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re: U.S. Steel CEO Says 10,000 Jobs To Be Brought Back… All Because Of Trump

Posted on 12/7/16 at 8:12 pm to
Posted by dewster
Chicago
Member since Aug 2006
25446 posts
Posted on 12/7/16 at 8:12 pm to
quote:

but Trump hasn't done anything yet to help US Steel.


The market reacted very positively to his election, and US Steel was among a number of huge beneficiaries. His infrastructure plan is being credited with propping up the share prices of equipment manufacturers and construction companies.
Posted by The First Cut
Member since Apr 2012
14023 posts
Posted on 12/7/16 at 8:15 pm to
His "plan" hasn't been articulated other than "we need better infrastructure, our airports are third world". Look, I'm behind Trump, but the reality is that US Steel hasn't rehired anyone yet, and the existing administrations anti-dumping actions are what has stabilized the company.
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