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Trump takes credit for 8,000 jobs from Japanese mogul

  • ASSOCIATED PRESS

    President-elect Donald Trump spoke to reporters today in Palm Beach, Fla.

PALM BEACH, Fla. >> Donald Trump touted plans by a Japanese mogul today to bring 8,000 jobs to the United States.

They could be the first of the 50,000 jobs tech billionaire Masayoshi Son promised to create after meeting with the president-elect earlier in December.

In the grand scheme of the economy, the jobs announcement is unlikely to have a major impact. Still, it’s another example of how Trump is trying to stoke voters’ belief that he is actively fighting for their well-being.

The announcement came during a whirlwind day in which Trump accused President Barack Obama of throwing up “inflammatory” roadblocks during the transition of power and said his administration was treating Israel with “total disdain.”

Son is the founder and chief executive of SoftBank, one of Japan’s largest technology outfits. He owns the U.S. mobile carrier Sprint, which Trump said would be moving 5,000 jobs “back” to the United States. Son also controls OneWeb, which Trump said would hire 3,000 workers.

It was unclear whether the president-elect was referencing the Dec. 6 commitment by Son to invest $50 billion in the United States and create 50,000 jobs.

Trump said the addition of 8,000 jobs was “because of what’s happening and the spirit and the hope.”

Still, the U.S. job market has been robust for much of 2016. Employers have added more than 2.2 million jobs over the past 12 months — a sign of economic health that pre-dates Trump’s presidential victory.

Sprint has struggled since its 2013 acquisition by SoftBank. The carrier shed roughly 9,000 workers between 2012 and 2016, reducing its staff to 30,000, according to annual reports.

Sprint’s attempt to join with rival T-Mobile failed in 2014 after regulators objected to combining two of the four largest mobile telecom companies in the United States. Analysts say a Trump administration would be more likely to approve telecom mergers, including a deal between Sprint and T-Mobile.

Sprint Chief Executive Marcelo Claure said in a statement that the company is “excited” to work with Trump.

“We believe it is critical for business and government to partner together to create more job opportunities in the U.S. and ensure prosperity for all Americans,” Claure said.

The Sprint jobs announcement came after tensions rose and fell today between Trump and Obama. Trump has made it clear that it didn’t sit well with him when Obama recently boasted that he would have won the election if he’d been running.

“Doing my best to disregard the many inflammatory President O statements and roadblocks,” Trump tweeted today. “Thought it was going to be a smooth transition — NOT!”

Later, however, journalists at Trump’s Mar-a-Lago resort in Florida asked him about the tweet and how he thought the transition was going.

He said: “I think very, very smoothly. It’s very good. You don’t think so?”

Even later today, Trump told reporters he had spoken by phone with Obama and said the two “had a very nice conversation.”

White House spokesman Eric Schultz said Obama phoned Trump. “Today’s call, like the others since the election, was positive and focused on continuing a smooth and effective transition,” Schultz said. “The president and president-elect committed to staying in touch over the next several weeks.”

Trump also took direct issue with the Obama administration’s decision to let a United Nations Security Council resolution critical of Israel pass.

“We cannot continue to let Israel be treated with such total disdain and disrespect,” he said in a two-part tweet. “They used to have a great friend in the U.S., but … not anymore. The beginning of the end was the horrible Iran deal, and now this (U.N.)! Stay strong Israel, January 20th is fast approaching!”

The president-elect’s complaints about the treatment of Israel came a few hours before John Kerry made his final speech about Mideast peace as secretary of state. Kerry criticized Israel for settlement-building and accused Prime Minister Benjamin Netanyahu of dragging Israel away from democracy.

Trump resumed his busy schedule of meetings following a brief lull for the holidays. He first met with David Rubenstein, head of the Carlyle Group investment firm. He also met former California Lt. Gov. Abel Maldonado and former Texas A&M president Elsa Murano — two candidates for agriculture secretary.

