Once again, President-elect Donald Trump is scoring bigger points than Barack Obama ever did when it comes to business, the economy and saving jobs.
First, Carrier in Indiana decided against moving 1,100 or so jobs from the state to south of the border, telling Mexico: Sorry, we’re not coming, Trump’s vowed to forge a free market economy that will help use grow and thrive.
And now? Trump has done it again, it seems.
United States Steel now wants to invest big in the national market, and hire back some of its long-ago laid-off employees. And it’s all due to the incoming president and the promise of less regulations.
“We already structured to do some things,” said CEO Mario Longhi in an interview with CNBC. “But when you see in the near future improvement to the tax laws, improvements to regulation, those two things by themselves may be a significant driver to what we’re going to do.”
Longhi said the anticipated U.S. growth of 3.5 percent is a point of optimism the company can really work with, CNBC reported.
“I’d be more than happy to bring back the employees we’ve been forced to lay off during that depressive period. [That] could be close to 10,000 jobs.”
The 10,000 figure refers to the entire steel industry, not just to U.S. Steel interests. But U.S. Steel isn’t the only one looking with anticipation at a Trump presidency. Americans everywhere are applauding his commitment to the economy and jobs.