Well yes, "Crony Capitalism" is probably too broad a term for the Carrier case particularly when compared to the actual examples supplied in abundance by Obama.
But this was a deal that favored Carrier but not the refrigeration industry in general. That is not the way to go and if not "Crony Capitalism" it is still favoritism and will be painted as political when the goal (saving 1000 jobs) was, IMHO, quite honorable.
Bottom line is that we need less of this going forward and a rapid move by Trump to lower taxes and regulations. That will do the trick.
And we certainly need less Mark Levin ranting on the subject. He is burning bridges way faster than even Trump could build them.
Well yes, “Crony Capitalism” is probably too broad a term for the Carrier case particularly when compared to the actual examples supplied in abundance by Obama.
But this was a deal that favored Carrier but not the refrigeration industry in general. That is not the way to go and if not “Crony Capitalism” it is still favoritism and will be painted as political when the goal (saving 1000 jobs) was, IMHO, quite honorable.
Bottom line is that we need less of this going forward and a rapid move by Trump to lower taxes and regulations. That will do the trick.
Well said -— though I think some action as a stop-gap can be justified to keep businesses here until proper laws are enacted.
Make the definition broad enough and you can bitch about anything and everything.
That's how you get the idiots who say you're being a good Christian when you put Americans out of work by shipping their jobs overseas because poor people there are our neighbors, too.
When you require weapons systems to be made 100% in the US with 100% US made components you're favoring some companies and not others if you want to look at it that way. The reality is, though, you're favoring American interests over foreign interests, exactly what I figure is at the bottom of how Trump worked this out.
People are fond of saying that companies don't really pay taxes anyway but instead pass them on to the consumer. Well, Carrier gets a tax break and there is less tax they have to pass on to the consumer and given the parentage of Carrier, I'm sure Trump made the point that under a Trump Administration defense contracts were going to be carefully looked at for both American content and for price.
6 out of 8 air conditioning companies which sell in the USA are NO LONGER in the USA.
How many jobs disappeared ??