Trump works with Carrier Air Conditioning.. keeps 1000 jobs in the USA. Obama Pissed!

[ximmy]

Trump Reaches Deal To Keep 1,000 Carrier Jobs In The U.S.

http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)

by Tyler Durden (http://www.zerohedge.com/users/tyler-durden)
Nov 29, 2016 7:37 PM


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Nine months ago the video of a plant-full of American workers (http://www.zerohedge.com/news/2016-02-12/welcome-obamas-recovery-carrier-moving-1400-jobs-mexico)getting the news that they were 'fired' due to Carrier International moving its air-conditioning plant from Indiana to Mexico went viral and became a meme for Trump's "America First" plans. Today, according to CNBC's David Faber, the Trump team and United Technologies have reached an agreement on keeping close to 1,000 factory jobs at the Carrier plant in Indiana.
A (http://www.zerohedge.com/news/2016-02-12/welcome-obamas-recovery-carrier-moving-1400-jobs-mexico)s a reminder, this is what happened in February (http://www.zerohedge.com/news/2016-02-12/welcome-obamas-recovery-carrier-moving-1400-jobs-mexico) when United Technologies decided to reinforce both of these trends all at once, when the company announced it would be eliminating 1,400 jobs at a Carrier plant in Indianapolis in favor of hiring some new "foreign-born" employees - only these "foreign-born" workers will be hired in Mexico.
"Two Indiana plants that make products for the heating, ventilating and air conditioning industry are shifting their manufacturing operations to Mexico, which will cost about 2,100 workers their jobs," The Indianapolis Star reports (http://www.indystar.com/story/money/2016/02/10/carrier-move-indy-unit-mexico-eliminate-1400-jobs/80181804/).

"Carrier is shuttering its manufacturing facility on Indianapolis' west side, eliminating about 1,400 jobs during the next three years [and] United Technologies Electronic Controls said that it will move its Huntington manufacturing operations to a new plant in Mexico, costing the northeastern Indiana city 700 jobs by 2018."

Watch below as 1,000 soon-to-be Donald Trump voters react to the announcement:


https://www.youtube.com/watch?v=Y3ttxGMQOrY


Trump frequently railed against the move and pledged to force Carrier to keep its jobs in the U.S. while on the campaign trail.
"Here's what's going to happen," Trump told (http://money.cnn.com/2016/11/28/news/companies/donald-trump-carrier-jobs/)a crowd in Indianapolis in April. "I'll get a call from the head of Carrier and he'll say, 'Mr. President, we've decided to stay in the United States. That's what's going to happen -- 100 percent."
And now, as CNBC's David Faber reports, Trump appears to have been right.
Trump Admin and $UTX (https://twitter.com/search?q=%24UTX&src=ctag) reach agreement on keeping close to 1000 factory jobs in Carrier plant in Indiana- sources.
— David Faber (@davidfaber) November 30, 2016 (https://twitter.com/davidfaber/status/803752407347904512)


Deal terms to keep Carrier jobs in Indiana include new inducements from state. Deal spear headed by former Indiana Gov Pence.
— David Faber (@davidfaber) November 30, 2016 (https://twitter.com/davidfaber/status/803753692872654848)

More from the NYT (http://www.nytimes.com/2016/11/29/business/trump-to-announce-carrier-plant-will-keep-jobs-in-us.html):
On Thursday, Mr. Trump and Mike Pence, Indiana’s governor and the vice-president elect, plan to appear at Carrier’s Indianapolis plant to announce they’ve struck a deal with the company to keep a majority of the jobs in the state, according to officials with the transition team as well as Carrier.

Mr. Trump will be hard-pressed to alter the economic forces that have hammered the Rust Belt for decades, but forcing Carrier and its parent company, United Technologies, to reverse course is a powerful tactical strike that will rally his base even before he takes office.

In exchange for keeping the factory running in Indianapolis, Mr. Trump and Mr. Pence are expected to reiterate their campaign pledges to be friendlier to business by easing regulations and overhauling the corporate tax code. In addition, Mr. Trump is expected to tone down his rhetoric threatening 35 percent tariffs on companies like Carrier that shift production south of the border.

On its behalf, Carrier announced on Twitter shortly after the announcement that it was "pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy." We expect more companies to follow in these anti-offshoring footsteps.
We are pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy. More details soon.
— Carrier (@Carrier) November 30, 2016




https://www.youtube.com/watch?v=LJ4c5MiLNQ4

(https://twitter.com/Carrier/status/803764047300722688)

[Dogman]

Maybe there is a lesson to be learned about having a set of balls!

If this works.

