Good move by the President elect

[BmorePat87]

(12-01-2016, 08:36 AM)Belsnickel Wrote: Snark aside, bathroom use is a civil rights issue, like it or not, and that is a role of the Executive to protect the civil liberties and rights of the people. I never said that the POTUS shouldn't have focus on the economy, though. A move like this, however, is an overreach by the federal government. Well, it would be if it was actually what it is being advertised as.

https://www.washingtonpost.com/posteverything/wp/2016/12/01/bernie-sanders-carrier-just-showed-corporations-how-to-beat-donald-trump/?utm_term=.5cf400a84ea3

Op Ed by Bernie

Quote:President-elect Donald Trump will reportedly announce a deal with United Technologies, the corporation that owns Carrier, that keeps less than 1,000 of the 2100 jobs in America that were previously scheduled to be transferred to Mexico. Let’s be clear: It is not good enough to savesome of these jobs. Trump made a promise that he would save all of these jobs, and we cannot rest until an ironclad contract is signed to ensure that all of these workers are able to continue working in Indiana without having their pay or benefits slashed.

Quote:Trump will reportedly give the company tax and regulatory favors that the corporation has sought. Just a short few months ago, Trump was pledging to force United Technologies to “pay a damn tax.” He was insisting on very steep tariffs for companies like Carrier that left the United States and wanted to sell their foreign-made products back in the United States.

Quote:In essence, United Technologies took Trump hostage and won. And that should send a shock wave of fear through all workers across the country.

Trump has endangered the jobs of workers who were previously safe in the United States. Why? Because he has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives. Even corporations that weren’t thinking of offshoring jobs will most probably be re-evaluating their stance this morning. And who would pay for the high cost for tax cuts that go to the richest businessmen in America? The working class of America.  



Let’s be clear. United Technologies is not going broke. Last year, it made a profit of $7.6 billionand received more than $6 billion in defense contracts. It has also received more than $50 million from the Export-Import Bank and very generous tax breaks. In 2014, United Technologies gave its former chief executive Louis Chenevert a golden parachute worth more than $172 million. Last year, the company’s five highest-paid executives made more than $50 million. The firm also spent $12 billion to inflate its stock price instead of using that money to invest in new plants and workers.

Does that sound like a company that deserves more corporate welfare from our government? Trump’s Band-Aid solution is only making the problem of wealth inequality in America even worse.

Trump specifically called out Carrier, said they would not move jobs if he were President, and threatened them with a tax if they did. Now they're getting tax breaks for keeping some of the jobs in the country.

That's like me threatening to write up a student if they cut class and then offering them an "A" if they stayed while they stood by the door.