Tech giant Apple will announce a new investment of $100 billion in U.S. facilities as early as today, the White House announced on Wednesday.
National Economic Council director Kevin Hassett said on FOX Business Network’s “Mornings with Maria” that companies are “moving here in droves, which is why we’ve got trillions and trillions of dollars of commitments for people to build new factories here. In fact, you’re likely to see one today from Apple.”
The White House said that the announcement will include an additional $100 billion investment by Apple, which will bring the company’s planned U.S. investments over the next four years to a new total of $600 billion.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” said White House spokesperson Taylor Rogers. “Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.”
This is a breaking news story. Please check back for updates.
Demopcrats raise taxes on Major Industry, and the Rich which drives investment of both business and the rich to overseas locations to lower costs (taxes). Trump has raised tariffs to negate that savings and now it costs more to keep the overseas manufacturing going, so business investment and the rich are returing to the US to capitalize on lower costs. The result will be more Americans will return to the work place, make more money, spend more money which stimulates the economy and creates prosparity. The ultimate result will be increased, income tax to he workers, for Federal Income Tax, increased sales tax to bolster State Sales Tax as well as the increased Income tax, allowing better maintenance of state owned and developed sites. Ecomoney will flurish until the democrats get back in office in which case they hate to see anyone making money on investmets and point fingers at the giants of industry and how much they are making. Remember they laid out billions of dollars into investing within the USA and should reap a substantial profit. What will happen next as they will want to increase taxes on industry, raw matrials, increase wages and benefits…….all pie in the sky. Then the cycle returns of industry seeing to maintain costs and they will start he cycle to move overseas again.
So the question is, do we want a proporous economy where you are making money, full filling your committments are dreams, providing your children with all they need for preparation as an adult, and saving for your retirement, or do you want to hold out and demand more from the investors and gamble on getting unemployment and welfare again.
Personally, I like the addage that a bird in hand is worth two in the bush. While I can I will earn as much as possible, invest, pay off debt, never own anyone anymore, and use the philosophy that if I cannot pay cash for it today, I should not get what ever it is today but wait. I say use credit cards but pay them off almost daily and no more than weekly in order not to pay he credit industry for their shark loans. Put their money to use, use credit cars but be disciplined and pay them off, reep their rewards of either cash or benefits, but don’t give they your money.
Amy politician who puts forth an effort to increase taxes and more restrictive regulations on industry should not be allowed to continue in office as THEY are the ones who destroy economy due to their greed and power grabs. Remember when you fall under their control, of unemployment and welfare, they CONTROL you with the premise that they can cut you off at any given time. Take your life back and ask yourself why our representatives are doing what they are doing, also how did they accumulate such wealth in such a short time, and lastly how did these people gain office as dumb as they appear to be. Its all a shell game and we can stop it by removing them and not letting them into office.