Thursday, December 1, 2016

Rough 'em up, president elect!

     President elect, Donald Trump, acted in Indiana recently to attempt to get the aircondition company to stay and not take 1,000 jobs to Mexico. In exchange, carrier is receiving 7 mil in financial incentives over the next 10 years from the state of Indiana. Okay. But is that really it? Did the big business just take its cute little 7 mil and just collapse at the first Trump attack. "Oh! You got us! We'll stay in the states!"

Whatever the case, many are praising the president elect for his first big victory. But this system of knuckling under and paying for companies not to leave is setting a bad example for other companies to attempt. For instance, a company could threaten to leave the states and then get paid just to stay directly where they are. Would we be shelling out money at the leisure of desired companies? 

The good news is that right now, is that president elect is just a pseudo-political business man with a can-do attitude. In the future, everything else will be much more official by modifying trade agreements and tax policies. 


 


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