jc456
Diamond Member
- Dec 18, 2013
- 139,220
- 29,150
Australia?how did he do that? GM wasn't moving?
They were going under....
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Australia?how did he do that? GM wasn't moving?
They were going under....
How did Trump's deal with Carrier lose 1300 jobs?
ALL of the jobs were already going to Mexico before the deal - Trump prevented 1,100 jobs from going to Mexico.
D@mn, you snowflakes are DESPERATE to manufacture fake news against Trump.
And Obama saved 1.5 million auto jobs. Who did the better job?
when did it start?the Trump Train Wreck of a Presidency
and the smart play. that's what inexperience gets he lost more money than GM otherwise would have. too stupid to discuss, just saying.How did Trump's deal with Carrier lose 1300 jobs?
ALL of the jobs were already going to Mexico before the deal - Trump prevented 1,100 jobs from going to Mexico.
D@mn, you snowflakes are DESPERATE to manufacture fake news against Trump.
And Obama saved 1.5 million auto jobs. Who did the better job?
It wasn't their jobs he saved, it was their pensions, which would have been worth pennies on the dollar if the Companies could have shed them to government insurance via bankruptcy.
I dunno, did Trump bailout Carrier while at the same time fucking over the bondholders and their competitors?How did Trump's deal with Carrier lose 1300 jobs?
ALL of the jobs were already going to Mexico before the deal - Trump prevented 1,100 jobs from going to Mexico.
D@mn, you snowflakes are DESPERATE to manufacture fake news against Trump.
And Obama saved 1.5 million auto jobs. Who did the better job?
Lol, what?No shit. People found this out a month ago.
Thanks for nothing, dumbfuck.
yet you lied about Trump bribing Carrier ... thanks for being a lying pos ... hairball.
It wasn't their jobs he saved, it was their pensions, which would have been worth pennies on the dollar if the Companies could have shed them to government insurance via bankruptcy.
I dunno, did Trump bailout Carrier while at the same time fucking over the bondholders and their competitors?
Neither one of these jokers deserve any credit, they're both guilty of unadulterated market interventionism using tax payer money to pick winners and losers, the only difference is Obama and his Merry Band of Central Planners did it on a much larger scale.
Again, Barry violated bankruptcy law when he 'nationalized' Chevy, sold off part of the company to a foreign company that was in worse financial debt, and lost money when his administration finally sold most of the stocks it retained.And their jobs. The industries ended up leaner and meaner and he also took away some of the unions's power . I'm surprised the right don't love him for it.
Lol, what?No shit. People found this out a month ago.
Thanks for nothing, dumbfuck.
yet you lied about Trump bribing Carrier ... thanks for being a lying pos ... hairball.
Trump deal loses 1300 jobs before he ever takes office ..
Ummm.. yeah...
2400 carrier jobs originally going to Mexico before Trump intervened
1300 carrier jobs going to Mexico after Trump intervened
Yet somehow in the brain of a certain LeftWingATopian Trump's intervention is responsible for a net loss of 1300 Carrier jobs to Mexico.
Let's see how that equation works
STUPID FUCKING HYPERPARTISAN NUMBSKULL * BRAINLESS MORON + SHITLOADS OF IDIOTIC PROPAGANDA = Trump lost 1300 jobs before he ever takes office.
I'd tell you to go to mexico and come back and show us the quality of the work.I wrote Trump and told him that if he gave me a $3,000 tax break, I won't have my $4,000 worth of dental work done in Nogales, Mexico for $2,000. I expect a response as soon as his people have gone through his campaign donation file looking for my name. He already knows that I am not on his "A" list, because I would already be a cabinet appointee.
And doesn't sound like those employees will be getting raises anytime soon. But in Republand workers are just happy to have a job. Workers are not happy they are a bunch of Bob Cratchit'sBreaking ! (added for RW drama)
Conveniently, we now have the details.
As Fortune reports, citing a source close to the company, Trump called Greg Hayes, CEO of Carrier’s parent company United Technologies, two weeks ago and asked him to rethink the decision to close the Carrier plant in Indiana. Hayes explained that the jobs were lower-wage and had high turnover, and the move was necessary to keep the plant competitive, according to the source. He said the plan would save the company $65 million a year.
Trump then replied that those savings would be dwarfed by the savings UTC would enjoy from corporate tax-rate reductions he planned to put in place. During the recent campaign, Trump threatened to slap tariffs on Carrier imports from Mexico.
So what were the "incentives"? In the end, UTC agreed to retain approximately 800 manufacturing jobs at the Indiana plant that had been slated to move to Mexico, as well as another 300 engineering and headquarters jobs. In return, the company will get roughly $700,000 a year for a period of years in state tax incentives. Still, some 1,300 jobs will still go to Mexico, which includes 600 Carrier employees, plus 700 workers from UTEC Controls in Huntington, Ind.
In summary, the "math" works out to $636 per year per job saved in tax savings: hardly an egregious sum, and one which could likely be extended to other companies (unless, of course, those other companies decide to hold Trump hostage and demand escalating pay schedules) if and when Trump's fiscal stimulus package is implemented. It remains to be seen if the popular response, outside of conservative groups, will interpret this trade off as taxpayer funded "moral hazard."
write this down ...
Still, some 1,300 jobs will still go to Mexico, which includes 600 Carrier employees, plus 700 workers from UTEC Controls in Huntington, Ind.
SUCKERS !!!!!
But you said it lost 1,300 jobs when it really saved 800. As opposed to obama doing nothing for business in eight years. You can't cover up your lies with insults.only Trumpbots suck Trumps cock for bribing a company and still losing more jobs than it kept.
Yeah Dumbfuck, the plan was for 2400 to be "leaving" before he intervened.Trump deal loses 1300 jobs before he ever takes office ..
Ummm.. yeah...
2400 carrier jobs originally going to Mexico before Trump intervened
1300 carrier jobs going to Mexico after Trump intervened
Yet somehow in the brain of a certain LeftWingATopian Trump's intervention is responsible for a net loss of 1300 Carrier jobs to Mexico.
Let's see how that equation works
STUPID FUCKING HYPERPARTISAN NUMBSKULL * BRAINLESS MORON + SHITLOADS OF IDIOTIC PROPAGANDA = Trump lost 1300 jobs before he ever takes office.
1100 stayed
1300 left
his deal BEFORE he took office
what part of that confuses you idiotboi?
I need it I know that.Lol, what?No shit. People found this out a month ago.
Thanks for nothing, dumbfuck.
yet you lied about Trump bribing Carrier ... thanks for being a lying pos ... hairball.
Wanna borrow my utter fucking nonsense to English translation device TN?
Again, Barry violated bankruptcy law when he 'nationalized' Chevy, sold off part of the company to a foreign company that was in worse financial debt, and lost money when his administration finally sold most of the stocks it retained.
Government sells last of its GM shares
"U.S. taxpayers no longer own any of automaker General Motors. The Treasury sold the last of its remaining 31.1 million GM shares today. It started with 500 million shares in 2010.
The taxpayer loss on the GM bailout is $10.5 billion. The Treasury department said it recovered $39 billion from selling its GM stake, and had put $49.5 billion of taxpayer money directly into the GM bailout."
Outsourcer-In-Chief: Obama Of General Motors
"GM’s December 31, 2011 annual report shows General Motors of North America accounting for 98,000 of the 207,000 GM jobs worldwide. But 12,000 of these jobs are in Canada and 11,500 are in Mexico. Accordingly, GM has 74,500 jobs in the United States and 122,500 abroad, even after Obama’s touted surge in Detroit jobs. Almost two thirds of GM’s jobs are in other countries."