IBM CEO : Invest $1 Billion & Hire 25,000 Americans

[NightTrain]

Ahead of a meeting with Trump, IBM President & CEO announces $1 Billion in U.S. based training and development.

Additionally, hiring 25,000 Americans with 6,000 to be hired in 2017. I like this new America First direction. A lot.


... According to the U.S. Department of Labor, there are more than half a million open jobs in technology-related sectors in the United States. At IBM alone, we have thousands of open positions at any given moment, and we intend to hire about 25,000 professionals in the next four years in the United States, 6,000 of those in 2017. IBM will also invest $1 billion in training and development of our U.S. employees in the next four years.

http://www.usatoday.com/story/tech/columnist/2016/12/13/we-need-fill-new-collar-jobs-employers-demand-ibms-rometty/95382248/?cm_mc_uid=61160829758614817249076&cm_mc_sid_50200000=1481724907

I'm looking forward to the study results that Apple is conducting with regard to the children filled Asian factories making iPhones being shifted to American factories.

[fj1200]

More power to 'em. That doesn't sound like additional hiring or investment beyond original plans though.

[jimnyc]

Ahead of a meeting with Trump, IBM President & CEO announces $1 Billion in U.S. based training and development.

Additionally, hiring 25,000 Americans with 6,000 to be hired in 2017. I like this new America First direction. A lot.



http://www.usatoday.com/story/tech/columnist/2016/12/13/we-need-fill-new-collar-jobs-employers-demand-ibms-rometty/95382248/?cm_mc_uid=61160829758614817249076&cm_mc_sid_50200000=1481724907

I'm looking forward to the study results that Apple is conducting with regard to the children filled Asian factories making iPhones being shifted to American factories.

However slicing it and dicing it - 25,000 jobs is a great thing for America.

#Winning

[NightTrain]

More power to 'em. That doesn't sound like additional hiring or investment beyond original plans though.

Weird that this move wasn't announced during the last 8 miserable years.

Or after Johnson conducted a tongue-flappin' interview with a reporter.

No, I'd say that this was directly due to Trump gaining office and businesses recognizing that utilizing foreign workers and shipping jobs across borders will no longer be in their best interest.

But feel free to pretend otherwise, FJ. Johnson might have a new strain to remove your angst.

[jimnyc]

Weird that this move wasn't announced during the last 8 miserable years.

Or after Johnson conducted a tongue-flappin' interview with a reporter.

No, I'd say that this was directly due to Trump gaining office and businesses recognizing that utilizing foreign workers and shipping jobs across borders will no longer be in their best interest.

But feel free to pretend otherwise, FJ. Johnson might have a new strain to remove your angst.

Cadillac Purple & Theraplant 14007

[fj1200]

Weird that this move wasn't announced during the last 8 miserable years.

Or after Johnson conducted a tongue-flappin' interview with a reporter.

No, I'd say that this was directly due to Trump gaining office and businesses recognizing that utilizing foreign workers and shipping jobs across borders will no longer be in their best interest.

But feel free to pretend otherwise, FJ. Johnson might have a new strain to remove your angst.

It wasn't?

IBM: From Firing To Hiring Spree (http://www.forbes.com/sites/panosmourdoukoutas/2016/10/30/ibm-from-firing-to-hiring-spree/#123e5e087ce8)

There was a time when International Business Machine Corporation (NYSE:IBM) was on a firing spree, letting thousands of people go as sales declined. That was prior to 2015, as the company was in the middle of a transition, scaling down its old computing business to plow resources into new business initiatives and prepare for the coming of the cognitive era.Now, IBM is on a hiring spree, replenishing the skills of its labor force. The cognitive era is already here, and IBM’s business initiatives are turning sales around.
IBM has hired more than 100,000 new IBMers since January 2015, cloud advisors, digital representatives, data scientists, etc. This includes about 700 executives (not including acquisitions).

...

I'm sure a big company like IBM had plans in the works for a long time and didn't make new plans based on an election.

[NightTrain]

It wasn't?

IBM: From Firing To Hiring Spree (http://www.forbes.com/sites/panosmourdoukoutas/2016/10/30/ibm-from-firing-to-hiring-spree/#123e5e087ce8)




I'm sure a big company like IBM had plans in the works for a long time and didn't make new plans based on an election.

