President-elect Donald Trump is ranting and raving on Twitter these days and much of what he says, especially his accusations, have minimal to no truth whatsoever. That was the case with his early morning rant against General Motors, charging that the giant car maker sends jobs to Mexico and then sells the products back to U.S. consumers. Here’s what Trump tweeted:
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017
General Motors immediately debunked Trump’s accusation. Here’s their statement:
“General Motors manufacturers the Chevrolet Cruze sedan in Lordstown, Ohio. All Chevrolet Cruze sedans sold in the U.S. are built in GM’s assembly plant in Lordstown, Ohio. GM builds the Chevrolet Cruze hatchback for global markets in Mexico, with a small number sold in the U.S.”
The problem with Trump’s s statement is that it vilifies an entire corporation, which employs thousands of Americans. When an incoming president makes such a statement about a particular business, it can hurt it and thus hurt Americans employed by the business. While wanting jobs for Americans should be a priority for an American president, spreading falsities or half-truths does no one any good. In fact, it can have a negative impact.
For example, Lockheed’s stock plummeted after Trump sent out a tweet about the corporation back in late December:
Based on the tremendous cost and cost overruns of the Lockheed Martin F-35, I have asked Boeing to price-out a comparable F-18 Super Hornet!
— Donald J. Trump (@realDonaldTrump) December 22, 2016
Boeing’s stock also tumbled after Trump accused the company of overcharging for Air Force One planes, costing shareholders over $550 million:
Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!
— Donald J. Trump (@realDonaldTrump) December 6, 2016
The hope is that Trump will begin to realize that what he says as president will have a huge impact on the American economy. Thus far, he’s been a disaster and unless he starts thinking carefully about what comes out of his mouth, we’re all in for a long four years.