By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - Politics Discussion - Carrier just showed corporations how to beat Donald Trump

Bandorr said:

It is concerning to a point.  Donald Trump has made it so obvious this is goal is "keep jobs in america" that you start to wonder "at what cost".

I mean this was pretty much win win for Carrier. They either move the jobs away and save money - or they get bribed with tax credits to stay.

So pretty much as long as a company is willing to move their jobs they can just threaten to do so and get bribed to stay.

It does not set a good precedent.

So you think tax credits are always a form of bribery?

Like politicians, employees must keep their employer accountable. In my case, I work for Nucor Corporation, and we are a steel company. Former CEO of Nucor is Dan DiMicco who was one of Trump's aids during the election which I am very proud of. Nucor has an incentive program in which the more money we can save and the more money we can make, that money goes back to the pockets of all their employees, not upper management. Tax breaks will work in the favor of Nucor and its employees. With that being said and specifically for my household, we have a line item in the budget which helps financially assist us in helping the poor and disenfranchised and the lost out of my household's own pocket outside of any charity or Ministry. So the less funds Nucor as a company are required to shell out in taxes, that money goes back to employees such as myself that would help better my family and those around me. This is what makes America great.



Around the Network
tokilamockingbrd said:
Bernouts, this is the point where you realize that you dodged a bullet by Hillary cheating him out of the nomination. The oldman socialist who has never held a real job in his life is clueless as to how economics work.

The State of Indiana will get back their 7 mil (10 year) investment in about 6 months... Those 1100 works will be making money, they will be taxed federally and state on their wages. Then then they will buy things and pay sales tax on those purchases. That is not even to mention the other local jobs that would have been collatoral damage from Carrier leaving.

Does Bernie though a bitch fit every time a city gives incentives to a profession sports team to stay or move to their city?

The investment is not really the issue. That's fine. 

The fact that this is the best deal they could get is the issue because it shows Trump is going to be pretty impotent against outsourcing. 

This is a cherry picked company (Carrier) that was perfect to lay down the law with. Their parent company has 5 billion+ in government contracts (meaning 5 billion in US tax payer money). This was a relatively small number of jobs 2000. They were put under a public microscope by being dragged into the US election stuff. You have the president elect directly getting involved. 

And the *best* they could do is save <50% of these jobs. 

That's pathetic, I'm sorry, but it shows the government really can't do shit to these companies. Most companies don't have billions of dollars in defence contracts with the US gov't, in a situation like this they would just tell the gov't to go pound sand. And rightfully so. 

Trump said he would impose 35% tarrifs on companies that did what Carrier is doing. He has backtracked on this already. 



Egelo said:
Soundwave said:

Except Trump already waffled on his "plan". 

He said he would impose 35% tarrifs on a company like Carrier to taking jobs to Mexico. Well, he had a chance here to hold firm on that.

Instead Carrier is getting to move 1000+ jobs to Mexico and getting a tax break on top of that. 

A lot of Trump's talk was just that -- talk. He's not nearly as tough on these companies as he said he would be. 

 

Well gee hes not actually the president yet lol, how exactly is the pres elect supposed to enact any sort of tariif when hes not actually in office yet ?

a little common sense would help.   

He could say straight up, keep those 2000 jobs here, or when I am in office in January, I am going to enact 35% tariffs against you. Presumably Carrier plans on staying in business past this December? But he was never going to do that, it was all talk. 



Soundwave said:
Egelo said:

 

Well gee hes not actually the president yet lol, how exactly is the pres elect supposed to enact any sort of tariif when hes not actually in office yet ?

a little common sense would help.   

He could say straight up, keep those 2000 jobs here, or when I am in office in January, I am going to enact 35% tariffs against you. Presumably Carrier plans on staying in business past this December? But he was never going to do that, it was all talk. 

And what Obama going to do any better? What about Hillary? And let's stay on topic about the situation with Carrier.



Egelo said:
Soundwave said:

Except Trump already waffled on his "plan". 

He said he would impose 35% tarrifs on a company like Carrier to taking jobs to Mexico. Well, he had a chance here to hold firm on that.

Instead Carrier is getting to move 1000+ jobs to Mexico and getting a tax break on top of that. 

A lot of Trump's talk was just that -- talk. He's not nearly as tough on these companies as he said he would be. 

 

Well gee hes not actually the president yet lol, how exactly is the pres elect supposed to enact any sort of tariif when hes not actually in office yet ?

a little common sense would help.   

he also said he wants to cut corporate taxes which would be a bigger incentive than Carrier got. 

This was just a test drive of his theory. When he goes to congress it will give him ammo. "Look we got Carrier to stay for a measly 7 million dollar tax break over 10 years, imagine the jobs that will come back or be created if we lower the tax rate to 15%".

Just remember Trump will always be a few steps ahead of you. While you are trying find reason why 1100 people keeping good paying jobs is a bad thing he is already prepping for his next move. The media still has not figured this out.... Trump picks controversial cabinet person, 1 hour later makes a tweet about flag burning.... No one is talking about controversial cabinet pick... 

