Quote:
Originally Posted by Rochard
Mid Continent Nail Factory, one of the country's largest manufacturers of nails, has seen a 50% drop in orders since June 1st. This is because of the tariffs against Mexico Trump announced, and the Mid Continent Nail Factory gets it's material from (you guessed it) Mexico.
Since 2012 the company had doubled it's workforce. Over 60 employees were laid off, and the other 500 jobs are at risk. The economy is booming - thanks Obama - but this company is going to go out of business.
But it doesn't stop there. It steamrolls. SEMO Boxing - which provides the boxes to Mid Continent Nail Factory - has seen a huge drop in orders for boxes, and now they have laid off people. You can bet local transportation companies have seen a hit too, as well as local restaurants - you can't eat out if you are laid off.
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If the road of too many layoffs continues it will eventually become a severe problem for Trump and America. That's how open minded and honest I can be.