It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: Southern Guardian
How's the trickling down going? I guess I've dropped a penny or two in my lifetime while walking to the to the grocery store. I suppose that's wealth trickling down in action.
House Speaker Paul Ryan, R-Wis., in September used a Harley-Davidson plant in Menomonee Falls, Wisconsin, as a backdrop for touting the GOP tax measure signed by President Donald Trump late last year, Vox relayed. And Mr. Trump met with Harley-Davidson executives and union representatives at the White House in February, saying the company's business would only get better.
Four months after Ryan's appearance at the Harley-Davidson factory in his home state, 800 workers in Kansas City, Missouri, were told they'd be out of jobs when their plant closes in 2019 and operations shift to York, Pennsylvania, resulting in a net loss of 350 jobs.
Only days after the Kansas City layoff news, Harley-Davidson announced a dividend hike and stock buyback plan worth about $696 million.
The Kansas City plant's closure came as Harley-Davidson is struggling with declining sales and rising costs. It's also consolidating operations at three other factories.
www.cbsnews.com...
Oh it gets worse. Reports are, Harley Davidson plans to move their factory to Bangkok, Thailand:
As with Wells Fargo and Carrier, we're once again learning that trickle down economics is a sham and the American people are paying for it. But hey who cares right? So long as you got your $1500 tax return you're fine for the year right? You can finally buy that Apple computer you always wanted! Meanwhile more jobs are lost, more folks are left unemployed, healthcare cuts continue, costs increase. On the light side you'd be contributed to the economy I guess by spending that tax cut... which is good.... unless that money falls right back into debt?
originally posted by: Bluntone22
Harley has been struggling for years, "mostly because they make overpriced junk" so what does the tax cut have to do with it?
Harley has to cut costs... their bikes are super expensive and younger riders are looking for cheaper bikes. Harley has failed to figure out what the market is really looking for product mix wise beyond their aging core demographic of aging dentists who like pirate cosplay.
originally posted by: TinySickTears
a reply to: Blaine91555
i dont know why you posted that.
i already said indian is their main comp
originally posted by: TinySickTears
a reply to: Southern Guardian
i think a big part of it is they have no sport bikes. i know that is not what harley is about but there is a HUGE market for rockets man.
a new R1 is gonna cost you 11 grand or so and people buy the # out of them.
off street stuff like quads and such is a different animal but the younger crowd likes those sport bikes.
edit
17k for an R1
by the time you pay it off at a 60 month loan its worth dick
originally posted by: Blaine91555
originally posted by: TinySickTears
a reply to: Blaine91555
i dont know why you posted that.
i already said indian is their main comp
Just linking to an article about it? I had no other intent. You have too much coffee today perhaps
originally posted by: JinMI
a reply to: TinySickTears
Indian in regards to US bikes. The international market also plays into the broader scheme.