Tuesday, November 12, 2019

Why You Should Not Vote for Trump in 2020

Coal Miners

  • See those promised jobs come back?  Nope. Meantime the companies got bailouts, McConnell and the Republicans fighting the promised pension funding. Truth is those jobs will not come back, deregulation lets them use alternative and cheaper mining methods such as mountain topping which require fewer workers. And fracking and other energy sources are cheaper than coal. Workers need real healthcare and good paying jobs, not empty promises of jobs coming back. Specifically this group needs to support Paula Jean Swearengin for US Senate, Coal miners daughter fighting for YOU


  • Soybean sales tanked due to trade war to boost manufacturers. Fun Fact - not only are farmers losing sales, those sales are largely going to Brazil and a major Trump and GOP donor, the Blackstone Group.
  • Corn sales down to boost profits for oil companies.
  • Farm bankruptcies up 25% and climbing, mostly due to the Tariffs but Climate Change is a factor as well with planting season issues and a mix of flooding and droughts.

Manufacturing Companies

  • Trumps haphazard trade wars have increased your input costs and hurt your customer demand. In picking a fight with so many countries at once in his hope of seeking bilateral one on one deals he has alienated many of our allies and weakened Americas economic power,
  • For example his trade war with China would be going a lot better if it was in coordination with our allies.  Also because its one sided, China put counter tariffs on the USA and lowered tariffs from other countries. So lower demand for American products due to higher prices compared to elsewhere.

Manufacturing Workers

  • Jobs are still going overseas and the Republicans kept in a 50% tax cut for companies making plants overseas when they did tax reform.
  • Trade wars raising costs and of course that means companies cut jobs to compensate, maybe they will come back, maybe not. But in the meantime you need to pay the bills so that is no consolation.

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