Maybe some of the political eunchics waiting to keep their jobs will get a pair, man or woman! Hehe!
Bastard still needs to keep his thoughts/mouth shut. Time will tell If words turn into reality!
Had a a/c planet in the area already gone to Mexico a few years ago!

And think it was Carry massive layoff, Tyler TX plant!

Sent from my Nexus 7 using Forum runner

[Cebu_4_2]

Carrier says it has deal with Trump to keep jobs in Indiana
Published November 29, 2016 FoxNews.com
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Air conditioning company Carrier said Tuesday that it had reached an agreement with President-elect Donald Trump that would keep 1,000 jobs in Indianapolis.

We are pleased to have reached a deal with President-elect Trump & VP-elect Pence to keep close to 1,000 jobs in Indy. More details soon.
— Carrier (@Carrier) November 30, 2016

Trump and Vice President-elect Mike Pence, Indiana's outgoing governor, planned to travel to the state Thursday to unveil the agreement alongside company officials.

Details of the agreement were not immediately available. A Trump transition source told Fox News that Carrier executives went to Trump Tower Tuesday to hash out the deal.

Trump spent much of his campaign pledging to keep companies like Carrier from moving jobs overseas. His focus on manufacturing jobs contributed to his unexpected appeal with working-class voters in states like Michigan, which has long voted for Democrats in presidential elections.

In a September debate against Democratic rival Hillary Clinton, he railed against Carrier's decision to move hundreds of air-conditioner manufacturing jobs from Indianapolis to Mexico.

"So many hundreds and hundreds of companies are doing this," Trump said. "We have to stop our jobs from being stolen from us. We have to stop our companies from leaving the United States."

In February, Carrier said it would shutter its Indianapolis plant employing 1,400 workers and move its manufacturing to Mexico.

The plant's workers would have been laid off over three years starting in 2017.

United Technologies Electronic Controls also announced then that it planned to move its Huntington manufacturing operations to a new plant in Mexico, costing the northeastern Indiana city 700 jobs by 2018. Those workers make microprocessor-based controls for the HVAC and refrigeration industries.

Carrier and UTEC are both units of Hartford, Connecticut-based United Technologies Corp.

Carrier wasn't the only company Trump assailed. He pledged to give up Oreos after Nabisco's parent, Mondelez International, said it would replace nine production lines in Chicago with four in Mexico. He criticized Ford after the company said it planned to invest $2.5 billion in engine and transmission plants in Mexico.

I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. (Indiana). MAKING PROGRESS - Will know soon!
— Donald J. Trump (@realDonaldTrump) November 24, 2016

Trump tweeted on Thanksgiving Day that he was "making progress" on trying to get Carrier to stay in Indiana.

Chuck Jones, president of United Steelworkers Local 1999, which represents Carrier workers, said of Tuesday's news: "I'm optimistic, but I don't know what the situation is. I guess it's a good sign. ... You would think they would keep us in the loop. But we know nothing."

Thursday's event will mark a rare public appearance for Trump, who has spent nearly his entire tenure as president-elect huddled with advisers and meeting with possible Cabinet secretaries. He plans to make other stops later this week as part of what advisers have billed as a "thank you" tour for voters who backed him in the presidential campaign.

[cheka.]

smells of the same stench as the bailouts from a few years ago. adding burden to those paying the ridiculously high taxes on wages (and not capital gains)

the article also speculates that trump is backing off import tariff. that is THE revenue stream that would allow for reduction in personal income tax

not liking what i'm seeing

[Joshua01]

smells of the same stench as the bailouts from a few years ago. adding burden to those paying the ridiculously high taxes on wages (and not capital gains)

the article also speculates that trump is backing off import tariff. that is THE revenue stream that would allow for reduction in personal income tax

not liking what i'm seeing


Here, this might help you through the next 50 days:

https://spinalcolumn.files.wordpress.com/2014/01/safety_pin2.jpg

[cheka.]

Here, this might help you through the next 50 days:

https://spinalcolumn.files.wordpress.com/2014/01/safety_pin2.jpg

how do you load it?

[crimethink]

how do you load it?

You'll need to Autoclave it. Joshua had it stuck through his glans for quite some time.

[Neuro]

You'll need to Autoclave it. Joshua had it stuck through his glans for quite some time.

Glance Pence (sp?)?

[crimethink]

Glance Pence (sp?)?

Glans penis..or glans clitoridis. As may be the case with Joshua. :)

[Twisted Titan]

This gubbermint has trillions literally TRILLIONS in known money and black buget money to give away to anything or anyone with the right political connections.

Where he is "getting it" from is dayum near irrelevant.

All i can tell you is

A 1000 plus familes are greatful that they voted for a vagina grabbing loudmouth.

