The Carrier deal stinks

Yes, I know. I had the misfortune of believing Trump's initial statements and so did the media. Later in the thread I corrected the error as more information came out.

 

Oh for god's sake...Enough with the golf...Eisenhower played at least 2 rounds per week and vacationed at Augusta...Nixon played more often than Obama, as well...Give it a rest...Makes you come across as a person who is not really intelligent...You certainly bore the hell out of me...

 

That $7 mil tax incentive is from the State of Indiana, not from the Feds. Just as Gov. Cuomo offers millions in tax incentives to companies offering to remain within the state or set up business within the state.

 

Come on, Barack Hussein Obama puts in more time on the golf links than Tiger Woods and is still a duffer.

 

You just don't realize how stupid you are...

 

Virtually every economist on the planet disagrees because you're not doing any favors for the economy as a whole, and you're actually hurting those who are employed by competing companies(not to mention the tax payers who pay for these deals). From an economic perspective, you are supposed to govern in terms of what serves the economy as a whole, not in the interest of a single company. Contrary to what some anti-capitalist might try to claim, economist are staunchly against corporatism. Their focus is the market, not individual corporations

There's a reason why economists are against the deal

http://www.politicususa.com/2016/12/01/economists-shots-trump-bribed-carrier-keeping-jobs-u-s.html

 

It wasn't a perfect deal, but there was very little time to do anything. Here's what I believe...lower the corporate tax, get rid of certain loopholes, get rid of ridiculous regulations and give a tax holiday to corporations that bring their dollars back in order to invest in America. All that matters is jobs for American citizens.

 

Then I guess you would claim the same for Micheal Jordan who claims the same.


Michael Jordan disses Obama's golf game. Which president was real First Duffer? (+video)
http://www.csmonitor.com/USA/Politi....-Which-president-was-real-First-Duffer-video
Michael Jordan disses Obama's golf game. ... an ex-pro football star and avid amateur golfer himself ... Who was the real First Duffer?

 

Those aren't bad ideas, but the notion that all that matters is a single company benefiting is not a notion that any economist supports. As for the deal being a bad thing due to a shortage of time.. I'm not sure if you're being serious, everything about the deal is premature considering its being coordinated before the president elect takes office. The notion that the deal's flaws are that there was a lack of time goes against every economic consensus. The deal isn't just bad because it was rushed, the deal is bad in its entirety. The consensus isn't that a better deal should have been made, but rather no deal with a single company should have been made to begin with. The free market economists are against it because it's the government trying to steer the market, and Keynesian economists are against it because it is designed to benefit a single company, which in turn is bad for the market and bad for jobs.

This isn't conservative economics by the way, the deal is as Sarah Palin titled it "crony capitalism" http://www.politico.com/story/2016/12/sarah-palin-donald-trump-carrier-deal-crony-capitalism-232139

 

We're way past ideology. I'm as fiscally conservative as it gets and I congratulate Trump and Carrier for the deal that was made.
Carrier was gone...adios, until Trump made the call.

 

Carrier was never going. The plan was always to maintain a hub at the site. It's Trump who span the facts to convince people that they were closing. And he got the state to pay much of the cost that should be paid by the private company.

 

Pure speculation.

 

Disagree strongly. Get rid of all payroll and corporate taxes entirely. A VAT tax on all final transactions with a pre-bate mailed monthly to all citizens. The more you spend the more you pay tax. The more you work, you keep all your money. All imported goods are taxed at the same rate as domestically produced goods, but now domestically produced goods do not have the corporate tax and their contribution to employees SS tax

Retailers will get say .5% of all revenues collected. a gold mine for them. SS security benefits will now be allocated per person at 65/68 at a certain rate regardless of your income. Just say every head of household gets 20,000 a year SS and your wife/Husband a slightly smaller check. People who were more well off have purchased more and paid more taxes but part of the taxes allocated to SS are allocated more to the less advantaged giving the program some progressiveness. Providing Health insurance is taken out of the corporate umbrella and added to the government, again a method of progressiveness.

No longer will the federal government pick and choose what companies get tax incentives, helping to also drain the swamp. Illegal immigrants, don't get the monthly pre-bate so this is tax on illegal immigration, lessening the chokehold they have on entry level/first jobs for the working poor.

This cuts domestically products by 25% at minimum and raises imported prices by the same margin. The government needs more money the tax rate has to go up, everyone pays the same tax rate so everyone gets hurt equally. rich-poor/ middle class no more buying elections.

 

Very well put. That is exactly my point as well.

 

They're still gone. Trump paid a boatload for 800 temp jobs. That boatload is going to pay for automating AWAY those very jobs

 

That's BS, but I'll take my chances.

 

What chance are you taking?

 

Supporting President Trump.