12-04-2016, 02:14 AM
The hypocrisy is even worse, we forgot about the Export-Import Bank..
This is just laughable..
Quote:President-elect Donald Trump’s deal announced Thursday with Carrier Corp. to keep manufacturing jobs in Indiana raises a potential contradiction for Republican lawmakers such as House Speaker Paul Ryan (R., Wis.) who lauded the agreement after last year’s bruising battle to shutter the U.S. Export-Import Bank. For years, Republicans called for closing the Ex-Im Bank, which subsidizes U.S. exports.Donald Trump’s Carrier Deal Highlights Potential Double Standard on Ex-Im Bank - Real Time Economics - WSJ
They said it represented a prime example of crony capitalism by which the government picked winners and losers by offering federal subsidies. Some conservatives have already criticized the same kind of government activism behind Mr. Trump’s announcement, in which Indiana officials agreed to give United Technologies Corp. $7 million in tax breaks over 10 years to encourage the company’s Carrier unit to keep about 1,000 jobs in the state.
This is just laughable..

