US Steel CEO: Could Rehire 10,000, Trump Victory Bringing ‘Environment of Positive Optimism’

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Pudfark

US Steel CEO: Could Rehire 10,000, Trump Victory Bringing ‘Environment of Positive Optimism’

Post by Pudfark »

Wednesday on CNBC’s “Power Lunch,” the CEO of U.S. Steel Mario Longhi said after the election of Donald Trump, he has “felt an environment of positive optimism where forces are converging to provide for a better environment,” which he hopes means he can rehire up to 10,000 employees.

Longhi said, “I have not felt an environment of positive optimism where forces are converging to provide for a better environment in quite a while. And this is pretty widespread. Customer suppliers, you know, throughout the communities.”

He added, “I’m more than happy to bring back the employees that we were forced to lay off during the depression … It could be close to 10,000.”

8-)
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callmeslick
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Re: US Steel CEO: Could Rehire 10,000, Trump Victory Bringing ‘Environment of Positive Optimism’

Post by callmeslick »

did you read the conditions under which that would happen? The CEO was clear, demand would have to restore US prices to pre-glut levels. In other words, he wants us, all of us, to pay 4 times the current going rate for steel products? What company is going to do that? So, once again, a little song a little dance, a little seltzer in your pants.
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
Pudfark

Re: US Steel CEO: Could Rehire 10,000, Trump Victory Bringing ‘Environment of Positive Optimism’

Post by Pudfark »

callmeslick wrote:did you read the conditions under which that would happen? The CEO was clear, demand would have to restore US prices to pre-glut levels. In other words, he wants us, all of us, to pay 4 times the current going rate for steel products? What company is going to do that? So, once again, a little song a little dance, a little seltzer in your pants.
callmeslick wrote:Obama din-doo-nuffin
:lol: and doubling the minimum wage...won't have no 'impact'....? :lol:
Your solution...history boy...is to make America just like Japan...pre WWII...Ya put the 'u' in stupid..don't ya... :roll:
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