WTF: Trump Backtracks On Carrier Deal, Says He Really Didn’t Mean What He Said (VIDEO)
trump does not even know if he created the deal
Yesterday, we reported on the terrible deal President-elect Donald Trump negotiated with the Carrier Corporation, and the scathing criticism Senator Bernie Sanders wrote in quick response. To recap, the agreement the two sides reached was that the Carrier Corporation would keep about 1000 of its jobs that it was going to outsource to Mexico in exchange for $7 million in taxpayer subsidies over the course of ten years. When the simple math is done, one can see how this was a horrible decision that gave short-term benefits and long-term economic disaster to Indiana.
To put things in perspective, here is the breakdown of the numbers: $700,000 dollars of taxpayer money per a year is split into $500,000/year in refunds on state income taxes and $200,000/year for job training and refunds of previously clawed-back incentives. The average Carrier worker makes a minimum of $40,000, well below the cost of living with one child, and that is not even taking into consideration taxes. This also ignores the fact that Trump has set a precedent for future companies wanting to leave the country. After all, why leave when you can keep less than half your workforce in the states for an insane amount of taxpayer income that does not offset your profits in the slightest?
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Now, however, it appears Trump did not even get an official deal written. In a statement released today that backtracks on everything said yesterday, Trump revealed that talks with the Carrier Corporation were exactly that: just talks that the “media” spun into a whole news story. It turns out that Trump’s claim that Carrier jobs would not be leaving was a metaphorical statement referring to the campaign’s overall pseudo-promise to the Rust Belt of not letting anymore manufacturing jobs leave the country.
Here are his exact words, so that we do not misinterpret him:
“I said, ‘Carrier will never leave.’ But that was a euphemism. I was talking about Carrier, like all other companies from here on in. Because they made the decision a year and a half ago. But he believed that that was — and I could understand it.”
On the one hand, this is good news for the US as it shows an ugly precedent of bending over backwards for companies has not (yet) been established by the Trump presidency. However, the fact that Trump is already lying (or misinformed) about his dealings with the private sector showcases that the country is headed for another recession courtesy of this incompetent man. And we are not even going into his tax plan.
Source Photo by Tasos Katopodis/Getty Images
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