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RE: Carrier stays in US
December 2, 2016 at 1:24 am
(December 1, 2016 at 9:34 pm)KUSA Wrote: (December 1, 2016 at 9:11 pm)Minimalist Wrote: Ssshhhh..... the 'Muricans don't like to hear you talk about their fuhrer that way.
Care to reply to my post above?
So, all of a sudden you are a socialist? Subsidizing rich corporations with tax money.
I can hear you screaming your fucking head off if Bernie or Hillary had suggested the same thing. I guess you also approved of Bush's "surge" where he paid the Sunnis not to shoot at us. Hey, cheap right?
I'm starting to think you are a phony, K.
Nah, I'm lying. I've thought that for a while.
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RE: Carrier stays in US
December 2, 2016 at 2:16 am
(December 1, 2016 at 8:08 pm)KUSA Wrote: (December 1, 2016 at 7:44 pm)Minimalist Wrote: Sounds to me as if the only ones taking it up the ass are the citizens of Indiana.
http://www.rawstory.com/2016/12/indiana-...e-company/
Well, fuck them. They voted for those two pieces of shit. Let them subsidize a rich corporation like the rest of the republicunt bastards want.
Let's say that each job is worth $50,000 per year in salary and benefits. Multiply that by 1,069 That comes up to $53,450,000.00 per year that the community gets.
You would throw that away for $7,000,000? That really makes sense. Hey we can just put them on welfare and food stamps and save a ton.
You left out the part where everyone in the US pays more for air conditioners in perpetuity.
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Carrier stays in US
December 2, 2016 at 7:00 am
(This post was last modified: December 2, 2016 at 7:01 am by KUSA.)
(December 2, 2016 at 2:16 am)mihoda Wrote: (December 1, 2016 at 8:08 pm)KUSA Wrote: Let's say that each job is worth $50,000 per year in salary and benefits. Multiply that by 1,069 That comes up to $53,450,000.00 per year that the community gets.
You would throw that away for $7,000,000? That really makes sense. Hey we can just put them on welfare and food stamps and save a ton.
You left out the part where everyone in the US pays more for air conditioners in perpetuity.
At least we have jobs so that we can buy them. It's hard to buy shit on welfare.
(December 2, 2016 at 1:24 am)Minimalist Wrote: (December 1, 2016 at 9:34 pm)KUSA Wrote: Care to reply to my post above?
So, all of a sudden you are a socialist? Subsidizing rich corporations with tax money.
I can hear you screaming your fucking head off if Bernie or Hillary had suggested the same thing. I guess you also approved of Bush's "surge" where he paid the Sunnis not to shoot at us. Hey, cheap right?
I'm starting to think you are a phony, K.
Nah, I'm lying. I've thought that for a while.
The Straw is strong in you.
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RE: Carrier stays in US
December 2, 2016 at 9:05 am
(This post was last modified: December 2, 2016 at 9:14 am by John V.)
$7 million subsidy divided by 1,000 jobs equals $7,000 per job.
Laid off workers can collect unemployment for 26 weeks. $7,000 divided by 26 equals $269. In IN, that amount equates to annual earnings of about $30,000.
So, if the average earnings of a laid off worker is over $30,000, the government is saving money on this deal.
That doesn't even factor in that the workers will be paying taxes themselves, or that the unemployment would be paid over 6 months, whereas the incentives are stretched over 10 years.
So, if this sets a precedent - great!
(December 2, 2016 at 2:16 am)mihoda Wrote: You left out the part where everyone in the US pays more for air conditioners in perpetuity.
What's your alternative? Transfer payments? That increases taxes, which leaves less money to pay for the less expensive air conditioners.
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RE: Carrier stays in US
December 2, 2016 at 9:54 am
KUSA is a corporate socialist, socialized profits for the top, and socialized losses for the tax payers.
