Trump Takes Credit for Saving Indiana Jobs

Labor News

Donald Trump (center) and Mike Pence tour the Carrier plant in Indianapolis CREDIT: EVAN VUCCI/AP

Reprinted from The Wall Street Journal by Ted Mann and Damian Paletta on December 1, 2016.

President-elect Donald Trump took credit Thursday for saving manufacturing jobs in Indiana and vowed to pursue stiff penalties for other American companies that decide to move operations overseas.

“We are going to have a lot of phone calls made to companies when they say they are thinking about leaving this country, because they are not leaving this country,” Trump said at a Carrier Corp. furnace plant in Indianapolis. “Leaving the country is going to be very, very difficult.”

Indiana officials agreed to give United Technologies Corp. $7 million worth of tax breaks over 10 years to encourage the company’s Carrier unit to keep about 1,100 jobs in the state, according to people familiar with the matter, a deal struck after intense criticism of Carrier by Trump on the campaign trail. …

The deal creates a bad precedent, Senator Bernie Sanders (D-Vermont) contended, writing that Trump “has signaled to every corporation in America that they can threaten to offshore jobs in exchange for business-friendly tax benefits and incentives.” …

WSJ 12/1

About Jeffrey Burman 1399 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.burman@nbcuni.com.

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