(Bloomberg View) -- Ford Motor Co.'s decision this week to scrap a $1.6 billion investment in Mexico, following criticism from Donald Trump, shows government intervention can be "good for industry and it's good for employment," according to French presidential candidate Marine Le Pen. As far as the workers in this particular case are concerned, the numbers suggest otherwise.
The U.S. automaker says abandoning its Mexico plan and instead spending $700 million to expand its domestic operations in Michigan will create just 700 jobs. Even I can work out that's $1 million per new employee hired.
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