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Tuesday, November 29, 2016

Carrier Staying In USA

CNBC is reporting that Donald Trump and his team have reached an agreement with Carrier to keep roughly 1000 jobs at the plant in Indiana that was previously scheduled to close.  Throughout the campaign Trump lambasted this closure.  Now, it appears that Carrier has blinked.

If this report is true, it is big news.  It means that even before taking office, Trump is saving jobs from going to other countries.  It also means that large American companies now understand that they will pay a big price if they shift jobs to other countries.  That alone ought to mean great benefits for our economy.

There is no official announcement yet, but let's all hope that the report is accurate.

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