Trump deal loses 1300 jobs before he ever takes office ..

[jc456]

1100 jobs stayed
1300 jobs are leaving

another FAIL to his list ..

Let us know when you stumble across some facts.

then let me know when you can comprehend some FACTS.

did you say facts?

 

[Vandalshandle]

1100 jobs stayed
1300 jobs are leaving

another FAIL to his list ..

Well, there was also his airline also failed after 4 years in which it never turned a profit.

 

[martybegan]

well I do, and if companies are allowed to fuck off stockholders and bondholders to protect union pensions, then the system is in trouble.

What retirement DO you have?

No idea. Nor do I care. We have compulsory super (I live in Australia) so I have no choice. Would rather use the money to invest in real estate. It's better to fuck off the stock holders than lose a whole industry. It wasn't just the pension funds, it was the industry itself.

Figures you have that attitude. Just trust government and assume everything will be fine in the end.... Is it a pension or just Australian Social security? Does it invest in anything, or is it paid out of government funds? You really should know this shit.

I check my 401k monthly, right now is dividend time. If companies are allowed to be bailed out and fuck over stockholders and bondholders, they whole system goes down, and guess where those pensions invest their money?

 

[Dr Grump]

[
wow business 101 and you failed. wow. do you know what stocks and bonds even are for? OMG, hly fk are these turds fked up. no wonder they voted in obummer, they don't know anything. voting in someone who doesn't know anything becomes easy at that point I guess. Companies go to an investment banker, which is not the same as a commercial bank, and convinces the investment bank to make a Initial Public Offering (IPO). The bank issues stock for sale to investors so the company gets money for things like R&D and future revenues from the product developed from R&D. The investor expects the company to produce a product that will make more money and increase the value of the stock. Bonds are very similar, but are a bit different as well. you buy a bond at a price hoping the company is successful and thus the bond matures and increases in value. Stock holders, bond holders are people like you and me. failure means money loss for an investor you stupid fk. Companies need investors everyday 365 days a fking year to remain in business.

I get all that. And if the industry collapses? The point of having stocks and bonds is...?

 

[Siete]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

 

[jc456]

[
wow business 101 and you failed. wow. do you know what stocks and bonds even are for? OMG, hly fk are these turds fked up. no wonder they voted in obummer, they don't know anything. voting in someone who doesn't know anything becomes easy at that point I guess. Companies go to an investment banker, which is not the same as a commercial bank, and convinces the investment bank to make a Initial Public Offering (IPO). The bank issues stock for sale to investors so the company gets money for things like R&D and future revenues from the product developed from R&D. The investor expects the company to produce a product that will make more money and increase the value of the stock. Bonds are very similar, but are a bit different as well. you buy a bond at a price hoping the company is successful and thus the bond matures and increases in value. Stock holders, bond holders are people like you and me. failure means money loss for an investor you stupid fk. Companies need investors everyday 365 days a fking year to remain in business.

I get all that. And if the industry collapses? The point of having stocks and bonds is...?

there wouldn't be an economy then. that's what if. we would die off. no products, means no food, no food means death. holy fk. come on the light bulb needs to go off at some time I'm hoping. no one can really be that stupid.

 

[Votto]

Breaking ! (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 !!!!!

For the first time ever, the media may now start counting the number of jobs lost over seas rather than ignoring it now that Trump is in office.

 

[Dr Grump]

Figures you have that attitude. Just trust government and assume everything will be fine in the end.... Is it a pension or just Australian Social security? Does it invest in anything, or is it paid out of government funds? You really should know this shit.

I check my 401k monthly, right now is dividend time. If companies are allowed to be bailed out and fuck over stockholders and bondholders, they whole system goes down, and guess where those pensions invest their money?

I don't trust govt at all. It's a private superannuation fund. And if the industry collapses the stock and bond holders are fucked anyway.

 

[keepitreal]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

PRETEND you can read, and get a room with harley ..

Nice "cumback", did you scrape it from the back of your throat?

 

[jc456]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

so tell us what this means?

In return, the company will get roughly $700,000 a year for a period of years in state tax incentives.

then tell us how much in taxes the state will pull in with 1100 individual tax payers rather than the zero if they weren't employed? And, paying out unemployment money? What kind of stupid fk are you all? OMG. it keeps getting richer.

