It appears that Carrier's reason for moving to Mexico, too many federal regulations, probably isn't true. Asked to cite the regulation(s), Carrier has been mum. Maybe they are wanting to use their "Phone-a-friend" option for an answer?
Couple that with the fact that they have been given a $5.1 million tax payer funded federal tax credit and $530,000 in economic development incentives from the state of Indiana, one can easily understand the anger over the loss of jobs to Mexico.
This is what "capitalism" has become in this country. A company with an annual revenue of $56 Billion which includes $7.2 Billion in profits just can't pass up the chance to make more money. As Senator Kennedy once asked on the Senate floor in a debate about raising the minimum wage:
"We have now had amendments that have been worth over 200 billion dollars... Amendments that have been offered. We've had amendments on education of 35 billion dollars. We've had health-savings amendments that will benefit people with average incomes of $112,000... We've had those kinds of amendments and we're looking at the Kyl amendment at 3 billion dollars. But we still cannot get two dollars and fifteen cents -- over two years. Over two years!
"What is the price, we ask the other side? What is the price that you want from these working men and women? What cost? How much more do we have to give to the private sector and to business? How many billion dollars more, are you asking, are you requiring?
"When does the greed stop, we ask the other side? That's the question and that's the issue."
Indeed! When will the other side put their money where there mouth is and stand up for the wage earner in this country, in this era of gross income inequality? Indeed, when?
http://www.ibj.com/articles/57217-officials-point-fingers-on-carrier-utec-layoffs
Couple that with the fact that they have been given a $5.1 million tax payer funded federal tax credit and $530,000 in economic development incentives from the state of Indiana, one can easily understand the anger over the loss of jobs to Mexico.
This is what "capitalism" has become in this country. A company with an annual revenue of $56 Billion which includes $7.2 Billion in profits just can't pass up the chance to make more money. As Senator Kennedy once asked on the Senate floor in a debate about raising the minimum wage:
"We have now had amendments that have been worth over 200 billion dollars... Amendments that have been offered. We've had amendments on education of 35 billion dollars. We've had health-savings amendments that will benefit people with average incomes of $112,000... We've had those kinds of amendments and we're looking at the Kyl amendment at 3 billion dollars. But we still cannot get two dollars and fifteen cents -- over two years. Over two years!
"What is the price, we ask the other side? What is the price that you want from these working men and women? What cost? How much more do we have to give to the private sector and to business? How many billion dollars more, are you asking, are you requiring?
"When does the greed stop, we ask the other side? That's the question and that's the issue."
Indeed! When will the other side put their money where there mouth is and stand up for the wage earner in this country, in this era of gross income inequality? Indeed, when?
http://www.ibj.com/articles/57217-officials-point-fingers-on-carrier-utec-layoffs