Trump also held meetings with a number of medical executives, likely for discussions about Obama’s signature heath care plan, which Trump has called a “total disaster.”

They include Mayo Clinic chief executive John Noseworthy; the head of Johns Hopkins medical center, Paul Rothman; the head of the Cleveland Clinic, Toby Cosgrove; and Partners Healthcare chief executive David Torchiana. Spicer said Trump would also discuss Obamacare in a meeting with former Wisconsin Gov. Tommy Thompson.

Trump is telling visitors to his Florida club that he plans to write his inaugural address himself and is drawing inspiration from Presidents Ronald Reagan and John F. Kennedy.

Trump told visitors that Reagan had “incredible style.” He has also noted the upcoming 100th anniversary of Kennedy’s birth, according to someone who spoke to Trump and insisted on anonymity in order to disclose private conversations.

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  • 1. Masayoshi Son announced 50,000 new jobs before the election. Nothing to do with Trump.
    2. The US gains and loses several hundred thousand jobs a month. Cherry-picking a small part of that constant turnover to make a bogus claim is typical of Trump as he tries to feed his raging ego.

    Trump claimed that he saved a Ford plant in Kentucky, but Ford had no plans to close it.

    Trump claimed that he saved 1,000 Carrier jobs in Indiana. The number was inflated and United Technologies, the parent company, said that it would automate the factory and eliminate the jobs instead of moving the jobs to Mexico.

    • Trump is descending further into madness every day. If he wasn’t so dangerous, it would be entertaining to watch his meltdowns.

      Trump is a psychotic. People that voted for him should be ashamed of what they have done.

        • SoftBank had been planning this move months ago which means this has little to do with Donald Trump. Their ultimate goal is to monopolize the mobile delivery market in the U.S.

        • Job growth under the last 3 Presidents:

          Clinton +23 million
          Bush +1.3 million
          Obama +11 million

          See a pattern?

        • @ sarge22
          let me interrupt here and ask all the Libs this…

          “Has any of this kind of job creation subjects…companies talking about adding jobs in America..ever come up during hiLIARy’s campaign or during O’s tenure?”

        • Normal politicians don’t make up bold-faced lies as Trump continues to do.

          NEWS FLASH: The election is over. There is no HILLARY around for Trump to deflect attention to. There’s only Trump and his words.

          It’s time for YOU to look at what he’s actually doing, and compare it with what he’s saying. Well?

        • Why do you resort to name-calling for anyone who says something you don’t agree with? Just like your hero.

        • Not Waldo, just the better candidate for the office, Hillary. But the system has given us the Donald and now it is time to perform. He won’t be able to always just lie about his accomplishments, He will actually have to deliver. So far he has not. I feel sorry for the Donald supporters as they will probably be the ones most hurt by his return to Voodoo. Enjoy the ride back down into an economic hell. (That is what republicans have done)

      • Let’s pray the founding fathers of the United States of America, the drafters of the Constitution and separation of powers were wise enough to provide the checks and balances to restrain him until the next election, and let’s pray leaders in Congress and the judiciary are true patriots. Since Trump’s election and the impending end of the Obama administration, I suspect that in four years all of us will be demanding “Make America Great Again.” #MAGA #TragicIrony

      • klastri opines that Trump is descending further into madness every day.

        One wonders if Klastri ever saw the film depicting Der Fuhrer’s last days in the deep underground bunker – – when Hitler was pouring over maps and issuing orders for non-existent Wehrmacht divisions into battle against allied forces of Ike in the west and Zhukov in the east – – while Red army artillery was making rubble of Berlin.

        The parallel is obvious.

        Poor Klastri seems to be the one descending further into madness every day. The decisive defeat of Felony-Shrillary seems to have driven him completely over the edge – – but in truth, it was but a short drive, indeed more of a putt, really.

        • You let the fake news and the shameless GOP lies distract you from the real world. It’s time (for his supporters!) to accept the fact that Donald J Trump won the electoral election and is about to be the next POTUS.

