Trump SAVES 1000 Carrier Jobs!....

[AuH20]

 

[AuH20]

From Zero Hedge:

Carrier will receive their own funds back from the state, while Trump will reduce the corporate rate for everyone.

 

[CPUd]

Federal access likely biggest factor in Carrier deal


Carrier Corp.'s decision to keep hundreds of jobs in Indianapolis had more to do with access to the federal government than state incentives, sources familiar with the deal told IndyStar.

Carrier is maintaining its Indianapolis operations largely because of the business interests of its parent company, United Technologies Corp., said John Mutz, an Indiana Economic Development Corp. board member. The IEDC awards state incentives, primarily training grants and tax credits.

Mutz, who was briefed on the state's offer to Carrier, said United Technologies "wants to make sure they maintain a favorable relationship" with the incoming Trump administration.

"This is an enormous company with all kinds of subsidiaries that do government work, and I am sure they want to keep it," Mutz said.

...

http://www.indystar.com/story/news/...-likely-biggest-factor-carrier-deal/94670496/

 

[jllundqu]

How can ANYONE who supports Trump, think that him injecting himself into the middle of what should be left to the market is a good thing? Do you want a President that assumes the power to pick winners and losers, to meddle in the free market, to..... ah well. I answered my own question. You DO want an authoritarian.

 

[AuH20]

How can ANYONE who supports Trump, think that him injecting himself into the middle of what should be left to the market, is a good thing? Do you want a President that assumes the power to pick winners and losers, to meddle in the free market, to..... ah well. I answered my own question. You DO want an authoritarian.

Can state taxes be characterized as the 'marketplace'? This was Carrier's revenue, no? Anytime tax input is diminished, it's a win. And look for this trend to continue at the federal level.

 

[CPUd]

https://twitter.com/justinamash/status/804398545948311553

 

[AuH20]

 

[AuH20]

Mexicans not happy.

http://truthfeed.com/breaking-mexic...eyre-unhappy-over-carrier-acs-decision/39044/

 

[AuH20]

 

[AuH20]

All this publicity is a boon for Carrier.

 

[robert68]

Mexicans not happy.

http://truthfeed.com/breaking-mexic...eyre-unhappy-over-carrier-acs-decision/39044/

No support of liberty is.

 

[AuH20]

Trump is on fire right now at his presentation in Indiana. He says they need to cut the corporate tax rate down to 15% from 35%. He also said that 53 federal regulations implemented over the last 6 years have cut into Carrier's productivity. The regulatory burden is far too taxing for American businesses.

 

[CPUd]

There are a total of (176) military contracts listed for United Technologies in the MiC database. Only those contracts with a value of $6.5 million USD or greater are reported by the U.S. DoD. * Indicates a "small business" classification per the US DoD. ** indicates a "small disadvantaged business" per the U.S. DoD. NOTE: the U.S. DoD only publicly reports contracts valued at $6.5 million USD or greater.

Contracts are listed by awarded date descending.
Total: $23,399,831,678


Contractor: United Technologies Corporation, Pratt and Whitney Military Engines
Department: Navy
Awarded: 11/8/2016
United Technologies Corp., Pratt & Whitney Military Engines, East Hartford, Connecticut, is being awarded a $167,502,348 fixed-price-incentive-firm target advance acquisition contract for long lead components, parts and materials associated with the low-rate initial production Lot XI of 48 F135-PW-100 propulsion systems for the Air Force; 14 F135-PW-600 propulsion systems for the Marine Corps; and 4 F135-PW-100 propulsion systems for the Navy. In addition, this contract provides for the long lead components, parts and materials associated with 41 F135-PW-100 and 3 F135-PW-600 propulsion systems for international partners and foreign military sales customers. Work will be performed in East Hartford, Connecticut (67 percent); Indianapolis, Indiana (26.5 percent); and Bristol, United Kingdom (6.5 percent), and is expected to be completed by May 2019. Fiscal 2016 aircraft procurement (Navy/Marine Corps and Air Force); international partner; and foreign military sales funding in the amount of $167,502,348 are being obligated at time of award, none of which will expire at the end of the current fiscal year. This contract combines purchases for the Air Force ($56,053,376; 33 percent); the Navy/Marine Corps ($45,257,275; 27 percent); international partners ($38,307,357; 23 percent); and foreign military sales ($27,884,340; 17 percent). This contract was not competitively procured pursuant to 10 U.S. Code 2304(c)(1). The Naval Air Systems Command, Patuxent River, Maryland is the contracting activity (N00019-17-C-0020).

...

http://www.militaryindustrialcomplex.com/totals.asp?thisContractor=United Technologies

 

[Dr.No.]

As many have pointed out, this is not a long-term solution. If it isn't automated engineering, its going to be the fact that labor is so cheap in other parts of the world. That is just the fact of different standings of living.

If I were Trump, I'd notice that there are many job openings for highly-skilled workers. The market can't find those workers domestically, and often, not even abroad. Let the government set up some kind of training programs so that we can transition workers to these new fields.

 

[tennman]

Pay for each job? Tax cuts give people and businesses THEIR money back. The state doesn't "pay" for it. Just because it's Trump, don't assign something negative that is actually a positive.

 

[AuH20]

 

[AuH20]

 

[presence]

..

 

[presence]

Let the government set up some kind of training programs so that we can transition workers to these new fields.

really?

smdh

"wants to make sure they maintain a favorable relationship"

thats all this is about; cozy relationships between politicians and their elite entourage of regulatory capture buddies

/end thread

 

[AuH20]

Hopefully, this is a beginning of a dialogue.

https://www.youtube.com/watch?v=drfDnMg8v8w&feature=youtu.be&t=1m