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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe White House Just Obliterated Trump's Jobs Carrier Stunt With A Giant Fact Bomb
The Hill reported that Press Secretary Josh Earnest said that the White House was pleased that the jobs were staying, then he added:
If (Trump) is successful in doing that 804 more times, then he will meet the record number of manufacturing jobs created during Obamas eight years in office.
Earnest went further, saying that the roughly 800,000 jobs he cited were new jobs created under Obamas watch. He said the president protected more than a million additional manufacturing jobs in the Midwest with his bailout of the auto industry.
The one difference would be the president-elect is talking about protecting jobs, he said. The metric Im using is actually creating jobs.
What the White House didnt mention, but is also true is that Donald Trump and Mike Pence have now set a precedent in their dealings with Carrier that every CEO in the United States is going to use. Trump better be prepared to for a flood of companies demanding tax cuts and concessions or they will take jobs out of the United States. Trump and Pence wont care if their PR ploy sets off a binge of ransoming local and state governments across the country.
http://www.politicususa.com/2016/11/30/white-house-obliterated-trumps-jobs-carrier-stunt-giant-fact-bomb.html
http://thehill.com/homenews/administration/308107-white-house-downplays-trump-carrier-announcement
Wellstone ruled
(34,661 posts)SleeplessinSoCal
(8,992 posts)Hekate
(90,189 posts)....TrumpPence to undo in the first hundred days.
MFM008
(19,776 posts)Quit going along to get along.
If someone doesn't fight back soon I'm going to scream.
Wellstone ruled
(34,661 posts)this ah shucks approach to the Trash coming from the Wing Nuts has cost our Party thousands of State Legislative Seats,the House of Representatives,and the Senate,then throw in how many State Governorship's. Like one Rethug operative said yesterday,we have their number.
kacekwl
(6,993 posts)Best_man23
(4,889 posts)United Technologies will get something nice from the Voldemort Administration for keeping the Carrier plant open in Indiana.
frazzled
(18,402 posts)when they are not even sworn in as President and Vice-President? And even if they were, tax cuts and concessions are not something that can be done without Congressional action.
LakeVermilion
(1,022 posts)Trump never uses his own money.
Ilsa
(61,675 posts)Not that repubs would see it that way.
KT2000
(20,544 posts)since he is still governor of Indiana.
LittleGirl
(8,261 posts)Pence is still governor. I think he allowed 700k to go to Carrier just last week. I wonder if he had a gun to his head for the ransom.
Wounded Bear
(58,436 posts)there is a board in Indiana state gov't that can award tax credits without legislative approval. Pence appointed himself chair of that board, apparently. That might be why Pence didn't give up his seat in the Indiana Gov's office yet. They allowed the deal of around $800k/yr in tax breaks.
hughee99
(16,113 posts)And the Indiana taxpayers are going to pay roughly $800 for each of the 1000 jobs they'll be keeping in the state. Is this accurate?
Wounded Bear
(58,436 posts)sounds about right.
The kicker is that Carrier is a subsidiary of a major defense contractor. I think there will be some big defense money going their way.
ReformedGOPer
(478 posts)KT2000
(20,544 posts)all the time. They threaten to move to another state if they don't get breaks so the taxpayers - which does not include Boeing - end up footing the bill for all the infrastructure and services they require.
subterranean
(3,427 posts)Corporations have been demanding, and getting, tax breaks and other subsidies from states and cities for a long time.
Raster
(20,996 posts)...and was absolutely amazed at Boeing's "we're going to leave" taxation extortion schemes, which seemed to take place on a yearly basis.
KT2000
(20,544 posts)MFM008
(19,776 posts)Boeing sucks.
magicarpet
(13,935 posts)Boeing Received Illegal Tax Subsidy for 777X, WTO Panel Says
Julie Johnsson
, Andrea Rothman
, and Ian Wishart
November 28, 2016 10:06 AM EST November 28, 2016 11:59 AM EST
Boeing Co. received an illegal tax break from Washington state as part of $8.7 billion in aid to assemble the 777X and manufacture the jetliners carbon-fiber wing there, the World Trade Organization said.
An incentive cutting a state levy on gross receipts by 40 percent is a prohibited subsidy that must be removed, a three-judge panel said Monday in Geneva. The tax break, which takes effect when the first 777X is delivered in 2020, gives an unfair advantage to the U.S. planemaker to the detriment of overseas manufacturers, the WTO determined.
