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Trump threatens ‘consequences’ for U.S. firms that relocate offshore
Washington Post ^ | December 1, 2016 | Ylan Q. Mui, Matea Gold, and Max Ehrenfreund

Posted on 12/02/2016 2:35:02 AM PST by C19fan

President-elect Donald Trump on Thursday warned that the government would punish companies seeking to move operations overseas with “consequences,” setting the stage for an unusual level of intervention by the White House into private enterprise. Trump’s remarks came as he triumphantly celebrated a decision by the heating and air-conditioning company Carrier to reverse its plans to close a furnace plant here and move to Mexico, helping keep 1,100 jobs in Indianapolis. About 800 of those were manufacturing positions that had been scheduled to move south of the border, said a person familiar with the negotiations.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy
KEYWORDS: notfascist; outsourcing; trump
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To: Cowboy Bob

Trump said that Carrier’s biggest problem wasn’t taxes but rather a bunch of regulations that he didn’t even realize existed. There is so much junk in the regulatory system that the best way to find it is to call up these companies and let them tell you what is really going on


21 posted on 12/02/2016 3:51:46 AM PST by ari-freedom (The Social Justice War is over and we won!)
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To: TheStickman

But only in combination of doing everything we can to lower taxes and regulations


22 posted on 12/02/2016 3:55:47 AM PST by ari-freedom (The Social Justice War is over and we won!)
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To: ari-freedom

I agree 100%.

The de-regulation of American business is paramount to bringing back industries we literally ran off shore with too many nonsensical regulations. For decades the regulators have diminished our economy with anti-America BS.


23 posted on 12/02/2016 4:01:12 AM PST by TheStickman (And their fear tastes like sunshine puked up by a unicorn.)
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To: Vendome
Consequences is more than I am willing to support but, if he wants offer incentives, that’s different and I will support that.

LOL! The same folks who push the consequences meme never carped about how Obama threatened consequences for those who refused to cooperate in the illegal/un-Constitutional ObamaCare.

Trump's "consequences" are actually a combination of incentives and penalties (tariffs) which make perfect business sense if one actually wants to fight for American Citizens.

24 posted on 12/02/2016 4:09:12 AM PST by trebb (Where in the the hell has my country gone?)
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To: Nik Naym

Indeed. When did we as a party become opposed to businesses being given the freedom to strive towards achieving economically optimal solutions? If you have to be threatening companies to stay - or giving them incentives that ~other~ companies don’t get, for that matter - then that’s wrong. Our politicians job is to make the entire economic environment in the country such that companies ~want~ to stay. That it’s economically advantageous to stay.

Yes, labor in America is expensive compared to a lot of places. But we make that up in technological innovation and by avoiding the corruption and bribery you have in countries like China and India.

Or at least we’re supposed to.


25 posted on 12/02/2016 4:12:42 AM PST by OldGuard1
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To: Vendome

Agreed: In a free-enterprise, capitalistic society, the key is not to punish businesses for leaving, but to give them reasons to stay.


26 posted on 12/02/2016 4:13:16 AM PST by Labyrinthos
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To: Cowboy Bob
Trump needs to find out what makes US manufactured goods uncompetitive and remove them.

#1. Confiscatory tax rates that aren't competitive with the rest of the industrialized world.

#2. Cost of regulatory compliance (EPA Mandates, tax compliance, etc..)

Fix these two, the rest takes care of itself. Reagan proved that.

27 posted on 12/02/2016 4:17:02 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Clutch Martin; Donald J Trump
If you look at EPA rules in our current state of a gross lack of heavy industry to sustain our economy, you will notice that regulation in most cases has driven heavy industry to other countries with much less regulation. And that is the root cause of the problem.

And threats of 'consequences' won't make the problem go away. Government created the problem. The only peaceful way to solve the problem is for government to get its head out of its ass: quit creating problems, repeal/rescind the problems it has already created.

28 posted on 12/02/2016 4:23:08 AM PST by NorthMountain
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To: mikey_hates_everything

Great post!


29 posted on 12/02/2016 4:32:40 AM PST by proud American in Canada (May God Bless the U.S.A. (Trump: I will bear the slings and arrows for you, the American people))
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To: C19fan

Trump is effective.

Let him do hiis job


30 posted on 12/02/2016 4:38:13 AM PST by LouisianaJoanof Arc
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To: mikey_hates_everything

Great post (especially the screw you thing to WP), but don’t forget about that little thing called Obamacare.


31 posted on 12/02/2016 4:41:22 AM PST by moovova
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To: Alberta's Child

Yes, we should stop threatening consequences for murder and rape. Just provide incentives for people who don’t do those things. Consequences will only keep people from residing in the US.


32 posted on 12/02/2016 5:32:16 AM PST by freedomfiter2 (Lex rex)
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To: Labyrinthos

Allowing access to our huge market is a good incentive.


33 posted on 12/02/2016 5:34:17 AM PST by freedomfiter2 (Lex rex)
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To: freedomfiter2
Uh -- whut?

Equating something that could be a prudent business decision with murder and rape completely undermines your position.

34 posted on 12/02/2016 5:42:29 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: freedomfiter2
Part of the challenge there is that we're getting less "huge" over time.

We're still a prime market, but the reality is that 310 million people in the U.S. is shrinking in its appeal compared to more than 2 billion people in China and India alone.

35 posted on 12/02/2016 5:45:21 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Vendome

Like millions of our taxpayer dollars to carrier? That always works dt.. democrats have been doing it for decades. No wonder the carrier ceo was so grateful. I the millions of taxpayer dollars isn’t a one time credit, I bet. Pay to play, or paid to play I suppose.


36 posted on 12/02/2016 6:23:01 AM PST by momincombatboots (Pray for Sky, 20, two gunshots to abdomen, college student, hostess, easy prey n transformed US)
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To: Nik Naym

Reagan got it right, make the country attractive for business small and big and competitive and no one will want to leave.

I’m all for free trade as long as it is totally free trade, otherwise forget it.


37 posted on 12/02/2016 11:19:12 AM PST by sarge83
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