Carrier says it struck a deal with Trump to keep nearly 1,000 job in Indiana

Discussion in 'Economics & Trade' started by PARTIZAN1, Nov 29, 2016.

  1. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
     
  2. justrying

    justrying Banned

    Joined:
    Jul 25, 2016
    Messages:
    1,340
    Likes Received:
    3
    Trophy Points:
    38
  3. Margot2

    Margot2 Banned

    Joined:
    Sep 9, 2013
    Messages:
    73,644
    Likes Received:
    13,766
    Trophy Points:
    113
    The company's deal with President-elect Donald Trump to keep a furnace plant from moving to Mexico also calls for a $16 million investment in the facility.



    But that has a big down side for some of the workers in Indianapolis.

    Most of that money will be invested in automation said to Greg Hayes, CEO of United Technologies, Carrier's corporate parent. And that automation will replace some of the jobs that were just saved.
     
  4. Margot2

    Margot2 Banned

    Joined:
    Sep 9, 2013
    Messages:
    73,644
    Likes Received:
    13,766
    Trophy Points:
    113
    Is Trump still crowing??

    excerpt:
    "We're going to...automate to drive the cost down so that we can continue to be competitive," he said on an interview on CNBC earlier this week. "Is it as cheap as moving to Mexico with lower cost labor? No. But we will make that plant competitive just because we'll make the capital investments there. But what that ultimately means is there will be fewer jobs."

    The decision to keep Carrier's furnace manufacturing operations in the U.S. instead of moving them to Mexico will save about 800 jobs out of the 1,400 at the plant, at least in the near term. The company declined to say how many of the plants 800 remaining jobs could be lost to automation, or when.


    Related: Robots threaten these 8 jobs


    The threat that automation poses to jobs a big concern for Chuck Jones, president of United Steelworkers union Local 1999, which represents the Carrier workers.

    "Automation means less people," he told CNN's Chris Cuomo on "New Day" on Thursday. "I think we'll have a reduction of workforce at some point in time once they get all the automation in and up and running."

    Still, automation is the only way that a plant in Indiana that pays about $20 an hour can compete with Mexican plants where workers earn $3 an hour.


    Related: Carrier to raise prices on furnaces and air conditioners


    The number of U.S. manufacturing jobs in the U.S. has declined sharply thanks in large part to more efficient factories.

    "You can't just blame cheap labor [outside the U.S.]," said Dan Miklovic, principal analyst with LNS research. "Certainly many of the jobs that we've lost, especially in more sophisticated industries, it's not so much that they've been offshored, but it has been automation that replaced them. We use a lot more robots to build cars."

    http://money.cnn.com/2016/12/08/news/companies/carrier-jobs-automation/index.html
     
  5. truth and justice

    truth and justice Well-Known Member

    Joined:
    Oct 5, 2011
    Messages:
    25,944
    Likes Received:
    8,887
    Trophy Points:
    113
    Looks like Trump's "deal" was to give money to a private company for equipment that will take away jobs. No wonder Carrier went along with that deal !
     
  6. Margot2

    Margot2 Banned

    Joined:
    Sep 9, 2013
    Messages:
    73,644
    Likes Received:
    13,766
    Trophy Points:
    113
  7. doombug

    doombug Well-Known Member

    Joined:
    May 19, 2012
    Messages:
    56,871
    Likes Received:
    22,778
    Trophy Points:
    113
  8. jackdog

    jackdog Well-Known Member

    Joined:
    Jul 27, 2009
    Messages:
    19,691
    Likes Received:
    384
    Trophy Points:
    83
    the normal sort
     
  9. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
     
  10. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
     
  11. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
     
  12. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
     
  13. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,087
    Trophy Points:
    113
    Gender:
    Male
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,087
    Trophy Points:
    113
    Gender:
    Male
    Get used to it - there's an epidemic of it going around. One-liner sarcastic nonsense in a response is rampant.

    Like that guy who tweeted the same brainless acrimony when he was running for PotUS. They luved it!

    So, see? It works with certain individuals - they actually like it ... !
     