          I’m talking about those who voted for Trump, but are stuck in the mindset he created in order to win the election. There’s no more Hillary to change the subject to. It’s time to focus on everything he’s said and (not) done. Don’t worry about Barry or Hillary; worry about all the campaign promises he forgot as soon as he won the election.

          Do you remember any of the promises he made?

    • agree. Trump knows he can lie repeatedly as his supporters are so misinformed and lazy. I guess he figures they won’t care about or search out the actual facts. He is an entertainer and a joke but he can still cause all of us great damage.

  • there is the lie the AP is putting out again saying 2.2 million jobs were created, how come people on food stamps and welfare has tripled since Obama became president poverty has doubled in this country which are mostly blacks and you liberals believe all this BS that the press tells you, that he created that many jobs you folks are living in a dream world.

    • Food stamps and welfare are safety net programs; think of them as lifeboats. Blaming Obama for the increased number of people in lifeboats overlooks the fact that it was the Republicans who drove the economy into the iceberg.

      • Agree and when The Chump and his cronies stymie the increase of minimum wage people have no other option then to seek social assistance. There are many people who work 2 or 3 jobs at minimum wage and are unable to sustain the basic needs of everyday life. Shelter, food and a means of transportation. It is a terrible shame that the mega rich continue to pursue the advancement of their insatiable greed and could give a f-chk of those less fortunate. What is more shameful is that they have their blind mice who eat up all their s-it and and honestly don’t realize that they are victims of the biggest scam in the history of mankind.

  • Obummer will probably come up with another regulation tomorrow to discourage Masayoshi Son from doing business in the US. He’ll never get over losing an election that he himself couldn’t run in.

    • The number of job openings has more than doubled under Obama, As of the last day of July, the number of job openings reached 5,871,000. That’s the highest in the more than 15 years the Bureau of Labor Statistics has been tracking it. It is also 112 percent more than in January 2009.

        • allie are you an active trader, do you understand the market and how it works?

          Quarter-end/year-end rebalancing

          Quarter end/year end effect
          The end of a financial quarter or year can also see stock markets become quite volatile, with the share price of some companies reversing direction.

          This is because institutional and retail investors often ‘rebalance’ their portfolios at these times, looking to see which of their investments have performed well.

          If the share price of a company they have invested in has experienced a particularly strong uplift over the period, they may decide to take profit on those trades and sell the shares. This can push down the company’s share price.

          If the share price of a company they have invested in has experienced a particularly sharp fall, they may decide that the company is now undervalued and decide to buy its shares while prices are cheap. This can push up the company’s share price.

          Towards the end of the tax year, many investors also sell stocks that have declined in value throughout the year. This is so that they can claim capital losses against their tax bill

          It tends to push such share prices down temporarily.

    • 1. Trump didn’t do anything to “bring 8,000 jobs” to the USA.

      2. He tells a bare lie to take credit for something that was going to happen anyway. The undereducated happily gobble up this lie.

      3. If Trump ever messes up this “deal” (which he never made) and jobs are lost, he will blame people who never were involved. The undereducated will gobble it up, ask for more.

      4. The election is OVER. It’s time to look at Trump, not at anyone else. It’s time to recount his campaign promises and realize they all meant NOTHING to him.

      DO YOU UNDERSTAND?

  • To the O & Crooked hiLIARy people question….

    Has any of this kind of job creation subjects…companies talking about adding jobs in America..ever come up during hiLIARy’s campaign or during O’s tenure?

    January 20, 2017 #MAGA

  • Anything that happens before the inauguration is credited to Obama. The comparisons in the future will be based on when the President gets into office. If the stock market goes down by 2,000 points before the inauguration – its credited to Obama – if it goes up by 2,000 points before the inauguration its credited to Obama – you cannot pick and chose. Trump will have his turn to Trump It Up (or down) after the inauguration. Before the inauguration, any results does not count, so don’t get your balls in an up roar every time Trump makes a tweet. Trump will have 8 years to show his stuff.

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