The European Commission said Boeing would gain $5.7 billion from the disputed benefit, while the U.S. company put the value at $1 billion over 20 years. The decision marks the latest twist in a longstanding clash between the U.S. and the European Union over government incentives to ease the heavy costs of developing new jetliners for Chicago-based Boeing and Europes Airbus Group SE.
(snip) - more at link
https://www.bloomberg.com/news/articles/2016-11-28/boeing-received-illegal-tax-subsidy-for-777x-wto-panel-finds
KT2000
(20,544 posts)of course they will appeal but I wonder how that may affect the state budget if upheld.
TheFrenchRazor
(2,116 posts)suffragette
(12,232 posts)KT2000
(20,544 posts)is for "some" jobs - 1,000. Once these companies get their deals, the follow through is non-existent. The states and taxpayers are taken as "some" jobs are kept local and many more move away for greater profits.
suffragette
(12,232 posts)What they want away for even more profit.
The people who pay are the workers, in fewer jobs, more taxes and/or cuts to services to pay for the breaks.
And the unions get circumvented, so their collective power and demands are minimized or negated.
Feeling the Bern
(3,839 posts)and Americans will believe him.
n2doc
(47,953 posts)Listening to CNN, all they could do was blather on about how Trump had 'fulfilled' one of his biggest promises! For Reals! They interviewed some bozo spewing made up crap about how Trump 'had likely' made Carrier do this on pain of losing defense contractor dollars. Yeah, right.
SunSeeker
(51,367 posts)cilla4progress
(24,585 posts)He's black!
rurallib
(62,342 posts)Yo_Mama_Been_Loggin
(107,063 posts)That's going to leave a mark.
TheFrenchRazor
(2,116 posts)gulliver
(13,142 posts)Yep, the media is sure going to keep an eye on the guy. This approach is going to work wonders for Trump.
Obama didn't realize that he didn't need to create or keep nearly as many jobs as he did. All he needed to do was pick out one or two specific companies and play up their plans to move jobs out of the country to the media. Then he makes a deal with them and plays that up to the media. The media eats it up. The white working class eats it up.
Trump can do this every six months, and the media would dutifully report his job saving heroics in large print on the front page. Meanwhile he might lose thousands of jobs per month net in the monthly jobs report. The media will dutifully put that in small print in the business and economy section. The economy could lose a million jobs in Trump's first four years, and Trump will be called a "Jobs President" by the Republicans. The Dems will gape in disbelief. The media will explain that the two parties disagree on Trump's jobs prowess.
Gothmog
(143,998 posts)This deal is very expensive and is short sighted
hughee99
(16,113 posts)The govt (federal, state or local) reduces the taxes a company would owe in exchange for that company behaving in some way that they would not normally behave.
AngryAmish
(25,704 posts)Calista241
(5,584 posts)I mean seriously. He should have mentioned it in every speech, talked about it in every interview, and Jay Carney should have started and ended his press conferences with that information every day.
Dustlawyer
(10,493 posts)buying advertising from them. Get ready to see Carrier ads day and night for awhile.
The McDonald's coffee case is a prime example. The media reported that "Woman spills hot coffee and wins millions!"
They failed to report that Mickey D's had raised the temp of the coffee to make more coffee per bean and stay fresh longer. After confidentially settling the resulting burn cases they saw it was still very profitable. The lady in that case almost died and had he clitoris and labia removed. The award was a couple of million (1 day of coffee sales) but the judge reduced it to $900 k.
The media dared not report that for fear of losing a big advertiser. They did the same with the BP oil spill. They have never reported what has really happened down here and just how bad it was/is!
rockfordfile
(8,682 posts)Doreen
(11,686 posts)when tax break deals like that happen for big companies the low level workers and other working poor have their tax increased. It is amazing how much tax comes out of a poor persons work check for taxes each month. When someone says working poor do not pay their share they either are stupid or uninformed. The workers at Carrier are going to pay the price for keeping their job.
Jeffersons Ghost
(15,235 posts)Politicub
(12,163 posts)A bunch of short term meaningless bullshit that's going to set our country back 40 years.
0rganism
(23,855 posts)come 2020, Trump's job numbers will be whatever he decides they'll be
i'm betting on somewhere between "terrific" and "fabulous"
TonyPDX
(962 posts)Dark n Stormy Knight
(9,760 posts)"a flood of companies demanding tax cuts and concessions or they will take jobs out of the United States" to get something they want for propaganda purposes. They were already prepared to give them that for nothing.
robbedvoter
(28,290 posts)to keep up with Obama. Glad they used it!