Thursday, December 01, 2016

Incentivizing corporate blackmail

Bernie is right. The Trump-Pence carrier deal is not a demonstration that the new administration can keep jobs in the U.S., it is notice to corporate america that if they threaten to move jobs abroad they can get all kinds of goodies from the government. Of course State and Local governments have been doing that stuff for years, but now we have a guy on top of the federal government willing to cut a new deal of corporate welfare for any company that is willing to engage in a little American jobs blackmail.