[Twisted Titan]

If this keeps up .....i expect the halfrican to at some point make the stament.

You know all those jobs that he saved?

He really didnt do that.

[Joshua01]

Glans penis..or glans clitoridis. As may be the case with Joshua. :)


We can always count on you to come up with something lame and witless Fred

[Cebu_4_2]

We can always count on you to come up with something lame and witless Fred



http://youtu.be/oMVe_HcyP9Y
https://youtu.be/oMVe_HcyP9Y

[Horn]

The tariff may not be needed, Cheka... Trump is gonna have Mexico and China pay for the U.S. re-infrastructure plans, so they will probably jack up their business taxes and make nanny states out of themselves all for Trump

[cheka.]

This gubbermint has trillions literally TRILLIONS in known money and black buget money to give away to anything or anyone with the right political connections.

Where he is "getting it" from is dayum near irrelevant.

All i can tell you is

A 1000 plus familes are greatful that they voted for a vagina grabbing loudmouth.

as a rule i reject one dimensional analysis. sure the headline sounds good....but at what cost?

denominators matter

[vacuum]

as a rule i reject one dimensional analysis. sure the headline sounds good....but at what cost?

denominators matter

There is probably some cost that undermines the value of the deal here, but that isn't really the important thing.

The important thing is the mindset. The mindset that we can and will keep jobs in the US, and that the American people should expect this problem to be "solved". We will build up to tariffs once people start demanding we keep our jobs/companies. One step at a time.

[cheka.]

cant argue with all of the positive comments.....nor can i concur

no denominator = no analysis. thus no educated opinion has yet been shared

i'll try to find some denom info..

[cheka.]

united steel workers jobs -- usw campaigned for killary and hated on trump (to the max)

usw leadership is full on globalist puppets for the dims

but that's beside the point.....article below alludes to tax payer transfer payments to carrier

this is NOT the same as a tariff. tariff raises money from foreigners, not domestic tax payers. in fact, it is the EXACT OPPOSITE - hitting tax payers for transfer payments to megacorp is disgusting. see obomba gang's outrageous transfer payments to megacorps

http://www.indystar.com/story/money/2016/11/29/reports-trump-announce-deal-keep-carrier-jobs--state/94637112/

Details about the deal were scarce Tuesday night. A source, who is familiar with the plan, said state incentives are part of the deal. Sources did not specify what type of incentive package Carrier has agreed to in order to stay in Indianapolis.

The United Steelworkers Local 1999, which represents Carrier workers, had not been briefed on the deal as of late Tuesday, said Chuck Jones, the union president. He noted that he's cautiously optimistic.

[Twisted Titan]

But you know whats funny?

Its not outside the realm of reality that carrier could have moved its plant to mexico and STILL applied tor those credits.

As for tarriffs that is going to be more challenging to implent.

You have to build up your manufacturing base

So when you start using tarriffs ...you know the other side will respond in kind.

So you have to have the means to produce what is being used as leverage.

[Neuro]

But you know whats funny?

Its not outside the realm of reality that carrier could have moved its plant to mexico and STILL applied tor those credits.

As for tarriffs that is going to be more challenging to implent.

You have to build up your manufacturing base

So when you start using tarriffs ...you know the other side will respond in kind.

So you have to have the means to produce what is being used as leverage.
US doesn't export very much nowadays so to respond in kind isn't going to work very well!

[cheka.]

i'm worried that the tariff is going to be replaced with deals to shift taxes off of corporations and onto US taxpayers. tax collections will not be allowed to fall....i say charge admission on every product before it's allowed to unload at the dock. i see nothing wrong with foreign goods sellers chipping in to help pay for the roads, ports, docks, regs, gov that domestic corps already pay into. THAT is the foreign competitor advantage that must be fixed imo

[cheka.]

2015, imports highest on record, seems to be a theme. this is the fruit of the globalist free trade spirit cooking

so US had imports of 2.8 trillion in 2015...so every 10 percent increment of tariff nets treasury 280 billion. so trump's 35% is nearly a trillion/yr going into US treasury every year. compare that to the 1.3 trillion that dc collects on individuals' income tax payments per year. this could all-but wipe out income taxes on individuals

https://www.census.gov/foreign-trade/statistics/highlights/annual.html

Imports 2015: $2,761.8 trillion, Imports 2014: $2,851.5 trillion

Goods on a Census Basis

Balance

The 2015 petroleum deficit ($82.5 billion) was the lowest since 1999 ($59.2 billion).
The 2015 non-petroleum deficit ($653.6 billion) was the highest on record.