And you think that IBM making this public announcement the day before the scheduled meeting with Trump is completely coincidental, right? :rolleyes:


Look around you, FJ. Have you seen a pattern lately of U.S. companies suddenly very interested in U.S. based employment and domestic manufacturing? Or do you think that's all been in the works for the last 8 years and Democrat policies are just now bearing fruit?

[jimnyc]

And you think that IBM making this public announcement the day before the scheduled meeting with Trump is completely coincidental, right? :rolleyes:

His intent on what he wants to do with major companies and taxes and regulation and other things.... I have no doubt at all that this played a part in their decision, and will play a part in the decisions of many many more to come. I think some, and likely them, also want to wait and see the incoming administration, and wait on key changes before they put changes in stone and writing.

[NightTrain]

His intent on what he wants to do with major companies and taxes and regulation and other things.... I have no doubt at all that this played a part in their decision, and will play a part in the decisions of many many more to come. I think some, and likely them, also want to wait and see the incoming administration, and wait on key changes before they put changes in stone and writing.

Yes, exactly. The turnabout is directly due to Trump's victory, and anyone saying differently has their head planted to the shoulders.

All one has to do us look at the mass exodus of U.S. jobs over the last 8 years to see the difference. The only different factor right now is Trump saying it's going to get real expensive for those exporting jobs & factories.

#NeverTrumpers : :lalala:

[jimnyc]

Yes, exactly. The turnabout is directly due to Trump's victory, and anyone saying differently has their head planted to the shoulders.

All one has to do us look at the mass exodus of U.S. jobs over the last 8 years to see the difference. The only different factor right now is Trump saying it's going to get real expensive for those exporting jobs & factories.

#NeverTrumpers : :lalala:

And that's part of Carrier's decision as well. They saw the savings and decided to remain.

You know that everything and anything that Trump does that can be looked at as a "positive", many folks out there will try their best to downplay it, or to make sure he doesn't get credit for anything - and I'll bet my last cup of coffee that those same folks are the first to give him credit for anything and everything negative.

On a different front, look at what a powerful incoming president can do. The illegals are flowing across the border right now as if a dam has broken. They all want to hurry up and get across before a strong leader takes over, and before laws are actually upheld.

[NightTrain]

And that's part of Carrier's decision as well. They saw the savings and decided to remain.

You know that everything and anything that Trump does that can be looked at as a "positive", many folks out there will try their best to downplay it, or to make sure he doesn't get credit for anything - and I'll bet my last cup of coffee that those same folks are the first to give him credit for anything and everything negative.

On a different front, look at what a powerful incoming president can do. The illegals are flowing across the border right now as if a dam has broken. They all want to hurry up and get across before a strong leader takes over, and before laws are actually upheld.

Yeah, there's a real tidal wave of immigrants coming over the border... pretty silly when you consider what's about to transpire on Jan 20th, but I suspect the coyotes are hyping up the "Get across the border while you still can!" angle without mentioning they're going to be caught and deported.

The coyote industry is about to take a serious nosedive so they're making money while they still can.

[fj1200]

And you think that IBM making this public announcement the day before the scheduled meeting with Trump is completely coincidental, right? :rolleyes:

Look around you, FJ. Have you seen a pattern lately of U.S. companies suddenly very interested in U.S. based employment and domestic manufacturing? Or do you think that's all been in the works for the last 8 years and Democrat policies are just now bearing fruit?

No, I'm sure an op-ed was purposely put out the day before a scheduled meeting with trump. I'm also sure that IBM plans were not hastily put together in the past 5 weeks and only tied to trump winning as you're determined to believe. If you've got better evidence I'm certainly willing to be incorrect.

As far as credit, I don't give BO much as our economy is not completely tied to who is POTUS.


Yes, exactly. The turnabout is directly due to Trump's victory, and anyone saying differently has their head planted to the shoulders.

All one has to do us look at the mass exodus of U.S. jobs over the last 8 years to see the difference. The only different factor right now is Trump saying it's going to get real expensive for those exporting jobs & factories.

