Trump says SoftBank to invest $50B in US, hopes to create 50,000 jobs

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  • Reply 21 of 52
    spice-boyspice-boy Posts: 1,455member

    I'm guessing that their use of the wording "hoping to create 50,000 jobs" should be taken as, we're going to buy T-Mobile for $50b, and hope that we can create 50,000 jobs (total amount of combined company, not new jobs), but if we have to let 20,000 people go instead, due to redundancies, then so be it... Oh, and let's make America great again, by having yet another US company get acquired by a foreign company, because that will help make America great again.
    You do realize T-Mobile isn't an American company right? 
    Did you ever hear that monopolies are bad for everyone except those running them? 
    doozydozenration aljustadcomics
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  • Reply 22 of 52
    rob53rob53 Posts: 3,382member
    Interesting thing is Trump can't speak for anything in the US except for his own companies. He's not the President until he's sworn in and, therefore, is not allowed to conduct business transactions as if he were. The President also can't make "deals" with private or public companies. Actually the President is very limited to what he can actually do, it's up to Congress to do things and the President signs or vetoes them. Trump needs to understand he can't preside over the USA as if he's a CEO. Maybe it's time he took a civics class to learn exactly what the President can and can't do. 

    What really gripes me is all the foreign investment in the US while Trump thinks he has the power to force private and public companies to bring manufacturing (back) to the US. He doesn't have the power to do this. Of course, all Trump cares about is making money for himself and his fellow 1%'s. He doesn't care one bit about all those people who elected him, at least now that the elections are over. He'll take money from whomever he can swindle it from (historical events back this statement up).
    spice-boydoozydozenbadmonkration aljustadcomicssingularityradster360taniwha
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  • Reply 23 of 52
    spice-boyspice-boy Posts: 1,455member
    rob53 said:
    Interesting thing is Trump can't speak for anything in the US except for his own companies. He's not the President until he's sworn in and, therefore, is not allowed to conduct business transactions as if he were. The President also can't make "deals" with private or public companies. Actually the President is very limited to what he can actually do, it's up to Congress to do things and the President signs or vetoes them. Trump needs to understand he can't preside over the USA as if he's a CEO. Maybe it's time he took a civics class to learn exactly what the President can and can't do. 

    What really gripes me is all the foreign investment in the US while Trump thinks he has the power to force private and public companies to bring manufacturing (back) to the US. He doesn't have the power to do this. Of course, all Trump cares about is making money for himself and his fellow 1%'s. He doesn't care one bit about all those people who elected him, at least now that the elections are over. He'll take money from whomever he can swindle it from (historical events back this statement up).
    Of course you are absolutely correct but telling the Trump Cult what the law actually is and what the legal limitations of the US Presidency are will not be understood or heard. Thanks for your comment. 
    badmonkMacsplosionjustadcomicssingularityradster360taniwha
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  • Reply 24 of 52
    dewme said:
    Any permanent, full-time, full-benefits, tax-paying, income above the poverty line new jobs that get currently unemployed or underemployed Americans back to work is a great thing. Hoo rah. As with everything being presented through the Twitter Based Narrative (TBN) preferred by the new regime we have to take it upon ourselves as a Thinking American to dig a little deeper into the details of these presentations to understand the legitimacy and real world impact of the story being presented.

    The 50,000 jobs number sounds huge in the Twitterverse but keep in mind that Target alone hired over 77,000 additional workers this holiday season, Amazon 120,000, and retail overall more than 680,000. With these kinds of numbers you'd expect that you'd no longer know anyone at all on your street or in your circle of friends without a job this holiday season. Surprisingly, this is not the case. The reality is that the US workforce and GDP is massive and while the small wins through direct hands-on attention of a chief executive are great for Twitter attention and ego enhancement it's the macroeconomic policies that the chief executive can push that have real meaningful and long term value to the larger economy. Anyone who thinks that these marquee self-congratualory tweet based actions come anywhere close to the 4.5 million jobs that were created during Obama's administration - while coming out of a heinous recession no less, are living on another planet or in Delusionville, WA. But yeah, compared to President Clinton, Obama's numbers are not impressive, but to imply that Obama didn't have a huge positive impact on jobs is disingenuous. Trump will now have his chance and we'll see ho well he really does on the big stage of reality. I hope he does exceedingly well.

