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Thread: SC manufacturer says it's closing plant over Trump tariffs

  1. #31
    Civis americanus borealis Singularity's Avatar
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    Quote Originally Posted by roberthughey View Post
    How many jobs does that amount to?
    The point isn't quantity. The point is that each person's job matters, and them losing their job in a strong economy because of unnecessary, ineffective and quite possibly corrupt federal policy is a travesty.

    Layoffs are a fact of life, but policymakers should strive to avoid them. Instead these artificially triggered layoffs are occurring and the Trump administration shrugs.
    Thanks from OldGaffer and EnigmaO01

  2. #32
    Thought Provocateur NightSwimmer's Avatar
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    Quote Originally Posted by Singularity View Post
    The point isn't quantity. The point is that each person's job matters, and them losing their job in a strong economy because of unnecessary, ineffective and quite possibly corrupt federal policy is a travesty.

    Layoffs are a fact of life, but policymakers should strive to avoid them. Instead these artificially triggered layoffs are occurring and the Trump administration shrugs.

    When Trump shrugs, the minions shrug.

    It's sorta like the Borg.
    Thanks from EnigmaO01 and Babba

  3. #33
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    Quote Originally Posted by HayJenn View Post
    Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

    The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.


    The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
    “When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”

    Element said “the layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro,” in a letter to the state’s Department of Employment and Workforce obtained by the local paper.

    http://thehill.com/policy/finance/40...-trump-tariffs

    But, but those "Carrier" jobs he saved.

    126 jobs - gone.

    Looks like poor Fairfield just keeps getting hit hard


    Element’s announcement also comes a year after Fairfield County’s last textile mill closed, eliminating 200 more jobs.

    https://www.thestate.com/news/politi...216196580.html
    Yea , the south gave away the textile industry decades ago to foreigners. Were you upset then? I doubt it.

  4. #34
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    Quote Originally Posted by HayJenn View Post
    For now I think that is true. But it sounds like that particular county rely's heavily on manufacturing jobs. If those don't come back and people have no money to put a roof over their head or feed their kids.
    How many Americans lost their jobs decades ago to foreign countries, either dumping products, like steel or just cheap labor to manufacture? Not to mention trade barriers used against us.
    WEre you protesting then, or now because Trump will be the target of your scorn?

  5. #35
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    Quote Originally Posted by NightSwimmer View Post
    Element Electronics wasn't a "small business". They manufactured televisions.
    Much of the TV industry was wiped out many years ago.

  6. #36
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    Quote Originally Posted by NightSwimmer View Post
    It's long been typical of Republicans to offer ridiculous tax incentives to companies for locating a manufacturing facility in their states. The only thing the state gets in return is the taxes levied on the employees -- who don't get a tax incentive.

    In GOP parlance, such behavior is described as "creating a business friendly environment", just like passing laws to eliminate labor unions and environmental regulations.
    They lured in BMW to Spartanburg County and that plant is the largest BMW plant in the world.

  7. #37
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    Quote Originally Posted by HayJenn View Post
    Element Electronics, a consumer electronics company in South Carolina, says it will be closing its plant in Winnsboro due to tariffs imposed by President Trump.

    The State reported Tuesday that the company was one of the largest remaining employers in Fairfield County after the local Walmart, which used to be the largest grocery store in the county, closed its doors two years ago.


    The news also comes after plans were canceled to build two nuclear reactors in the area, terminating 5,000 construction jobs.
    “When you think you’ve reached rock bottom, to get kicked in the gut like this, you didn’t think anything more could happen,” state Sen. Mike Fanning (D) said of Element's announcement to the local paper. “Within 365 days, you just get rocked to your core.”

    Element said “the layoff and closure is a result of the new tariffs that were recently and unexpectedly imposed on many goods imported from China, including the key television components used in our assembly operations in Winnsboro,” in a letter to the state’s Department of Employment and Workforce obtained by the local paper.

    http://thehill.com/policy/finance/40...-trump-tariffs

    But, but those "Carrier" jobs he saved.

    126 jobs - gone.

    Looks like poor Fairfield just keeps getting hit hard


    Element’s announcement also comes a year after Fairfield County’s last textile mill closed, eliminating 200 more jobs.

    https://www.thestate.com/news/politi...216196580.html
    It's really hard to find an significant losses these days as Trump has ushered in a manufacturing renaissance:

    PoliZette
    New Manufacturing Jobs Coming at Hottest Annual Pace Since Reagan
    President Donald Trump promised to bring renewal to American factories, and new data suggest he's beginning to make a difference

    By Mark Tapscott | Tuesday, August 7, 2018

    ShareTweetPin ItShareEmailPrint

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