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Trump Goes Leftist to Save Carrier Jobs

calamity

calamity

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Excellent. Libertarians are going to whine...if they are ideologically astute enough to realize they should. That is.

Carrier says it has struck a deal with Trump to keep jobs in Indiana - Nov. 29, 2016


Well, at least one is.
In response to a CNBC report that Carrier will receive "new inducements" from Indiana, trade attorney Scott Lincicome, an adjunct scholar at the libertarian Cato Institute, criticized the deal.
"'New inducements'" = Subsidies," Lincicome wrote, adding "CONGRATULATIONS INDIANA TAXPAYERS! YOU INVOLUNTARILY BOUGHT AN INEFFICIENT AC FACTORY."
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Another smart guy seems to get it.

Justin Wolfers, a professor of economics at the University of Michigan, commented that the deal could set a troubling precedent.
"Every savvy CEO will now threaten to ship jobs to Mexico, and demand a payment to stay," Wolfers wrote on Twitter, adding "great economic policy."
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Well, from a selfish POV, **** the libertarians and econ geniuses, buying jobs is certainly one way to make America Great again.

Trump, the new FDR.
 
calamity said:
Excellent. Libertarians are going to whine...if they are ideologically astute enough to realize they should. That is.

Carrier says it has struck a deal with Trump to keep jobs in Indiana - Nov. 29, 2016


Well, at least one is.


Another smart guy seems to get it.



Well, from a selfish POV, **** the libertarians and econ geniuses, buying jobs is certainly one way to make America Great again.

Trump, the new FDR.
Click to expand...

He's a protectionist liberal. Said it two years ago; still say it today. Economically, he and Sanders are very similar.
 
"Under a deal negotiated by Vice President-elect Mike Pence and UTX CEO Greg Hayes, the company will now keep most of those jobs in Indiana, sources close to the matter told CNBC.

While terms of the deal are not yet clear, the sources indicated there were new incentives on offer from the state of Indiana, where Pence is governor, that helped clear a path for the agreement."

"While UTX was seeking the savings that would come from moving some production to Mexico, people familiar with the situation indicated that the savings were not worth incurring the wrath of the incoming administration, including the potential threat to the significant business that UTX currently conducts with the U.S. government, largely in the form of orders for jet engines and other defense-related equipment."

http://www.cnbc.com/2016/11/29/trum...000-carrier-corp-jobs-in-indiana-sources.html
 
Orly? said:
"Under a deal negotiated by Vice President-elect Mike Pence and UTX CEO Greg Hayes, the company will now keep most of those jobs in Indiana, sources close to the matter told CNBC.

While terms of the deal are not yet clear, the sources indicated there were new incentives on offer from the state of Indiana, where Pence is governor, that helped clear a path for the agreement."

"While UTX was seeking the savings that would come from moving some production to Mexico, people familiar with the situation indicated that the savings were not worth incurring the wrath of the incoming administration, including the potential threat to the significant business that UTX currently conducts with the U.S. government, largely in the form of orders for jet engines and other defense-related equipment."

http://www.cnbc.com/2016/11/29/trum...000-carrier-corp-jobs-in-indiana-sources.html
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Makes me wonder why Obama could figure out how to go FDR like Trump. But, it is what it is.
 
calamity said:
Excellent. Libertarians are going to whine...if they are ideologically astute enough to realize they should. That is.

Carrier says it has struck a deal with Trump to keep jobs in Indiana - Nov. 29, 2016


Well, at least one is.


Another smart guy seems to get it.



Well, from a selfish POV, **** the libertarians and econ geniuses, buying jobs is certainly one way to make America Great again.

Trump, the new FDR.
Click to expand...

How do you know they will receive subsidies, when the details of the deal haven't been released? Carrier has been vocal about taxes and regulations being responsible for their move to Mexico. How do you know corporate tax rates and easing of regulations aren't in the deal? Oh, that's right.....you don't. :roll:
 
calamity said:
Makes me wonder why Obama could figure out how to go FDR like Trump. But, it is what it is.
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Obama is more than happy to see Americans destitute if they aren't going to vote for him. Obama winning Indiana in 2008 was a fluke.
 
calamity said:
Excellent. Libertarians are going to whine...if they are ideologically astute enough to realize they should. That is.

