3 ms·

If it's anything like the Carrier "deal" he'd throw them bags of cash to create a handful of jobs.

adventured 10y ago
Your information is wrong. Carrier didn't get bags of cash to create a handful of jobs. It's a thousand jobs at an average of $31 per hour in wages, not to mention benefits. It's up to $7m in incentives spanning ten years. The jobs are worth about $850 million to $1 billion in total compensation over ten years. The $7 million represents less than 1% of that value. The income taxes, sales taxes, local spending, etc, etc, etc. is worth drastically more to that community and the state than the tiny $700k per year incentive.
- deleted 10y ago
  [deleted]
- astrodust 10y ago
  It's all smoke and bullshit. Hype up the "creation", completely ignore the general strategy of Carrier to shift jobs out of the country. Even Forbes thinks it's bullshit: http://www.forbes.com/sites/eriksherman/2016/12/04/trumps-carrier-deal-means-nothing-for-future-jobs/#32ac08394c7b http://www.forbes.com/sites/eriksherman/2016/12/04/trumps-ca...
  - agildehaus 10y ago
    Not to mention Carrier plans to use the money to further automate the plant: http://www.newsmax.com/Finance/StreetTalk/united-tech-donald-trump-carrier-jobs/2016/12/07/id/762633/ http://www.newsmax.com/Finance/StreetTalk/united-tech-donald...
- stephancoral 10y ago
  You have many incorrect points. Firt of all, it's much less than a thousand jobs if you discount the white collar managerial jobs that were never planned to be relocated. The number of overall jobs saved is around 800. Of those 800, a significant number of them will be eventually automated or are already in the works. So your ten year figure is, in my opinion, a bit overly optimistic. It was a symbolic show. Even if Trump did a Carrier-type deal every month for his entire presidency, it would be far less than one percent of jobs lost due to automation and offshoring in the past 20 years.
- norea-armozel 10y ago
  But the same company is planning on automating away jobs in that plant and closing the Huntington one. So it's not 1-to-1 gains here. The reality is Carrier is placating an administration for larger contracts (parent company of Carrier).

Your information is wrong. Carrier didn't get bags of cash to create a handful of jobs. It's a thousand jobs at an average of $31 per hour in wages, not to mention benefits. It's up to $7m in incentives spanning ten years. The jobs are worth about $850 million to $1 billion in total compensation over ten years. The $7 million represents less than 1% of that value. The income taxes, sales taxes, local spending, etc, etc, etc. is worth drastically more to that community and the state than the tiny $700k per year incentive.

deleted 10y ago
[deleted]
astrodust 10y ago
It's all smoke and bullshit. Hype up the "creation", completely ignore the general strategy of Carrier to shift jobs out of the country. Even Forbes thinks it's bullshit: http://www.forbes.com/sites/eriksherman/2016/12/04/trumps-carrier-deal-means-nothing-for-future-jobs/#32ac08394c7b http://www.forbes.com/sites/eriksherman/2016/12/04/trumps-ca...
- agildehaus 10y ago
  Not to mention Carrier plans to use the money to further automate the plant: http://www.newsmax.com/Finance/StreetTalk/united-tech-donald-trump-carrier-jobs/2016/12/07/id/762633/ http://www.newsmax.com/Finance/StreetTalk/united-tech-donald...
stephancoral 10y ago
You have many incorrect points. Firt of all, it's much less than a thousand jobs if you discount the white collar managerial jobs that were never planned to be relocated. The number of overall jobs saved is around 800. Of those 800, a significant number of them will be eventually automated or are already in the works. So your ten year figure is, in my opinion, a bit overly optimistic. It was a symbolic show. Even if Trump did a Carrier-type deal every month for his entire presidency, it would be far less than one percent of jobs lost due to automation and offshoring in the past 20 years.
norea-armozel 10y ago
But the same company is planning on automating away jobs in that plant and closing the Huntington one. So it's not 1-to-1 gains here. The reality is Carrier is placating an administration for larger contracts (parent company of Carrier).