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Trump's Carrier deal is all baloney

By tovarichpeter   2016 Dec 4, 9:45am   1,163 views   23 comments   watch (1)   quote      

http://www.forbes.com/sites/eriksherman/2016/12/04/trumps-carrier-deal-means-nothing-for-future-jobs/#12cb9134c7b9

The author is a Forbes contributor. The opinions expressed are those of the writer. Loading ... Loading ...

Comments 1-23 of 23     Last »

1   Mrs Wonderful     2016 Dec 4, 10:05am  ↑ like (2)   ↓ dislike   quote    

Baloney is an upgrade to the street rat meat carrier had preordered for the 1000 families .

2   HEY YOU   1049/1049 = 100% civil   2016 Dec 4, 10:44am  ↑ like   ↓ dislike (1)   quote    

Can't wait for trumps new book: "Art of the Bad Deal-A Continuing Saga".

3   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 4, 3:21pm  ↑ like (4)   ↓ dislike   quote    

(Where is All Truth?)
Squawk!!! Squawk!!!

Trump is bad President, though he is not President yet!!!

Trump made bad deal, though the details aren't out there yet. But Trump is bad, so he made a bad Deal!! Squawk!!!

4   jazz_music   876/877 = 99% civil   2016 Dec 4, 6:38pm  ↑ like   ↓ dislike (2)   quote    

HEY YOU says

trumps new book: "Art of the Bad Deal-A Continuing Saga".

Another good title is "Laws Are For Losers"

or

"People I've Exploited"

or

"Lives I've Ruined"

or

"World's Greatest Debt"

5   lostand confused   511/511 = 100% civil   2016 Dec 4, 6:54pm  ↑ like (1)   ↓ dislike   quote    

I am going to enjoy the next 4 yrs. Lefties-LOL!!!!!!!!!!!!

6   Entitlemented   215/215 = 100% civil   2016 Dec 4, 9:10pm  ↑ like (2)   ↓ dislike (1)   quote    

We need 800 more people that can help sell the foreign goods at Bestbuy, Sears, Circuit City, Kmart, and Walmart.

Oh - Circuit City went out of business, could not even stay afloat selling foreign goods.

You Dems are dumb because you dont critically analyse situations correctly. CNN/MSNBC/Obama told you trying to keep jobs wont work, dont even try. Lawyer who never did anything said "These jobs are not coming back".

Its one thing to believe the censorship and propoganda when you dont know better. Its yet another thing when something does not work and your own dogmaticness prevents you from taking another look at things.

Honestly, one did not need to be a Economist or an Engineer to realize that NAFTA was going to have some negative job effects. Someone with a large technology told us so. The only thing Clinton and Gore ever manufactured is lies, deceit, censorship and propaganda.

7   bob2356   657/661 = 99% civil   2016 Dec 4, 9:55pm  ↑ like   ↓ dislike (1)   quote    

Entitlemented says

You Dems are dumb because you dont critically analyse situations correctly. CNN/MSNBC/Obama told you trying to keep jobs wont work, dont even try. Lawyer who never did anything said "These jobs are not coming back".

Wasn't there someone named bush that had 8 years to repeal the democratic party horror (actually George H W Bush negotiated NAFTA and republicans in congress voted it into law. But let's not dwell on facts, it just causes confusion) called NAFTA? What happened with that?

8   APOCALYPSEFUCK_is_ADORABLE   1340/1340 = 100% civil   2016 Dec 5, 12:14am  ↑ like   ↓ dislike   quote    

CARRIER! SAYS! SUCK! MY! DICK!, TRUMPLIGULA! and we'll let your Americans toss Mexican made shit into Chinese cardboard boxes. HARDER! BOY! and WATCH! THE! TEETH!

http://www.zerohedge.com/news/2016-11-30/carrier-issues-statement-trump-deal-incentives-offered-were-important-consideration

"However, shortly after the deal, questions emerged as to what the motive behind Carrier's decision may have been. Was Carrier pressured into doing a deal that was not in the best interest of shareholders of its parent, United Technologies? Was strongarming involved? Did Trump make a major concession as part of a political deal or did Carrier simply bend over backwards to appease the President-elect?

We now know the answer: moments ago the company issued a statement in revealed that that real motive for the change in tactic was that "the incentives offered by the state were an important consideration" and quickly added that "this agreement in no way diminishes our belief in the benefits of free trade and that the forces of globalization will continue to require solutions for the long-term competitiveness of the U.S. and of American workers moving forward."

