Prevent American companies from moving jobs to other countries.
.. Mr. Trump has promised tax cuts and regulatory relief, but those are minor expenses for most companies, particularly in comparison to their payrolls. Mr. Trump also has threatened to impose new taxes on imports, but he cannot target particular companies. Any such tariffs would have to be broad — and therefore broadly painful.
Revive American steel-making and coal-mining industries.
The productivity of the American coal industry has increased roughly tenfold since the end of World War II. The work that once required 10 miners now requires just one. Steel making has undergone a similar transformation. That is by far the most important reason employment in both industries has declined precipitously. Most of those jobs are never coming back.
Invest in infrastructure to create jobs.
The result is that annual economic growth has averaged 2.1 percent in the six full years since the last recession
Increase American economic growth to more than 4 percent a year.
Some Democrats will resist Mr. Trump’s proposal to offer tax breaks to private companies in return for infrastructure investments, notably because the federal government is able to borrow money at exceptionally low rates.
Build a border wall.
Fences already exist along hundreds of miles of the border. Mexico has said it will not pay for a wall. And even if it did, Mr. Trump would probably need approval from Congress to spend money. Mr. Trump could do much to beef up border security on his own. Congress would support increased border security and the installation of more fencing, but construction of a wall would meet resistance from both parties.
In West Virginia coal country, voters are ‘thrilled’ about Donald Trump
Before the price of coal collapsed, before the number of working miners in the state fell to a 100-year low of 15,000, miners could make $60,000, even $75,000 a year, without a high school education. Walmart money doesn’t come close.
.. Winans, 85, lost one son in the mine and another on a gas drilling rig. Her husband died of black lung disease after a life in the mines. Eighteen years later, Winans still hasn’t remarried because marriage would end her black lung benefits.
“The government makes you live in sin,” she said. She’s lived with a man for years, always feeling a bit guilty about it, “but I’m not giving up that money for a piece of paper that says ‘I do.’ ”.. Despite the tragedies that have marked her life, Winans prays for the return of coal, and she says Trump will make it happen.“I like the way he talks — straight,” she said, “not like that Hillary [Clinton], the way she got up there and shook her finger and said she’d shut every mine down. What would that do to West Virginia?”.. Trump’s appeal here is stylistic as well as policy-driven ..
It’s about coal, but also about being ornery and oppositional.
“Trump was just what people here have always been — skeptical of government, almost libertarian,” He’s going to undo the damage to the coal industry and bring back the jobs, and all of our kids down there in North Carolina are going to come home.”
.. “The whole history of West Virginia is exploitation by outside influences,” he said. “Now the guy 80 percent of us voted for turns around and nominates one of the least favorite names in Upshur County. If he brings in more billionaires and Mitt Romney is secretary of state, people will say, ‘Well, wait a minute now.’
.. he wonders if the selection of Ross means Trump might not really be a friend to miners.
.. “It’s your parents’ and your grandparents’ and your life,” he said. “You just accept the risk, just like driving an automobile or playing football. You have to live. And my uncle, like me, loved it more than anything. If you have a curious mind or any interest in geology
.. “I guess I really want to believe it’s really going to be different,”
Donald Trump Promises to Usher In New ‘Industrial Revolution’ in Ohio Rally
President-elect vows sweeping changes to trade policy, national security, infrastructure, military spending and immigration
President-elect Donald Trump on Thursday said his administration would usher in a new “Industrial Revolution,” one of numerous promises he made in Cincinnati as he began a nationwide “Thank You” tour following his Nov. 8 election… During his speech, he stuck to many of his campaign promises. He said a wall would be built along the U.S.-Mexico border. He said his administration would “repeal and replace” the Affordable Care Act. He said the Trump administration would seek plans and deals that benefited Americans first and not get duped into deals with other countries.
“There is no global anthem, no global currency,” he said. “We pledge allegiance to one flag, and that flag is the American flag.”
—He said he would rebuild urban areas that are blighted with crime, and said he would make the murder rate fall by changes to law enforcement policies.
—He said “we will finally end illegal immigration” and “dismantle the criminal cartels, and liberate our communities from the epidemic of gang violence and drugs pouring into our nation.”
—On the economy, he said “we can reverse the stagnation and usher in a period of true opportunity and growth.”
.. “People are constantly telling me and telling you to reduce our expectations,” he said. “Those people are fools. They’re fools.”
Deal for Carrier to Keep U.S. Plant Open May Hinge on Tax Overhaul
Talks include the conglomerate’s plans to shift more than 2,000 jobs from Indiana to Mexico
The incoming president’s goal is to show that he can keep some of his boldest campaign promises, and the CEO needs to keep peace with the federal government, a critical customer for products like its jet fighter engines. Military sales account for roughly 10% of the company’s $56 billion annual total, the company says.
United Technologies, like other globalized U.S. companies, also has large reserves of cash overseas—profits that corporations are waiting to repatriate to the U.S. until Congress cuts the level of tax they would pay. The company reported that 85% of its total cash, or more than $6 billion, was overseas, as of the end of 2015.
.. Democratic Sen. Bernie Sanders said Saturday that Mr. Trump must make it clear that if United Technologies “wants to receive another defense contract from the taxpayers of this country, it must not move these plants to Mexico.”
.. The company is the sole provider of jet engines for the F-35 Joint Strike Fighter.