Trump saves Carrier jobs

[bobinthesky]

Originally Posted by Unregistered user

They did when they bought Johnson/Evinrude. So they could own and operate the new factory in Mexico.

Bombardier has a lot of factories outside of Canada. It doesn't ever seem to stop them from having their way with taxpayers cash though.

[Weedy1]

Originally Posted by JamesB

Sure, you figured it all out. Of course what is missing is some proof of how Trump's friends are making a killing on the deal, you know like these ones that the press was all ok with:

https://www.washingtonpost.com/polit...yndra-scandal/
http://dailysignal.com/2012/10/18/pr...ergy-failures/

OK.....??? Not sure what Obama’s Taxpayer-Backed Green energy failures have to do with Trump's deal at this point in time except it's all political BS.

[JamesB]

Originally Posted by Weedy1

OK.....??? Not sure what Obama’s Taxpayer-Backed Green energy failures have to do with Trump's deal at this point in time except it's all political BS.

The difference is that Trump promised to keep jobs in the US by reducing corporate taxes and punishing companies that move out of the country and send products back. Realistic and doable.
Obama made vague promises about green energy jobs being tha way of the future. Fantasy and prone to failure but Democrats got rich as tax payers were fleeced. And the press lapped it up and ignored the failures and corruption.

[Weedy1]

Originally Posted by JamesB

The difference is that Trump promised to keep jobs in the US by reducing corporate taxes and punishing companies that move out of the country and send products back. Realistic and doable.
Obama made vague promises about green energy jobs being tha way of the future. Fantasy and prone to failure but Democrats got rich as tax payers were fleeced. And the press lapped it up and ignored the failures and corruption.

Your statements have absolutely nothing to do with the topic at hand. The OP is about Trump saving Carrier jobs. Speculating what Trump will accomplish or comparing how Obama screwed up to what Trump is doing at present gives no weight to the conversation.

[chasingtail]

Originally Posted by CMichaud

Yep....not so much....

The furnace manufacturer will receive $5 million in tax credits over 10 years in exchange for keeping 1,069 jobs at its Indianapolis plant, with an average wage of $30.91 hour. The company also will receive $1 million in training grants and up to $1 million in additional tax credits based on Carrier's planned $16 million investment in the west-side factory.

http://www.msn.com/en-ca/news/politi...cid=spartanntp

Who cares! I doubt the 5 million in tax credits even comes close to the amount they already invested in the almost complete Mexican factory, it works out to like $800/job besides that's the State of Indiana's business, it's not the Federal governments welfare. . I hope Trump goes after everyone of these greedy American hating Globalist corporations moving jobs overseas. To bad we don't have any strong Nationalist leaders.

[JamesB]

Originally Posted by Weedy1

Your statements have absolutely nothing to do with the topic at hand. The OP is about Trump saving Carrier jobs. Speculating what Trump will accomplish or comparing how Obama screwed up to what Trump is doing at present gives no weight to the conversation.

Funny, I would say the same about your seemingly senseless comments. It appears Trump saved some jobs. So what exactly is your concern?

[Kim473]

Tariffs already on drywall this last fall. Doubled the price of it in Edmonton.

[Weedy1]

Originally Posted by JamesB

Funny, I would say the same about your seemingly senseless comments. It appears Trump saved some jobs. So what exactly is your concern?

Again, you comparing how Obama screwed up to what Trump is doing at present gives no weight to the conversation.

Originally Posted by JamesB

So what exactly is your concern?

See below:

Originally Posted by Weedy1

Trump is setting up a system where there will be companies threatening moves in order to try and cash in on the subsidizes. It will be interesting to see how this plays out.

Furthermore I can understand his concern but for Trump to single out Carrier as an example of outsourcing and threaten tariffs on them is extremely irresponsible and amounts to bullying. If he wants to get outsourcing under control he should be targeting all industries not just Carrier.

[insomniac]

The real kicker is that Trump owns shares in United Technologies which is actually the parent company of Carrier (look it up...). Giving tax credits that benefits your own stock portfolio - Nice deal if you can get it.

And I'll reiterate what other people have said -- you can't give $7,000,000 in tax credits to every company that wants to "leave" (and now they'll probably all ask for it).

[JamesB]

Originally Posted by Weedy1

Again, you comparing how Obama screwed up to what Trump is doing at present gives no weight to the conversation.



See below:



Furthermore I can understand his concern but for Trump to single out Carrier as an example of outsourcing and threaten tariffs on them is extremely irresponsible and amounts to bullying. If he wants to get outsourcing under control he should be targeting all industries not just Carrier.

Who exactly said Trump singled out Carrier for anything? You are stretching reality a bit by trying to be both very specific and vague at the same time. Trump promised he would make the US more business friendly by reducing their tax load as well as regulatory impediments. He also promised to impose duties on COMPANIES that relocate and return products to the US. He seems to have a pretty comprehensive plan ready to implement. The Carrier deal is symbolic but not necessarily reflective of his future plans. The nay saying is simply nonsensical given the facts.

[Weedy1]

Originally Posted by JamesB

You are stretching reality a bit by trying to be both very specific and vague at the same time.

Hey we're living in a Trump world now.

[JamesB]

Originally Posted by Weedy1

Hey we're living in a Trump world now.

No, just more liberal BS. Keep moving the goal posts, keep blaming others, keep ignoring reality.
Very simply here, the goal is to make the US business friendly. The left assumes that the "cost" of not taxing companies into oblivion is unsustainable. In reality, the benefit of not doing so, is that companies grow, pay more employees and pay them more. This benefits society in general much more than trying to redistribute wealth, which inevitably results in everyone except the elites loosing.

[Sigg]

HOPE AND CHANGE. How'd that work out for the other side with Obama? The average American has to be the dumbest person walking the planet with the shortest memories. Their love of this political theatre is going to be their downfall(actually, it already is past the point of no return). Each new president allows the corporate criminals another 4 or 8 years to milk the country dry. The stock market no longer reflects the overall health of the American economy.

Indiana tax payers better figure it out right quick that they are on the hook for this corporate bailout.
Like said before, Carriers parent company does billions in business with the government each year. United Technologies is almost a poster child of the "old boys club."
Hey Trump, you con man, why don't you look at how many thousands of jobs Carrier has outsourced around the world including Latin American, SE Asia, etc.

[CMichaud]

Saw this today - not sure if had been brought up.

http://www.cbc.ca/radio/asithappens/...jobs-1.3885432