 

[Vandalshandle]

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.

I'd tell you to go to mexico and come back and show us the quality of the work.

Obviously, you don't live anywhere near the border. I have had my dental work done in Mexico for 10 years, and the work is excellent. In reality, I will be there again in 2 weeks. the Tucson dentist wanted $8,000. The Nogales dentist wants $1,200 for the exact same procedure. let me know if you want me to pick up some Viagra for you for 20 cents per pill, or maybe some Gentleman Jack, at 60% of the US price.

well do they have obummercare there? no wonder why! and you think you're laughing at us. you're telling everyone how fked up obummercare actually is. thanks.

I'm glad you brought that up. America is the only country in the world that saddles their businesses with providing heath insurance for their employees. Ford has been spending more of their own money for health insurance than they have paid per car for steel since 1977. And folks on the right think that is a GOOD thing, and then blame Ford for moving their assembly to countries where employers don't provide group insurance. It amazes me how folks like you can not grasp how our present health insurance structure puts out industry at a total disadvantage on the world market, when it is such a simple thing to understand.

 

[Dr Grump]

[

I get all that. And if the industry collapses? The point of having stocks and bonds is...?

there wouldn't be an economy then. that's what if.[/QUOTE]

Exactly. See my link. There was high speculation that if the auto industry and gone into a tail spin your country would have gone into a long recession.

But don't worry. Go around criticising Obama and Bush for saving a whole industry while putting Trump on a pedestal for allegedly saving 1100 jobs.

 

[Siete]

Breaking ! (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 !!!!!

For the first time ever, the media may now start counting the number of jobs lost over seas rather than ignoring it now that Trump is in office.

its not the media, its the dipshit RW's ... Dobbs posted the depth of outsourcing America years ago .. Republicans blew it off.

 

[TNHarley]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

Whats you point, dude? Nobody gives a shit. He saved jobs. Jobs that will turn into tax money. I thought you leftist statists liked tax $?
Bribing companies to stay isn't out of the normal. And you just about have to considering the leftist policies that rape our private sector.

 

[martybegan]

Figures you have that attitude. Just trust government and assume everything will be fine in the end.... Is it a pension or just Australian Social security? Does it invest in anything, or is it paid out of government funds? You really should know this shit.

I check my 401k monthly, right now is dividend time. If companies are allowed to be bailed out and fuck over stockholders and bondholders, they whole system goes down, and guess where those pensions invest their money?

I don't trust govt at all. It's a private superannuation fund. And if the industry collapses the stock and bond holders are fucked anyway.

Well this is how your funds are broken down, don't you think letting corporate shareholders and bondholders (everyone but public sector) would hurt your retirement?

 

[easyt65]

An Earthquake hits
A wall is collapsing, about to crush 5 people
You jump into action, pull 2 clear
Those 2 live, 3 die

Liberal Logic: 'You are responsible for the deaths of 3 people'.

 

[Vandalshandle]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

Whats you point, dude? Nobody gives a shit. He saved jobs. Jobs that will turn into tax money. I thought you leftist statists liked tax $?
Bribing companies to stay isn't out of the normal. And you just about have to considering the leftist policies that rape our private sector.

I don't care one way or another, myself, because since I don't live in Indiana, the state will not be able to dip into my pocket to pay for Trump's give-aways.

 

[Siete]

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.

Oye vay....where does it end?

Another unarmed moron who thinks he can actually have
a battle of wits with, of all posters, TNHarley

PRETEND you can read, and get a room with harley ..

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."


want the link Ellie Mae?

PRETEND you can read, and get a room with harley ..

Nice "cumback", did you scrape it from the back of your throat?

stfu, you're trolling.

 

[Dr Grump]

I don't trust govt at all. It's a private superannuation fund. And if the industry collapses the stock and bond holders are fucked anyway.

Well this is how your funds are broken down, don't you think letting corporate shareholders and bondholders (everyone but public sector) would hurt your retirement?[/QUOTE]

And if those industries collapsed?

 

[Iceweasel]

1100 jobs stayed
1300 jobs are leaving

another FAIL to his list ..

Let us know when you stumble across some facts.

then let me know when you can comprehend some FACTS.

The fact is your dirty baby diaper isn't my problem.