What happens next? As some have suggested, it is a distinct possibility that this outcome may in fact backfire, and in order to extract the same "state incentives", US companies will proceed to announce comparable outsourcing arrangements in hopes that the Trump administration will approach them next in order to avoid the replacement of US workers with Mexcians, or other foreign nationals. It remains to be seen how the Trump administration will respond to such pressure from domestic corporations who may end up using their US workers as leverage to extract more concessions. ."

9   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 5:20am  ↑ like   ↓ dislike   quote    

"You Dems are dumb because you dont critically analyse situations correctly. CNN/MSNBC/Obama told you trying to keep jobs wont work, dont even try. Lawyer who never did anything said "These jobs are not coming back"."

No, actually it's just that Dems can see the consequences of making a deal like this. In isolation, saving 800 jobs is great and the cost really isn't that much when you look at it on a per job basis.

The problem is the precedent that it sets. Now any and every company can come to the Government saying they're considering moving jobs to Mexico or China and negotiate a similar deal. At some point, the tax money is going to run out.

10   BlueSardine   830/846 = 98% civil   2016 Dec 5, 6:59am  ↑ like   ↓ dislike   quote    

Irrelevant.
The comment is about this election cycle and the critical analysis failure of the left due to embedded horse blinders...

bob2356 says

Entitlemented says

You Dems are dumb because you dont critically analyse situations correctly. CNN/MSNBC/Obama told you trying to keep jobs wont work, dont even try. Lawyer who never did anything said "These jobs are not coming back".

Wasn't there someone named bush that had 8 years to repeal the democratic party horror (actually George H W Bush negotiated NAFTA and republicans in congress voted it into law. But let's not dwell on facts, it just causes confusion) called NAFTA? What happened with that?

11   BlueSardine   830/846 = 98% civil   2016 Dec 5, 7:02am  ↑ like   ↓ dislike   quote    

Giving companies tax incentives to stay where they are has been commonplace for the past 50 years.
So what precedent are you talking about?

joeyjojojunior says

The problem is the precedent that it sets.

12   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 7:10am  ↑ like   ↓ dislike   quote    

"Giving companies tax incentives to stay where they are has been commonplace for the past 50 years.
So what precedent are you talking about?"

Uh, the President negotiating it?

13   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 5, 9:09am  ↑ like   ↓ dislike   quote    

joeyjojojunior says

The problem is the precedent that it sets. Now any and every company can come to the Government saying they're considering moving jobs to Mexico or China and negotiate a similar deal. At some point, the tax money is going to run out.

Boeing. NJ State Income Tax rebates to Employers. Stop acting like this is new, it goes back decades and Dems are heavily involved.

joeyjojojunior says

"Giving companies tax incentives to stay where they are has been commonplace for the past 50 years.

So what precedent are you talking about?"

Uh, the President negotiating it?

Congress negotiates it all the time, and this was done with State officials who are the only ones who can promise things like state tax rebates.

Dems also vote for giving Companies the power to bypass the labor market by giving them access to special worker pools via H-1Bs to help companies crush wages

14   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 9:21am  ↑ like   ↓ dislike   quote    

You're completely missing the point. It's wrong when a municipality does it too and many have learned the lesson already as their revenue has taken a large hit forcing property tax rates to rise for the remaining taxpayers. It's wrong when a Democrat does it. It's wrong when a Republican does it.

Are you incapable of having a discussion without resorting to-- oh yeah, well a Dem did it once too. Or--Hillary once supported it too.

Who the eff cares? If it's wrong, it's wrong.

15   mell   63/63 = 100% civil   2016 Dec 5, 9:33am  ↑ like (2)   ↓ dislike   quote    

joeyjojojunior says

Who the eff cares?

The people who get to keep their job - as promised.

joeyjojojunior says

The problem is the precedent that it sets. Now any and every company can come to the Government saying they're considering moving jobs to Mexico or China and negotiate a similar deal. At some point, the tax money is going to run out.

That's bs. Employers have already been aware for the longest time of the situation that they may score incentives for keeping their jobs in the US. Furthermore as corporate taxes are lowered fewer will choose to offshore. But since these changes will take time to get passed, there may be some stopgap measures here and there.

16   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 5, 9:39am  ↑ like (1)   ↓ dislike   quote    

joeyjojojunior says

Are you incapable of having a discussion without resorting to-- oh yeah, well a Dem did it once too. Or--Hillary once supported it too.

You and Tovbot are putting forth the disingenuous media arguments that Trump is a Norm Violator who is setting some new dangerous precedent. It's untrue, and pointing out a falsehood is fair game.