Imports

2015 imports of food, feeds, and beverages ($127.7 billion); capital goods ($599.2 billion); automotive vehicles ($348.3 billion); and consumer goods ($595.3 billion) were the highest on record.
2015 imports of petroleum ($182.0 billion) were the lowest since 2004 ($180.5 billion).
2015 non-petroleum imports ($2.1 trillion) were the highest on record.

Real Dollar Basis (2009 Chain-weighted Dollars)

The 2015 real dollar petroleum deficit ($109.3 billion) was the lowest on record.
The 2015 real dollar non-petroleum deficit ($663.9 billion) was the highest on record.

Country and other highlights

The 2015 deficit with Germany ($74.2 billion) was the highest on record.
The 2015 deficit with China ($365.7 billion) was the highest on record.
The 2015 deficit with South Korea ($28.3 billion) was the highest on record.
The 2015 deficit with the European Union ($153.3 billion) was the highest on record.
The 2015 surplus with South and Central America ($37.4 billion) was the highest on record.
The 2015 quantity of crude oil imports (2.7 billion barrels) was the lowest since 1993 (2.5 billion barrels).
The 2015 import average price per barrel of crude oil ($47.26) was the lowest since 2005 ($46.81).

[Joshua01]

i'm worried that the tariff is going to be replaced with deals to shift taxes off of corporations and onto US taxpayers. tax collections will not be allowed to fall....i say charge admission on every product before it's allowed to unload at the dock. i see nothing wrong with foreign goods sellers chipping in to help pay for the roads, ports, docks, regs, gov that domestic corps already pay into. THAT is the foreign competitor advantage that must be fixed imo


why worry? The guy isn't even in office yet? You have to give him some time to get into a position of power. Right now president elect gives him more popularity than power. When he has the presidential pen and phone then he's in a position to actually do something and then we can see what plays out.

You worry too much Cheka :)

[Horn]

cant argue with all of the positive comments.....nor can i concur

no denominator = no analysis. thus no educated opinion has yet been shared

i'll try to find some denom info..

You're most likely correct there, cheka. if it were to be a tariff it would be approached that way from the onset. Cause once the reigns are let slip in any other direction it will not be reproached imo.

Tariff would be a huge undertaking for the U.S. to institute and make work. Droves of person s would be furious to outragged with it being commenced upon.

Had it been set back when the economy was swift, maybe not so much so.

[cheka.]

why worry? The guy isn't even in office yet? You have to give him some time to get into a position of power. Right now president elect gives him more popularity than power. When he has the presidential pen and phone then he's in a position to actually do something and then we can see what plays out.

You worry too much Cheka :)

yup...and the worry leads to confirmation (of doom) bias in my analysis. it all started with building 7.....but we wont go there

[Joshua01]

yup...and the worry leads to confirmation (of doom) bias in my analysis. it all started with building 7.....but we wont go there
I hear ya brother and feel the same way.....the only thing I hang my hat on is that Trump isn't a politician and owes none of the special interests anything since he has taken no one from them. If he turns into a fuckwad I'll be the first to admit I was duped but, until then I'll wait and see. It's not like I can do anything about it anyway.

[Neuro]

i'm worried that the tariff is going to be replaced with deals to shift taxes off of corporations and onto US taxpayers. tax collections will not be allowed to fall....i say charge admission on every product before it's allowed to unload at the dock. i see nothing wrong with foreign goods sellers chipping in to help pay for the roads, ports, docks, regs, gov that domestic corps already pay into. THAT is the foreign competitor advantage that must be fixed imo

The thing is that the excise tax is always payed by the person who buys the good, which would be the person in USA who covets foreign luxury!

[ximmy]

Robin Maynard, a 24-year Carrier employee, issued a heartfelt thank you to Donald Trump and Mike Pence during a Wednesday morning interview on Fox News.



.@Carrier (https://twitter.com/Carrier) employee Robin Maynard’s message to Trump and Pence: ‘Thank you for sticking to your word and going to bat for all of us.’ pic.twitter.com/TBxLDGlZmU (https://t.co/TBxLDGlZmU)
— FOX & Friends (@foxandfriends) November 30, 2016 (https://twitter.com/foxandfriends/status/803953071147491330)
News broke Tuesday evening that Trump had brokered a deal to prevent Carrier from moving 1,000 jobs to Mexico, and Maynard told “Fox & Friends” host Steve Doocy that he’s unbelievably grateful for Trump’s intervention.


https://www.youtube.com/watch?v=xssYzlj0jpg

“I would like to tell him thank you for going out of your way and taking your time away from your family, working on the Carrier and employees’ deal,” Maynard stated. “Sticking to your word and going to bat for us all at Carrier and keeping our jobs here. I’d like to thank him and Mike Pence for doing it so quickly.”

