Carrier just showed corporations how to beat Donald Trump

[tokilamockingbrd]

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.