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

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