#NeverTrumpers : :lalala:

You can believe what you like but it doesn't necessarily coincide with the facts on the ground. Could you point to the exodus of US jobs over the last 8 years?

http://cerasis.com/wp-content/uploads/2015/05/manufacturing-jobs-BLS-report.png

http://4.bp.blogspot.com/-onhJjxnQhes/VpEvy6hlpxI/AAAAAAAAgEQ/rF_E8agBud8/s1600/jobs-total-2015-12.png

If I'm not mistaken US industrial output is also at or near all-time highs:

http://cdn.camstar.industrysoftware.automation.siemens.co m/manufacturing-geek/wp-content/uploads/2014/09/Manufacturing.jpg

This is also a good link:

The U.S. Lost 7 Million Manufacturing Jobs--And Added 33 Million Higher-Paying Service Jobs (http://www.forbes.com/sites/timworstall/2016/10/19/the-us-lost-7-million-manufacturing-jobs-and-added-33-million-higher-paying-service-jobs/#e1b72d448946)
As far as trump, I hope he is successful in some deregulation and tax cuts but his insistence on protectionism will not be positive unless decades of the benefits of free trade turn out to be incorrect. We'll see.

[fj1200]

And that's part of Carrier's decision as well. They saw the savings and decided to remain.

You know that everything and anything that Trump does that can be looked at as a "positive", many folks out there will try their best to downplay it, or to make sure he doesn't get credit for anything - and I'll bet my last cup of coffee that those same folks are the first to give him credit for anything and everything negative.

On a different front, look at what a powerful incoming president can do. The illegals are flowing across the border right now as if a dam has broken. They all want to hurry up and get across before a strong leader takes over, and before laws are actually upheld.

He should get positive credit for what is positive. Putting anything positive on his plate because of coincidence is the same thing the Dems did 8 years ago. :dunno:

[fj1200]

I guess those were some head-spinning facts.

[NightTrain]

I guess those were some head-spinning facts.

Oh, missed this.

Why, sure, FJ. Chew on this :

5,000,000 American manufacturing jobs lost since 2000 :

http://www.debatepolicy.com/attachment.php?attachmentid=9558&stc=1

http://money.cnn.com/2016/03/29/news/economy/us-manufacturing-jobs/

Take a shot at spinning that.

[jimnyc]

Oh lookie, it's my cowardly disappearing friend NT!! :lol:

[fj1200]

Oh, missed this.

Why, sure, FJ. Chew on this :

5,000,000 American manufacturing jobs lost since 2000 :

http://www.debatepolicy.com/attachment.php?attachmentid=9558&stc=1

http://money.cnn.com/2016/03/29/news/economy/us-manufacturing-jobs/

Take a shot at spinning that.

Why?


All one has to do us look at the mass exodus of U.S. jobs over the last 8 years to see the difference.

Now I'm sure you know the difference between 8 and 16.

[NightTrain]

Oh lookie, it's my cowardly disappearing friend NT!! :lol:

Yeah, you know me... always running from a fight. :smoke:

[NightTrain]

Why?



Now I'm sure you know the difference between 8 and 16.

And I'm sure that you understand that it's the same stupid policies with regard to NAFTA and inept trade agreements that put us in this situation, but you refuse to acknowledge the obvious and think it's a great idea to allow unrestricted trade.

[fj1200]

And I'm sure that you understand that it's the same stupid policies with regard to NAFTA and inept trade agreements that put us in this situation, but you refuse to acknowledge the obvious and think it's a great idea to allow unrestricted trade.

We weren't having a discussion on NAFTA. BTW NAFTA good, excessively high corporate income taxes bad.

[NightTrain]

We weren't having a discussion on NAFTA. BTW NAFTA good, excessively high corporate income taxes bad.

NAFTA has a huge role in the loss of U.S. jobs, my obtuse friend.

[fj1200]

NAFTA has a huge role in the loss of U.S. jobs, my obtuse friend.

So you've said but have not shown.


Manufacturing jobs in the U.S. actually increased in the years after the North America Free Trade Agreement with Mexico and Canada went into effect in 1994.

[NightTrain]

So you've said but have not shown.

Was Carrier to be a loss of US jobs?

Yes or no?

[jimnyc]

Was Carrier to be a loss of US jobs?

Yes or no?

OOO OOOO ooooo OOOOO Raising my hand like a nutcase!!

[NightTrain]

NAFTA has a huge role in the loss of U.S. jobs, my obtuse friend.


So you've said but have not shown.


Manufacturing jobs in the U.S. actually increased in the years after the North America Free Trade Agreement with Mexico and Canada went into effect in 1994.

