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Chimichurri

(2,911 posts)
Wed Jul 4, 2018, 09:09 AM Jul 2018

Trump is about to drive America's largest nail maker out of business!

America’s largest nail manufacturer, Mid-Continent Nail, located in a Missouri county that voted 79 percent for Trump, says it is shedding hundreds of jobs and will likely have to shut down by Labor Day.

The company, which produces half the nails manufactured in the U.S., uses imported material to produce the carpentry nails, and since Trump slapped a 25 percent tariff on steel and aluminum imports, the company has had to boost its prices. When they did that, sales immediately plummeted.

The company recently laid of 60 of its 500 employees and expects to lay off another 200 in the coming weeks.

https://shareblue.com/trump-tariffs-mid-continent-nail-out-of-business/#IndependenceDay

Trump really is destroying our country and it's a full on assault from every angle. The only winner here is Vladimir Putin

21 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump is about to drive America's largest nail maker out of business! (Original Post) Chimichurri Jul 2018 OP
WINNING!!! dhol82 Jul 2018 #1
More manufacturing layoffs to come dalton99a Jul 2018 #2
And in the end... Crutchez_CuiBono Jul 2018 #3
Apparently the box company that supplies them is also laying off. Squinch Jul 2018 #4
Wasn't their owner a Trump guy? TheCowsCameHome Jul 2018 #5
"He was only supposed to screw over the Codeine Jul 2018 #6
Soon trump will be shitting on them like he has on Harley-Davidson spanone Jul 2018 #7
Half the nails made in America SonofDonald Jul 2018 #8
Yes and all for nothing. Trump starts fires then Chimichurri Jul 2018 #9
There is no goal SonofDonald Jul 2018 #10
Putin's goal is to destroy the U.S. economy. Fozzledick Jul 2018 #16
Putin's goal: undermine America to make it weaker. dixiegrrrrl Jul 2018 #21
Fox & Friends will blame the plant closing workinclasszero Jul 2018 #11
Their Sales VP said "they didn't see this coming". ooky Jul 2018 #12
How come this company isn't buying American steel and aluminum? DeminPennswoods Jul 2018 #13
Real companies aren't that patriotic. Not when it comes to their bottom line. ooky Jul 2018 #14
The USA is under the most well organized attack in the history of the country. greatlaurel Jul 2018 #15
And the dumbasses will vote republican in November! kimbutgar Jul 2018 #17
Owner voted for trump and is now begging McCaskill WhiteTara Jul 2018 #18
womp womp QC Jul 2018 #19
Trump knows what the hell he's doing. He went bankrupt only 4 times. oasis Jul 2018 #20

Squinch

(51,025 posts)
4. Apparently the box company that supplies them is also laying off.
Wed Jul 4, 2018, 09:19 AM
Jul 2018

And they're all sad and shaking their heads and saying, "But he was supposed to ruin OTHER people's lives, not MINE!!!"

SonofDonald

(2,050 posts)
8. Half the nails made in America
Wed Jul 4, 2018, 09:42 AM
Jul 2018

So now it'll be around a $100 bill for a box of sinkers.

Used to be around $60 when I banged them in.

New home prices just went up again.

Lovely

Chimichurri

(2,911 posts)
9. Yes and all for nothing. Trump starts fires then
Wed Jul 4, 2018, 10:02 AM
Jul 2018

Claims he put them out when everything has burned to the ground. I'm still trying to understand what his goal here is

dixiegrrrrl

(60,010 posts)
21. Putin's goal: undermine America to make it weaker.
Wed Jul 4, 2018, 01:31 PM
Jul 2018

blow the budget by massive debt, and massive unemployment.

You would think that at some point Republican business owners would start to wonder where their money is gonna come from.

remember there is a strong undercurrent belief that America is overpopulated. Kissinger used to harp on that all the time, he and his minions have not given up on the idea.

 

workinclasszero

(28,270 posts)
11. Fox & Friends will blame the plant closing
Wed Jul 4, 2018, 10:26 AM
Jul 2018

on Hillary’s emails and MS 13.

The whole county will vote republican again because, blacks, mexicans and liberuls. MAGA yippee.

Sorry I’m a little cynical today.

ooky

(8,930 posts)
12. Their Sales VP said "they didn't see this coming".
Wed Jul 4, 2018, 10:36 AM
Jul 2018

I guess that explains why he thought it was okay to vote for someone who had a rich history of fraud who was lying his ass off. Fuck him. He IS the problem. He, and his GREED. He and his workers who voted for this stinking pile of excrement are getting what they deserve. Now all these assholes who "didn't want to pay for someone else's health insurance" can start shopping for their own health insurance in the same overpriced market their votes have sustained, without a job to pay for it. While they are reveling in poor migrant families they wanted destroyed at the Mexican border they can experience their own life die at the same time.

DeminPennswoods

(15,290 posts)
13. How come this company isn't buying American steel and aluminum?
Wed Jul 4, 2018, 10:40 AM
Jul 2018

There still are some steel and aluminum mills here. That was supposed to be the goal, right? Drive companies to buy from other American companies. Guess that's not exactly how it will work out.

ooky

(8,930 posts)
14. Real companies aren't that patriotic. Not when it comes to their bottom line.
Wed Jul 4, 2018, 10:51 AM
Jul 2018

There is a reason they supply half the nails in the U.S. In the corporate manufacturing world, we call it "Low Cost Country" sourcing. Also known as LCC sourcing. And most supply chain executives have "LCC sourcing" at or near the top of their performance goals and objectives.

greatlaurel

(2,004 posts)
15. The USA is under the most well organized attack in the history of the country.
Wed Jul 4, 2018, 10:52 AM
Jul 2018

A large number of American-born plutocrats have joined forces to destroy the USA. The propaganda from the NRA, whether funded by a foreign power or internally, has been effectively used to destabilize the country and kill 33,000 people every year in the US, with 13,000 being homicide deaths. If a foreign power was killed 30,000 Americans, military action would be justified and taken. There are 200 non-fatal injuries per day in the USA.

The combination of propaganda to make American citizens fearful of people of color and immigrants combined has been extremely effective in destabilizing the USA internally, as well.

These forces are combining to weaken the rule of law in the USA in order to enrich and empower a very few plutocrats and sociopaths. It just goes to show how ignorant most people are of the strength of marketing and manipulation which can destroy a country without firing a shot.

The destruction by Trump of the economy is well under way. The tariffs are designed to destroy the American economy. Mid-Continent Nail may be the first victim of this designed destruction of the American economy, but they will not be the last. The agriculture sector is going to be taking a huge hit this harvest season. Perhaps the Chinese will come in and buy up all the farmland once the farmers are forced to sell their lands when they cannot sell their crops for enough money to pay to plant the crops. This is going to get really bad really fast. I see no way to stop this at this point. I just hope we can survive and put the perpetrators in jail.

kimbutgar

(21,215 posts)
17. And the dumbasses will vote republican in November!
Wed Jul 4, 2018, 11:12 AM
Jul 2018

I don’t see how they can pin this on the Democratic party or President Obama. It will be quite a stretch.

WhiteTara

(29,728 posts)
18. Owner voted for trump and is now begging McCaskill
Wed Jul 4, 2018, 12:59 PM
Jul 2018

to save him. I have had to suppress the urge to call him and say "wimp womp"

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