Rattner: Proud of Ford for Speaking Out Against Trump

The transcript discusses Ford's response to Trump's policies, particularly regarding jobs in Mexico and immigration rules. It explores Detroit's demographics and Ford's position, analyzes employment trends in the auto industry, and highlights challenges in incentivizing growth. The reaction of corporate America to Trump's policies, including the Muslim ban, is examined. The discussion also covers global trade dynamics and regulatory challenges, emphasizing the complexity of reversing global economic trends.

What was Ford's response to the political policies regarding jobs in Mexico?

• They remained silent.

• They supported the policies.

• They moved more jobs to Mexico.

• They spoke out against the policies.

During which administration did auto manufacturing payrolls increase significantly?

• President Bush's administration

• President Trump's administration

• President Obama's administration

• President Clinton's administration

What is a significant challenge for the auto industry in the US according to the transcript?

• Lack of skilled labor

• Low possibility of building new plants

• Excessive government subsidies

• High cost of raw materials

What is a major reason for job migration to countries like Mexico?

• High tariffs on imports

• Lack of free trade agreements

• Low productivity in the US

• Competitive productivity and low wages in Mexico

What executive order did President Trump sign regarding regulations?

• Increase regulations for every new one introduced

• Revoke two existing regulations for every new one introduced

• Maintain the current level of regulations

• Introduce new regulations without revoking any

What is the impact of uncertainty around tax policies on businesses?

• It leads to business expansion

• It encourages more investments

• It causes paralysis in decision-making

• It has no impact

What is the perception of the regulatory environment according to the transcript?

• It is under-regulated

• It is over-regulated

• It is perfectly balanced

• It is irrelevant to businesses