Read more: http://dailycaller.com/2016/11/30/carrier-employee-issues-heartfelt-thank-you-to-trump-for-helping-1000-american-workers-keep-their-jobs-video/#ixzz4RWaCDKvK

[boogietillyapuke]

I can almost guarantee that the deal was not made with Carrier but the "Mothership"......United Technologies. Want any more defense contracts?

[Neuro]

yup...and the worry leads to confirmation (of doom) bias in my analysis. it all started with building 7.....but we wont go there

Dayum! That's deep man! )0(

[ximmy]

Live Stream: Donald Trump Speaks At Carrier Plant In Indiana http://www.zerohedge.com/sites/default/files/pictures/picture-5.jpg (http://www.zerohedge.com/users/tyler-durden)
by Tyler Durden (http://www.zerohedge.com/users/tyler-durden)
Dec 1, 2016 1:55 PM


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SHARES

(http://www.zerohedge.com/printmail/579173) (http://www.zerohedge.com/print/579173)

After securing a deal to save 1,100 jobs at a Carrier plant in Indiana from being exported to Mexico, Trump is set to kick off his Midwest "Thank You Tour" with a speech there which is expected to get started around 2pm EST.


https://www.youtube.com/watch?v=hmuGjSwxFhc

[cheka.]

hope this starts a trend to break up the mega unions. last 15 years have seen an explosion in union consolidation. i can almost guarantee that a majority of the carrier usw workers thumbed their nose at their leadership that was pushing killary and hating on trump

union consolidation has been a rousing success for the nyd.dc.skype - they've concentrated the power into a few hands that they control. usw is prime example

[Neuro]

hope this starts a trend to break up the mega unions. last 15 years have seen an explosion in union consolidation. i can almost guarantee that a majority of the carrier usw workers thumbed their nose at their leadership that was pushing killary and hating on trump

union consolidation has been a rousing success for the nyd.dc.skype - they've concentrated the power into a few hands that they control. usw is prime example
It should be bleeding obvious to any union member now that their leadership hasn't acted in their interest for several decades, in throwing their support behind globalist politicians exporting jobs to Mexico, S. Korea, China, India. The choice between Clinton and Trump has made that clear!

[Horn]

It'd be interesting to know how many U** workers are actually producing anything, or even interested in producing anything, on a pension with part time consulting benefits.

50% probably dont really care oneway or another whether U.S. is producing for the future, just so long as they dont have to drop their Netflix subscription imediately.

[cheka.]

It'd be interesting to know how many U** workers are actually producing anything, or even interested in producing anything, on a pension with part time consulting benefits.

50% probably dont really care oneway or another whether U.S. is producing for the future, just so long as they dont have to drop their Netflix subscription imediately.

around here (houston) 99 percent are producing - the 1 percent are local union chairmen. there is no usw pension, insurance...all that is whatever company offers

[cheka.]

first piece of info on the deal is out (surely there is more to it..defense contracts, etc... trump team met with UT ceo)

saved 700-800 jobs, carrier still sending 1,300 to mexico....a 'US' company that has 2/3 of its 200,000 employees already offshore. carrier gets to shift 7 million tax burden to US taxpayers

http://www.wsj.com/articles/indiana-gives-7-million-in-tax-breaks-to-keep-carrier-jobs-1480608461

Greg Hayes, chief executive of United Technologies Corp., wasn’t there to see Mr. Trump. He rode the gold-colored elevators to see Vice President-elect Mike Pence, and the two men then shook hands on a deal that seemed impossible months earlier, say people familiar with the matter.

The Indiana governor was offering $7 million over 10 years to encourage the company to keep in the state roughly one-third of the 2,100 jobs it planned to ship to Mexico. United Technologies would also get credit from the state for keeping 300 research and headquarters jobs that it didn’t plan to shift abroad.

The company will keep about 800 jobs it had planned to move out of the Indianapolis plant, but it still plans to move 600 jobs from that factory to Mexico. United Technologies also will proceed with plans to close a second plant in Huntington, Ind., that makes electronic controls, moving 700 other jobs to Mexico.

In addition to Carrier, United Technologies makes Pratt & Whitney jet engines and Otis elevators. It employs about 200,000 people, about one-third of them in the U.S.

[Horn]

there is no usw pension, insurance...all that is whatever company offers

more or less a credit union to request cost of living increases secure new loans (or continue receiving Netflix subscriptions)?

