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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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To: semimojo

Again, nonsense. Tax breaks to businesses cannot “cost the citizenry anything” because it isn’t the citizenry’s money. It certainly isn’t the state’s money, but philosophy aside, the math doesn’t support your argument. The loss of jobs caused by over taxation and over regulation deprive the tax base of far more revenue. I’ll trade a dollar for ten, and the state should too.


221 posted on 12/02/2016 3:45:07 AM PST by Hugh the Scot ( Total War)
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To: semimojo
This subsidy may well be for the public good and is certainly legitimate under our system of government, but to quibble over what it's called is silly.

No; it is NOT 'silly'!

Re-defining things today is an art form; done by those who wish to mask the TRUE nature of that being re-defined.

Undocumented workers? Illegal aliens?
No; border invaders.

Alternate lifestyle? LGBT 'rights'?
No; SIN.

Choice? Unwanted woman's tissue?
No; death of a HUMAN being.


There are many more; but you get my drift; I hope.

222 posted on 12/02/2016 4:34:11 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: cynwoody
What are we to do about America's moribund agriculture industry?

It is a problem; isn't it...




223 posted on 12/02/2016 4:47:53 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: HiTech RedNeck

Good point!


224 posted on 12/02/2016 5:05:52 AM PST by Phillyred
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To: Hugh the Scot
Tax breaks to businesses cannot “cost the citizenry anything” because it isn’t the citizenry’s money. It certainly isn’t the state’s money...

Who's money pays for the state services that the business uses?

225 posted on 12/02/2016 5:57:07 AM PST by semimojo
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To: Thibodeaux

So I guess George Washington was an anti capitalist. LOL. History is on my side not yours.


226 posted on 12/02/2016 6:09:54 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Elsie

Ah if Paco was getting paid $30/hr no company would move to Mexico. It’s about the cheap labor. You can fool yourself and into believing otherwise but that doesn’t make it true.


227 posted on 12/02/2016 6:12:55 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Elsie
Re-defining things today is an art form...

As I asked upthread, if a public university chooses to charge one favored group of students les for the same education as everyone else would you object to calling that a subsidy?

If not, what's the difference between that and a state choosing to charge one entity less in taxes than the others yet providing them the same level of services?

228 posted on 12/02/2016 6:14:56 AM PST by semimojo
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To: central_va
It’s about the cheap labor. You can fool yourself and into believing otherwise but that doesn’t make it true.

I didn't say it wasn't.

I merely pointed out that labor is only ONE piece of the pie.

Businesses WILL do whatever it takes to lower production costs.

229 posted on 12/02/2016 6:18:46 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: elhombrelibre

The Republican Party is becoming the dominant political party in the USA because Trump had successfully marginalized the teeny tiny minority of Free Trader Crony global capitalist that run(ruin) the Party to the point where the average person actually believes in the Party - again. The Republican Party is returning to its protectionist roots - hurray! Not a minute to soon.


230 posted on 12/02/2016 6:20:01 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: semimojo
As I asked upthread, if a public university chooses to charge one favored group of students les for the same education as everyone else would you object to calling that a subsidy?

No.

But; businesses WILL 'charge' whatever the market will bear.


GM will take a Chevy pickup; plunk GMC logos on it, call it PROFESSIONAL and charge MORE for it because there are some customers that perceive a greater value in what they are buying.

231 posted on 12/02/2016 6:21:50 AM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: semimojo

What “state services” are you referring to that aren’t being paid for, exactly?


232 posted on 12/02/2016 7:16:10 AM PST by Hugh the Scot ( Total War)
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To: Hugh the Scot
What “state services” are you referring to that aren’t being paid for, exactly?

An educated workforce, public roads used by the business and it's employees, a functioning court system, state police services, a state tax collection system.

Want more?

233 posted on 12/02/2016 7:27:20 AM PST by semimojo
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To: semimojo

There’s that math again... There is MORE money coming in with the business taxes reduced and 1000 more people employed than with the business CLOSED and 1000 people out of work.... Those are your only choices.


234 posted on 12/02/2016 7:29:30 AM PST by Hugh the Scot ( Total War)
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To: semimojo

Where is the money for those things coming from once the business moves to mexico? I’m not going to waste my time explaining where public highway money comes from to a person who’s being wilfully obtuse.


235 posted on 12/02/2016 7:34:51 AM PST by Hugh the Scot ( Total War)
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To: Elsie

True nuff. How can people be so hard hearted, so played by evil.


236 posted on 12/02/2016 7:48:58 AM 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: Hugh the Scot
There is MORE money coming in with the business taxes reduced and 1000 more people employed than with the business CLOSED and 1000 people out of work...Those are your only choices.

Actually, there's a third choice. Indiana has a 4.4% unemployment rate. How about the employees laid off from Carrier get jobs with businesses that can make an acceptable profit operating in Indiana without taxpayer subsidies?

Lots of businesses in the state failed or had to lay off employees last year. Why didn't the state jump in to subsidize them? Why Carrier?

237 posted on 12/02/2016 7:51:41 AM PST by semimojo
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To: central_va; Elsie

And the problem is making a slow mess of America.

I’d be in favor of putting an exception into the minimum wage law, if not getting rid of it, and go ahead and let companies that stay in America scrape the low end as low as they think they can make it viable. Paco is some uneducated dude that they trained in Mexico. Why can’t they do that to our urban unemployed here? It would lighten the welfare budget and some of these people would be able to use this as a stepping stone to a more lucrative career.


238 posted on 12/02/2016 7:54:27 AM 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: semimojo
Actually, there's a third choice. Indiana has a 4.4% unemployment rate. How about the employees laid off from Carrier get jobs with businesses that can make an acceptable profit operating in Indiana without taxpayer subsidies? Lots of businesses in the state failed or had to lay off employees last year. Why didn't the state jump in to subsidize them? Why Carrier?

I read you are still butt hurt over Carrier and Indiana working out an agreement to keep a plant in Indiana. What you have ignored from the 'get - go' is, government using we the people (as we are government) to tax and regulate a business out of business. Taxation is NOT a compact, it is big daddy using the force of law to control business and people. Then the layer upon layers of 'regulations' spewed out of these control freaks from upon high, are for the purpose to harm/control one aspect of the business world while benefiting a favored business.

Perhaps your bottom line is being harmed by Carrier staying in Indiana?

239 posted on 12/02/2016 8:02:58 AM PST by Just mythoughts (Jesus said Luke 17:32 Remember Lot's wife.)
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To: Hugh the Scot
I’m not going to waste my time explaining where public highway money comes from to a person who’s being wilfully obtuse.

Right. And the other services I mentioned?

240 posted on 12/02/2016 8:03:03 AM PST by semimojo
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