tokilamockingbrd said:
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. |
I never said he was stupid. But he's also gone bankrupt 4 times himself, a lot of his talk his bluster and exagerration and a lot of his business prowess is exagerrated too. He is hardly the best businessman America has to offer.
Tax breaks are fine, but they don't change the fundamental issue that there are 10-20 Mexicans/Chinese/etc. willing to do any job Americans are willing to do for 1/6 the salary. There is no "tax break" that changes this. Beyond that there is automation which is becoming even cheaper than any kind of human labor.
"Tax breaks fix everything" doesn't always work. In fact it doesn't work in many instances.
Manufacturing is a complex issue, for example do you know that there is more manufacturing in the US today inflation adjusted than at any point in the history of the country? Most people don't know that. It only requires 1/3 the work force because of technology advances. Even 30 years ago most companies had to employ like 3x as many secretaries but today PCs and the internet streamline tasks so much so that there's simply no need to hire that many people.
I'm just saying relative to this deal, I think it's a poor deal. This is a deal where the US gov't had everything going for it and all the leverage in the world, to walk out of this and still lose more than 50% of the jobs is a shitty job IMO.