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The bad economics of Trump's Carrier deal
The Week ^ | 12/01/2016 | James Pethokoukis

Posted on 12/01/2016 1:04:51 PM PST by SeekAndFind

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1 posted on 12/01/2016 1:04:51 PM PST by SeekAndFind
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To: SeekAndFind

James Pethokoukis, you worry too much. Relax and enjoy the Trump Presidency.


2 posted on 12/01/2016 1:06:08 PM PST by Resettozero
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To: SeekAndFind

Apparently Mr. Pethokoukis would argue that “good economics” dictates that we send ALL our jobs overseas?


3 posted on 12/01/2016 1:06:28 PM PST by Buckeye McFrog
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To: SeekAndFind

1,100 jobs saved.

A plant that would have closed will undergo over $16 million in renovations.

Supply chain jobs saved—other small companies, restaurants,material suppliers, truckers,service providers of all types.

All because Donald Trump heard a young man’s statement on TV, and then Trump picked up the phone and called Greg Hayes of UTI.


4 posted on 12/01/2016 1:07:15 PM PST by exit82 (Making America Great Again begins with........me.)
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To: SeekAndFind

James Pethokoukis = Globalist

The only good job to this clown is a job leaving the United States.


5 posted on 12/01/2016 1:07:42 PM PST by Enlightened1
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To: SeekAndFind

Trump said the single Carrier plant had to deal with 53 new federal regulations, and that was the main reason they decided to relocate. Trump also said that surprised him, and that his administration will gut these job killing regulations along with reducing the business tax rate to “near” 15%.

Donald, you magnificent bastard!


6 posted on 12/01/2016 1:08:22 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

Wow a lib that all the sudden is concerned about ‘shareholders’. What a great guy.


7 posted on 12/01/2016 1:09:00 PM PST by wareagle7295
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To: Buckeye McFrog

you’re RIGHT. What a dumb@ss.


8 posted on 12/01/2016 1:09:24 PM PST by nikos1121 (I hear Kasich is being considered for post master general.)
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To: SeekAndFind

Jimmy P is a regular on Larry Kudlow’s weekly radio show and was against Trump the entire election. I’m not surprised he’s unhappy about this deal and expect him to continue pouting.


9 posted on 12/01/2016 1:09:53 PM PST by Dahoser (Separation of church and state? No, we need separation of media and state.)
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To: SeekAndFind
To be fair, exactly why Carrier reversed course is still something of a mystery.

To be fair James, your an idiot.

10 posted on 12/01/2016 1:10:14 PM PST by eyedigress ((Old storm chaser from the west))
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To: SeekAndFind

Trump is going to attempt to bring the whole US into better condition.

I guess kind of like me. I’m too fat. I was ordered by the doctor to go on a sensible diet, because my current one was dragging me down.

If this doesn’t work, then the incentivization will have been in vain.


11 posted on 12/01/2016 1:10:14 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind

It may or may not be a good thing. We are exploring new territory here and trump is trying to figure out how to give companies proper incentives and threats. I am all for going down this path because this willingness to rethink jobs and trade is the only thing that kept clinton out of the white house.


12 posted on 12/01/2016 1:10:22 PM PST by BRL
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To: SeekAndFind
Imagine business after business, year after year, making decisions based partly on pleasing the Trump White House.

It'll be better than: business after business, year after year, making decisions based entirely on the demands of an Obama White House.

13 posted on 12/01/2016 1:10:25 PM PST by WayneS (An appeaser is one who feeds a crocodile, hoping it will eat him last. - Winston Churchill)
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To: SeekAndFind

economics is indeed the dismal science

(although the first part of that formula is a lot more accurate than the second)

at least Mr. Trump is seeing to it that WORKERS’ JOBS are considered in these decisions...... Under Obama etal, workers’ jobs have NOT been a priority at all...except to export them as fast as possible to foreign countries

workers’ jobs are NOT going to be “minor externalities irrelevent to the decision” anymore. GO TRUMP!


14 posted on 12/01/2016 1:10:57 PM PST by faithhopecharity ("Politicians are not born. They're excreted." Marcus Tullius Cicero)
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To: SeekAndFind

Keeping manufacturing jobs in the USA is somehow a bad thing.

Right.


15 posted on 12/01/2016 1:12:02 PM PST by ScottinVA
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To: Oldeconomybuyer

Donald means business. Pray the Lord for his success. Lefties will be screaming bloody murder that their regime is getting torn to tatters.


16 posted on 12/01/2016 1:12:03 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind

Private sector? We’re way beyond free enterprise. Now, we must have populist economics! It’s the wave of the future and way better than letting businesses run themselves.


17 posted on 12/01/2016 1:12:48 PM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution.)
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To: faithhopecharity

I don’t know why it can’t be an optimistic science.


18 posted on 12/01/2016 1:12:52 PM PST by HiTech RedNeck (Embrace the Lion of Judah and He will roar for you and teach you to roar too. See my page.)
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To: SeekAndFind

Facts don’t matter.

Headlines matter.

Trump won.

Next?


19 posted on 12/01/2016 1:12:55 PM PST by Uncle Miltie (The Media were SuperPacs for Clinton. Throw them in prison.)
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To: exit82

I am glad that Trump made a point of his inspiration of Carrier.

He speaks of a world many know.


20 posted on 12/01/2016 1:13:13 PM PST by eyedigress ((Old storm chaser from the west))
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