Carrier says it has struck a deal with Trump to keep jobs in Indiana - Nov. 29, 2016


Well, at least one is.


Another smart guy seems to get it.



Well, from a selfish POV, **** the libertarians and econ geniuses, buying jobs is certainly one way to make America Great again.

Trump, the new FDR.
Click to expand...

Not sure your two guys in your quote are not just a tad overreacting here. Local governments and state governments offer incentives all the time to companies to either relocate to their area or to stay in their area. This seems not that much different to me. The precedence was set decades ago - it's called competition between the states, but now on an international level. We want companies to stay here instead of moving out of the country? Then we have to stop beating them about the head and shoulders with taxes, regulatory restrictions/costs, and wage requirements (ACA, and so on) that make them staying here in the US a bad business choice.
 
calamity said:
Excellent. Libertarians are going to whine...if they are ideologically astute enough to realize they should. That is.

Carrier says it has struck a deal with Trump to keep jobs in Indiana - Nov. 29, 2016


Well, at least one is.


Another smart guy seems to get it.



Well, from a selfish POV, **** the libertarians and econ geniuses, buying jobs is certainly one way to make America Great again.

Trump, the new FDR.
Click to expand...

I don't think you're going to like anything Trump does. If he failed to retain the factory you'd be slamming him for that, too.
 
Always favors big companies. In this case, one that already gets $5B+/year in federal purchases...I'm in the wrong MF business.
 
Beaudreaux said:
Not sure your two guys in your quote are not just a tad overreacting here. Local governments and state governments offer incentives all the time to companies to either relocate to their area or to stay in their area. This seems not that much different to me. The precedence was set decades ago - it's called competition between the states, but now on an international level. We want companies to stay here instead of moving out of the country? Then we have to stop beating them about the head and shoulders with taxes, regulatory restrictions/costs, and wage requirements (ACA, and so on) that make them staying here in the US a bad business choice.
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I don't agree with the two guys in the quote, but Righties should. Nonetheless, I like the deal, but I'm a statist when it comes to make-work and keeping companies in the house.
 
Mach said:
Always favors big companies. In this case, one that already gets $5B+/year in federal purchases...I'm in the wrong MF business.
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Employ a 1000 people in a Red sate, and threaten to move the jobs to Mexico. Then open your hand, coins are bound to appear.
 
LowDown said:
I don't think you're going to like anything Trump does. If he failed to retain the factory you'd be slamming him for that, too.
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I'm not slamming him. But, I do enjoy watching him destroy both conservatism and libertarianism in one full swoop. I love watching you all sell out your ideological principles for the new Messiah. This **** is great.
 
calamity said:
Employ a 1000 people in a Red sate, and threaten to move the jobs to Mexico. Then open your hand, coins are bound to appear.
Click to expand...
All my competition is now in Asia, India primarily, and we've sent it there for so long they have the infrastructure to continue it, without is sending them the jobs...
 
calamity said:
I don't agree with the two guys in the quote, but Righties should. Nonetheless, I like the deal, but I'm a statist when it comes to make-work and keeping companies in the house.
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I'm not a statist, but I am in favor of public/private partnerships that do not negatively impact competition or the free market. If a local government or state can help their citizens to acquire a job so that they are no longer a financial burden to the rest of the tax paying citizens, and the government gets tax revenue to boot, then I'm all for it. The devil is in the details, however. Not all deals between government and private entities is a good deal for both parties, with the actual people being those that have to live with what the government agrees to do, or not do. Each deal must be evaluated on a cost/benefit analysis basis.
 
Mach said:
All my competition is now in Asia, India primarily, and we've sent it there for so long they have the infrastructure to continue it, without is sending them the jobs...
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I totally understand. Believe me. That's why I favor using statist principles to keep and bring jobs back to the US. It's really the only way: a partnership between business and government.

I just never expected the Right Wingnuts to be on my side in that effort. This is great.
 
Harshaw said:
He's a protectionist liberal. Said it two years ago; still say it today. Economically, he and Sanders are very similar.
Click to expand...

