Trump and Carrier
Trump and Carrier
This article from The New York Times discusses the deal between Donald Trump and Carrier, a manufacturer of heating, air conditioning, and refrigeration systems. The article compares the modern economy to a parking garage, highlighting how companies can decide to relocate their operations for various reasons. It examines the economic factors that led Carrier to consider moving its factory to Mexico and the ways in which the government, specifically President-elect Trump, intervened to try to keep the company and jobs in the United States. The article raises questions about the effectiveness and long-term implications of such interventions in a globalized economy.
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Summary
This article from The New York Times discusses the deal between Donald Trump and Carrier, a manufacturer of heating, air conditioning, and refrigeration systems. The article compares the modern economy to a parking garage, highlighting how companies can decide to relocate their operations for various reasons. It examines the economic factors that led Carrier to consider moving its factory to Mexico and the ways in which the government, specifically President-elect Trump, intervened to try to keep the company and jobs in the United States. The article raises questions about the effectiveness and long-term implications of such interventions in a globalized economy.
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