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re: Sarah Palin: Trump's Carrier deal is 'crony capitalism'
Posted on 12/2/16 at 4:51 pm to VOLhalla
Posted on 12/2/16 at 4:51 pm to VOLhalla
I'm no fan of Palin and I supported Trump, but I'm in agreement with Palin here. The key is that it was arbitrary. The key to economic nationalism is not cutting individual deals with individual companies who threaten to relocate overseas. It's to change tax codes and regulations on business here in America and to renegotiate trade deals with foreign countries that creates incentives for ALL business to remain in the United States and compete here.
It is a dangerous precedent to cut a deal specifically for Carrier though the political context is obviously relevant here.
It is a dangerous precedent to cut a deal specifically for Carrier though the political context is obviously relevant here.
1
Posted on 12/2/16 at 4:59 pm to ChewyDante
There is no precedent being said here. This kind of deal has gone on for 15 years, maybe longer. The difference in this case, is that the deal was done with the express purpose of keeping workers in the United States, not to increase corporate profits. I'm not going to say that motivations are more important than results, however the only president that is being set is the president of the United States specifically looking out for the interests of the employees of the company, not the company or shareholders
Pardon any miss spellings or wrong words, I'm dictating.
Pardon any miss spellings or wrong words, I'm dictating.
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