Protectionist liberal. I'm gonna have to look into that one.
 
Beaudreaux said:
I'm not a statist, but I am in favor of public/private partnerships that do not negatively impact competition or the free market. If a local government or state can help their citizens to acquire a job so that they are no longer a financial burden to the rest of the tax paying citizens, and the government gets tax revenue to boot, then I'm all for it. The devil is in the details, however. Not all deals between government and private entities is a good deal for both parties, with the actual people being those that have to live with what the government agrees to do, or not do. Each deal must be evaluated on a cost/benefit analysis basis.
Click to expand...

Oh, I am totally in favor of the government using it's purse and power to keep and make jobs. I love this. I'm just surprised to see the Right trip over themselves with the same joy as I am. It's about time the government did this sort of thing. I hope we see more. Much more.

Next on the list: high speed trains and modern airports, upgraded inner cities, new highways and maybe a solid new energy-based economy: nuclear plants, clean coal, expanded shale and fracking.
 
azgreg said:
Protectionist liberal. I'm gonna have to look into that one.
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It's actually FDR like leftism: using government purse and power to move things forward. Maybe Trump has a TVA like plan in mind and the GOP Congress will be too afraid of repercussions to deny him.

IMO, it's the best kind of Leftism. Economic assistance to expand industry so we do not become a feudal economy.

Trump spreading the wealth around. Who'd have thunk it.
 
calamity said:
It's actually FDR like leftism: using government purse and power to move things forward. Maybe Trump has a TVA like plan in mind and the GOP Congress will be too afraid of repercussions to deny him.

IMO, it's the best kind of Leftism. Economic assistance to expand industry so we do not become a feudal economy.

Trump spreading the wealth around. Who'd have thunk it.
Click to expand...

More like remitting extortion money with tax payer dollars that will greatly exceed any revenue generated through the employment of the 1,000 people we're talking about.
 
Mach said:
Always favors big companies. In this case, one that already gets $5B+/year in federal purchases...I'm in the wrong MF business.
Click to expand...

Do you "get" federal contracts? Or do you earn them?

I am totally against all subsidies....farm, corporate, etc

But contracts? We use them in business everyday....I pay x to get y....

Or you pay me x to get my y....

Those aren't subsidies, or giveaways....

Do I think we could do better in procuring products? You bet....

Way too many no bid contracts....or contracts that are over budget before ground is ever broken

Those can be fixed.....if we really wanted to......or congress really wanted to I guess is the better way to say it
 
calamity said:
I'm not slamming him. But, I do enjoy watching him destroy both conservatism and libertarianism in one full swoop. I love watching you all sell out your ideological principles for the new Messiah. This **** is great.
Click to expand...

Except that he hasn't done that. This thread amounts to nothing more than another fake news story. You people will never learn.
 
Napoleon said:
More like remitting extortion money with tax payer dollars that will greatly exceed any revenue generated through the employment of the 1,000 people we're talking about.
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What taxpayer dollars? You have some inside information? Do tell.
 
countryboy said:
What taxpayer dollars? You have some inside information? Do tell.
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I have public knowledge. I know that Carrier claimed that the move to Mexico would save the company $65 million per year. I also know that, as a publicly traded company, United Technologies Corporation answers to shareholders and that flushing a $65 million annual cost savings requires a better reason than Donald Trump's say so.
 
reinoe said:
Obama is more than happy to see Americans destitute if they aren't going to vote for him. Obama winning Indiana in 2008 was a fluke.
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Another wonderful "contribution."
 
calamity said:
Oh, I am totally in favor of the government using it's purse and power to keep and make jobs. I love this. I'm just surprised to see the Right trip over themselves with the same joy as I am. It's about time the government did this sort of thing. I hope we see more. Much more.

Next on the list: high speed trains and modern airports, upgraded inner cities, new highways and maybe a solid new energy-based economy: nuclear plants, clean coal, expanded shale and fracking.
Click to expand...

You'd be damned surprised at how many of those items I agree with you on. I just have certain criteria, lines in the sand if your will, that those projects cannot cross, like competing with private entities and putting them out of business, which is usually very counterproductive for the government to do in regard to tax revenue generation and job production.
 
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