Trump to Announce Carrier plant to keep jobs in USA
Last edited Tue Nov 29, 2016, 11:58 PM - Edit history (2)
Source: New York Times
From the earliest days of his campaign, Donald J. Trump made keeping manufacturing jobs in the United States his signature economic issue, and the decision by Carrier, the big air-conditioner company, to move 2,000 of them from Indiana to Mexico was a tailor-made talking point for him on the stump.
On Thursday, Mr. Trump and Mike Pence, Indianas governor and the vice-president elect, plan to appear at Carriers Indianapolis plant to announce theyve 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.
Roughly 10 percent of United Technologies 56 billion in revenues comes from the federal government, with the Pentagon its single largest customer. Its Pratt & Whitney division, for example, supplies the engines for the Air Forces most advanced fighters and host of other planes.
While Carrier is best known for its air-conditioners, it also sells a variety of other heating and cooling equipment for homes and small businesses, like the furnaces and fan coils made at the Indianapolis factory.
Read more: http://www.nytimes.com/2016/11/29/business/trump-to-announce-carrier-plant-will-keep-jobs-in-us.html?smprod=nytcore-ipad&smid=nytcore-ipad-share
Better start looking for a couple hundred thousand more!
And don't forget those thousands of coal miners you made promises too .!
In this forum we all know what the trumpster is doing, why is it that we cannot get the truth out to them. Instead they get fed the lies from the limpdicks and the faux news, in other words, like the potus said today, its hard to tell the truth when every bar and restaurant has faux news on.....?????
Travis_0004
(5,417 posts)RonniePudding
(889 posts)I wouldn't give that monster credit if he cured cancer.
EL34x4
(2,003 posts)ExtraGriz
(488 posts)wonder if the deal includes free or discounted air conditioners for all of his motel....
Merlot
(9,696 posts)That's not a good job.
A "good job" would be creating NEW industry here in the US, not trying to keep old, out dated manufacturing jobs that will end up being paid minimum wage.
atreides1
(16,070 posts)United Technologies has defense contracts and they don't want to lose the money from that!
All Trump did was what he does in his regular business dealings...he extorted United Technologies, by hinting that they could lose those very lucrative defense contracts!
How much will Carrier have
And now the taxpayers of Indiana will be footing the bill...along with paying unemployment for 1,000 workers!
I want to give credit to Trump, but he is likely extorting or bribing them at taxpayer expense.
He will only get a modicum of credit from me if he can pass a real comprehensive jobs bill. Outside of that, the president has no real authority.
And even if he did that, he will be unable to offset his completely insane appointments and everything else.
pangaia
(24,324 posts)Travis_0004
(5,417 posts)I didn't see Obama and Hillary down there fighting for their jobs.
pangaia
(24,324 posts)Nothing this asshole does it what it seems and EVERYTHING he does is to benefit himself at the expense of whomever it take..
Somebody is getting fucked... maybe slowly but certainly....
atreides1
(16,070 posts)Take a look at this. This thing with Carrier, is only a short term fix to make Trump look good...not for the benefit of American workers!
https://www.yahoo.com/finance/video/trumps-tactics-saving-jobs-could-212115665.html
Travis_0004
(5,417 posts)LanternWaste
(37,748 posts)I can only imagine how difficult it must be to perceive two and only two choices in any given scenario. Though I certainly would miss the nuance, the context and the unique aspects each situation gives us, I can certainly understand the convenience of mental simplicity it grants.
Megahurtz
(7,046 posts)The last I heard is that Trump was offering something like a matched rate of pay the same as being paid to people living in Mexico so as to entice this company to stay in the US. I am not sure if I heard this correctly, but it better fucking not be true.
BlueStater
(7,596 posts)I doubt this self-obsessed asshole has helped even one person his entire sorry life.
kacekwl
(7,016 posts)wink-wink feel free to overbill us on your government contracts. Fooled the dummys again , they love me. Any benefits for workers in this fantastic plan or just more for the fellow 1%.
HAB911
(8,876 posts)The taxpayers will pick up the bill
TOO FUNNY
The Velveteen Ocelot
(115,659 posts)by making sure the employees receive the equivalent wages that the employers would have paid foreign workers if the factories had moved overseas. And no unions, of course.
pbmus
(12,422 posts)The jobs saved is less than 2000, know that for sure.
Ilsa
(61,692 posts)He found a way to screw over the employees on benefits or pay, I bet.
cstanleytech
(26,280 posts)mahatmakanejeeves
(57,377 posts)It has its own safety and health regulations. In accordance with the OSH Act, those regulations must be at least as rigorous as Federal OSHA regulations.
I'll have more tomorrow, but I'm on a slow connection.
ETA, Wednesday morning:
State Plans
cstanleytech
(26,280 posts)Sadie5
(1,933 posts)I expect you are right about the workers accepting Mexican equivalent pay. Unions would be barred from organizing the workers. Pence is certainly no friend to the factory worker and strictly right to work which he had passed in Indiana. I believe it is all talk to quiet the workers until trump takes office. Some of these workers who were desperate to keep their jobs were interviewed on TV admitting they voted Republican as Trump had showed interest in saving their jobs. The last of the workers probably won't be gone for at least two years.
pbmus
(12,422 posts)We must be vigilant in assessing his every move...