  15. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
     
  16. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,087
    Trophy Points:
    113
    Gender:
    Male
     
  17. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
     
  18. Shiva_TD

    Shiva_TD Progressive Libertarian Past Donor

    Joined:
    Aug 12, 2008
    Messages:
    45,715
    Likes Received:
    885
    Trophy Points:
    113
    Addressing this in reverse order.

    Free trade agreements benefit the American workforce while protectionism hurts the American work force. Every dollar of protectionism results in a 66 decrease in the GDP of America.

    The actual job count is down to 800 jobs potentially being "saved" and 300 of those jobs were R&D jobs that weren't going to Mexico at all. The "net count" is down to about 500 out of 2000 and those 500 jobs are probably going to disappear in the future as the work will continue to be shifted to Mexico.

    Actually Carrier and United Technologies made out like bandits while the government and the American workers both lost on the deal.

    The whole focus on manufacturing jobs is a ruse because manufacturing jobs are an insignificant percentage of American jobs. Our problem is with the service sector that represents over 70% of all non-government jobs and the specific problem is under compensation where the workers can't afford to even fund their minimum-mandatory household expenditures and to meet those financial obligations they require a subsidy in the form of government welfare assistance.

    If we don't address under compensation in the service sector we're going to become more and more of a welfare state where government is forced to subsidize the service sector employers by providing welfare assistance to their employees.
     
  19. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
    You can’t defend Trump’s lies so you attack me and the Democrats with totally baseless stories. No links no proof no guts. and not a shred of evidence.
    And you're not disagreeing that you have no proof for the allegations below.

     
  20. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
    Meh, the hysterical meltdown continues...news at 11.
     
  21. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
    You can’t defend Trump’s lies so you attack me and the Democrats with totally baseless stories. No links no proof no guts and not a shred of evidence.

    And you're not contesting that you have no proof for your allegations.

    You no longer contest that trump caved in on charging 35% Tariffs against UT/Carrier for moving the majority of jobs to Mexico and instead he gave it millions in tax breaks for doing so.

    You no longer contest that Donnie lied about keeping 1100 jobs in the U.S when the true number is 800. And that UT carrier will be sending 100s more jobs out of the U.S.
     
  22. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
    You guys crack me up with all the anger about keeping jobs in America. It's like when President Bush spent more on Aids then anyone previously and it still wasn't enough for the angry left.
     
  23. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
    You can’t defend Trump’s lies so you attack me and the Democrats with totally baseless stories. No links no proof no guts and not a shred of evidence.

    And you're not contesting that you have no proof for your allegations.

    You no longer contest that trump caved in on charging 35% Tariffs against UT/Carrier for moving the majority of jobs to Mexico and instead he gave it millions in tax breaks for doing so.

    You no longer contest that Donnie lied about keeping 1100 jobs in the U.S when the true number is 800. And that UT carrier will be sending 100s more jobs out of the U.S.
     
  24. Hoosier8

    Hoosier8 Well-Known Member Past Donor

    Joined:
    Jan 16, 2012
    Messages:
    107,541
    Likes Received:
    34,489
    Trophy Points:
    113
    If typing in red isn't enough proof I don't know what is. BTW, you pick your forum name well.
     
  25. Frowning Loser

    Frowning Loser Banned

    Joined:
    May 28, 2008
    Messages:
    3,379
    Likes Received:
    126
    Trophy Points:
    63
    You can’t defend Trump’s lies so you attack me and the Democrats with totally baseless stories. No links no proof no guts and not a shred of evidence.
    And you're not contesting that you have no proof for your allegations.

    You no longer contest that trump caved in on charging 35% Tariffs against UT/Carrier for moving the majority of jobs to Mexico and instead he gave it millions in tax breaks for doing so.

    You no longer contest that Donnie lied about keeping 1100 jobs in the U.S when the true number is 800. And that UT carrier will be sending 100s more jobs out of the U.S.

    No wonder you won't debate me. You don't have the goods to back up anything you say!
     

Share This Page