Comments by "" (@TheDavidlloydjones) on "CNBC"
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Naked Dave,
It's a Japanese company, and still largely run by the very competent Toyoda, with a D, family. On the other hand, they learned a good deal of their business from two Americans, Henry Ford and most importantly W. Edwards Deming. (Google him. Everybody!) America gets it right sometimes.
America forgot Deming from maybe 1945 to 1990, a crucial generation, and is only getting back in the game now. If it wasn't for all the immigrant brains, American industry would be totally, like really totally, down the drain instead of just badly wounded.
Things are not as bad now as they were in the double-dip recession of 1991, and the rationality of the Obama years has helped America a lot.
What happens next with this ignorant burbling dumbnutz in the White House, nobody knows.
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Trump goes to war -- against Boeing, against FORD and GM, against everybody who uses steel.
Worse, with his withdrawal from the Trans-Pacific Partnership he goes to war against the industries in which America is strongest, Silicon Valley, Big Pharma, Hollywood, the whole information- and research-based 30 or 40 percent of the economy. All of these sectors, companies, investors and workers depend upon patents, copyrights, and the rule of law and respect for negotiation.
TPP protected these, and with a strong -pro-US bias. Trump is undermining them all.
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