Dawson Leery
(19,348 posts)How much did this cost the taxpayer?
pbmus
(12,422 posts)All the details..
Vinca
(50,255 posts)Ilsa
(61,692 posts)They only pay about 14% of the budget as it is, down from 32% back when corps paid taxes. I can't imagine what regulations will be scrapped.
groundloop
(11,518 posts)Workers are going to get screwed. But hey, speaking of jobs, most of those people will soon have not 1 but 2 or 3 jobs in order to survive.
bucolic_frolic
(43,122 posts)for something that may or may not come to pass in the next Congress,
and before he's in office. This is just more pushing the agenda to distract
from the vote recounts. It's beginning to look to me like there really is
something to hide.
LuckyLib
(6,819 posts)highplainsdem
(48,959 posts)picking up the bill for whatever tax breaks or other inducements were offered to Carrier by Pence.
https://twitter.com/CNBC/status/803754383204818944
pbmus
(12,422 posts)That the Trumpster does..
And business will pay less...
Travis_0004
(5,417 posts)pbmus
(12,422 posts)Which is definitely not going to happen in the foreseeable future. Which will eventually lead to much greater inequality and worse working conditions which will inevitably lead to more worker discontent which will lead to more people in the street...nonviolent at first...
kacekwl
(7,016 posts)contracts for a start. Then see what their position is
Turbineguy
(37,312 posts)Nobody is doing anything because it's good or right.
pbmus
(12,422 posts)@CNBC So the state gov gives subsidies using taxpayer money and presents it as a victory.
Master manipulator...
Turbineguy
(37,312 posts)got after democrats for buying jobs that way.
Sadie5
(1,933 posts)that United Technologies would leave too. At least that's what I got from the article yet it was said in the beginning that United Tech would continue business as usual in Indianapolis. I'm willing to bet that Carrier is already getting the best tax breaks to be had and tidbits are being thrown around to make Trump-Pence look good.
elmac
(4,642 posts)2 kids I know are threatening to shut down their lemonade stand and move to Mexico. I bet you can talk them out of it with another billion dollar government subsidy! You would be my hero!!!!
Wellstone ruled
(34,661 posts)posted a story last week stating the group involved are about 400 persons and Carrier had notified the UAW that the Building will be closed sometime in2019. This complex previously employed 14.5k workers.
DeminPennswoods
(15,273 posts)I'm glad 1000 or so people will keep their jobs for now. I'm sure there are millions of dollars of tax breaks, tax incentives and tax subsidies involved. Pence has been working on this for 9 months, it's being reported.
The union, if there is one, employees will likely be asked or required to make concessions as far as wages and/or benefits. Carrier is going to whoever offers them the best deal is the bottom line.
Meanwhile, at Carnegie-Mellon, a professor has branched out to his own start up company to commoditize AI machine learning...
RKP5637
(67,102 posts)with child labor. BTW, strip those damn filtering systems out of the smokestacks. Coal contaminants are great, they make people die early and reduce insurance costs and social security. Now that's a great plan, for a dystopian society! What an asshole he is. Oh, he loves asbestos too!
still_one
(92,116 posts)1000 still bye bye.
Carrier is still shipping jobs to Mexico
"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
djg21
(1,803 posts)I'm not inclined to patronize a business that is in bed with Trump, or is owned by any person who I know to be a dumbfuck Trumo supporter.
mahatmakanejeeves
(57,377 posts)Last edited Wed Nov 30, 2016, 11:13 AM - Edit history (1)
It's all he knows how to do.
He's waving a bright, shiny object in front of you. Meanwhile your pocket is being picked.
Count on it.
No collaboration with the neo-Nazis. Not now, not ever.
ramapo
(4,588 posts)Pence throws some inducements. Trump threatens to make the defense contracts a bit harder to get. Carrier keeps some of the jobs here. Great marketing deal. The media will be agog, the first step to making america great. Meanwhile the cabinet of billionaires takes shape...
Cryptoad
(8,254 posts)just purchased a failing factory with state subsidies that will never equal the amount of state revenue the factory can generate. ...... congrads all aournd
C Moon
(12,212 posts)Trump is an evil man. He would never do something for "America" without there being something in it for him.
We already have one DU member in this thread who is applauding Trump for this "deal" (I don't say that to be insulting, just to make my point).
I believe this will be Trump's focus from here on out: making small deals to make him look like a middle class president, when in fact, there is MUCH more going on behind closed doors.
This is very scary stuff.
I think we have a Hitler brewing in the U.S.
HAB911
(8,876 posts)unblock
(52,181 posts)Turbineguy
(37,312 posts)the details should become public information.
Money was moved.
hollowdweller
(4,229 posts)If the election was about the working people being taken hostage by the companies.
People can make light of it all they want but it was a fantastic move and helped over 1000 people.
I'm not a Trump fan, AT ALL, but I have to say it makes me really sad to see the first thing a REPUBLICAN president did was to save US jobs from outsourcing.
I think this will give Trump a huge boost just like the auto bailout helped Obama get re elected.
harun
(11,348 posts)Hope Dem's take notice.