The Trump Effect? After Carrier pledge to keep jobs in US, more companies may follow

[evince]

he paid them to not move a few jobs it mexico


they are moving more jobs to mexico than he paid them to keep here

 

[anatta]

Look at Bernie Sanders solution: how does this grow GDP? do we want to micro-manage how corps run their business?
That's the alternative ( doing nothing is NOT an alternative)
https://www.washingtonpost.com/post...showed-corporations-how-to-beat-donald-trump/

We need a president who can stand up to big corporations, not fold to their demands.

we need to re-instill an ethic of corporate patriotism. We need to send a very loud and clear message to corporate America: The era of outsourcing is over. Instead of offshoring jobs, the time has come for you to start bringing good-paying jobs back to America.

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.

 

[cawacko]

let them leave and then ban their product

So we should stop importing items?

 

[evince]

many are foreign owned stupid

 

[evince]

how do you force foreign owned corps to be patriotic stupid fucks

 

[PostmodernProphet]

So we should stop importing items?

from companies that leave the US?......why not.....its sort of like not paying any more attention to people who left the Republican Party.......logic works that way.......

 

[evince]

corporations will NEVER be patriotic you fucking idiots

 

[Timshel]

many are foreign owned stupid

So you are worried about our 1%ers, not our workers?

 

[Rune]

And this is going to be your fallback every time Douchebag Donald engages in some leftist economic initiative. You will make this sort of argument, even though it's not one that actual conservatives and Republicans would have ever made prior to now. Such begins the Trumptard defense of everything Douchebag Donald.

Exactly. Well spoke.
The entire right has changed their tune about everything including the sanctity of the Constitution itself.
Disgusting self serving hypocrites to a T.

 

[cawacko]

how do you force foreign owned corps to be patriotic stupid fucks

Supply chains Desh

 

[evince]

So you are worried about our 1%ers, not our workers?

dude



they are saying we need to make corps be patriotic



they are foreign owned


how do you make a foreigner be an American patriot

 

[cawacko]

Exactly. Well spoke.
The entire right has changed their tune about everything including the sanctity of the Constitution itself.
Disgusting self serving hypocrites to a T.

Careful hoping on your high horse there champ

 

[evince]

Supply chains Desh

that doesn't make them patriots idiot

 

[anatta]

Look at Bernie Sanders solution: how does this grow GDP? do we want to micro-manage how corps run their business?
That's the alternative ( doing nothing is NOT an alternative)
https://www.washingtonpost.com/post...showed-corporations-how-to-beat-donald-trump/

We need a president who can stand up to big corporations, not fold to their demands.

we need to re-instill an ethic of corporate patriotism. We need to send a very loud and clear message to corporate America: The era of outsourcing is over. Instead of offshoring jobs, the time has come for you to start bringing good-paying jobs back to America.

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.

It penalizes corps for adjusting to markets ( if outsourcing is the only way to stay profitable/it causes corps to become leery of doing business with the feds if they are subject to pay backs. It causes CEO's to get paid more cash -less bonus if bonuses are at risk. reducing working capital

It would cause Corps to move overseas pre-emitively to avoid future sanctions..none of this is desirable.

We have to work with our corps, and then do tax reform and regulatory reform. We have to compete with the world,
but we can do it better without disadvantages our markets currently have in place

 

[evince]

Well, there's too lol.

Socialism/free market capitalism isn't an either/or proposition in the real world: most often there's elements of both in any economic policy.

The fact is the deal with Carrier has both elements; so if you want to bash Trump over its socialist elements, it's there for the taking. And it's also a fact that allowing Carrier to keep its money is a conservative proposition.

It's kind of a wash at the end. Given that, I think it was a good move because it saved jobs.

because even you know your right wing bullshit is failure in practice

 

[evince]

It penalizes corps for adjusting to markets ( if outsourcing is the only way to stay profitable/it causes corps to become leery of doing business with the feds if they are subject to pay backs. It causes CEO's to get paid more cash -less bonus if bonuses are at risk. reducing working capital

It would cause Corps to move overseas pre-emitively to avoid future sanctions..none of this is desirable.

We have to work with our corps, and then do tax reform and regulatory reform. We have to compete with the world,
but we can do it better without disadvantages our markets currently have in place

let them leave and ban their product from reintroduction into our market


let some other American company fill then US void

 

[cawacko]

that doesn't make them patriots idiot

Do you understand how supply chains work Desh?

 

[anatta]

let them leave and ban their product from reintroduction into our market
let some other American company fill then US void

sure Desh.."OK get that manufacturing plant out of here!" "Lets build another one..." *rinse and repeat*

I'm sure you are going to get a lot of capital investments for start-ups that way...

 

[evince]

they don't care about America asshole

 

[Timshel]

that assumes their product is no longer competative, and needs subsidizing to survive. It doesn't.
Carrier is competative/profitable.
The only reason they wanted to move was "long term placement" blah blah -meaning they could make yet more with Mexican labor.

But they STILL make money here without the subsidies - if they weren't so consumed with corporate greed they could have stayed here
and stayed profitable..the product is still profitable without the tax incentives -but not as much so.

Then why subsidize them? Nothing I said assumes that Carrier/UTI needs a subsidy to survive.

How to we combat corporate greed?? that is a bigger question.

Giving them taxpayer money and special favors to increase their profits does not seem like a good solution to this "problem" imagined by leftists.