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‘EPIC’: ‘Tons of money flowing’ into manufacturing right now
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- Опубликовано: 4 июл 2024
- Heritage Foundation economist Peter St Onge joins ‘Making Money’ to discuss how April and May economic revisions show fewer jobs were created than initially reported. #foxbusiness
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We recently opened our own business, but my husband and I worked in aerospace for 16 years, building commercial airline seats. Within the last year, they moved all the manufacturing to Mexico and now our facility is only assembly lines. It's sad to see everything go outside of the US. 50 years of a great company down the tubes. The parts that are manufactured in Mexico are garbage! Much lower quality standards and not built right. American workers have to disassemble and reassemble most of the parts, but somehow it's still cheaper this way. Fixing other people's screw ups on a daily basis is not a fulfilling job either.
So they lie about job growth, and then hope no one follows up?
Exactly.
Democrat Standard Operating Procedure:
1. Create & borrow billions of inflationary dollars.
2. “Cook the books” to pay for it with billions in future tax increases.
3. Kick-back billions to your Billionaire Donor class.
4. Create thousands of phony “make work” government jobs.
5. And secure thousands of perpetual voters to keep Democrats in office.
6. Go to lunch.
Yup. Always have. Did it ask the time under O, thought it was normal until Trump got in and every report had to be revised up
Obama was doing the same thing with manipulating jobs numbers.
😂😂😂you can’t lie about that you idiot. Get a college degree in finance or economics. You make your fellow conservatives seem like dummies.
Didn't they change the definition of recession, too
Another dog and pony show to salvage poor polling.
Poor polling for whom?
@@oliphauntsneverlie6227who else But the entire Biden regime!!!! Duh!!!
Exactly.
Democrat Standard Operating Procedure:
1. Create & borrow billions of inflationary dollars.
2. “Cook the books” to pay for it with billions in future tax increases.
3. Kick-back billions to your Billionaire Donor class.
4. Create thousands of phony “make work” government jobs.
5. And secure thousands of perpetual voters to keep Democrats in office.
6. Go to lunch.
Lookup project 2025. Trump is a fascist.
Not one infrastructure project has been built except 7 ev stations and not one semiconductor building has been built for the chips act
Your right, time for BIG BUILDS, roads, bridges, power plants, hi-rise, treatment plants, and large manufacturing all take min of 5 years from want to reality. Is the new bridge up that the cargo ship hit? I'll bet they don't even have more then a picture of a look, zero prints to build or engineering. All HOPEIUM jUST A THOUGHT FROM A 70 YR OLD UNION CARPENTER AS A LIFE JOB, ALL WEST COAST STATES. The other question can the man them at this time ?
7.5 billion to build those 7.5 billion EV stations
They are building lots of semiconductor fabs across the nation obviously you don’t know what you are talking about.
@@notanymore9471 If you did your research they were started BEFORE Glow Plug Joe was elected, Added, or enlarged, or to be completed in 2025. It was not Joe's project and your clueless to what it take with permits, to complete. 3-5 yrs to make a shovel move. Sorry 25yrs of heavy construction of building 100k to 250k sf factories, and power plants. PROJECT MANAGER.
Russian trolls lie nonstop. Plenty of those biden projects under construction. It takes time
And hundrends of billions flowing into Ukraine
Exactly, Warmon..ger J0.e just gave Ukr..aine bil..lions for 10 yrs.
FJB
John Deere Moving Jobs to Mexico-Thanks Biden
It's cheaper to manufacture in Mexico. Globalization has made things easier to lower cost and raise profits.
@@CR007-q6q yes globalization did initially help when things were running smoothly !
Not until Covid came along exposing the weakness in supply and demand !
Everyone is fighting for a piece off he pie in a very unstable world !
Nothing runs like a Deere!
Trump added 25% tariffs...... what do you think that did to prices?
And I thought trump renegotiated nafta?
Now your mower will be named Juan Deere, lol
Whose life was better 5 years ago under Trumps
Mines was I don't even feel like an American nomore now
Why did the Trump administration allow China to release covid, and ruin it?
And then he started rolling out the gravy train, even though he said never socialism.
Where do you think that 50% inflation came from?
Under then-President Trump's watch.
Mine was worst. I couldn’t get a job even tho I had the qualifications.
@@dronesarewatchingyouwhiley4587 apparently you aren't any good then
Trump added 25% tariffs...... what do you think that did to prices?
And I thought trump renegotiated nafta?
Labor cost are a big expense for companies. Globalization allows companies like manufacturers to make a bigger profit while paying lower wages. John Deere, for example, is doing smart buisness by relocating its production to Mexico. It's not good for Americans but the old ways of the economy are slowly fading away. No matter who is president.
