He called the deal the “eighth wonder of the world,” and traveled to Wisconsin to participate in a fake ground-breaking ceremony, complete with golden shovels, but now President Donald Trump is forced to do damage control after one of the biggest iPhone manufacturers, China’s Foxconn, changed its plans and announced it will not be making LCD TV screens at the Wisconsin plant.
Then-governor Scott Walker gave the $4.7 trillion manufacturing maven tax breaks worth $4.8 billion to bring a $10 billion 20-million square foot state-of-the-art flat-panel display factory, that was supposed to “create 3,000 jobs with the potential to grow to 13,000 new jobs,” according to a Foxconn press release.
But as The Guardian reported at the time, even “if 13,000 new jobs are created, Wisconsin would be paying $346,153 per job at a subsidy of $4.5bn. An astronomical sum, but nothing compared to the $1.5m per job cost if the deal ends up creating just 3,000 new positions.”
And yet, President Trump heralded this as a massive achievement, which it never was.
Now, it’s even worse than it originally was, and President Trump is scrambling to save face.
Reuters reported this week Foxconn has ditched plans to build the $10 billion manufacturing facility, and instead will operate a campus to employ “mostly engineers and researchers,” possibly with some light manufacturing. They’re now calling it an “advanced manufacturing facility as well as a hub of high technology innovation,” but being silent as to what that means or how many jobs they will be creating.
“In Wisconsin we’re not building a factory. You can’t use a factory to view our Wisconsin investment,” the special assistant to Foxconn CEO Terry Gou told Reuters.
This has become a major catastrophe for Trump’s legacy. It was supported to exemplify that he was the great deal maker he claimed, and that he could revive U.S. manufacturing, which was never possible.
Desperate for some good news and to do damage control, President Trump Friday afternoon tried to brag that he called Foxconn’s CEO, and suggested he saved the deal, which would be false. He also tweeted out a CNBC article that literally calls a new Foxconn press release “damage control.”
Great news on Foxconn in Wisconsin after my conversation with Terry Gou! https://t.co/2wtuCdl7TX
— Donald J. Trump (@realDonaldTrump) February 1, 2019
The Foxconn press release in the article does not offer any new details, does not say the manufacturing jobs are saved (they are not) or anything new – it just repackages what Reuters had reported two days earlier.
CNBC notes that Foxconn “isn’t clarifying what kind of jobs will be housed at the $10 billion plant.”
Bottom line, Foxconn is not going back to the original deal, and it appears there will not be 3000 or 13,000 new Foxconn manufacturing jobs in Wisconsin.
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‘I Know Nothing’: Trump Furiously Denies Having Anything to Do With Air Force and Mike Pence Staying at His Resorts
President Donald Trump blasted out two tweets minutes apart Monday morning, denying he had anything to do with and even any knowledge of the Air Force all of a sudden choosing to use a commercial airport just miles away from his Turnberry, Scotland resort to refuel, and subsequently staying at the luxury golf club, and his Vice President staying at his Doonbeg, Ireland luxury resort – despite having meetings 180 miles away.
“I know nothing,” Trump insisted after reports revealed a five-fold increase at overnight stays near that small Scottish airport, and a three-fold in crease in re-fueling stops there.
“NOTHING TO DO WITH ME,” the President blasted at 9:43 AM.
I know nothing about an Air Force plane landing at an airport (which I do not own and have nothing to do with) near Turnberry Resort (which I do own) in Scotland, and filling up with fuel, with the crew staying overnight at Turnberry (they have good taste!). NOTHING TO DO WITH ME
— Donald J. Trump (@realDonaldTrump) September 9, 2019
He issued a similar denial at 9:52 AM about Vice President Mike Pence’s highly-criticized stay-over at Doonbeg, which would have been a three-hour drive to his meetings literally across the country had he driven. The vice president used Air Force Two repeatedly to travel to his meetings.
“I had nothing to do with the decision of our great @VP Mike Pence to stay overnight at one of the Trump owned resorts in Doonbeg, Ireland. Mike’s family has lived in Doonbeg for many years, and he thought that during his very busy European visit, he would stop and see his family!” Trump tweeted.
I had nothing to do with the decision of our great @VP Mike Pence to stay overnight at one of the Trump owned resorts in Doonbeg, Ireland. Mike’s family has lived in Doonbeg for many years, and he thought that during his very busy European visit, he would stop and see his family!
— Donald J. Trump (@realDonaldTrump) September 9, 2019
The president neglected to mention that this use of taxpayer funds is inappropriate. Pence also said he paid Trump for the stays of his family members, which further enriched the president.