Sorry, but your usual tactic of cherrypicking won't fly. Here's the very next sentence that you omitted :


But the story changed dramatically in 2000. Since then, the U.S. has shed 5 million manufacturing jobs, a fact opponents of free trade mention often.

[fj1200]

Was Carrier to be a loss of US jobs?

Yes or no?

Sure. NAFTA was 20+ years ago though.


Sorry, but your usual tactic of cherrypicking won't fly. Here's very next sentence that you omitted :

So I can't cherry pick the first years of NAFTA but you can cherry pick the later years?

[NightTrain]

Sure.

There we go, son.

I rest my case.

[fj1200]

There we go, son.

I rest my case.

:laugh:

[fj1200]

United StatesIn a 2012 survey of leading economists, 95% supported the notion that on average, U.S. citizens benefited on NAFTA.[38] (https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#cite_note-38) A 2001 Journal of Economic Perspectives review found that NAFTA was a net benefit to the United States.[30] (https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#cite_note-:0-30) A 2015 study found that US welfare increased by 0.08% as a result of the NAFTA tariff reductions, and that US intra-bloc trade increased by 41%.[25] (https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#cite_note-:2-25)
In 2015, the Congressional Research Service (https://en.wikipedia.org/wiki/Congressional_Research_Service) concluded that the "net overall effect of NAFTA on the U.S. economy appears to have been relatively modest, primarily because trade with Canada and Mexico accounts for a small percentage of U.S. GDP. However, there were worker and firm adjustment costs as the three countries adjusted to more open trade and investment among their economies."[39] (https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#cite_note-39)
The U.S. Chamber of Commerce (https://en.wikipedia.org/wiki/U.S._Chamber_of_Commerce) credits NAFTA with increasing U.S. trade in goods and services with Canada and Mexico from $337 billion in 1993 to $1.2 trillion in 2011, while the AFL-CIO (https://en.wikipedia.org/wiki/AFL-CIO) blames the agreement for sending 700,000 American manufacturing jobs to Mexico over that time.[40] (https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#cite_note-40)

In case I cherry picked anything the rest is here:

https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#United_States

[NightTrain]

In case I cherry picked anything the rest is here:

https://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement#United_States

You cherry picked plenty, like you always do. But that's okay.

Explain to me how losing 5,000,000 manufacturing jobs to foreign countries is a benefit to Americans and the American economy.

[fj1200]

You cherry picked plenty, like you always do. But that's okay.

Explain to me how losing 5,000,000 manufacturing jobs to foreign countries is a benefit to Americans and the American economy.

:rolleyes: Pot meet kettle. You've been cherry picking this whole thread incorrectly as I've pointed out.

Nevertheless I didn't say losing jobs was good, I said free trade was good and it is. But even if I spot you 7mm lost high paying jobs then you'll have to spot me 33mm high paying jobs. From a previous link (let me know if I've cherry picked anything):


It's also nonsense. The truth is that America has lost some 7 million manufacturing jobs and added some 53 million jobs in services. This is just what happens with advanced economies--it's easier to increase productivity in manufacturing than it is in services, this is the heart of Baumol's Cost Disease. As it was easier to increase productivity in agriculture through mechanising it than it was in manufacturing. Thus, over time, the proportion of the workforce engaged in agriculture falls, so too does the proportion in manufacturing. And given that services (with a couple of small adjustments for mining, construction and utilities) is the name we give to all the rest of the economy therefore an increasing portion of the labour force ends up in services.

Further, of those 53 million new jobs some 62% of them were in higher paying occupations than those "high paying good jobs" in manufacturing we lost. Yes, really, 33 million higher paying jobs came along to replace those 7 million lost. Which does, when you look at those numbers properly, seem like rather a good deal.
http://www.forbes.com/sites/timworstall/2016/10/19/the-us-lost-7-million-manufacturing-jobs-and-added-33-million-higher-paying-service-jobs/#ee4ef1548946

The fact is that the US makes more than we ever have (http://www.forbes.com/sites/timworstall/2016/11/16/youre-not-going-to-believe-this-but-us-manufacturing-is-now-bigger-than-ever-before/#321dc94d6e2c) but we also do it more efficiently which is probably an unavoidable outcome in a high wage economy. Do I think we could do better and that we're harming our own competitiveness in the global economy? Sure and I've said so for some time, cutting corporate income taxes is my current favorite solution not to mention the nightmare of ACA, but we shouldn't harm our own economy on a falsehood.