The skepticism I have with this effort is that CEOs are slick. In this case all the jobs Carrier it moving over seas is not being saved. I am grateful for saved jobs somewhere in the neighborhood of 1000. But, aren't USA monies paid to this company good enough to protect all jobs?
United Technologies Military Contract (click here)
Pence is lying already. And the fact there are jobs leaving for Mexico speaks to the Obama administration. Those jobs leaving for Mexico were created during the Obama administration. The fact they are leaving speaks to the greed of the company hiring Americans. Companies were provided incentive to hire Americans after the Great Recession. Now that the jobs are suppose to be part of the United Technologies Company and the subsidies no longer apply the jobs are being shipped overseas.
When companies and public officials lie there is no clear way of believing anything they say. Why should I believe Pence when his speech is nothing but divisive?
Additionally, the Carrier CEO is setting a new paradigm for Wall Street. NOW, before a company exports any jobs, Wall Street firms will have 'at the ready' the jobs that are safe and staying in the USA while they outsource the jobs that were planned anyway.
CEOs lie and they know the public and this is a paradigm that needs policing to determine the extent the companies are patriot and proud to be "Made in America."
Additionally, the jobs saved at Carrier are being changed as to salary and I am quite sure a change in benefits as if United Technologies has it really hard and this a sacrifice. Does anyone actually believe United Technologies has it tough? Over $23 BILLION in USA contracts and the people of the USA are supposed to believe saving jobs is a real sacrifice. NOT!
I would ONLY BELIEVE the company had it tough if they were facing Chapter 7 bankruptcy and they had to liquidate their total assets and close their doors. Remember Donald Trump has built his empire on Chapter 11 bankruptcy.
This is a great victory to the new President Elect, however, he is so anxious to prove to the American people that he is on their side, he can be taken advantage of, too. I congratulate Donald Trump, but, before such deals are made he needs to be sure the American people are actually at the center of the decision and their unions are important, too. The partisan politics should not exist when handing out deals that save jobs and Pense was completely in appropriate when he stated the jobs were leaving because of the Obama administration. The jobs at Carrier are leaving because of CEO greed and no other reason. The American people have had enough of the back stabbing and the defaming of President Obama.
This is a new paradigm for the American people and it needs transparency and validation to the intentions of the company involved. If Donald Trump is successful in passing tarrif legislation it will prove a disincentive to any company to leave the USA. That is the way it is supposed to be.
The jobs discussed today were leaving because of NAFTA. The way other countries grow and improve the lives of their people is not to be available for Wall Street monies at any cost. The wage labor in Mexico should be nearly the same as the wage labor in the USA BEFORE globalization took over the global economy. If Mexicans are earning good wages they will increase their buying power and will have the same footing as Americans to create their own "Mexican Dream."
IF MEXICO PAID THE SAME WAGE LABOR AS THEIR EMPLOYEES IN INDIANA, Carrier would be a far more profitable company, not because they are able to CHEAT the immoral standard of poverty wages, but, because the population of the USA AND Mexico can purchase their products. When wage labor in Mexico is the same as the USA, the DEMAND for products will increase and the companies profit margin will increase because of that demand.
Tarrifs will give every company pause and will build new facilities in other countries because it is best to expand their CONSUMER base, hence a CEO that actually knows how to increase profits without CHEATING MORALITY!