Trump was being congratulated in the media for being less ranting and raving and more on message following his speech at the Boeing South Carolina facility where the new 787 is being assembled. Here is what the press has not told you – yet.
Robert Reich explains why Trump’s speech was just more BS in Trump’s Nutty “America First” Economics.
Donald Trump gave a speech Friday at South Carolina’s Boeing facility, where the new 787 “Dreamliner" was unveiled. He said the plane was “built right here” in South Carolina, and that “our goal as a nation must be to rely less on imports and more on products made here in the U.S.A.“
Reich calls that “pure fantasy”. Here are the facts.
In fact, almost a third of Boeing’s Dreamliner comes from abroad.
And not from low-wage countries. In fact, the Dreamliner’s components come from countries with high taxes and high regulations, good wages, strong unions, excellent schools including technical education, and universally-available health care.
1.The Italian firm Alenia Aeronautica makes the center fuselage.
2. French firm Messier-Dowty makes the aircraft’s landing-gear system.
3. German firm Diehl Luftfahrt Elektronik supplies the main cabin lighting.
4. Swedish firm Saab Aerostructures manufactures the access doors.
5. Japanese company Jamco makes parts for the lavatories, flight deck interiors and galleys.
6. French firm Thales makes its electrical power conversion system.
7. Thales selected GS Yuasa, a Japanese firm, in 2005 to supply it with the system’s lithium-ion batteries.
Oh, and the first delivery of the Dreamliner is scheduled to take place next year – to Singapore Airlines. Currently there are 149 orders for it from worldwide customers including British Airways and Air France.
In other words, contrary to Trump, the Boeing Dreamliner is made all over the world and will be sold all over the world.
Trump’s “America First” economics is pure demagoguery. We get a first-class workforce by investing in Americans’ education, training, infrastructure, and healthcare – and rewarding them with high union wages.
We don’t boost the competitiveness of American workers through xenophobic grandstanding.