quote:

ORIGINAL: Termyn8or

They could have moved ALL the jobs out. And Trump did not sign NAFTA. Also, we wants to at least revap NAFTA, ostensibly to punish companies for outsourcing.

If you are so fucking smart, what would you do in his place ?

It is called constructive criticism and everyone seems to have forgotten what that is.

Got any bright fucking ideas ? Let's hear them, or else you are just bitching that he did less than perfect.

And not even one iota of an indication that you could do better.

I know Trump deserves alot of criticism, but when you do it - fucking validate it.

T^T

quote:

ORIGINAL: sloguy02246

I'd like to know how long UT was willing to guarantee those approximately 1,000 jobs would actually remain in Indiana.

quote:

ORIGINAL: MrRodgers

You think Trump saved some jobs from Carrier's move to Mexico ? Think again.

Highlights, or...lowlights:

United Technologies, the corporation that owns Carrier,(a deal) announced a deal that keeps less than 1,000 of the 2,100 jobs (at 2 locations) in America that were previously scheduled to be transferred to Mexico. So 1,100 will still be losing their jobs to outsourcing.

Trump made a promise that he would save all of these jobs, and we cannot rest until an ironclad contract is signed to ensure that all of these workers are able to continue working in Indiana without having their pay or benefits slashed.

Trump will reportedly give the company tax and regulatory favors that the corporation has sought. Just a short few months ago, Trump was pledging to force United Technologies to “pay a damn tax.”

“The incentives offered by the state were an important consideration.” (reported $7 million from Indiana)

He (Trump) was insisting on very steep tariffs for companies like Carrier that left the United States and wanted to sell their foreign-made products back in the United States. Instead of a damn tax, the company will be rewarded with a damn tax cut. Wow! How’s that for standing up to corporate greed ? How’s that for punishing corporations that shut down in the United States and move abroad ?

In essence, United Technologies took Trump hostage and won. And that should send a shock wave of fear through all workers across the country.

It gets worse:

Trump has endangered the jobs of workers who were previously safe in the United States. Why ? Because he has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives. Even corporations that weren’t thinking of offshoring jobs will most probably be reevaluating their stance this morning. And who would pay for the high cost for tax cuts that go to the richest businessmen in America? The working class of America.

Let’s be clear. United Technologies is not going broke. Last year, it made a profit of $7.6 billion and received more than $6 billion in defense contracts. It has also received more than $50 million from the Export-Import Bank and very generous tax breaks. In 2014, United Technologies gave its former chief executive Louis Chenevert a golden parachute worth more than $172 million. (2000 jobs at $25,000/yr is $50 million)

Last year, the company’s five highest-paid executives made more than $50 million. The firm also spent $12 billion to inflate its stock price instead of using that money to invest in new plants and workers.

So, rather than create jobs, tax breaks increases management compensation and the stock price.

Does that sound like a company that deserves more corporate welfare from our government? Trump’s Band-Aid solution is only making the problem of wealth inequality in America even worse.

If United Technologies or any other company wants to keep outsourcing decent-paying American jobs, those companies must pay an outsourcing tax equal to the amount of money they expect to save by moving factories to Mexico or other low-wage countries. They should not receive federal contracts or other forms of corporate welfare.

They must pay back all of the tax breaks and other corporate welfare they have received from the federal government. And they must not be allowed to reward their executives with stock options, bonuses or golden parachutes for outsourcing jobs to low-wage countries. I will soon be introducing the Outsourcing Prevention Act, which will address exactly that.


HERE

quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: MrRodgers

You think Trump saved some jobs from Carrier's move to Mexico ? Think again.

Highlights, or...lowlights:

United Technologies, the corporation that owns Carrier,(a deal) announced a deal that keeps less than 1,000 of the 2,100 jobs (at 2 locations) in America that were previously scheduled to be transferred to Mexico. So 1,100 will still be losing their jobs to outsourcing.

Trump made a promise that he would save all of these jobs, and we cannot rest until an ironclad contract is signed to ensure that all of these workers are able to continue working in Indiana without having their pay or benefits slashed.

Trump will reportedly give the company tax and regulatory favors that the corporation has sought. Just a short few months ago, Trump was pledging to force United Technologies to “pay a damn tax.”