    We'll just have to see how this all plays out at the macroeconomic level over the coming years. While many Americans despise the president-elect and his followers it is now in every Americans current and future best interest that his presidential term be successful for all Americans whether we like him or hate him. If he sinks the whole damn ship we're all going down with it and echoes of "I told you so" will ring hollow as your last breath leaves your water filled lungs. The best thing we all can all do as Americans is to do the very best at what we can personally control and influence, be true to our word, do our jobs, take personal responsibility for our actions, and make sure you have your own lifejacket close at hand. Whether the next administration is filled with geniuses or festooned with idiots doesn't absolve any of us from personal responsibility, seeking the truth, and thinking for ourselves. 
    Dewme hit it on the head! I, personally didn't vote for President-Elect Trump, can't stand him as a person or a leader, but he is now my President-Elect Trump. The Ship sinks or floats on His and the Cabal Congress success going forward. 

    I only hope that he is held to a standard fitting. For example, the Washington DC Post Office. The GSA should by contract, break their lease with the Trump Organization and return to them the approx. $400 M they spent remodeling. This for me, is a minimum, I as an American need for the present Government and the incoming Administration, to get off on the right track. Meaning, no impeachment. Of course we know that the Cabal Congress will never abide such a thing!
    ration al
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  • Reply 25 of 52
    rob53 said:
    Interesting thing is Trump can't speak for anything in the US except for his own companies. He's not the President until he's sworn in and, therefore, is not allowed to conduct business transactions as if he were. The President also can't make "deals" with private or public companies. Actually the President is very limited to what he can actually do, it's up to Congress to do things and the President signs or vetoes them. Trump needs to understand he can't preside over the USA as if he's a CEO. Maybe it's time he took a civics class to learn exactly what the President can and can't do. 

    What really gripes me is all the foreign investment in the US while Trump thinks he has the power to force private and public companies to bring manufacturing (back) to the US. He doesn't have the power to do this. Of course, all Trump cares about is making money for himself and his fellow 1%'s. He doesn't care one bit about all those people who elected him, at least now that the elections are over. He'll take money from whomever he can swindle it from (historical events back this statement up).
    Civics class? The same could be said for Obama after all his illegal executive orders. 
    apple ][pulseimages[Deleted User]
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  • Reply 26 of 52
    chasmchasm Posts: 3,780member
    Exactly.. that move got criticized, rightly so, as cronyism. What Mike Pence did was give $700 million of Indiana Tax payer money to Carrier to keep only a fraction of it's jobs here. We're PAYING companies to stay? how is that not backwards?
    I must correct you on one detail of the above: it was $7 million (this year ...), not $700 million. Otherwise, your grasp of the carrier "deal" is correct. With Mr. Trump, the news is always broadly good ... but the devil is in the details, and those never quite seem to work out as previously announced ...
    liquidmark
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  • Reply 27 of 52
    chasm said:
    Exactly.. that move got criticized, rightly so, as cronyism. What Mike Pence did was give $700 million of Indiana Tax payer money to Carrier to keep only a fraction of it's jobs here. We're PAYING companies to stay? how is that not backwards?
    I must correct you on one detail of the above: it was $7 million (this year ...), not $700 million. Otherwise, your grasp of the carrier "deal" is correct. With Mr. Trump, the news is always broadly good ... but the devil is in the details, and those never quite seem to work out as previously announced ...
    There's also a complete loss of perspective on this deal. The deal is between the state of Indiana and Carrier, not the Federal government. Trump can claim victory since it was negotiated on his behalf between Pence and Carrier.
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  • Reply 28 of 52
    Boltsfan17

    President Obama was in the hold of the Republican led/obstructed Congress. Yes, he stretched the use case for the Executive Order, but left with no other way to govern/act he worked with that Power judiciously. IMO
    freerangejustadcomicstaniwha
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  • Reply 29 of 52
    apple ][apple ][ Posts: 9,233member
    Boltsfan17

    President Obama was in the hold of the Republican led/obstructed Congress. Yes, he stretched the use case for the Executive Order, but left with no other way to govern/act he worked with that Power judiciously. IMO
    All that crap with his pen and his phone.

