As "remarkable " as it may seem . President elect Donald Trump kept his promises to "keep jobs in America" . Carrier is keeping more than 1,000 jobs in Indiana -- thanks to "incentives" offered by the state run by Vice President-elect Mike Pence.Carrier released a few more details Wednesday on the deal it struck with President-elect Trump and Pence to keep some jobs from going to Mexico. It is Trump's first major victory, delivering on one of his biggest campaign promise. There is something that vary interesting about this. The "out sourcing -off shoring " of American jobs has been a long staple of the Republican party . Mr. Trump is actually a slap in the face of the GOP. One of the top claims made by (1)>>Donald Trump during his 2016 campaign for president has been that he will bring jobs back to the United States. Trump, the News Media and everyone running for president has failed to mention is that his (2)>>Republican Party is responsible for jobs being outsourced and moved to other countries in the first place and they have blocked all efforts by Democrats to end those tax breaks.During the Bush Administration, Republicans fought to keep, and even expand tax loopholes. The Bush-Republican policies on outsourcing hurt American families and the economy – and left us with the worst American jobs record since the Great Depression. For example, under the Republican agenda, U.S. multinationals eliminated 1 million American jobs while adding 2.5 million jobs abroad (1999- 2007), and U.S. multinationals more than doubled the income they reinvested overseas (2002-2008).Senate Republicans blocked a bill that would potentially bring millions of jobs back to the United States by refusing to end tax breaks for companies who outsource jobs.The roll call vote failed to get the needed 60 votes by a margin of 54-42. Millions of jobs have been outsourced over the past decade in part because companies can get a tax break on their expenses related to sending jobs overseas. The Bring Jobs Home Act would have ended these tax breaks, and give companies who bring jobs home a 20% tax credit.Before the vote Senate Majority Leader Harry Reid said:“Quite frankly, a vote against this bill is a vote against American jobs. There is absolutely no excuse, no justification for any member of this body to vote against this legislation. But as of late, Senate Republicans have repeatedly blocked legislation, much like the Bring Jobs Home Act, that is good for the American people. That brings me back to the Longfellow quote that I mentioned at the beginning of my remarks: “It takes less time to do a thing right, than it does to explain why you did it wrong.” I see the wisdom in that quote each and every time another good bill is blocked by Senate Republicans.Because each time after Republicans have voted against legislation good for working families, an odd scene has developed on the Senate floor. A procession of Republicans makes its way to the Senate floor, and individually Senators begin to explain why they voted against a good bill. After voting against an increase in the minimum wage; after voting against equal pay for women; after voting against cost-cutting energy efficiency; after voting against student loan refinancing; following all of these votes, the same spectacle unfolds immediately after: Republicans come to the floor and tried to make their case. So instead of voting for a good piece of legislation that would benefit folks back home, they spend a lot of time here explaining why they did the opposite”.Republicans have long subscribed to the misguided notion that our national job creation strategy should be as follows: subsidize foreign investment and foreign jobs of multinational corporations, cross your fingers, and hope that jobs trickle back to the United States. This, along with tax cuts for the wealthiest Americans, left American workers and the economy in tatters. At the South Carolina Freedom Summit, Donald Trump said that he would impose a hefty 35 percent tariff on American multinational corporations like Ford Motor Company, in order to stop outsourcing to China and elsewhere. According to the Economic Policy Institute, between 2001 and 2013 the U.S. trade deficit with China cost 3.2 million jobs, with the majority of the losses coming from the manufacturing sector.Flirting with a 2016 presidential bid, Trump is striking a populist chord with his stance on trade, and it’s a departure from that of the Republican establishment and the U.S. Chamber of Commerce. Both have been working with the Obama administration to push through a massive trade deal with Asia, the Trans-Pacific Partnership.Trump’s stance is surprising, not only because of his background in business, but because it would reverse 30+ years of U.S. trade policy. Instituting such a policy reversal would be a Herculean if not impossible task, requiring the eradication of the neoliberal economic orthodoxy ingrained in the DNA of Washington.
NOTES AND COMMENTS:
(1)>>Donald Trump. The deal with the company, which included a multiyear $7 million incentive package from the state and promises by Mr. Trump and Mr. Pence to work for lower corporate taxes over all, is good news for the workers in Indiana, but the jobs that will stay represent only a small boost compared with the millions of manufacturing jobs lost since 2000.During the campaign, he had often pointed to the Indiana plant’s moving plans and a major result of poor Obama administration policies, and he pledged to revive U.S. manufacturing. Officials said this week that Carrier had agreed to keep some 800 union jobs at the plant, but Trump suggested Thursday that it could exceed 1,100.
(2)>>Republican Party. Senate Republicans blocked a bill that would potentially bring millions of jobs back to the United States by refusing to end tax breaks for companies who outsource jobs. The roll call vote failed to get the needed 60 votes by a margin of 54-42. Millions of jobs have been outsourced over the past decade in part because companies can get a tax break on their expenses related to sending jobs overseas. The Bring Jobs Home Act would have ended these tax breaks, and give companies who bring jobs home a 20% tax credit. The Republican Party has demonstrated once again that they are not on the side of American workers. They don’t care about jobs. Senate Republicans don’t care workers. Unless you are a millionaire or a corporation. Democrats across the country have already been hammering Republicans for sending jobs overseas - both on the campaign trail and in television ads. Sen. Barbara Boxer, D- California, is airing an ad against her opponent, former Hewlett-Packard Chief Carly Fiorina, saying she "shipped jobs to China while Californians lost their jobs."