“The incentives offered by the state were an important consideration.” (reported $7 million from Indiana)

He (Trump) was insisting on very steep tariffs for companies like Carrier that left the United States and wanted to sell their foreign-made products back in the United States. Instead of a damn tax, the company will be rewarded with a damn tax cut. Wow! How’s that for standing up to corporate greed ? How’s that for punishing corporations that shut down in the United States and move abroad ?

In essence, United Technologies took Trump hostage and won. And that should send a shock wave of fear through all workers across the country.

It gets worse:

Trump has endangered the jobs of workers who were previously safe in the United States. Why ? Because he has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives. Even corporations that weren’t thinking of offshoring jobs will most probably be reevaluating their stance this morning. And who would pay for the high cost for tax cuts that go to the richest businessmen in America? The working class of America.

Let’s be clear. United Technologies is not going broke. Last year, it made a profit of $7.6 billion and received more than $6 billion in defense contracts. It has also received more than $50 million from the Export-Import Bank and very generous tax breaks. In 2014, United Technologies gave its former chief executive Louis Chenevert a golden parachute worth more than $172 million. (2000 jobs at $25,000/yr is $50 million)

Last year, the company’s five highest-paid executives made more than $50 million. The firm also spent $12 billion to inflate its stock price instead of using that money to invest in new plants and workers.

So, rather than create jobs, tax breaks increases management compensation and the stock price.

Does that sound like a company that deserves more corporate welfare from our government? Trump’s Band-Aid solution is only making the problem of wealth inequality in America even worse.

If United Technologies or any other company wants to keep outsourcing decent-paying American jobs, those companies must pay an outsourcing tax equal to the amount of money they expect to save by moving factories to Mexico or other low-wage countries. They should not receive federal contracts or other forms of corporate welfare.

They must pay back all of the tax breaks and other corporate welfare they have received from the federal government. And they must not be allowed to reward their executives with stock options, bonuses or golden parachutes for outsourcing jobs to low-wage countries. I will soon be introducing the Outsourcing Prevention Act, which will address exactly that.


HERE

Sorry, Bernie. Your version of socialist trickle-down economics through corporate torture has been rejected.

quote:

ORIGINAL: MrRodgers

quote:

ORIGINAL: RottenJohnny
Sorry, Bernie. Your version of socialist trickle-down economics through corporate torture has been rejected.

Hasn't it though and one has to wonder...why ?

quote:


I mean look how much better off we are. $20 trillion in federal debt., depending upon who one reads total debt about $66 trillion and oh only about $104 Trillion in unfunded liabilities, going up now $9 million/MINUTE.

quote:


Paying twice as much for health while dying 3-4 years younger than those damn smug socialists.

quote:


But hey, if I was a 1%er (hell...a 5%er) or Corp. America, I'd be one huge fucking, masochistic pain slut...lov'n that kinda torture.

quote:


I mean what's wrong with this picture ? Total income tax contribution to date 2016 $1.572 trillion, total payroll tax to date 2016 $1.120 trillion, total corporate tax to date, 2016 $303 billion...about 11 cents on the dollar compared to income & payroll taxes.

quote:

ORIGINAL: stef
It'll be interesting to see what kind of a bribe the next company who threatens to leave the US will get. Carrier/UT has set an interesting precedent here for others to try and follow.

quote:

ORIGINAL: Lucylastic

oh so political donations matter, but conflict of interests, dont?

quote:

ORIGINAL: LadyDemura

Many of the jobs lost are being lost to automation. How is he going to tariff/tax his way out of the fact that machines can do most jobs better for cheaper than unskilled labor, and never need a day off, or sick pay, or any other benefits...

quote:

ORIGINAL: Lucylastic

quote:

ORIGINAL: LadyDemura

Many of the jobs lost are being lost to automation. How is he going to tariff/tax his way out of the fact that machines can do most jobs better for cheaper than unskilled labor, and never need a day off, or sick pay, or any other benefits...

What surprises me is that automation has led to more job losses than greedy shareholders and owners. But all of a sudden its big news again.
The job retraining system is completely screwed, but the ones affected are the ones blamed for needing to live in the modern world on slave wages.