Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Watch Corporate America Turn A Room Full Of Workers Into Bernie Sanders And Donald Trump Supporters
By Zach Carter
The past few years have been very good for United Technologies. The contractor does billions of dollars a year in business with the federal government. CEO Gregory Hayes pulled down nearly $10 million in 2014, and over $20 million the year before. On Thursday, the company reported $7.6 billion in profits, up from $6.2 billion the year before, and $5.7 billion the year before that. In October, United Technologies even expanded its stock buyback program to $12 billion. By spending the company's own money on it' stock, it elevates the value of its share prices. It was so flush with cash that it could burn money to boost returns for its investors.
Surely this largesse would trickle down to its rank-and-file employees, right?
Not exactly.
On Wednesday, Carrier, the air conditioner manufacturing wing of United Technologies, told workers at its Indianapolis plant that it would be outsourcing their jobs to Monterrey, Mexico.
Surely this largesse would trickle down to its rank-and-file employees, right?
Not exactly.
On Wednesday, Carrier, the air conditioner manufacturing wing of United Technologies, told workers at its Indianapolis plant that it would be outsourcing their jobs to Monterrey, Mexico.
Snip
http://www.huffingtonpost.com/entry/why-people-really-support-trump-and-sanders_us_56be3c46e4b0b40245c6a159
