Trump Reaches Deal to Keep Carrier Factory, Jobs in Indiana: Report

a reply to: IAMTAT

A great Job by our President-elect! His positive influence in the business world is JUST ONE of the reasons why Mr. Trump will be a GREAT President.

a reply to: Grimpachi

Do you? What does that have to do with anything anyway?

originally posted by: carewemust
a reply to: IAMTAT

A great Job by our President-elect! His positive influence in the business world is JUST ONE of the reasons why Mr. Trump will be a GREAT President.

This country could sure do with a GREAT President...It's been waaaay too long since we've had one.

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.

Guarantee it's tax breaks for the corporation i.e. corporate welfare.

originally posted by: Blueracer
In this case, people keep their jobs instead of becoming unemployed and relying on the welfare system to make it.

See that folks? It's OK if a corporation is on the welfare system but it's not OK if people are. Your tax dollars hard at work to keep rich people rich.

a reply to: links234

And if they had moved to Mexico? What do you think would have happened to the workers then?

originally posted by: links234

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.

Guarantee it's tax breaks for the corporation i.e. corporate welfare.

originally posted by: Blueracer
In this case, people keep their jobs instead of becoming unemployed and relying on the welfare system to make it.

See that folks? It's OK if a corporation is on the welfare system but it's not OK if people are. Your tax dollars hard at work to keep rich people rich.

First you guarantee it's tax breaks without knowing the "incentives " and then proceed to create an argument against Corporate welfare vs. Public welfare based on your own assumption.

Do you need us here?

Swing for the fences President Trump. Ignore the liberal tears.

The Country NEEDS you to save it from the progressive hell hole it is in.

a reply to: IAMTAT

It reads a lot to me like he's giving them subsidies to make up the difference in revenue between the US and Mexico plants. Should the government really be giving one company subsidies, and not to their competitors? Especially when the reason is blackmail over sending away jobs?

Is that actually a deal? It sounds to me like the taxpayers are losing out.

originally posted by: In4ormant
First you guarantee it's tax breaks without knowing the "incentives " and then proceed to create an argument against Corporate welfare vs. Public welfare based on your own assumption.

Do you need us here?

What other incentives would it be? It's not the environmental regulations that make Mexico more appealing, it's the dollars exchange rate. If he didn't give them tax breaks he's outright giving them cash. It can only be one of those two things.

a reply to: Aazadan

Trump is giving a rally in Cincinnati on Thursday...perhaps he'll reveal more details then.
#Thankyoutour2016:
twitter.com...

originally posted by: IAMTAT
C'mon people 'Lefties' and 'Righties' alike...tell me you're not impressed by this.

Too soon. Way too soon.

Don't know what deals were made - - and who its gonna cost in the end.

originally posted by: Aazadan

originally posted by: In4ormant
First you guarantee it's tax breaks without knowing the "incentives " and then proceed to create an argument against Corporate welfare vs. Public welfare based on your own assumption.

Do you need us here?

What other incentives would it be? It's not the environmental regulations that make Mexico more appealing, it's the dollars exchange rate. If he didn't give them tax breaks he's outright giving them cash. It can only be one of those two things.

Assume much?

Looks like the taxpayers are going to have to foot the bill either way. IF corporate welfare was the bargaining chip used in the deal to keep Carrier here. If that is the case then really it doesn't matter if they stay or move to Mexico it's just a matter of who you want to pay welfare for, the business or the unemployed workers if the business moves.

originally posted by: Blueracer
a reply to: links234

And if they had moved to Mexico? What do you think would have happened to the workers then?

The workers would've been covered by a short time by their union coupled with some coverage by unemployment. I'm not sure if Indiana expanded Medicare coverage from Obamacare but the employees likely could use that to cover their healthcare costs, if any. Meanwhile, their employers will cut the upper-management at the plant some golden parachutes because they 'did the best they could' and the UTX stock price would bump up a few cents.

But now, 1000 people keep their union jobs, Trump gets to look good to his supporters and the Indiana taxpayers (including the employees) will have to cover the hundreds of thousands, if not millions, in tax dollars that Indiana has just lost so the Carrier could be bribed into staying.

The end result of this? Carrier makes more money, the employees don't see a raise and Indiana's budget goes deeper toward the red.

originally posted by: links234

originally posted by: Blueracer
a reply to: links234

And if they had moved to Mexico? What do you think would have happened to the workers then?

The workers would've been covered by a short time by their union coupled with some coverage by unemployment. I'm not sure if Indiana expanded Medicare coverage from Obamacare but the employees likely could use that to cover their healthcare costs, if any. Meanwhile, their employers will cut the upper-management at the plant some golden parachutes because they 'did the best they could' and the UTX stock price would bump up a few cents.

But now, 1000 people keep their union jobs, Trump gets to look good to his supporters and the Indiana taxpayers (including the employees) will have to cover the hundreds of thousands, if not millions, in tax dollars that Indiana has just lost so the Carrier could be bribed into staying.

The end result of this? Carrier makes more money, the employees don't see a raise and Indiana's budget goes deeper toward the red.

What makes you think they were paying millions in tax dollars to begin with?

DT makes Obama and Hillary look like to slacker losers already.He makes deals to get things done.

originally posted by: TDawg61
DT makes Obama and Hillary look like to slacker losers already.He makes deals to get things done.

Wait until he has his own "baggage" as a politician.

He has plenty as a civilian.

UT pays hundreds of millions in taxes.

UT Taxes

Not to mention payroll taxes.

a reply to: In4ormant

Its decision was based largely because of the $65 million that executives say they will save by moving to Monterey, Mexico - despite political broadsides from Trump, former Democratic candidate Bernie Sanders and many others.

I'm sure not all of that was just operating costs and employee pay.

originally posted by: IAMTAT
a reply to: Aazadan

Trump is giving a rally in Cincinnati on Thursday...perhaps he'll reveal more details then.
#Thankyoutour2016:
twitter.com...

Perhaps he will, I'm willing to wait for details. It seems you weren't willing to wait for details before praising him though.