[Neuro]

first piece of info on the deal is out (surely there is more to it..defense contracts, etc... trump team met with UT ceo)

saved 700-800 jobs, carrier still sending 1,300 to mexico....a 'US' company that has 2/3 of its 200,000 employees already offshore. carrier gets to shift 7 million tax burden to US taxpayers

http://www.wsj.com/articles/indiana-gives-7-million-in-tax-breaks-to-keep-carrier-jobs-1480608461

Greg Hayes, chief executive of United Technologies Corp., wasn’t there to see Mr. Trump. He rode the gold-colored elevators to see Vice President-elect Mike Pence, and the two men then shook hands on a deal that seemed impossible months earlier, say people familiar with the matter.

The Indiana governor was offering $7 million over 10 years to encourage the company to keep in the state roughly one-third of the 2,100 jobs it planned to ship to Mexico. United Technologies would also get credit from the state for keeping 300 research and headquarters jobs that it didn’t plan to shift abroad.

The company will keep about 800 jobs it had planned to move out of the Indianapolis plant, but it still plans to move 600 jobs from that factory to Mexico. United Technologies also will proceed with plans to close a second plant in Huntington, Ind., that makes electronic controls, moving 700 other jobs to Mexico.

In addition to Carrier, United Technologies makes Pratt & Whitney jet engines and Otis elevators. It employs about 200,000 people, about one-third of them in the U.S.

The fact is that Carrier should pay 35% of the product value they send to US from Mexico in tariffs, if Trump stays true.

[Horn]

The fact is that Carrier should pay 35% of the product value they send to US from Mexico in tariffs, if Trump stays true.

right that would be an import tax, not a vat or tariff, let the vendor pay it.

It does not work so well if you have 0 domestic product competitors and primadona regulations like u.s. or europe, Carrier would just pass expense to buyer. Any new domestic startup competitor would still have a no win situation vs. even if it were 75% Carrier would probably have reversed their decision with any republican admin corp. tax adjustment.

The only companies that are able to operate in first west world are heavily subsidized through governments everywhere contract or otherwise its all stupid and unfree.

[Neuro]

right that would be an import tax, not a vat or tariff, let the vendor pay it.

It does not work so well if you have 0 domestic product competitors and primadona regulations like u.s. or europe, Carrier would just pass expense to buyer. Any new domestic startup competitor would still have a no win situation vs. even if it were 75% Carrier would probably have reversed their decision with any republican admin corp. tax adjustment.

The only companies that are able to operate in first west world are heavily subsidized through governments everywhere. its all stupid and unfree.
I think Trumps suggestion was to slap the 35% tax on US companies that move production from US to say Mexico, on what they then sell from their Mexico plant to the US. A way I suppose to raise the bar in terms of moving production abroad.

Now this particular deal with Carrier is only done for symbolic purposes. To show that Trump is a deal maker and a man of action...

[Horn]

Carrier probably had some large .gov contract that were lost to prior, so they thought the move beneficial. not sure that there are many in that league that dont have split operations already taking benefits where they can?

Whats a BMW or little Audi cost in Germany, Neuro?

[Horn]

Obama was there for 8 years and everymove was tailored with megacorp, its not like megacorp has some powerful magic wand, they're simply the functioning arm of big .gov anymore.

Why when this Greenday stooge cries no fascist U.S.A. it is laughable to no end.

Megacorp. is only a scapegoat in many areas.

Oh except for Apple they are completely fascist and Greenday dude probably operates in Ios

[Neuro]

Carrier probably had some large .gov contract that were lost to prior, so they thought the move beneficial. not sure that there are many in that league that dont have split operations already taking benefits where they can?

Whats a BMW or little Audi cost in Germany, Neuro?

BMW/Audi cost in Germany? Less than their listed price I would assume, if you ask about manufacturing cost?

[Horn]

BMW/Audi cost in Germany? Less than their listed price I would assume, if you ask about manufacturing cost?

They are more expensive there than anywhere else on the planet is my understanding. One guy i know said it were upwards of $55k for the little Audi A-plebe. here in costa rica with tariff even less.

Real Manuf Economics does not make sense anymore in todays governed world.

[Neuro]

They are more expensive there than anywhere else on the planet is my understanding. One guy i know said it were upwards of $55k for the little Audi A-plebe. here in costa rica with tariff even less.

Real Manuf Economics does not make sense anymore in todays governed world.

I don't know about new car prices in Germany, but I know a lot of people go there to buy used Audi's, Mercedes' and BMW's, as they are significantly cheaper than in Sweden, apparently cars lose value in Germany quicker than other places.

In Turkey these cars are about twice the price of Sweden/Germany brand new, and loss of value drop is slower, you see a lot of very expensive cars in Istanbul, despite the Tariff. And Turkey is nowadays one of the biggest producers of cars in the world, as the Fiat Fiorino/Citroen Nemo/Peugeot Bipper is manufactured there.

[Horn]

That to me is what tariff is best at, maintaining high value of low quality items. Turkey a motor vehicle production giant yet has highest priced vehicles...

