The bad economics of Trump's Carrier deal

The Week ^ | 12/01/2016 | James Pethokoukis

[HiTech RedNeck]

Something is terribly wrong when a company producing for a nation’s own consumption believes it has to be a better idea to go to a foreign country to do it!

Incentives have gotten perverse by that point. Erasing this mis-legacy is something that Donald Trump ran on.

[lodi90]

If Trump isn’t going to impose the tariff, I would announce a move to Mexico and cut my taxes.

---

You’re free to leave anytime you want. Nobody will miss you.

[elhombrelibre]

I’m not “the one beginning to presume on the others.” I’ve not any idea where that presumin’ might be. I favor markets where consumers decide based on price, quality, and any other value, and I do not favor government intervention, which is usually arbitrary and capricious intervention.

[HiTech RedNeck]

You have become one. QED

[IronJack]

Oh, I see. Sending those jobs to Mexico is GOOD economics, but keeping them here is BAD.

I should have studied harder in Econ ...

[HiTech RedNeck]

And guess what we already have HAD intervention in the form of policies whose only logical deduced effect was to DRIVE business to globalism! And I don’t mean to make and sell in foreign countries.

Donald is going to ROLL THAT BACK. What part of reversing an earlier pro-globalist intervention do you not understand?

[elhombrelibre]

Based on my support for free trade and capitalism, I’m a lacuna? Is that right?

[HiTech RedNeck]

Based on your assuming that anyone sensible has to agree with you and that I’m in opposition to anyone sensible.

[central_va]

I believe in free trade and capitalism INSIDE THE USA. Like our founding fathers did.

[HiTech RedNeck]

And what’s more free trade is a sell-your-country-man-out move if it isn’t balanced.

How about filling in THAT lacuna in your vision?

You want to be such a “libre hombre” that you’d even sell out your brethren.

[semimojo]

What is the problem with the State of IN allowing Carrier to keep their more of their own profits, instead of taxing it away from them for the next 10 year

Nothing at all provided that they also reduce spending by the same amount.

Otherwise they're taking $7M from all of the other citizens and giving it to Carrier.

[HiTech RedNeck]

Ah, it’s the citizens/government’s money and not Carrier’s after all. Thanks for the clarification.

[Ouderkirk]

Go to Google Earth.

Syracuse NY, Thompson Road in 2009 looked like this

Now it looks like this:

Gone.

[Thibodeaux]

your ignorance is getting the best of you

the purpose of business is to make a profit. The purpose of business is not to take care of your country men. any of your countrymen can start their own business to have a job. It is not necessary to rely on someone else for a job

[HiTech RedNeck]

Atomized selfishness of that kind WILL, not MIGHT, come back to bite you. GUARANTEED. Your purported “purpose” is suicidal. The Constitution is not a suicide pact.

[elhombrelibre]

I don't assume that you or anyone else has to be sensible to agree with me. I do believe that free markets and capitalism are the most successful economic approaches to material progress and compared to all the other ones that humans have tried we still see that they have failed and capitalist approaches have succeeded. I think that the struggles between the West and Communism drove this point home, too. I do not see capitalism as perfect or a venerable way of life, just more successful and efficient.

Anyway, have a good day.

[HiTech RedNeck]

So it is YOUR ignorance that is getting the best of YOU.

[mad_as_he$$]

+1.

[del4hope]

A familiar site, all across this great land.

[HiTech RedNeck]

Thanks for the confession, that the non-sensible are invited to agree with you in their non-sensibility.