Trump’s promises to cut regulations and lower corporate taxes, moves they said that will allow them to grow.
But are the flurry of recent corporate announcements about investments and job creation in the U.S. symptomatic of the Trump effect? The answer is more complex than Trump’s tweets suggest. Many of the company announcements tweeted by Trump — especially those from GM and Ford — fit a years-long trend.
All that has changed, experts said, is the way the plans are being publicized.
Trump’s comment came in response to a report on NBC’s “Today Show” in which correspondent Ari Melber concluded that Trump’s impact on new investments and job creation in the U.S. announced recently by several companies has been “very small or nonexistent.”
That drew the ire of Trump, who called the network “totally biased” and failing.
READ MORE: http://www.factcheck.org/2017/01/trump-job...
By Robert Farley The Wire Posted on January 21, 2017
Two days before becoming president, Donald Trump tweeted that GM, Ford, Lockheed Martin and others announced investments and job creation in the U.S. “because of me!” But industry experts and company officials say the recent moves were largely market-driven and were in the works before Trump was elected.
To be sure, CEOs at the companies Trump listed — all of whom have met personally with Trump since his election — have said they are encouraged by Trump’s promises to cut regulations and lower corporate taxes, moves they said that will allow them to grow.
But are the flurry of recent corporate announcements about investments and job creation in the U.S. symptomatic of the Trump effect? The answer is more complex than Trump’s tweets suggest. Many of the company announcements tweeted by Trump — especially those from GM and Ford — fit a years-long trend.
All that has changed, experts said, is the way the plans are being publicized.
Trump’s comment came in response to a report on NBC’s “Today Show” in which correspondent Ari Melber concluded that Trump’s impact on new investments and job creation in the U.S. announced recently by several companies has been “very small or nonexistent.”
That drew the ire of Trump, who called the network “totally biased” and failing.
READ MORE: http://www.factcheck.org/2017/01/trump-job...
