Posted on 02/13/2016 1:21:48 PM PST by Extremely Extreme Extremist
INDIANAPOLIS -- Donald Trump is weighing in on the news that Carrier is moving from Indianapolis to Mexico.
1,400 workers at the heating, cooling, air conditioning, and refrigeration company got word Wednesday that the plant was being relocated to Monterrey.
(Excerpt) Read more at theindychannel.com ...
Career politicians and their lawyers should wear uniforms like NASCAR drivers, so we know who their corrupt corporate sponsors are.
A major political figure acknowledges the raping of the American economy. Knock me over with a feather.
A great way to do this would be to allow companies to repatriate overseas profits without taxation if the money was spent on capital investment inside the US.
Being nice doesn’t work.
Like +30
Thank you, now throw him out the back door.
He is absolutely correct.
And look at what those idiots at Boeing have done:
In order to get a fat 787 contract from All Nippon Airways, they transferred much of their most advanced aircraft technology to Mitsubishi.
Now the Japanese are "volunteering" to build Boeing aircraft in Japan.
US taxpayers directly and indirectly paid billions to develop that aircraft technology, and the suits at Boeing gave it all away.
FYI Free Traitors are thugs.
"A nation that cannot control its borders is not a nation."
--Ronald Reagan
It’s like these corporate offshorers want to make Trump President !
Tariffs are duties on specific items of trade and not a general tax. You know that but still you misrepresent the facts.
Customs can impound just about anything crossing the border for just about any length of time.
They can go ahead and make the units in Mexico: they just can't sell them.
Trump's ultimate answer is simply to tariff the imports until there is no business case to move the jobs overseas.
That would not usually mean that the US operation would run at a loss-- it would simply not be as profitable; or, to be more precise, more of the income would go to labor and less to capital.
Like the 50's and 60's, when, you know, the US economy must have been terrible because US employers could not engage in Third World labor arbitrage.
“One wonders what executive order he could sign that would stop this.
Or, what threat could he make?”
Presidents have huge discretionary power over trade and immigration. For example, every year the President “certifies” that China, Vietnam, India, Mexico... etc are not currency manipulators, and so are not eligible for trade sanctions.
Start there.
--Ronald Reagan
They could introduce him to one of those 10 ton sheet metal shears at the plant, and tell him they really know where to cut costs.
For example: TPP provides OPEN, FREE Immigration among all signatory countries. There goes what remains of our jobs in the USA.
We could perhaps avoid buying Carrier units from now on, and buy from a competitor who still employs people in this country. Let the Carrier units stay on the shelf in Mexico. Then again some poor Mexican might lose his job and we can’t have that! /sarc
"U.S. Senator Joe Donnelly says the head of the Carrier Corporation could not point to one federal regulation which the company says was responsible for its decision to relocate facilities in Indianapolis and Huntington to Mexico."
"U.S. Senator Joe Donnelly says the head of the Carrier Corporation could not point to one federal regulation which the company says was responsible for its decision to relocate facilities in Indianapolis and Huntington to Mexico."
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