Trump to Announce Carrier Plant Will Keep Jobs in U.S.
- Thread starter Locutus
- Start date
1000 jobs will remain in the U.S. .. for now, 1300 will move to Mexico.
I have a hard time calling this a success. You are, at best, slowing down the process of deindustrialization NOT reversing it. This was a skirmish at the front of an orderly retreat.
It uses some incentives, perhaps some threats of losing government contracts, to maintain some manufacturing but this is not a solution. First of all it does not address the foreign makers who can produce product at subsistence wages and with which Carrier will have to compete.
Most of all it is a selective, one off deal, and largely aimed at public relations. The ONLY real answer to rebuilding an integrated national industrial economy is TARIFFS, systematic, pemanent and purpose built. That is the way the American economy grew under the American System of Political Economy instituted by Alexander Hamilton and it is the ONLY way to reestablish equitable prosperity in America.
I'll take this as a first shot in an engagement that will have to go on for decades. If Trump deems some slip shod program of negotiating 'deals' with invidual firms threatening to move operations off shore as sufficient.. he will find himself completely unable to keep his campaign promises and he will be deemed as having been coopted by the NeoCons.
And he will find a more aggressive and tougher breed of economic nationalist moving around him to reclaim the nation. It's really up to him as to whether he'll lead or follow.
I have a hard time calling this a success. You are, at best, slowing down the process of deindustrialization NOT reversing it. This was a skirmish at the front of an orderly retreat.
It uses some incentives, perhaps some threats of losing government contracts, to maintain some manufacturing but this is not a solution. First of all it does not address the foreign makers who can produce product at subsistence wages and with which Carrier will have to compete.
Most of all it is a selective, one off deal, and largely aimed at public relations. The ONLY real answer to rebuilding an integrated national industrial economy is TARIFFS, systematic, pemanent and purpose built. That is the way the American economy grew under the American System of Political Economy instituted by Alexander Hamilton and it is the ONLY way to reestablish equitable prosperity in America.
I'll take this as a first shot in an engagement that will have to go on for decades. If Trump deems some slip shod program of negotiating 'deals' with invidual firms threatening to move operations off shore as sufficient.. he will find himself completely unable to keep his campaign promises and he will be deemed as having been coopted by the NeoCons.
And he will find a more aggressive and tougher breed of economic nationalist moving around him to reclaim the nation. It's really up to him as to whether he'll lead or follow.
At the end of the day, most men and women don't give a sh#t about the method or what it will cost the poor government or by extension, themselves to keep companies from closing, they only want to keep their roof and continue to be able to eat and that means keeping their job.
...or real conservatives. That's why the Trumpites can't actually defend this left-wing nuttery. They all pretend to be conservative. It's quite a conundrum.
Sarah Palin: Trump's Carrier deal is 'crony capitalism'
Another conservative is calling “crony capitalism” on Donald Trump’s deal with Carrier, albeit an unexpected one — Sarah Palin.
In an op-ed for the website Young Conservatives, the former Alaska governor allowed that the details behind the manufacturer’s decision to keep some 1,000 jobs in Indiana at the president-elect’s behest, rather than move them to Mexico, are not yet clear. But touting the value of free markets, Palin signaled her disapproval if it was a case of “political intrusion using a stick or carrot to bribe or force one individual business to do what politicians insist.”
“When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent,” she asserted.
And in an apparent jab at Trump, whom she famously endorsed in a rambling speech earlier this year, she asked: “Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.”
Read more: Sarah Palin: Trump's Carrier deal is 'crony capitalism' - POLITICO
Even some conservatives call it corporate welfarism.
other conservatives join with her in objecting to this form of CORPORATE WELFARISM:
Team Trump dishes out generous corporate welfare to Carrier using taxpayer money before it even takes office - AEI | Carpe Diem Blog » AEIdeas
Trump's Carrier deal confuses corporate welfare with free markets | Washington Examiner
The approach in totally invalid. Yes he has saved some jobs and he did more than Obama did to save jobs and more than Hillary would have but a comprehensive trade policy would have saved all the jobs............
“Companies are not going to leave the United States anymore without consequences. Not going to happen. It’s not going to happen, I’ll tell you right now,” Trump said during a speech at the factory.
What Trump didn’t mention, either then or during a subsequent “thank you” rally later Thursday in Cincinnati, is that the deal he and VP-elect Mike Pence helped broker won’t prevent Carrier from outsourcing more jobs than are being saved in Indiana.
The company will keep about 800 jobs at the Indianapolis plant, but will still move 600 jobs from Indianapolis to Mexico. Another 700 jobs are being moved to Mexico from a separate factory in Huntington, Indiana, which will be closed.
In sum, about 800 American jobs are being saved, but another 1,300 are disappearing. Those painful details were acknowledged in a letter Carrier sent to affected workers on Thursday that was posted to Twitter by Indianapolis-based journalist Rafael Sánchez.
Trump’s deal with United Technology, the company that owns Carrier, is good news for the workers who will keep their jobs, of course. But doling out huge tax breaks and other incentives to entice companies to keep jobs in the United States is bad economics, as Trump himself acknowledged on the campaign trail when he denounced government officials for believing that providing economic incentives to corporations keeps jobs in the United States.
