Thursday, December 1, 2016

What did Donald Trump do today?

He took credit for using the promise of Indiana state tax incentives to keep a Carrier air conditioning plant open, a practice he was calling "crazy" last month while still a candidate.

The state of Indiana is offering Carrier $7,000,000 in tax incentives to keep the plant open, which will keep 800 jobs at its Indianapolis plant. Another Carrier plant in nearby Huntington will still close, costing 700 employees their jobs. Overall, Carrier is still moving 1,300 jobs to Mexico.

On the campaign trail, Trump repeatedly condemned the practice of using tax breaks to keep employers from offshoring jobs. He called it "crazy" and pointed out that companies sometimes simply reneged on the agreements once they'd reaped the benefits, or used the threat of moves to extort money from governments.

Sarah Palin and Bernie Sanders, who are far enough apart on the political spectrum that they almost never agree on anything, both condemned the deal as an unfair and dangerous precedent.

What's wrong with that?

  • Voters may have taken Trump seriously when he told them a few weeks ago he would not do this.