While a lot of states are turning blue, Ohio is one of the few states getting redder—but that is only because so many people are leaving. With the exception of Columbus, the cities in Ohio are suffering from an exodus due to a sluggish economy. Cleveland, Toledo, and Youngstown have been hit especially hard, and have…
Category: AutoIndustry
Ford loses $1 billion due to Trump's idiotic tariffs, plans layoffs
Donald Trump is illiterate in nearly every conceivable way, and economics is no exception. If you wanted to enact a policy that nearly every credible economist in the world thinks is a bad idea, your choices basically boil down to starting a trade war with the whole world and defaulting on our debt payments. Donald…
Donald Trump to Detroit autoworkers: you make too much money
Originally posted at Eclectablog. Donald Trump's “Let Detroit go bankrupt” moment? Donald Trump has something to say to Detroit autoworkers: you make too much money. Talking about U.S. vehicle manufacturers moving production to Mexico in an interview with The Detroit News, Trump said this: He said U.S. automakers could shift production away from Michigan to…