    How did that work out for him? B)

    It will take about two minutes to undo his entire past illegal acts and his legacy will be reduced to garbage and that is so wonderful! I can hardly wait! :#
    chris_cagtrpulseimages[Deleted User]
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  • Reply 30 of 52
    Anything that he has done illegally or against the general interest of the United States, I would expect and support overturning. However, upon reflection, cooler and wiser heads may decide that many of his Executive Orders were appropriate and of value, and will determine to codify them. Not likely, but...    m u s t    r e m a i n   h o p e f u l
    justadcomics
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  • Reply 31 of 52
    dewme said:
    Any permanent, full-time, full-benefits, tax-paying, income above the poverty line new jobs that get currently unemployed or underemployed Americans back to work is a great thing. Hoo rah. As with everything being presented through the Twitter Based Narrative (TBN) preferred by the new regime we have to take it upon ourselves as a Thinking American to dig a little deeper into the details of these presentations to understand the legitimacy and real world impact of the story being presented.

    The 50,000 jobs number sounds huge in the Twitterverse but keep in mind that Target alone hired over 77,000 additional workers this holiday season, Amazon 120,000, and retail overall more than 680,000. With these kinds of numbers you'd expect that you'd no longer know anyone at all on your street or in your circle of friends without a job this holiday season. Surprisingly, this is not the case. The reality is that the US workforce and GDP is massive and while the small wins through direct hands-on attention of a chief executive are great for Twitter attention and ego enhancement it's the macroeconomic policies that the chief executive can push that have real meaningful and long term value to the larger economy. Anyone who thinks that these marquee self-congratualory tweet based actions come anywhere close to the 4.5 million jobs that were created during Obama's administration - while coming out of a heinous recession no less, are living on another planet or in Delusionville, WA. But yeah, compared to President Clinton, Obama's numbers are not impressive, but to imply that Obama didn't have a huge positive impact on jobs is disingenuous. Trump will now have his chance and we'll see ho well he really does on the big stage of reality. I hope he does exceedingly well.

    We'll just have to see how this all plays out at the macroeconomic level over the coming years. While many Americans despise the president-elect and his followers it is now in every Americans current and future best interest that his presidential term be successful for all Americans whether we like him or hate him. If he sinks the whole damn ship we're all going down with it and echoes of "I told you so" will ring hollow as your last breath leaves your water filled lungs. The best thing we all can all do as Americans is to do the very best at what we can personally control and influence, be true to our word, do our jobs, take personal responsibility for our actions, and make sure you have your own lifejacket close at hand. Whether the next administration is filled with geniuses or festooned with idiots doesn't absolve any of us from personal responsibility, seeking the truth, and thinking for ourselves. 
    Dewme hit it on the head! I, personally didn't vote for President-Elect Trump, can't stand him as a person or a leader, but he is now my President-Elect Trump. The Ship sinks or floats on His and the Cabal Congress success going forward. 

    I only hope that he is held to a standard fitting. For example, the Washington DC Post Office. The GSA should by contract, break their lease with the Trump Organization and return to them the approx. $400 M they spent remodeling. This for me, is a minimum, I as an American need for the present Government and the incoming Administration, to get off on the right track. Meaning, no impeachment. Of course we know that the Cabal Congress will never abide such a thing!

    From what I've read/heard, Trump has sold all his stock holdings.  Also, he has said he will announce, on Dec 15, what he will do to distance himself from his business empire. I suspect this will require a blind trust administered by outsiders.

    In that case it would likely satisfy most conflict of interest issues, including the DC Trump Hotel nee Post Office.

    My personal opinion:

    Trump was not my first choice for POTUS, and, apparently not the choice of many here...

    He does bring a different and interesting perspective to US Government -- that could rattle the cage and have some positive impact.

    He's not the Big Daddy * that many wanted, but he is our Big Daddy for the next four years!  We owe him the chance to succeed and our attention that he does so in an ethical and humanitarian way!

    * apologies to Burl Ives in the movie Cat on a hot tin roof


    gtrpulseimages
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  • Reply 32 of 52
    Dick applebaum,
    you are so right.

    The Post Office contract is the stickler in my estimation. I am good with OUR new President-Elect. He won, he is ours to keep for the interim.  But, Without his good intention, to follow the Constitution regarding Emoulents clause, and given the wording specifically of the GSA DC Post Office contract, he will not have attained that minimum bar. A blind trust will not fulfill that particular legal responsibility. On the other hand, by following that legal guidance properly he will have gained a great deal of respect even from the majority who did not vote for him. I am rooting for President-Elect Trump, I am for this Country.
    pulseimages
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  • Reply 33 of 52
    sdw2001 said:
    Wow, a million dollars per job, that's like 100 grand a year salary for ten years.  I'm not a bit skeptical.

