Trump has a secret weapon on jobs and trade

Wonder where we would be if out leaders had 1/2 the guts of Trump for the last 25 years? Ford-check Carrier-check GM-?.

Ford announced that it would not invest in operations in Mexico, it will create 700 new jobs in Mich. This follows Carrier that said it will save US jobs too. This is all Trump effect.

Ford Motor announced Tuesday that it would not invest in new manufacturing operations in Mexico, and instead would create 700 new jobs in Michigan. This follows on the heels of a similar announcement by the United Technologies unit, Carrier, in November that it would save hundreds of jobs at an Indiana plant, and not move them to Mexico.
These moves did not take place in a vacuum. In each case, the companies faced an implicit, and sometimes explicit, threat from President-elect Donald Trump.

His detractors will say that it is only a few thousand jobs, but just the threat of tariffs from an adult like Trump, is enough to suddenly make keeping jobs here a good idea. Just a threat, and Trump isn't president yet.

Many will point out that in these cases, we are talking about at most a few thousand jobs. Still, it is stunning to consider that all of this has happened in the weeks before Trump assumes presidency and that it has happened as a result of threats, not actions.
And that may be an important harbinger about how the Trump administration will deal with economic and, in particular, trade issues after January 20.
Trump won, after all, in large part on a promise to reopen boarded up factories, keep jobs in the United States and "rip up" unfair trade deals.

a reply to: seasonal

Trump has a secret weapon on jobs and trade

Not so secret.....it's called MONEY!!!

Carrier is getting 7 million in tax breaks to save 730 jobs. Ford says they're staying because of tax incentives.

$$$$$$$$$$$$$$$$$$$$$$$$$$$

a reply to: windword

Agreed, they will have to stand on their own 2 feet. The tax payer already should own 50% of the banks. We don't need a car co and an air conditioning co.

a reply to: windword

Sure, tax 'em to death so there's no more jobs.

a reply to: xuenchen


Do you understand what tax incentives are?

If the auto industry didn't pay taxes on their profits, to help pay for the roads the vehicles they make use, how profitable do you think they'd actually be?

a reply to: seasonal
Bernie said 1 in 4 Corporations doesn't pay any Taxes, under tRump it will 1 in 1000 pays Taxes, most will probably get cash back like Facebook.

How the hell does this help?

originally posted by: windword
a reply to: xuenchen


Do you understand what tax incentives are?

If the auto industry didn't pay taxes on their profits, to help pay for the roads the vehicles they make use, how profitable do you think they'd actually be?

Help pay for the roads they use??? If the federal and state gov'ts merely used the gas and diesel taxes they already collect on the infrastructure, there would never have been an issue with an aging system.

a reply to: seasonal

why not? then the government could give all the welfare folks a free car, free air conditioner to go along with their free Obama phones, free Obamacare, and free foodstamps.

a reply to: xuenchen

The big boys taxes are not bad, I can't say how much carrier and Ford pay, but it all gets rolled up into the cost of the product.

Some one has to pay for the roads, sewers, infrastructure that the corps enjoy. If I can have a good job with all the other people who want one, tax incentives maybe the way to go until we can get to a flat tax.

Is the tax excuse just as invalid as the shipping labor to third world countries excuse? Trump is calling their bluff and suddenly the jobs can stay.

We have past the point of no return we will never pay off the debt no matter how high taxes are raised.people need to forget everything that they have learned about taxes.
20 trillion and counting so, there`s no point in raising taxes and risk hurting the economy. the only thing we can do now is to keep borrowing and the stronger the economy is the more we can borrow.it will all come crashing down eventually but raising taxes won`t stop that from happening.We might as well just make the best of it and enjoy the ride while we can.
defaulting on 10 trillion is no worse than defaulting on 50 trillion or however much we can borrow before the bottom drops out.

a reply to: Tardacus

I think you are right. We are in huge hip deep trouble.

a reply to: Tardacus

It is a slippery subject. I like Russia's flat tax, the freedom thing suck though.

originally posted by: seasonal
Wonder where we would be if out leaders had 1/2 the guts of Trump for the last 25 years? Ford-check Carrier-check GM-?.

You say guts, I say restraint at various levels. If they all had what Trump has, the planet may be in recovery from a long nuclear winter now with a very few human settlements in existence, mainly underground. Though some may have been planting hardier crops by now.

originally posted by: windword
a reply to: seasonal

Trump has a secret weapon on jobs and trade

Not so secret.....it's called MONEY!!!

Carrier is getting 7 million in tax breaks to save 730 jobs. Ford says they're staying because of tax incentives.

$$$$$$$$$$$$$$$$$$$$$$$$$$$

And as a thread I made previously showed, their other plant in the same state is still sending jobs to Mexico. It will be a net loss of jobs. But Trump and Trumpeters will keep aying he SAVED jobs.

Obama made similar deals, but for larger amounts of jobs, just never bragged about it for months.

originally posted by: Tardacus
We have past the point of no return we will never pay off the debt no matter how high taxes are raised.people need to forget everything that they have learned about taxes.
20 trillion and counting so, there`s no point in raising taxes and risk hurting the economy. the only thing we can do now is to keep borrowing and the stronger the economy is the more we can borrow.it will all come crashing down eventually but raising taxes won`t stop that from happening.We might as well just make the best of it and enjoy the ride while we can.
defaulting on 10 trillion is no worse than defaulting on 50 trillion or however much we can borrow before the bottom drops out.

We can cut waste in departments like the Pentagon, that are into the billions category in waste.

a reply to: seasonal

Yes, Trump has a secret weapon. It is to give incentives to people he owes money to and give more tax loopholes to wealthy corporations. He owes 300 million to Deutche Bank. Guess who is first in line?

originally posted by: ugmold
a reply to: seasonal
Bernie said 1 in 4 Corporations doesn't pay any Taxes, under tRump it will 1 in 1000 pays Taxes, most will probably get cash back like Facebook.

How the hell does this help?

I know GE is one that doesn't pay tax. Trump didn't pay for 18 years.

We don't pay taxes. Only the little people pay taxes.

-Leona Helmsley

originally posted by: windword
a reply to: xuenchen


Do you understand what tax incentives are?

If the auto industry didn't pay taxes on their profits, to help pay for the roads the vehicles they make use, how profitable do you think they'd actually be?

I'm confident you can show us the details.

originally posted by: reldra

originally posted by: windword
a reply to: seasonal

Trump has a secret weapon on jobs and trade

Not so secret.....it's called MONEY!!!

Carrier is getting 7 million in tax breaks to save 730 jobs. Ford says they're staying because of tax incentives.

$$$$$$$$$$$$$$$$$$$$$$$$$$$

And as a thread I made previously showed, their other plant in the same state is still sending jobs to Mexico. It will be a net loss of jobs. But Trump and Trumpeters will keep aying he SAVED jobs.

Obama made similar deals, but for larger amounts of jobs, just never bragged about it for months.

Now would be a good time to show us the details with facts and figures.

originally posted by: ugmold
a reply to: seasonal
Bernie said 1 in 4 Corporations doesn't pay any Taxes, under tRump it will 1 in 1000 pays Taxes

How the hell does this help?

They will be producing in the U.S providing people with jobs increasing their buying power increasing the economy.

Also "berny sanders says.."