Can't be good for that cabinet position possibility...
Quote
Gov. Sarah Palin, who is being considered for a cabinet position in the Trump administration -- is raising alarm over president-elect's recently announced deal with Carrier, suggesting in an op-ed it could amount to "crony capitalism."
"When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent," Palin wrote in a 'Young Conservatives' op-ed. "Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail."
"Hey jackass, get your government off my freedom." MOLON LABE
Apparently Palin doesn't understand politics well enough to know various states can do what they need to do, to win or keep companies in their states. But then she did her best to run the oil companies off in Alaska. She sounded very much like Hillary when she did, "take their money and use it for health care." She's clueless about politics and business.
NRA LIFE MEMBER GOD BLESS OUR TROOPS ESPECIALLY THE SNIPERS! "Suppose you were an idiot And suppose you were a member of Congress... But I repeat myself." -Mark Twain
Sara Palin is clueless about life in general, as for the possibility of a cabinet position can you say wishful thinking. She needs to stay home and take care of her special needs son, he needs his Mom more than the country needs her.
Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.
Son of a liberal: " What did you do in the War On Terror, Daddy?"
Liberal father: " I fought the Americans, along with all the other liberals."
Can't be good for that cabinet position possibility...
Quote
Gov. Sarah Palin, who is being considered for a cabinet position in the Trump administration -- is raising alarm over president-elect's recently announced deal with Carrier, suggesting in an op-ed it could amount to "crony capitalism."
"When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent," Palin wrote in a 'Young Conservatives' op-ed. "Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail."
It's possible Trump didn't offer them anything he doesn't plan on offering all businesses.
I'm not sure I'm getting the picking winners and losers mentality
the only losers here are potentially the stockholders/executives who won't see quite as big a dividend from the profit earned from shifting American jobs to Mexico.
and the Mexicans
if Trump balances that out with tax incentives then it should be a net zero and everyone wins. The state of Indiana should see some, most or more of that tax money back from the tax revenue generated from the payroll given to the those 1,000 workers.
Now if Carrier moves that plant next year after Trump is in office...........
at any rate this doesn't make Carrier a winner or loser, nor its competitors.
However I do agree with the idea that Trump can't create a precedent where every corporation can threaten to leave the U.S. and in return get some sweetheart deal tax package.
In this case, a stick is more appropriate as a policy than a carrot.
Last edited by KFWA; 12/02/16.
have you paid your dues, can you moan the blues, can you bend them guitar strings
However I do agree with the idea that Trump can't create a precedent where every corporation can threaten to leave the U.S. and in return get some sweetheart deal tax package.
Then lower the corporate tax rate across the board to the lowest rate in industrialized world. Let the states compete for their tax revenue. The government giving a company a so-called sweetheart tax deal to stay put just tells me the were over taxing them to begin with.
Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. Thomas Jefferson
I don't believe Palin is being seriously considered for a cabinet position. Trump isn't that hard up to fill his cabinet with good qualified people. I've always thought that politically, she is way overrated.
Apparently Palin doesn't understand politics well enough to know various states can do what they need to do, to win or keep companies in their states. But then she did her best to run the oil companies off in Alaska. She sounded very much like Hillary when she did, "take their money and use it for health care." She's clueless about politics and business.
I've tried to give her the benefit of the doubt, but I think you're right.