During a Thursday appearance on CNBC, conservative economic policy analyst Jimmy Pethokoukis went so far as to call Trump’s speech at the Carrier plant “absolutely the worst speech” about economics in more than 30 years.
https://thinkprogress.org/carrier-letter-trump-doesnt-want-you-to-read-bccb2eee9c3d#.2a8la4hfo
“Companies are not going to leave the United States anymore without consequences. Not going to happen. It’s not going to happen, I’ll tell you right now,” Trump said during a speech at the factory.
What Trump didn’t mention, either then or during a subsequent “thank you” rally later Thursday in Cincinnati, is that the deal he and VP-elect Mike Pence helped broker won’t prevent Carrier from outsourcing more jobs than are being saved in Indiana.
The company will keep about 800 jobs at the Indianapolis plant, but will still move 600 jobs from Indianapolis to Mexico. Another 700 jobs are being moved to Mexico from a separate factory in Huntington, Indiana, which will be closed.
In sum, about 800 American jobs are being saved, but another 1,300 are disappearing. Those painful details were acknowledged in a letter Carrier sent to affected workers on Thursday that was posted to Twitter by Indianapolis-based journalist Rafael Sánchez.
Trump’s deal with United Technology, the company that owns Carrier, is good news for the workers who will keep their jobs, of course. But doling out huge tax breaks and other incentives to entice companies to keep jobs in the United States is bad economics, as Trump himself acknowledged on the campaign trail when he denounced government officials for believing that providing economic incentives to corporations keeps jobs in the United States.
During a Thursday appearance on CNBC, conservative economic policy analyst Jimmy Pethokoukis went so far as to call Trump’s speech at the Carrier plant “absolutely the worst speech” about economics in more than 30 years.
https://thinkprogress.org/carrier-letter-trump-doesnt-want-you-to-read-bccb2eee9c3d#.2a8la4hfo
Is it any wonder that true conservatives like myself have little use for Trump economics. It's interesting that none of the Trumpites on this forward are willing to address their support of left-wing economic policy. They must be hiding in their safe spaces.
Re: United Technologies just took Trump hostage and won.
Unfortunately, whoever wrote that article is wrong! Trump didn't say he was going to "tax the hell" out of them IF THEY STAYED. He was going to tax the hell out of them IF THEY WENT by taxing whatever product it was they were going to be importing back into the US! Honestly, some people kids just can't get anything right!
JMHO
Ummm like the Liberals do with Bombardier? The only difference is Bombardier doesn't threaten to move - they threaten lay offs instead. Besides, knowing their history for going to government for money, no other country would want them LOL
JMHO
Unfortunately, whoever wrote that article is wrong! Trump didn't say he was going to "tax the hell" out of them IF THEY STAYED. He was going to tax the hell out of them IF THEY WENT by taxing whatever product it was they were going to be importing back into the US! Honestly, some people kids just can't get anything right!
JMHO
Ummm like the Liberals do with Bombardier? The only difference is Bombardier doesn't threaten to move - they threaten lay offs instead. Besides, knowing their history for going to government for money, no other country would want them LOL
JMHO
Yes, we are all aware of MFs saltiness but how about you try and defend your support of left-wing economic policies. Perhaps, if you tried, you wouldn't be getting your *** handed to you repeatedly by her
That's OK dear. Hopefully somebody can take the necessary time required to explain it to you.
Yes, exactly like Bombardier. Thanks for proving my point.
it just keeps getting better...and the man hasn't even got the stink out of the white house. :lol:
Trump Targets Second Plant Over Plans to Shift to Mexico...
FORD Open to Deals to Keep Jobs in USA...
Charm of Not Being Obama...
praise be to pepe.
Trump Targets Second Plant Over Plans to Shift to Mexico...
FORD Open to Deals to Keep Jobs in USA...
Charm of Not Being Obama...
praise be to pepe.
It isn't like the move will create an export market that topples China. What it will do is allow one company to be able to bid on AC units that go along with the upgrading that will demand. Rather than 10 suppliers making 10 different units where no parts interchange this one company can supply the whole US with modular units that are suitable for new construction or retrofitting a cabin in some remote location.
The same went with autos, approach one with a vision that they become the monopoly for the US market and imports will be made so expensive nobody could afford then. The main reason people would buy Ford is the product is pretty damn nice even if the gold trim package might be a bit overpriced. Now that V-10 option is one worth having if you need it.
If the US wants to act like a corporation then make it one that is successful for the 'new owners' , the voters in America. A company that is operating in the black doesn't have sections that work against themselves.
It is also unlikely he saves a company if there is not going to be a lot of work for then in a no-bid contract.
The same went with autos, approach one with a vision that they become the monopoly for the US market and imports will be made so expensive nobody could afford then. The main reason people would buy Ford is the product is pretty damn nice even if the gold trim package might be a bit overpriced. Now that V-10 option is one worth having if you need it.
If the US wants to act like a corporation then make it one that is successful for the 'new owners' , the voters in America. A company that is operating in the black doesn't have sections that work against themselves.
It is also unlikely he saves a company if there is not going to be a lot of work for then in a no-bid contract.
Well at least you guys found a spam line to replace selfie.
I'm sure it will be just as effective.
The Salt-Right.
Really? You think handing millions of taxpayers dollars over to a corporation isn't left-wing? What do you call it when the Liberals do it with Bombardier?