Trump and Carrier

Trump and Carrier

12/12/2016

link

https://www.nytimes.com/2016/12/01/upshot/trump-and-carrier-how-a-modern-economy-is-like-a-parking-garage.html

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.

tags

donald trump ꞏ carrier ꞏ outsourcing ꞏ manufacturing jobs ꞏ united states economy ꞏ economic policies ꞏ job retention ꞏ political impact ꞏ business negotiations ꞏ free trade ꞏ globalization ꞏ economic inequality ꞏ economic impact ꞏ political rhetoric ꞏ job market ꞏ economic policy ꞏ political economy ꞏ american workers ꞏ job creation ꞏ corporate responsibility ꞏ labor market ꞏ economic development ꞏ economic analysis ꞏ economic incentives ꞏ government intervention ꞏ supply and demand ꞏ trade agreements ꞏ american manufacturing ꞏ job outsourcing ꞏ protectionism ꞏ economic trends ꞏ job loss ꞏ economic theory ꞏ economic factors ꞏ economic perspective ꞏ american politics ꞏ economic stability ꞏ economic consequences ꞏ economic growth ꞏ economic indicators ꞏ economic statistics ꞏ economic decisions ꞏ political decision-making ꞏ economic impact analysis ꞏ economic forecasting ꞏ economic commentary ꞏ economic journalism ꞏ economic insights ꞏ economic implications ꞏ economic perspectives ꞏ economic views ꞏ economic discussion ꞏ economic debate ꞏ economic models