Sounds like a huge class separation exists there.

I'm not sure the world needs more low quality and .gov income.

imo it needs far less of both those items. These moves seem plotted when you look at recent history, to spark dollar inflation

[Neuro]

That to me is what tariff is best at, maintaining high value of low quality items. Turkey a motor vehicle production giant yet has highest priced vehicles...

Sounds like a huge class separation exists there.

I'm not sure the world needs more low quality and .gov income.

imo it needs far less of both those items. These moves seem plotted when you look at recent history, to spark dollar inflation

The last thirty maybe forty years we have seen less protectionism, but I would say less quality too. Sure things used to be more expensive, but they tended to last longer also. Globalism doesn't equal quality. Maybe when you have to look at pennies to be able to compete globally, you start cutting corners in terms of precision manufacturing standards?

[Horn]

When a large portion of a product's end cost winds up in the hands of bloated government. I wouldn't expect any more from any product's quality. For me the initial purchase would have a less quality experience... :)

[Neuro]

When a large portion of a product's end cost winds up in the hands of bloated government. I wouldn't expect any more from any product's quality. For me the initial purchase would have a less quality experience... :)
Do you work for government? The quality of your posts suggests you do...

[Horn]

Do you work for government? The quality of your posts suggests you do...

Everyone works for the Government.

If you dont they throw you and jail and that works for them too.

The only question is how much work I can avoid doing for them.

[cheka.]

trump mentions tariff....but very narrow application. this is NOT what was promised

http://www.usatoday.com/story/news/politics/onpolitics/2016/12/04/donald-trump-tariffs-carrier-rexnord/94953500/

Trump renews threat of tariffs on companies that move jobs overseas

Days after praising a deal providing tax breaks to a company for keeping jobs in the United States, President-elect Donald Trump is renewing his threat to slap tariffs on the products of companies that move jobs overseas in the future.

"There will be a tax ... soon" of 35% for companies that move overseas and try to sell goods "back across the border," Trump said during a Sunday tweet storm.

without retribution or consequence, is WRONG! There will be a tax on our soon to be strong border of 35% for these companies ......
— Donald J. Trump (@realDonaldTrump) December 4, 2016

wanting to sell their product, cars, A.C. units etc., back across the border. This tax will make leaving financially difficult, but.....
— Donald J. Trump (@realDonaldTrump) December 4, 2016

Pledging to cut taxes and reduce regulations on all businesses, Trump said that "any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. without retribution or consequence, is WRONG!"

USA TODAY

'Just a phone call': Trump officials downplay talk with Taiwan president

The tweets came days after Trump and aides celebrated a deal with the Carrier heat and air conditioning company, which abandoned plans to move some jobs to Mexico after the state of Indiana provided $7 million in tax incentives.

Even Trump supporters like former Republican vice presidential nominee Sarah Palin bashed the Carrier deal as "crony capitalism."

Now, critics are taking aim at Trump's revival of a threat he made during the presidential campaign, saying his claim to tax products made by U.S. companies overseas will lead to higher prices for American consumers.

"Pres-Elect Trump means well," tweeted Sen. Ben Sasse, R-Neb. "But won't his 35% tariff idea raise prices on American families? How would it not be a new 35% tax on families?"

Pres-Elect Trump means well. But won't his 35% tariff idea raise prices on American families? How would it not be a new 35% tax on families?
— Ben Sasse (@BenSasse) December 4, 2016

In his Sunday tweets, Trump said his 35% tax "will make leaving (the U.S.) financially difficult."

Trump appeared to be provoked by news that Rexnord, the Indiana-based bearing manufacturer, is planning to move jobs to Mexico.

"Rexnord of Indiana is moving to Mexico and rather viciously firing all of its 300 workers," Trump tweeted Saturday. "This is happening all over our country. No more!"

[Horn]

What he makes it sound is as if it is a tax penalty only for those currently considering to relocate?

Maybe why he consulted that lawyer a while back, i have no idea how he would/could attempt to apply anything that were not accross the boards on everywhere and import.

If not, it isnt anything like free trade, and even more so like controlled trade and only permissable by megacorp who is already in place?

Anyway completely Not doable in the U.S. under justice for all. He is better off being in Russia along side Putin if that is what he is getting at...

[Cebu_4_2]

What he makes it sound is as if it is a tax penalty only for those currently considering to relocate?

I think he is just letting them know that a 35% tariff will cause the companies financial burden when they want to bring foreign products back into the USi. All other companies will also have to face the same tariff. He is also saying that there will not be so much taxes to operate in the USi as there has been.

