Ford announced it is building a manufacturing plant in Mexico. The stock market is in the tank.
Russia is about to enter the race to sell commercial aircraft to the rest of the world, likely starting with Iran, even though Iran has already placed new orders with Airbus with the $150 Billion we released to them as part of the Nuclear deal.
Meanwhile, the drug companies are doing reverse mergers to take advantage of corporations located in countries with low tax rates.
The commerce department has issued a report that we have a job skills gap-- plenty of jobs, but insufficient skilled Americans to take the job. American corporations have $billion in foreign banks, but will not bring it home because our tax rates are too high.
And with all this, the federal reserve is teasing us that they are ready to raise interest rates, presumably because they wish to cool down this hot American economy.
As near as I can tell, only Trump has stepped forward and claimed that if he were president, he would find a creative way to keep Ford manufacturing in America and lower taxes so American corporations would be motivated to bring their money home to America and invest it here. The rest of the POTUS candidates are drowning in an ocean of rhetoric regarding building the economy. It is a tactical problem not a strategic one.
I hope Trump wins in New Hampshire.
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