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riversedge

(70,182 posts)
Thu Dec 1, 2016, 05:56 PM Dec 2016

P.Ryan Elites in DC should NOT be picking winners & losersthats a recipe for a closed economyfo

Ryan's buddy in WI--Gov Walker and his lacky's give out the same tax credits.




This Ryan tweet was included in the article:

Paul Ryan Verified account
?@SpeakerRyan

Elites in Washington should NOT be picking winners & losers—that’s a recipe for a closed economy—for cronyism.

https://twitter.com/SpeakerRyan/status/758454281804455936



“Paul Ryan trashed government deals to help specific companies — until Trump did it” https://thinkprogress.org/paul-ryan-donald-trump-carrier-crony-capitalism-db2db7ce5e69#.zie5ng9ee



Journalist, ThinkProgress. Twitter: @atrupar. Email: arupar@americanprogress.org
1 hr ago



Paul Ryan trashed government deals to help specific companies — until Trump did it


https://thinkprogress.org/democrats-will-botch-the-resistance-against-trump-1f8c211c7b68#.6dkq4ko6w
The Carrier deal is exactly the sort of “picking winners and losers” Ryan usually hates.


CREDIT: AP Photo/Alex Brandon

During a press conference on Thursday, House Speaker Paul Ryan (R-WI) was asked what he thought about the sweetheart deal President-elect Donald Trump and Vice President-elect Mike Pence struck with United Technology to keep about 1,000 Carrier manufacturing jobs in Indiana in exchange for millions of dollars in incentives.

“Well I’m pretty happy that we’re keeping jobs in America, aren’t you?” Ryan said to a reporter, adding that he couldn’t speak to the specifics of the deal, which won’t prevent 1,300 Carrier jobs from relocating to Mexico from Indiana. “I think it’s pretty darn good that people are keeping their jobs in Indiana instead of going to Mexico.”



Ryan’s response was a significant departure from what he’s said in the past about deals like the Carrier one. On Tax Day last year, Ryan released a statement blasting President Obama for allegedly wanting to provide “special carve-outs to his favorite industries.”


“Our tax code should not pick winners and losers,” Ryan wrote on behalf of a “simpler, flatter” tax code. “Our country can’t reach its potential with a tax code that punishes people for reaching their own.”

Ryan reiterated that sentiment in a video clip he shared to Twitter in July.

Even supporters of the Carrier deal acknowledge the approach Trump and Pence have taken is unsustainable.
Scott Paul, president of the advocacy group the Alliance for American Manufacturing, told the New York Times that “Carrier is special because it happened at the right time and the right place and it gained a high profile. But obviously, Donald Trump and Mike Pence can’t intervene every time a plant closes.”

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