The biggest problem I see is these foreign companies only have to pay about $5.00 a day for employees. A 35% tariff would just cost purchasers more for the same crap we have been getting for many years. Either the USi has to drop wages to compete or other countries need to raise wages. Or the foreign companies will need to drop their prices to make up for the 35% tariff. No idea how that would work.

[Horn]

i know what banks are trying to achieve with Trumps help is making china and mexico into first world controllable nanny states. Good luck with that Banco.

Trump appears like he's just flyin by the seat of his pants, which i think he has been doing for most of his life and knows how to make it appear he knows what he is doing at all the details.

Typical salesman type and hype.

[Horn]

He probably knows that he receives import tax penalty when shipping somewhere outside U.S. to the third world...

If he thinks he can make those pass in U.S. he has is head fulla bolony.

[cheka.]

I think he is just letting them know that a 35% tariff will cause the companies financial burden when they want to bring foreign products back into the USi. All other companies will also have to face the same tariff. He is also saying that there will not be so much taxes to operate in the USi as there has been.

The biggest problem I see is these foreign companies only have to pay about $5.00 a day for employees. A 35% tariff would just cost purchasers more for the same crap we have been getting for many years. Either the USi has to drop wages to compete or other countries need to raise wages. Or the foreign companies will need to drop their prices to make up for the 35% tariff. No idea how that would work.

you can see how it works in US history. it was the american system - fund fed gov with tariffs and NO 'income' tax on its people

skype have completely turned that (like everything else) upside down -- to their parasitic liking

this, imo, is why 'they' howl on their nyc.media.megaphones when anyone mentions returning to the american system of tariffs funding gov

free trade religion is horseshit -- see US over last 50 years for proof

insert dozens of graphs here showing the negative effects on flyover america

[Horn]

i dont think he meant for an american system, that would be tariff on all imports not just u.s. corps.

He is speaking in penalty terms, imo i think he has his head up his ass if that is the case is an even more jewish system subject to the elites corruption in being a selective tax.

they get away with that shit in the 3rd world, keeping it away from anyone without a loan through them. Either pay 1/2 your profits to .gov or ship it back... why? because i do not get enough insider bribes from you, yet.

[cheka.]

i dont think he meant for an american system, that would be tariff on all imports not just u.s. corps.

He is speaking in penalty terms, imo i think he has his head up his ass if that is the case is an even more jewish system subject to the elites corruption in being a selective tax.

they get away with that shit in the 3rd world, keeping it away from anyone without a loan through them. Either pay 1/2 your profits to .gov or ship it back... why? because i do not get enough insider bribes from you, yet.

they are not US corps. they make it well known they are global corps

should tariff every import no matter where megaglobalcorp claims to be domiciled

[Horn]

they are not US corps. they make it well known they are global corps

should tariff every import no matter where megaglobalcorp claims to be domiciled

Trumps plan appears to be to handle every nation and mega u.s. corp or otherwise international corp. as selectively and indivually evaluated.

I think he could do possibly with individual nations, though not with coorporations U.S. if even tried it would wreck any new startup economy at its foundation with regards to imports. He would end up redefining the entire coorporate code for U.S. and he is already controversial enough.

Either way its a selective and deceptive jewish 3rd world commie plan, imo I dont think he will press when confronted with the reprecussions. If he does jew and foreign globalists will win U.S. megacorp itself and the U.S. set adrift in wasteland, Bernie wants the same thing.

[Horn]

easier would be to increase corporate tax across the board then offer taxless incentives to those 100% domestics, this would require business to reinvent themselves.

The focus and probe would remain where it should be then, on r u domestic, not r u foreign.

[crimethink]

My policy: stay in America, and be celebrated, or, leave America and have a 100% tariff applied to your goods, as well as earn a "very unfavorable" status when looking at giving you Federal contracts.

[cheka.]

Trumps plan appears to be to handle every nation and mega u.s. corp or otherwise international corp. as selectively and indivually evaluated.

I think he could do possibly with individual nations, though not with coorporations U.S. if even tried it would wreck any new startup economy at its foundation with regards to imports. He would end up redefining the entire coorporate code for U.S. and he is already controversial enough.

Either way its a selective and deceptive jewish 3rd world commie plan, imo I dont think he will press when confronted with the reprecussions. If he does jew and foreign globalists will win U.S. megacorp itself and the U.S. set adrift in wasteland, Bernie wants the same thing.

that is the loophole that i suspect might be used as the 'gotcha' -- where is megacorp domiciled?...which means jackshit. the REAL issue is where was product produced? do it offshore = pay the toll to sell into OUR gigantoid market that takes tax revenue to keep it operating

honda built in alabama = no tariff. honda built in mexico = tariff. incentive for honda to build in mexico rather than alabama = poof