Trump's biggest advantage is liberals think he is stupid. Liberals always make this mistake, they assume if someone is not "enlightened" like them they must be an idiot. In the meanwhile the person they underestimate runs circles around then. 



psn- tokila

add me, the more the merrier.

Around the Network
LivingMetal said:
Soundwave said:

He could say straight up, keep those 2000 jobs here, or when I am in office in January, I am going to enact 35% tariffs against you. Presumably Carrier plans on staying in business past this December? But he was never going to do that, it was all talk. 

And what Obama going to do any better? What about Hillary? And let's stay on topic about the situation with Carrier.

Trump is the president-elect, this is a campaign issue for him. He's the one that made these big outlandish claims, now he can be held on the hook for delivering or not. 

This should have been an easy slam dunk for the government. 2000 piddly little jobs is nothing to Carrier's parent company, not compared to billions in defence contracts they get from the US gov't. 

And still Carrier manages to move 1000+ jobs and get a tax break on top of it, lol. Trump is the one that played up all this "I'm going to negotiate the best deals, the best". This is the best deal? Any moron could've negotiated this given the leverage here. 

What are you going to do when you have to deal with a company that has zero defence contracts with the US gov't. Maybe they'll leave 10% of the jobs? Is that a win too? 



Soundwave said:
Egelo said:

 

Well gee hes not actually the president yet lol, how exactly is the pres elect supposed to enact any sort of tariif when hes not actually in office yet ?

a little common sense would help.   

He could say straight up, keep those 2000 jobs here, or when I am in office in January, I am going to enact 35% tariffs against you. Presumably Carrier plans on staying in business past this December? But he was never going to do that, it was all talk. 

Moving goal post now.  When facts dont pan your way just go on a tirade ehh.

Hes not in a position to do things, so yahh reality please.  When hes inagurated and the actual president we shall see just how far he goes and what he does.

Funny enough actuual legt people close to the situation feel differently then you with your angst driven point of view.

http://www.cnbc.com/2016/12/02/mexico-reacts-to-carrier-deal-trump-is-telling-the-truth.html

Jaime Garcia Astorga, secretary of economic development of Santa Catarina in the state of Nuevo Leon

"Mr. President Trump is telling the truth. I don't know if it is correct or not correct, but he is telling the truth," Garcia said. "And he is making the thing that he has promised."



Its a good thing college educated people in america don't trust the news anymore...

you do know that manufacturing is 1/3 of an economy....everyone 1 manufacturing job creates 2 service jobs...and when you have 3 new jobs created...well shucks those people need to eat



If he was smart he would have threatened to kill the billions in government contracts that the owner of carrier has with the US. Instead he gives them tax breaks and jobs still go to mexico. And no tariff? Bad business Donny behind the wheel. He's gonna steer us off a cliff.



Soundwave said:
tokilamockingbrd said:
Bernouts, this is the point where you realize that you dodged a bullet by Hillary cheating him out of the nomination. The oldman socialist who has never held a real job in his life is clueless as to how economics work.

The State of Indiana will get back their 7 mil (10 year) investment in about 6 months... Those 1100 works will be making money, they will be taxed federally and state on their wages. Then then they will buy things and pay sales tax on those purchases. That is not even to mention the other local jobs that would have been collatoral damage from Carrier leaving.

Does Bernie though a bitch fit every time a city gives incentives to a profession sports team to stay or move to their city?

The investment is not really the issue. That's fine. 

The fact that this is the best deal they could get is the issue because it shows Trump is going to be pretty impotent against outsourcing. 

This is a cherry picked company (Carrier) that was perfect to lay down the law with. Their parent company has 5 billion+ in government contracts (meaning 5 billion in US tax payer money). This was a relatively small number of jobs 2000. They were put under a public microscope by being dragged into the US election stuff. You have the president elect directly getting involved. 

And the *best* they could do is save <50% of these jobs. 

That's pathetic, I'm sorry, but it shows the government really can't do shit to these companies. Most companies don't have billions of dollars in defence contracts with the US gov't, in a situation like this they would just tell the gov't to go pound sand. And rightfully so. 

Trump said he would impose 35% tarrifs on companies that did what Carrier is doing. He has backtracked on this already. 

In reality this deal was mike pence. He is still the governer of indiana that is why they had some power to make it happen. Trump was the driving force behind it maybe, but it was Pence's deal to make. 

Also, that is not exactly what trump said. He wants to lower corporate taxes, reduce costly regulation, and recreate other incentives to spur on job creation. The tariff would only happen once all those things were in place and the company still wants to leave. We can know if he is keeping his promise on that until taxes are lowered, regulations are cut and companies still try to leave.

As things stand now Trump understands why they want to leave. He is a businessman, he knows what factors cause even him to produce some of his products overseas. 



psn- tokila

add me, the more the merrier.