It IS cronyism. They’re still offshoring over half the jobs, and for that they get rewarded with lower taxes. It’s a pure PR move, everybody gets to pretend Carrier isn’t leaving, and meanwhile they’re leaving.
I’m wondering how all this UTC stuff is going to shake out.
Congress just cut funding for F-35s [P&W/UTC company makes the engines for the F-35] and also cut were the Black Hawks [made by UTC/Sikorsky]
The Machinists union at UTC is about to vote on their new contract; rumblings of a strike.
Life is complicated.
'Cronyism' would be if Carrier donated to Trump's campaign for a tax break. What is it with the obsession of taxation to fund the mighty government 'god'.