RE: Carrier stays in US
December 2, 2016 at 12:23 pm
(This post was last modified: December 2, 2016 at 12:26 pm by Anomalocaris.)
(December 2, 2016 at 12:14 pm)alpha male Wrote:(December 2, 2016 at 12:03 pm)Anomalocaris Wrote: Carrier's annual revenue does not appear easy to find because it is privately held. But typical appliance industry generates about $250,000 in annual revenue per employee. The Indiana plant therefore generates roughly $250,000,000 in annual revenue. Let's say for the sake of argument the entire sales from the plant is to American consumers. Let's say moving the plant to Mexico allows each AC unit be sold for 5% less. That means if the plant had been moved to Mexico, the American consumers of carrier Ac Equipment would be enriched to the turn of 5% X $250,000,000 or $12.5 million, each year, relative to if the plant stayed in Indiana. Or keeping the plant in Indianan impoverishes the American consumer to the tune of 12.5 million a year, every year, until eventually it becomes unsustainable and either closes or moves overseS anyway, before considering the cost of the tax break.
$12,500,000 divided by 1,000 workers means we could afford to give each worker $12,500 per year just to break even.
Ah, no. You don't compensate people for making you poorer. In effect trump and pence has just became enablers of a crime of extortion in which each of these 1000 works are extorting $12,500 from the US economy, every year, in addition to the $7million the carrier corp has extorted from government tax receipt. Worse. The loot from the extortion is in effect being used to facilitate these workers' ability to avoid being retrained to be really productive, as oppose to doing make work and pretending to be contributing.