12-01-2016, 11:43 PM
Haha, what consequences? A nice big tax break, perhaps?
How about this. Companies threaten to leave the US. Trump intervenes, as visible as possible. Company desists, pocketing a nice tax break. Company happy, Trump happy, his supporters happy.
Apart from the fact that perhaps the company wasn't going to leave anyway, or leaves later in a less visible way (simply stopping investing in domestic plants and opening up plants abroad, with the help of the tax break..)
Economic policy in times of Twitter..
Quote:President-elect Donald Trump has warned companies of "consequences" if they leave the United States. He was speaking in Indiana, where he took credit for saving 1,000 jobs at the air-conditioning company Carrier Corp, which planned to move to Mexico.Donald Trump vows 'consequences' for companies leaving US - BBC News
How about this. Companies threaten to leave the US. Trump intervenes, as visible as possible. Company desists, pocketing a nice tax break. Company happy, Trump happy, his supporters happy.
Apart from the fact that perhaps the company wasn't going to leave anyway, or leaves later in a less visible way (simply stopping investing in domestic plants and opening up plants abroad, with the help of the tax break..)
Economic policy in times of Twitter..