But, science!

Status
Not open for further replies.

cmartinez

Joined Jan 17, 2007
8,762
Trump is taking credit for it, but since Pence is still the sitting governor, he's the one who did it. Wait till the next few years when the Indiana "peasants" have to pony up more taxes to make up what was given to Carrier. Plus some pressure was probably put on Carrier's parent company, United Technologies, or they would stand to lose some of their federal government contracts. They do ~$5 billion a year for the government. http://www.indystar.com/story/news/...-likely-biggest-factor-carrier-deal/94670496/
It makes perfect sense... it's amazing to see how most people still believe you can get something for nothing...
 

cmartinez

Joined Jan 17, 2007
8,762
It depends on whether you're the Americans who will lose their jobs or the Mexicans (and truck drivers) who will have jobs.
What I meant was more in the direction of shortbus' previous post... which is that I think that a government should resource to subsidies only in extreme circumstances. Down here, we had way too many social programs in the 60's all the way through the 80's that relied on subsidies, and it was disastrous for our economy. It wasn't until the government began to lay off its hands off the daily economic activity that things began to improve... but it was painful at first, I must admit.

Anyway, everyone competes for a job nowadays... if a factory doesn't move to Mexico or Asia, then it might move to another state in the US with less restrictions and regulations. That would be best for the US as a whole, of course, but the state being abandoned would still suffer the consequences.
 

#12

Joined Nov 30, 2010
18,224
it might move to another state in the US with less restrictions and regulations.
That is a major pain here. A one man company can spend 30% of its cash flow paying the government to regulate and tax it, and a large corporation...well just look at what they're doing.:(
Apparently La Mordida isn't as bad as the American government.
 

Sinus23

Joined Sep 7, 2013
250
There is a reason for why I intruded into this conversation. I'm seeing and hearing very similar talk as before Iceland went belly up.:mad:

A. Cautionary tale
B. Because I care about other people and myself as well
C. When america suffers most of the world suffer

I'm unreasonably angry because I'm seeing all the warning signs for my own's country downfall.

1. Unregulated market
2. Government idle(pretty much not doing anything other than putting things in others hands)
3. privatization of all and everything.

What happened about 3 years before the crash in m my country.

1. The congress/government was pretty much idle. Unless it had to do with Privatization of everything government,
2.The institution that was supposed to enforce regulations was starved (2 men and a computer(exaggerated a bit, yet not far off)
3.Businessmen got more airtime than usual.
4. Our health care system got starved as well( Made ready for Privatization)

For the whole time that congress did anything , it was on the down-low .Only time they did anything public was when they put something up for Privatization. And/or making deals with key businessmen in the country.

Quickly the cars that were $6K or less worth were sent to the press.(there was no market for such old cars)

Money flowing, So many jobs, that we needed workforce from other countries. Then we needed to house those people. Which is ironic since we needed to house those that built houses.etc etc.

After the economical crash there were plenty who fled the country. Yet after all that time after the crash... rent or cost of a house still went up(but not as fast as while the expantion). Even though no one was buying.

There is so much that I've left out because I type real slow compered to how I think:(

What I'm trying to say is(speculate). The right-wing dialect ain't the answer. It just makes it worse. Bubble after bubble forming. You might think that it only affects the poor and stupid...

Donald Trump ain't gonna help the middle class. Getting rid of cheap labor? Yeah right. Because that is in every businessman's favor.

Think about the "friend-circle" that man is in.
It wasn't until the government began to lay off its hands off the daily economic activity that things began to improve... but it was painful at first, I must admit.
Sorry for kriss krossing like this but hopefully they won't get greedy like us
 

Sinus23

Joined Sep 7, 2013
250
It keeps getting better and better( or worse, take your pick)

"Will they continue to hold that status fifty or hundred years from now? No one can be sure, but if I had to venture a guess, I would say no. I suspect that Rand's influence will gradually wane. In this respect, as Jeff Walker points out in The Ayn Rand Cult, her role in history may be similar to that of Edward Bellamy, who authored the socialistic utopian novel Looking Backward in 1888. The book created quite a stir, especially among young intellectuals, and led to discussion groups and political activity. As late as the 1930s, fans of Looking Backward were still active in politics, some serving in prominent positions under Franklin Roosevelt. But today Looking Backward is all but forgotten, few people read it, and those who do find it a quaint curiosity. (I've read it myself, or to be more accurate, half of it - it is a didactic and tedious book.)Looking Backward was doomed to eventual obscurity because the political ideas it espoused became obsolete after their failure was repeatedly observed in practice. In the case of Rand's writings, I suspect that their eventual obsolescence will stem from the fact that her views are implicitly grounded in a 19th-century scientific paradigm "
 

wayneh

Joined Sep 9, 2010
18,104
I was just curious about how Wayneh felt about using 7 million of Indiana taxpayer money and giving it to Carrier ...
I'm not wild about these handouts/incentives. They give a competitive advantage to one company while others quietly pay their taxes and are put at a disadvantage. These deals are usually zero-sum, since they're used to lure a company away from some other place that would also like to have it. If you want business in your area, establish a good environment for everyone equally. Don't let politicians have the power to pick favorites.

That all said, the only way to curtail this behavior would be for a higher level of government to outlaw it. That's not a good direction.
 

GopherT

Joined Nov 23, 2012
8,009
I'm not wild about these handouts/incentives. They give a competitive advantage to one company while others quietly pay their taxes and are put at a disadvantage. These deals are usually zero-sum, since they're used to lure a company away from some other place that would also like to have it. If you want business in your area, establish a good environment for everyone equally. Don't let politicians have the power to pick favorites.

That all said, the only way to curtail this behavior would be for a higher level of government to outlaw it. That's not a good direction.
Now they are incentives? I would call it socialized manufacturing. Soon, Carrier will be the only A/C manufacturer and those poor companies not in the Vice President's state can suck shit. They'll have no need to innovate or improve their product. They will likely press for the EPA to remove the efficiency standards because they are too expensive on the manufacturing side - let the consumer pay for the inefficiencies in their monthly power bill.

Hopefully Trump and Pense will do that with the toilet paper industry and when that company has a manufacturing hiccup, we can all wait in line like the Soviet era - like when America was Great!
 

GopherT

Joined Nov 23, 2012
8,009

ronv

Joined Nov 12, 2008
3,770
I'm not wild about these handouts/incentives. They give a competitive advantage to one company while others quietly pay their taxes and are put at a disadvantage. These deals are usually zero-sum, since they're used to lure a company away from some other place that would also like to have it. If you want business in your area, establish a good environment for everyone equally. Don't let politicians have the power to pick favorites.

That all said, the only way to curtail this behavior would be for a higher level of government to outlaw it. That's not a good direction.
I'm with you, I think.:) I always thought it was okay with net new business. For example Monsanto is going to build a new facility here to genetically engineer seeds. Property tax reduction.
But I've been trying to play this thru. To me it seems not only unfair to the taxpayer, but unfair to Carrier as well. There competitors are all building in Mexico why can't they?
upload_2016-12-1_20-3-54.png
So they are probably wrapping $200 or so around each furnace compared to the competition. Probably not a winning formula.:(
Okay so maybe we do away with NAFTA and put say 10% on everything coming in. Maybe that furnace costs $2000, so Carrier gets it's $200 dollars back, but now we are all paying $200 more for the competitors furnace.
I must be missing something.
:oops:
 
Status
Not open for further replies.
Top