President-elect Donald J. Trump has yet to be officially inaugurated, but his pledges to both reduce corporate taxes and federal regulatory burdens is already paying dividends.
On Wednesday CNBC reported that Trump said telecom Sprint would be bringing 5,000 jobs back to the United States, following earlier announcements by Carrier, U.S. Steel and Ford that they, too, would be bringing to or keeping jobs in America:
President-elect Donald Trump said Wednesday that Sprint will bring 5,000 jobs back to the United States from overseas, while another company OneWeb will add 3,000 jobs in the U.S.
Trump said the deal “was done through” SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor. Earlier this month, the pair announced in New York that SoftBank agreed to invest $50 billion in the U.S. and aimed to create 50,000 jobs.
It is unclear whether all of the positions announced Wednesday are part of the 50,000 jobs pledge detailed previously.
President Obama, meanwhile, never got a single U.S. company to stay in the U.S. or bring jobs here, but his massive big government regulatory schemes and legislation like Obamacare sure did plenty to chase them away. And many U.S. firms did what several Hollywood stars claimed they would do if Trump won: Leave the United States.
Trump has made job and opportunity creation a top priority in his administration, and voters in several previously blue swing states believed him. He’s fulfilling that promise, and the man hasn’t even taken the oath yet.