All these government jobs so for every worker in America we have a government employee standing behind him this is so stupid and insanity
That’s welfare with an extra hop. These deadbeats with the deadbeat degrees in gender studies went to fake colleges, got fake degrees, and now got fake jobs so they do not collect welfare.
This was a FANTASTIC segment with Peter St. Onge! 👌
This was a pretty honest interview...not hiding the gimmicks and govt intervention.
Nothing is Built, nothing is Back and nothing is Better
....Harley's been exporting their manufacturing jobs for years to other countries........
so someone is pocketing all that “govt money” in a nutshell ?
we need to build other things beside war machines how about a good cheap truck?
Inflated jobs numbers has been going on for years. Every month it seems that the government releases a really good jobs report and makes a big deal about it while quietly revising the old jobs reports down.
Money we don’t have I’m sure?
Exactly.
Democrat Standard Operating Procedure:
1. Create & borrow billions of inflationary dollars.
2. “Cook the books” to pay for it with billions in future tax increases.
3. Kick-back billions to your Billionaire Donor class.
4. Create thousands of phony “make work” government jobs.
5. And secure thousands of perpetual voters to keep Democrats in office.
6. Go to lunch.
lotta lyin goin on outta this administration. imagine winning in ‘24 and inheriting this wanton mess
Hey "government". Get OUT of our lives!
This administration always has to lie to look good! So sad.
Government jobs?? You mean more fleecing of the taxpayer pockets?
News flash everyone... It's expensive to manufacture in the USA because of high wages. It's cheap to manufacture in places where labor is cheap. Any publicly traded or private equity-owned manufacturer will seek to reduce whatever cost they can. Eventually that means moving labor over the border.
You can't blame it all on labor wages. Regulations cost companies a ton of money, regulations that most other countries don't have and contribute to lower costs outside of the US. Why do you think we ship our crude oil to China to refine? Less regulations, costs less. China just blows the toxins straight into the air, while that's not allowed here in the US. That's how I know the green initiative is a scam. If they wanted a cleaner world, they wouldn't be shipping raw goods to China to process without environmental protections.
Disbelief is largely due to lack of consciousness when it doesn’t matter it being faith but I’m stupid and rarely if ever know what I’m talking about said the President 💜💜💜
Don’t forget manufacturing jobs left China because companies do not want to share there secrets
Weapon production is what they want and need.
Can/will anyone name a manufacturing job created in their state? I will go first. Ultium Cells (EV batteries) factory is under construction in Spring Hill, TN. Out in front of the former Saturn plant, now owned by GM. Don't know if it is financed by any green new deal money. Nor do I know how many jobs will be created. Just trying to start a non hateful dialog.
It's all gather around Sunday and go to church and listen to them Make us feel like we're sinners Make us feel like we're garbage.
i love this guy...
I do too! 👍
This was a FANTASTIC segment with Peter St. Onge! 👌
Yes it is because there's no manufacturing jobs in Marion county if so very little.... More government jobs than anything. Nothing for people below government middle and low class.
What did AI predict? It gets it right more often than those who manipulate the numbers to fit their narrative.
blue collar hollowed out. now ai will take white collar.
whole thing standing on shrinking, overregulated, overtaxed base. hence Young People that cannot afford a stake - a First Home.
Tons of money. Tons of jobs. A TON is 2000 lbs.
Who cares what you think Kelly ? Why would you make a statement like that ?
lol I can tell you this manufacturing is losing money not having it flow into it 😊
The market hasn't moved in 2 years
Joey's a seni-good, partly good, almost funny... comedian .
But he's supposed tuh' be serious...bummer...... dud firecracker !
He doesn't look like a "Saint Onge."
Just in time on the 11th hour huh FOX? Disgraceful of you all!
Run out of copium again? 🤣
Ugh! I thought you had good news.
if jmanufacturing was bad why new investment going up
Because the expectation is Trump is going to win the election. Trump is already repairing Biden's economic disasters.
You guys can talk about church and put the blame on Christianity after all Jesus was a carpenter he was a fisherman he was a a cook. We could teach people how to make bread We can teach people how to be a carpenter. And then they can open their own little small businesses
This guy is part of Project 2025
I like him already
Good!
Stop
😂
Talk about irony.. I worked for a manufacturer that gradually replaced almost all workers with Mexicans. A few years later, they moved the plant to Mexico. I guess the cheap labor here wasn’t low enough for the company.
Thank you Joe Biden. DT couldn't get it done.
Low IQ Statement
B.S.
Sounds like LIES.
I love to listen to Peter St Onge! He explains in so few words exactly what is important to understand!!!