guno
Gold Member
- Banned
- #1
He threw a sop to the rubes,as an after thought
When Carrier, a division of United Technologies, announced that it was going to move 2,100 factory jobs to Mexico, Trump said he would make them keep the jobs domestic. The company's announcement that many positions would remain in Indiana became quickly seen by many as a victory.
But it wasn't. The "success" was much smaller than had been thought and the approach could create unrealistic expectations among other businesses while remaining largely unreproducible.
Fewer than half the jobs saved
The initial claim for the negotiations that Trump held with Carrier was that 1,100 jobs would be saved. That was already far from the 2,100 jobs supposedly threatened.
The full total saved, however, was smaller because 300 of the jobs were white-collar positions that were never going to be relocated.
United Technologies has received 819 state and federal subsidies worth a total of $881 million, or about $38.1 million a year for 23 years. That doesn't count 10 major loans worth $46 million over the same time. And that's just one company.
Trump's Carrier Deal Means Nothing for Future Jobs
When Carrier, a division of United Technologies, announced that it was going to move 2,100 factory jobs to Mexico, Trump said he would make them keep the jobs domestic. The company's announcement that many positions would remain in Indiana became quickly seen by many as a victory.
But it wasn't. The "success" was much smaller than had been thought and the approach could create unrealistic expectations among other businesses while remaining largely unreproducible.
Fewer than half the jobs saved
The initial claim for the negotiations that Trump held with Carrier was that 1,100 jobs would be saved. That was already far from the 2,100 jobs supposedly threatened.
The full total saved, however, was smaller because 300 of the jobs were white-collar positions that were never going to be relocated.
United Technologies has received 819 state and federal subsidies worth a total of $881 million, or about $38.1 million a year for 23 years. That doesn't count 10 major loans worth $46 million over the same time. And that's just one company.
Trump's Carrier Deal Means Nothing for Future Jobs