    Yes, your sarcasm--and skepticism of politicians is warranted.  But Trump has already shown he's going to do what he says.  He's accomplished more in 1 month as PEOTUS than Obama has in 8 years actually being in office.  Trump's message is that the US is open for business.  He's going to have businesses and capital fighting to get here.  Just watch.  
    You need to stop drinking those martinis and get to rehab. They've rotted your brain. Trump hasn't done doodley squat except tweet lie after lie. Made up "facts" do not equal truth or action.
    justadcomicstaniwha
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  • Reply 34 of 52
    gtrgtr Posts: 3,231member
    apple ][ said:
    Way to go!

    That's what happens when there is a doer in charge, and not a golfer!

    This is just the beginning!

    The greatness has already begun!



    Eleven people don't like the fact that you mentioned that things are improving.

    F*ck these eleven traitors to the country.

    Put your personal politics aside and appreciate what is good for the nation.
    edited December 2016
    SpamSandwichpulseimagesapple ][[Deleted User]
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  • Reply 35 of 52
    gtr said:
    apple ][ said:
    Way to go!

    That's what happens when there is a doer in charge, and not a golfer!

    This is just the beginning!

    The greatness has already begun!



    Eleven people don't like the fact that you mentioned that things are improving.

    F*ck these eleven traitors to the country.

    Put your personal politics aside and appreciate what is good for the nation.





    Announced October 14th 2016, up to $100 Billion, and Trump fails to mention SAUDI ARABIA involved...
    http://www.wsj.com/articles/softbank-group-launches-investment-fund-1476398189
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  • Reply 36 of 52
    apple ][ said:
    Way to go!

    That's what happens when there is a doer in charge, and not a golfer!

    This is just the beginning! 

    The greatness has already begun!
    Uh, Obama creates over 200,000 jobs per month bro

    also, keep in mind that trump loves golf.
    edited December 2016
    blastdoorjustadcomicssingularitytaniwha
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  • Reply 37 of 52
    gtr said:
    apple ][ said:
    Way to go!

    That's what happens when there is a doer in charge, and not a golfer!

    This is just the beginning!

    The greatness has already begun!



    Eleven people don't like the fact that you mentioned that things are improving.

    F*ck these eleven traitors to the country.

    Put your personal politics aside and appreciate what is good for the nation.
    Things have been improving greatly over the last eight years but Donald made a point of poo poo'ing all of that during his campaign. I didn't downvote his comment, but perhaps I should. 

    We'll to see how this works out. But keep in mind that you shouldn't celebrate Trump 'deals' until they've been finalized and you're in the clear. 
    taniwha
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  • Reply 38 of 52
    apple ][ said:
    Way to go!

    That's what happens when there is a doer in charge, and not a golfer!

    This is just the beginning! 

    The greatness has already begun!
    Uh, Obama creates over 200,000 jobs per month bro

    also, keep in mind that trump loves golf.
    How did Obama allegedly "create" these jobs?
    pulseimagesapple ][gtr
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  • Reply 39 of 52
    freerange said:

    And to think, as Trump claims, that the investment would not have been made had he not won the election is just typical Trump BS. SoftBank already raised this money with a clear intention in mind.

    Can you imagine the kind of deal Trump would be willing to make if he believes that he's the reason this is happening?   Stroke his ego a bit and the keys to the castle are yours!
    liquidmark
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  • Reply 40 of 52
    dysamoriadysamoria Posts: 3,430member
    sdw2001 said:
    Wow, a million dollars per job, that's like 100 grand a year salary for ten years.  I'm not a bit skeptical.

    Yes, your sarcasm--and skepticism of politicians is warranted.  But Trump has already shown he's going to do what he says.  He's accomplished more in 1 month as PEOTUS than Obama has in 8 years actually being in office.  Trump's message is that the US is open for business.  He's going to have businesses and capital fighting to get here.  Just watch.  
    So, here's the proof I was looking for that Trump voters would be entirely unable to witness Trump proving his lies to be lies. Or that they support the absolute rotten scum Trump is planning to put in power as he "drains the swamp" (and fills it with sewage). 

    What Trump has "accomplished" is setting the stage for worse fascism than the USA has had thus far. And you celebrate.
    taniwha
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