Preamble: I've been rocked to my core by this campaign and election; I'm a reasonably intelligent pragmatist that drinks no party's Kool-aid...these posts are an effort to relate to the America I woke up to Wednesday.
Sunday, December 4, 2016
Jingle All the Way
On Carrier only moving half of those jobs to Mexico deal: wow...a sterling example of crony capitalism at its' best...and what don't we know? Moving those jobs would have saved the company 65 million; presumably, the incentives for staying has to be equal or greater. Terms of the deal we know are some state tax incentives, the promise of federal tax reduction and, oh right, federal contract renewals for parent company UTX that are in the billions. Both carrot and stick in action here. And the Carrier press release includes a potential rip-cord to bail in their free trade affirmation. Creating a ripple in the capitalism playing field for one company invites others to follow suit: why aren't traditional republicans screaming?
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