Posted on 12/03/2016 3:23:37 AM PST by JediJones
I am ecstatic for Carrier employees! Their bosses just decided to keep shop onshore. What a relief for hundreds of workers. Merry Christmas Indiana!
We don't yet know terms of the public/private deal that was cut to make the company stay, but let's hope every business is equally incentivized to keep Americans working in America.
Foundational to our exceptional nation's sacred private property rights, a business must have freedom to locate where it wishes. In a free market, if a business makes a mistake (including a marketing mistake that perhaps Carrier executives made), threatening to move elsewhere claiming efficiency's sake, then the market's invisible hand punishes. Thankfully, that same hand rewards, based on good business decisions.
But this time-tested truth assumes we're operating on a level playing field.
When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Meanwhile, the invisible hand that best orchestrates a free people's free enterprise system gets amputated. Then, special interests creep in and manipulate markets. Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail...
Reaganites learned it is POLICY change that changes economic trajectory...We need Reaganites in the new Administration.
However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes...schools...churches...businesses...
But know that fundamentally, political intrusion using a stick or carrot to bribe or force one individual business to do what politicians insist, versus establishing policy incentivizing our ENTIRE ethical economic engine to roar back to life, isn't the answer. Cajole only chosen ones on Main St or Wall St and watch lines stretch from Washington to Alaska full of businesses threatening to bail unless taxpayers pony up...
(Excerpt) Read more at youngcons.com ...
i agree with #70 - once corp taxes lowered this will be moot. but those Carrier jobs would have been long gone. also Trump wanted to draw a line in the sand regarding bringing jobs back, imperfect as it might seem. and........states are in competition with one another. to wit their tax codes. Texas is always advertising here in Cali = and NY (Cuomo) too about a better business climate. that is 2016 reality.
“So why didn’t she mention NAFTA? Palin seems to like her readers to think for themselves.”
Yeah, that is why she should have kept her mouth shut and paraded her purity of conservative thought for some other time instead of trying to rain on Trump’s parade.
“Corporations don’t pay taxes, their customers and employees do.”
That’s an ignorant statement made on the Internet by those that think it makes them seem in-the-know.
That retarded statement can be carried forward by saying those customers have companies that make money so they don’t pay taxes either, that their customer’s customer’s’ customer’s customer’s do. Which leads to the liberals claiming only the poor pay taxes.
The fact is corporations do pay taxes. Any idiot with an ounce of common sense knows this and understands the consequences.
You might as well claim like Obama that “they didn’t build that”.
Excellent post. Palin is claiming that NAFTA isn’t crony capitalism when it is.
You betcha!
Good,reply.
If anyone was helped it was Carrier’s union. How is that cronyism? The irony is rich,
Come on, the election is over.
(Yes, yes, there are still the recounts, but they will not lead to anything but the possibility that once inaugurated President Trump may use Mme Stein’s arguments to press for legislation reforming the voting system(s).)
So public discussion about policies should not only be allowed but encouraged. And in this case I don’t see her trying to rain on Trump’s parade, but sending a warning to a lot of conservatives who appeared to laud the Carrier deal not as a stop-gap measure but as future policy.
Conservatives, republicans, voters in general should help Trump/Pence to push for a lower corporate tax and then you will probably have to fend off some of all the hundreds of companies trying to move back to the US. :-)
Sadly, I hear her voice when I read her words. That is not a good thing.
I’m perplexed that you should not get it.
If Trump offered Carrier targeted benefits that are not available to every corporate person, then he just became what he loathes.
Yea right. Gotcha. Check out the bottom line fool.
I love Sarah, but some things are best discussed privately.
No it is not! Gov. Palin’s picture is with her name at the top of the article.
Dear Sarah, this is what should be done for all companies to keep them in the US. Crony capitalism is about government picking who succeeds and who fails based on how much the company kicks back. In the last 8 years I’ve gone from loving you to like you to now kind of ignoring you.
We already have enough "mavericks" with McCain and his girlfriend Linda from SC.
It is.
Who is the bottom line fool? Seems for such a smart little girl, you are ignorant of punctuation.
Dead On.
It’s just a way to run businesses without the personal responsibility of ownership of the business. A way for the rich to avoid going bankrupt when their corporation goes bankrupt.
No, I'm quite happy to let the Constitution do that. There is no practical difference between your "incentives" and interstate tariffs.
"OK, let’s level the playing field and do away with all taxes altogether."
Equal protection under the law (including taxation) is fundamental to our form of governance. "Selective tax breaks" for specific businesses violates that principle.
"Then we don’t have to worry about corporate bribes. We also don’t have to worry about taxpayer supported education, taxpayer supported politicians, taxpayer supported infrastructure.
Apples and oranges.
Concur. As an emergency stop-gap, the approach is acceptable...but the right thing to do is to change the overall economic environment.
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