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Started By
Message
re: Breaking: Trump and Carrier reach deal to keep 1,000 jobs in Indiana
Posted on 11/30/16 at 11:42 am to HailHailtoMichigan!
Posted on 11/30/16 at 11:42 am to HailHailtoMichigan!
More accurate headline:
Trump Rewards Carrier for Exporting Jobs
The best deals.
Trump Rewards Carrier for Exporting Jobs
The best deals.
0
Posted on 11/30/16 at 11:46 am to stout
Democratic underground are calling this a bribe and they are pissed. Lol
Posted on 11/30/16 at 11:49 am to AuburnTigers
quote:That ~$50million/yr in wages is going to eat directly away from Carrier's profits, which is $50million/yr less they will have available to "create jobs". I mean, that's what corporations do with their profits, right? Create jobs? Is trickle-down broken? Why do we have to force it to work?
Yeah, how silly of Trump to save the lives of a thousand families that were depending on those measly 45k jobs.
Posted on 11/30/16 at 11:55 am to Broke
No one knows the details so it's unfair to judge the deal. But if the State gave financial incentives to Carrier to keep some jobs in Indiana then it's playing a dangerous game. How much should the State spend to keep jobs here? Are they incentivizing other companies to threaten to leave in order to get the same benefit?
This isn't the first time the government has interfered with the free market in order to save jobs - Obama saved hundreds of thousands of jobs with the auto bailout. But I wonder how frequently this will happen under Trump.
This isn't the first time the government has interfered with the free market in order to save jobs - Obama saved hundreds of thousands of jobs with the auto bailout. But I wonder how frequently this will happen under Trump.
This post was edited on 11/30/16 at 11:57 am
Posted on 11/30/16 at 12:00 pm to VOLhalla
Funny how liberals NOW care so much about taxes and people being taxed. 
Posted on 11/30/16 at 12:15 pm to redfishfan
quote:
Real welfare- person receives money from taxpayers.
"corporate welfare"- company gives less of THEIR money to the government.
Even the person receiving welfare pays taxes (sales/state, etc.). No one escapes this reality. Corporate welfare is not a company giving less of THEIR money to the government, they already receive incentives from state and local governments on top of their sweet welfare deals. Every citizen should be so lucky.
Conservatives struggle with any concept that allows people to get a fair shake and rail against made up narratives scapegoating the poor and what's left of the middle class.
Posted on 11/30/16 at 12:19 pm to Wtodd
quote:
Well when you DO know then make a bitchy post
Takes one to not know one. I'm sure the 1100 other workers who will lose their jobs will find comfort in knowing all about the welfare windfall their employer leveraged their jobs for.
"Make America Great Again", . . . NOT.
Posted on 11/30/16 at 12:23 pm to Homesick Tiger
quote:
How do you feel about more social welfare at the expense of hard working people?
Don't kid yourself, everyone works hard to make minimum wage.
Posted on 11/30/16 at 12:28 pm to Broke
quote:
Democratic underground are calling this a bribe and they are pissed. Lol
What exactly was bribed?
I don't have a problem with a stern warning that the president-elect will pursue penalties, possibly even alter the "buy American" requirement for government contracts to exclude companies that close down domestic plants to open across the border.
Those military and government contracts are bloated and profitable for the supplier of goods/services. That should be used as a bargaining chip IMO.
If Ford wants to move eliminate production capacity in the US, they should understand how that could impact their status as a potential government supplier. During WW2, we depended on a heavy manufacturers to turn out weapons, vehicles, and supplies. Our supply chain and manufacturing capacity is as much of a defense issue as it is an economic and social issue.
Tax incentives are a temporary fix. We really should be trying to adopt a better tax policy to encourage corporate investment, such as retrofitting older plants/mills and improving their supply chain. I hope that a republican majority in both houses brings us something like that...or at least a tax policy that keeps those issues in mind if not the base of the design.
This post was edited on 11/30/16 at 12:32 pm
Posted on 11/30/16 at 1:31 pm to HailHailtoMichigan!
Obama's reaction...
What a jackass.
What a jackass.
quote:
White House downplays Trump Carrier announcement | TheHill
The White House on Wednesday scoffed at President-elect Donald Trump’s agreement to keep 1,000 manufacturing jobs in Indiana, saying it does not come close to President Obama’s “high standard” for creating similar jobs.
Obama spokesman Josh Earnest acknowledged it’s “good news” that Trump’s team persuaded air conditioning company Carrier to change its plan to ship those jobs to Mexico.
But he added that “if [Trump] is successful in doing that 804 more times, then he will meet the record number of manufacturing jobs” created during Obama’s eight years in office.
Earnest went further, saying that the roughly 800,000 jobs he cited were new jobs created under Obama’s watch. He said the president protected “more than a million” additional manufacturing jobs in the Midwest with his bailout of the auto industry.
“The one difference would be the president-elect is talking about protecting jobs,” he said. “The metric I’m using is actually creating jobs.”
Trump is championing the deal with Carrier as an example of how he’s following through on his promise to save jobs in the industrial Midwest.
The president-elect is scheduled to travel to Indiana on Thursday to celebrate the news.
At the same time, the White House is hoping to burnish Obama’s economic legacy on its way out the door.
Trump repeatedly attacked Obama’s handling of the economy on the campaign trail, saying blue-collar workers were left behind as the country dug out of the 2008 recession.
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