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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: lodi90

I’m tearing up. Nobody loves me.


101 posted on 12/01/2016 2:36:39 PM PST by morphing libertarian
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To: HiTech RedNeck

Statism is the last refuge of failed capitalist.


102 posted on 12/01/2016 2:38:05 PM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution.)
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To: HiTech RedNeck

so, how many companies have you ever run? Owned?

I know, I know......none


103 posted on 12/01/2016 2:39:32 PM PST by Thibodeaux (Exile Barack, Exile the Wookie, Exile Malia, Exile Shasha)
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To: central_va
A general rule for companies is that when costs increase then prices increase. In the other direction the price is set by the competitive environment.

Would Carrier lower their prices if they moved to a lower cost labor market. Maybe. Or maybe they would just book it as higher profits. Then it would ultimately flow to the stockholders.

I'm just saying that preventing companies from moving to lower cost labor markets has positive and negative benefits to you and me, employees in both countries, the government and the owners of the companies. We think keeping jobs at home even if by arm twisting by the government is a good thing. I mostly agree but not completely.

What I would prefer would be for the Tax Code to be designed to incentivize corporations in the direction of staying home because it lowers their costs and ultimately their prices.

104 posted on 12/01/2016 2:40:30 PM PST by InterceptPoint (Ted, you finally endorsed. About time.)
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To: elhombrelibre

Oh, so then what is globalism?

It is a nation-stripping fail. It’s like locusts. It’s like grazing the grass bare with no replanting then flitting on from place to place till there’s no more grass and then the cattle die... karma!


105 posted on 12/01/2016 2:41:38 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: Thibodeaux
I agree with you that the propose of a soulless state-less corporation is to make a profit. Hell most CEO would grind grandma up for a nice quarterly profit.

Juxtapose this: the purpose of voting is to get politicians to reign in the excess of "Free Trade" and global labor arbitrage.

All's fair.

Idiots like you ruined the Republican Party.

106 posted on 12/01/2016 2:42:10 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: Thibodeaux

What does that have to do with anything?

It used to be that golden American age companies weren’t trying to artificially peak THIS YEAR if they knew that would cripple their progress for decades since. Now they don’t care... a reckless government will print more and more money and basically impose a currency dilution tax on us.


107 posted on 12/01/2016 2:43:55 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: HiTech RedNeck
Ah, it’s the citizens/government’s money and not Carrier’s after all

The citizens of Indiana have decided that they want the state to provide certain services. Those services are of value to the citizens and the state's businesses.

They need to be paid for and the citizens accept that.

The state now wants Carrier to pay less but they haven't reduced the services they're providing. They're shifting the cost to all the other citizens.

You might have an argument if Carrier and their employees stopped using state services, but they aren't.

108 posted on 12/01/2016 2:44:34 PM PST by semimojo
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To: HiTech RedNeck

I think sensible and non sensible may agree with me. And though I am flattered that you’re concern about who are the types of folks who may agree with me, I believe agree-ers-with-me is off topic. Just sayin’ can we stick to the topic.


109 posted on 12/01/2016 2:44:37 PM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution.)
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To: Ouderkirk
That bothers me. A lot of Freepers are unaffected by that. It baffles me.

One factory closing is a tragedy. 70,000 closing is a statistic.

110 posted on 12/01/2016 2:44:56 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

TOUCHE... you have proven that rednecks (good thang) are even in Virginia still. So I don’t have to revise my song....


111 posted on 12/01/2016 2:45:19 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: elhombrelibre

Well you chewed on that fat.


112 posted on 12/01/2016 2:45:40 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

The winner was already picked the minute the company accepted a government contract. It’s only natural to expect that your company has to adopt pro-American policy if you want to do business with America.

If you do business with Walmart but your CEO keeps going on TV talking about how Walmart sucks and should be closed down, do you expect to keep them as a customer?


113 posted on 12/01/2016 2:45:58 PM PST by JediJones (We must deport all liberals until we can figure out what the hell is going on.)
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To: semimojo
You might have an argument if Carrier and their employees stopped using state services, but they aren't.

But what if they are still generating something net for the state compared to if their former territory was but an empty field?

114 posted on 12/01/2016 2:47:00 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: JediJones

Ooh, good additional point...


115 posted on 12/01/2016 2:47:43 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

Auto-bailouts and “clean energy” subsidies are PAYOUTS from the government to businesses. A tax break is not “crony capitalism.” It’s letting them keep the money they legitimately earned. Night and day difference from the government sending money to companies who may not have earned anything.


116 posted on 12/01/2016 2:48:37 PM PST by JediJones (We must deport all liberals until we can figure out what the hell is going on.)
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To: HiTech RedNeck

I’m just warming up. Free Traitors™ can KMA.


117 posted on 12/01/2016 2:48:46 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va
If they don't like it, they should do something about it.

"When a people lose the courage to resist encroachment on their rights, then they can't be saved by an outside force. Our belief is that people always have the kind of government they want and that individuals must bear the risks of freedom, even to the extent of giving their lives." - A.E. van Vogt

118 posted on 12/01/2016 2:50:32 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.d)
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To: central_va

It’s not an artificial concern. It’s like what I said, locusts, or overgrazing grass.

I guess companies could be free to suicide a country. But they got their reward of mere money, to parallel a bible principle. Asking for heaven for them is another story. And Trump was just one of the ways that those bent on such an existence have been told to go to hell. Let Mexico buy their stuff if they have to be in Mexico. But not us.


119 posted on 12/01/2016 2:51:49 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: HiTech RedNeck

What globalism is or is not is not my forte. Economic nationalism in its extreme can lead to autarchy. That’s not working well for North Korea. Property rights where folks move their money in the international arena to maximize profits may seem unpatriotic to some. I understand. Automation and efficiency has minimized pushed out some of the jobs lost in manufacturing. And, to be sure, I don’t see Americans as weak, stupid, or unable to compete with other nations and needing the government to protect them. In fact, I’m pretty sure that’s the definition of a Democrat policy.


120 posted on 12/01/2016 2:52:04 PM PST by elhombrelibre (Against Obama. Against Putin. Pro-freedom. Pro-US Constitution.)
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