What's the Carrier Deal?

[djsunyc]

first direct positive impact of trump for 1000 people:

http://fox59.com/2016/11/29/donald-trump-mike-pence-reach-deal-to-keep-majority-of-carrier-jobs-from-moving-to-mexico/

the question now is...what's the deal carrier made?

[The Velveteen Ocelot]

1. How can they be making deals when they're not even in office?

[unblock]

4. pence is governor of indiana.

the tax credits are from the state, not from the federal government.

trump is probably just involved to take credit.

[Chellee]

6. lol!

You posted while I was typing.

Great minds think alike.

[The Velveteen Ocelot]

8. OK, that makes sense.

The tax credits will, of course, help impoverish the state as far as social programs are concerned.

[Chellee]

5. Pence has been working on this for months.

He is still the Governor of Indiana.

[Dawson Leery]

2. Tax credits.

We have Lennox and will continue with them. I will not be giving Carrier any business seeing that they are playing around with Donnie Himmler.

[Hoyt]

7. Certai grades of Lennox and many parts are made outside USA, just the way it is nowadays.

[Hoyt]

3. Carrier was only sending about 5% of it's jobs to Mexico. Sounds like a smaller

number will go now. Plus, United probably figured they need more workers for defense contracts. Point is, mostly smoke and mirrors. If Trump did help actually keep a few jobs there, he deserves some credit, although not sure that's the case.

[Wellstone ruled]

10. Someone posted a story about

Carrier had already closed up 4 out of 5 buildings. And as the present models are phased out at the remaining plant. It will be closed. Sounds like the Con Job and his Pal are just jerking everyone's chain.

[Hoyt]

11. Definitely. Thanks for details.

[still_one]

12. A lot of what happened was due to pressure from the state, Indiana. The headlines all over now are

giving trump the credit.

[Wellstone ruled]

15. Notice the number being foisted

to the gullible stupid media. Using a even 1000 number,that sounds fishy at best. Been through 3 Corporate Wind-downs,got to hand it to the P.R. people on this one,so many false hopes to families who are never going to find work in that City.

[still_one]

16. no doubt about it, and the media will not tell the full story. If some jobs are saved though that

is a good thing. Problem is we won't ever know if the jobs remaining are eventually slated to move to Mexico. The original plan was to keep 300 management type jobs in Indiana, and move the production line work to Mexico

[still_one]

9. really, the majority of jobs. 2100 jobs were slated to be moved from Mexico. The fox news link

says 1000 jobs saved

If I understand this correctly, that leaves 1100 job bye bye

As others have pointed out Trump isn't even President, unless of course he promised United Technologies something special, or Indiana negotiated it.

More likely though, Carrier, and United Technology were getting a lot of bad press on this, and modified the number of layoffs.

Carrier is still shipping jobs to Mexico, its just that faux pseudo news doesn't report everything:

"Air-conditioner maker Carrier, which is owned by United Technologies, announced in February that it would be shipping more than 2,000 jobs from two Indiana plants to Mexico. A video posted on YouTube captured some of the workers' reactions as company president Chris Nelson delivered the news."

https://www.thestreet.com/story/13547785/1/united-technologies-profits-from-moving-its-carrier-unit-to-mexico-sorry-donald-trump.html


What I just said David Corn observed also:

https://twitter.com/DavidCornDC?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

First of all this has nothing to do with trump. Here is what I suspect will happen. The original move wasn't supposed to happen until late in 2017. What I think they are doing for "good PR", is to move half now, and the other half later, keeping about 300 mangers

Fox news, if you want to be misinformed

[djsunyc]

13. sending out 2000 jobs

https://twitter.com/mattyglesias/status/803781107099533312

Matthew Yglesias ✔ @mattyglesias
Getting a special tax deal from Indiana in exchange for moving 2,000 jobs to Mexico rather than all 3,000 seems like a pretty good deal.
9:02 PM - 29 Nov 2016

[djsunyc]

14. also

https://twitter.com/JustinWolfers/status/803770794765651968

Justin Wolfers
?@JustinWolfers Justin Wolfers Retweeted David Faber
Every savvy CEO will now threaten to ship jobs to Mexico, and demand a payment to stay. Great economic policy.