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Carrier stays in US
December 2, 2016 at 10:30 am
(December 2, 2016 at 9:54 am)Brian37 Wrote: KUSA is a corporate socialist, socialized profits for the top, and socialized losses for the tax payers.
Brian is a deadbeat that knows nothing about economics.
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RE: Carrier stays in US
December 2, 2016 at 10:35 am
(December 2, 2016 at 9:05 am)alpha male Wrote: $7 million subsidy divided by 1,000 jobs equals $7,000 per job.
Laid off workers can collect unemployment for 26 weeks. $7,000 divided by 26 equals $269. In IN, that amount equates to annual earnings of about $30,000.
So, if the average earnings of a laid off worker is over $30,000, the government is saving money on this deal.
That doesn't even factor in that the workers will be paying taxes themselves, or that the unemployment would be paid over 6 months, whereas the incentives are stretched over 10 years.
So, if this sets a precedent - great!
I don't care if the government is saving money, I care that a corporation, to use a little hyperbole, held the government hostage with this deal. Being rewarded for keeping 800 jobs... not even the full 2,100... you know what I mean when I talk about a precedent, right?
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RE: Carrier stays in US
December 2, 2016 at 11:37 am
(December 2, 2016 at 10:35 am)Aegon Wrote: (December 2, 2016 at 9:05 am)alpha male Wrote: $7 million subsidy divided by 1,000 jobs equals $7,000 per job.
Laid off workers can collect unemployment for 26 weeks. $7,000 divided by 26 equals $269. In IN, that amount equates to annual earnings of about $30,000.
So, if the average earnings of a laid off worker is over $30,000, the government is saving money on this deal.
That doesn't even factor in that the workers will be paying taxes themselves, or that the unemployment would be paid over 6 months, whereas the incentives are stretched over 10 years.
So, if this sets a precedent - great!
I don't care if the government is saving money, I care that a corporation, to use a little hyperbole, held the government hostage with this deal. Being rewarded for keeping 800 jobs... not even the full 2,100... you know what I mean when I talk about a precedent, right?
I'm highly sceptical that $7 million is the final tally. Pence as governor of Indiana could have worked that deal by himself. No need to bring in the Donald except for the dog and pony show.
On the other hand we have Carrier's parent company, United Technologies, that is a big part of the military industrial complex. A few extra F35 orders might sweeten the deal.
“Understanding is a three edged sword: your side, their side, and the truth.”
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RE: Carrier stays in US
December 2, 2016 at 11:48 am
(This post was last modified: December 2, 2016 at 11:48 am by mihoda.)
(December 2, 2016 at 9:05 am)alpha male Wrote: $7 million subsidy divided by 1,000 jobs equals $7,000 per job.
Laid off workers can collect unemployment for 26 weeks. $7,000 divided by 26 equals $269. In IN, that amount equates to annual earnings of about $30,000.
So, if the average earnings of a laid off worker is over $30,000, the government is saving money on this deal.
That doesn't even factor in that the workers will be paying taxes themselves, or that the unemployment would be paid over 6 months, whereas the incentives are stretched over 10 years.
So, if this sets a precedent - great!
(December 2, 2016 at 2:16 am)mihoda Wrote: You left out the part where everyone in the US pays more for air conditioners in perpetuity.
What's your alternative? Transfer payments? That increases taxes, which leaves less money to pay for the less expensive air conditioners.
Yes. As I've been saying repeatedly in different ways, the size of transfer payment is smaller than the savings from cheaper goods. And, the kicker is that the benefit is in perpetuity while the transfer payment needs only exist until that worker is rehabilitated or dies.
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RE: Carrier stays in US
December 2, 2016 at 11:57 am
(December 2, 2016 at 11:48 am)mihoda Wrote: Yes. As I've been saying repeatedly in different ways, the size of transfer payment is smaller than the savings from cheaper goods. And, the kicker is that the benefit is in perpetuity while the transfer payment needs only exist until that worker is rehabilitated or dies.
What about those in the next generation with the same natural abilities as these workers?
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