17   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 9:51am  ↑ like   ↓ dislike   quote    

OK--what other President has made a similar deal?

18   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 5, 9:54am  ↑ like (1)   ↓ dislike   quote    

joeyjojojunior says

OK--what other President has made a similar deal?

Irrelevant. Trump isn't the President yet.

Presidents have a lot of power to reward and punish companies that don't toe the line. Obama has shown that with Boeing.

19   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 10:09am  ↑ like   ↓ dislike   quote    

"Irrelevant. Trump isn't the President yet.

Presidents have a lot of power to reward and punish companies that don't toe the line. Obama has shown that with Boeing."

No, it's extremely relevant. An official with Cook County doesn't have the authority to implement tariffs. Or withhold government contracts. All they have is property taxes. You can't really compare the bargaining position of them.

And, please, Trump is the President elect and he made that deal as the incoming President.

20   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 5, 10:15am  ↑ like   ↓ dislike   quote    

joeyjojojunior says

No, it's extremely relevant. An official with Cook County doesn't have the authority to implement tariffs. Or withhold government contracts. All they have is property taxes. You can't really compare the bargaining position of them.

It's totally irrelevant, because Trump made the arrangement as a private citizen with no official power and the deal centers around STATE tax rebates, something the President has NO POWER over, and possible federal tax changes. Carrier isn't dumb enough not to understand that Taxation resides with CONGRESS, and not the PRESIDENT.

What really happened is that Carrier wanted to stop being the target of Trump's attention, so took the deal in order to get him off their back and save face.

PS Democrats were heavily involved in "Setting a Dangerous Precedent" by bailout out Banks, Insurance Companies, and others to the tune of countless billions after the Financial Crisis, amount of money that makes the Carrier Deal look like a single grain of sand on a beach in comparison. The Banks were allowed to Fee the Shit out of their Customers in order to pay some of the money back. Their only "punishment" was delayed (not forbidden or removed) bonuses for some executives.

21   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 10:20am  ↑ like   ↓ dislike   quote    

"It's totally irrelevant, because Trump made the arrangement as a private citizen with no official power and the deal centers around STATE tax rebates, something the President has NO POWER over, and possible federal tax changes. Carrier isn't dumb enough not to understand that Taxation resides with CONGRESS, and not the PRESIDENT."

If you're going to say that Trump negotiated as a private citizen then it's no point having a discussion. You are too far gone.

"PS Democrats were heavily involved in "Setting a Dangerous Precedent" by bailout out Banks, Insurance Companies, and others to the tune of countless billions after the Financial Crisis, amount of money that makes the Carrier Deal look like a single grain of sand on a beach in comparison. The Banks were allowed to Fee the Shit out of their Customers in order to pay some of the money back. Their only "punishment" was delayed (not forbidden or removed) bonuses for some executives."

Damn. You almost made it through a post without a see--Dems did it too. You just can't stop yourself, can you?

22   TwoScoopsMcGee   1705/1705 = 100% civil   2016 Dec 5, 10:37am  ↑ like   ↓ dislike   quote    

joeyjojojunior says

If you're going to say that Trump negotiated as a private citizen then it's no point having a discussion. You are too far gone.

Is Trump President Yet or Not? What Powers does the President Elect have? If you cannot see that until late January he is a Private Citizen, you are too far gone.

joeyjojojunior says

Damn. You almost made it through a post without a see--Dems did it too. You just can't stop yourself, can you?

Nope. You don't get it - you can't have people who gave Billions to a multitude of banks - Hundreds of Billions to the financial industry in general and re-rigging the entire system to save them from their own bad decision making - complain about a single state giving a few hundred thousand bucks a year in tax rebates to a single enterprise.

It's rank hypocrisy.

23   joeyjojojunior   883/888 = 99% civil   2016 Dec 5, 10:43am  ↑ like   ↓ dislike   quote    

"Is Trump President Yet or Not? What Powers does the President Elect have? If you cannot see that until late January he is a Private Citizen, you are too far gone."

He has immense power, actually. It is guaranteed that in 1 month, he will be the most powerful man on Earth.

"Nope. You don't get it - you can't have people who gave Billions to a multitude of banks - Hundreds of Billions to the financial industry in general and re-rigging the entire system to save them from their own bad decision making - complain about a single state giving a few hundred thousand bucks a year in tax rebates to a single enterprise."

It's irrelevant to the discussion about whether or not Trump's deal with Carrier was good or bad.

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