Image by The White House via Flickr
Watch: Trump Brags for 2 Minutes in ‘Commercial’ Push to Hold Next Year’s G7 at His Troubled Miami Golf Resort
For the past few days President Donald Trump has been at the annual meeting of G7 leaders, taking time to post massive tweetstorms, attacking China, and skipping critical meetings on climate change and the fires destroying the Amazon – meetings that were attended by the other six top leaders. This year’s G7 was hosted by President Emmanuel Macron in Biarritz, France.
Next year the annual meeting will be hosted by President Trump. And for months he has been pushing to hold it at his own golf resort, the failing Trump National Doral Miami, which he purchased in a bankruptcy fire sale for $150 million. Net operating at the resort is down 69% in the past two years, according to a report in The Washington Post from May.
“President Trump said Monday he was likely to hold next year’s Group of Seven summit in Doral, Fla., at his resort, meaning he would personally profit from one of the world’s most prestigious gatherings of foreign leaders,” The Washington Post just reported.
“They love the location of the hotel,” President Trump said Monday to reporters, bragging about its proximity to the airport. “We haven’t found anything that’s even close to competing with it. Really you can be there in a matter of minutes after you land.”
“People are really liking it,” he added.
Trump “went on to give a long commercial of sorts for the property, hailing its acres, separate buildings for different delegations and ‘great’ conference rooms.”
Were the 2020 G7 to be held at any of Trump’s properties he would stand to make millions, not to mention forever owning the prestige of having hosted a historic summit, which is invaluable.
Trump uses G7 to promote private Doral resort he still owns and profits from, which he says may host the G7 next year: “It’s a great place. It’s got tremendous acreage … people are really liking it … we haven’t found anything that could even come close to competing with it.” pic.twitter.com/MK2vY2inK1
— Aaron Rupar (@atrupar) August 26, 2019
‘Smug’ Trump Kicks Off 10 Day Golfing Vacation With $10 Million Mega-Donor Hamptons Fundraisers
Trump thinks “the Democrats don’t seem like a threat,” according to a former White House official.
President Donald Trump will be out of the office for the next ten days. He is going on vacation, spending the next week at his Bedminster, New Jersey golf club, as he does every August. But on his way to the Garden State Air Force One will take a detour to the Hamptons, where two billionaire real estate developers will hold separate mega-donor fundraisers that are expected to deliver $10 million in just a few hours to the Trump re-election effort. Tickets to one, now highly controversial fundraiser, held by SoulCycle, Equinox Fitness, and Miami Dolphins owner Stephen Ross start at $5600 and go up to $250,000.
The Associated Press sets the scene, noting the President is “confronting a storm of crises, at home and abroad, that could set the course for his upcoming re-election bid,” which, it should be noted, literally began the same day he was sworn in to office in 2017.
Trump’s “aides say his attention will be focused on golf, cable news and Twitter. They often worry about the scattershot outbursts,” the AP notes, “that can emerge when Trump escapes Washington and has more access to his friends and less to his staff.”
The President is clearly in trouble, and some are questioning why he’s on vacation as Speaker of the House Nancy Pelosi formally requested the President just yesterday use his constitutional authority to call the Senate back in to session to pass strong and meaningful gun violence protection legislation.
“With his poll numbers stalled and his ability to rally the country questioned, he’s being tested by an escalating trade war with China that may slow the economy, rising tensions with both Iran and North Korea and, in the aftermath of the latest mass shootings, pressure to act on guns and face accusations of his own role in fostering an environment of hate.”
In fact, he has little “ability to rally the country,” which is his own fault. The “escalating trade war with China that may slow the economy” is his own fault. The “rising tensions with both Iran and North Korea” are his own fault. And “the latest mass shootings” are in part his own fault, given his refusal to do anything about violent white supremacism, domestic terrorism, the gun crisis, and right wing extremists.
Or, as the AP says, “pressure to act on guns and face accusations of his own role in fostering an environment of hate.”
And while many across America are feeling increased stress and fear – a video this week of a car backfiring in New York City’s Times Square had hundreds running for their lives fearing yet another mass shooting – the AP says “The president himself does not seem bothered.”
“He doesn’t think he is facing any challenges. His attitude is, ‘The economy is doing great, I am putting the hammer down on China, the rest is just noise,’” said former White House communications director Anthony Scaramucci. “The media is against him, his supporters are for him and the Democrats don’t seem like a threat.”
“He’s going on vacation feeling smug.”
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