HOME



Digby's Hullabaloo
2801 Ocean Park Blvd.
Box 157
Santa Monica, Ca 90405



Facebook: Digby Parton

Twitter:
@digby56
@Gaius_Publius
@BloggersRUs (Tom Sullivan)
@spockosbrain



emails:
Digby:
thedigbyblog at gmail
Dennis:
satniteflix at gmail
Gaius:
publius.gaius at gmail
Tom:
tpostsully at gmail
Spocko:
Spockosbrain at gmail
tristero:
Richardein at me.com








Infomania

Salon
Buzzflash
Mother Jones
Raw Story
Huffington Post
Slate
Crooks and Liars
American Prospect
New Republic


Denofcinema.com: Saturday Night at the Movies by Dennis Hartley review archive

January 2003 February 2003 March 2003 April 2003 May 2003 June 2003 July 2003 August 2003 September 2003 October 2003 November 2003 December 2003 January 2004 February 2004 March 2004 April 2004 May 2004 June 2004 July 2004 August 2004 September 2004 October 2004 November 2004 December 2004 January 2005 February 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018


 

This page is powered by Blogger. Isn't yours?

Hullabaloo


Sunday, August 28, 2016

 
Pence and trade and Trump's national pride

by digby





















So I watched a program on CNN this week-end about the Carrier plant leaving Indiana for Mexico and it was very sad. More than a thousand people lost their jobs and they all seem to think they will not ever find another one like it. Trump has talked a lot about this on the trail, blaming NAFTA and Obama and Clinton for the job losses and declaring that he would immediately hit any manufacturer with huge tariffs who tried to do that which would cow them into staying in the future. The workers in the story all believed him.

Somebody really ought to ask Trump and his running mate about this (Which they probably will since it was flagged for the media by the DNC):

As Donald Trump’s running mate, Gov. Mike Pence is campaigning for a man who has promised to penalize companies that ship jobs overseas.

But since Pence became governor in 2013, the state has awarded millions of dollars in economic development incentives to companies that have moved production to foreign countries such as Mexico and China. Those production shifts have cost thousands of Hoosiers their jobs during Pence’s time in office.

An IndyStar analysis found that the Indiana Economic Development Corporation — which Pence leads — has approved $24 million in incentives to 10 companies that sent work to foreign countries. Of those incentives, nearly $8.7 million has been paid out so far.

During that same period, those companies terminated or announced layoffs of more than 3,800 Hoosier workers while shifting production to other countries, where labor tends to be far less expensive.

The state has clawed back or put a hold on some or all of the incentives in four of those cases, returning $746,000 in taxpayer subsidies. But in the other six cases, the companies faced no consequences.

The primary reason: The job creation and retention requirements in the state’s incentive agreements are usually narrowly tailored to a single facility, leaving workers at other sites owned by the same company vulnerable to offshoring.

Take, for example, handbag maker Vera Bradley. The company was approved in December 2014 for a $1.75 million, 10-year tax break to assist with a $26.6 million expansion of its headquarters and distribution center in Roanoke, near Fort Wayne. In exchange, the company agreed to retain 567 employees and add 128 jobs by the end of 2017.

But the following year, the company closed its New Haven design center and moved production to factories in Asia to save money. The factory’s 250 employees, who worked just 15 miles from the Roanoke headquarters, lost their jobs.

Vera Bradley has claimed about $118,000 in tax credits so far and remains in compliance with its state incentive agreement, said Abby Gras, an IEDC spokeswoman, in an email. The company now employs slightly more than 600 workers in Roanoke, a spokeswoman for the company said. That’s a net loss of more than 200 jobs across the company’s Fort Wayne area operations.

Pence, who has been campaigning for Trump across the country since accepting the Republican vice presidential nomination in July, did not respond to interview requests for this story left with his office and campaign staff.

But his commerce secretary, Victor Smith, sent a statement to IndyStar defending the state’s economic development record and noting that 150,000 jobs have been added since Pence took office.

Carrier was among those companies that received incentive money although Pence got the company to pay it back once the video of the layoff being announced (which got Trump all excited) went viral. But there are a bunch of other companies in Indiana which have done the same and pocketed the cash.

The point is that this problem is not confined to the trade deals or to any politician. It's much bigger than that. It's easy to take a shot at government for failing to protect workers, and there's plenty of blame there, but we are dealing with a complicated problem with a lot of moving parts (so to speak...)

Meanwhile, the Republicans are pulling the wool over people's eyes as usual:

Pence has said in the past he supports the Trans-Pacific Partnership, which Trump opposes. More recently, Pence says he would support renegotiating trade agreements with Trump in the White House because he believes Trump could negotiate better deals.

Political observers say Pence’s actions as governor raise new questions about the true extent of his support for Trump’s trade policies.

“To the extent that there is any daylight between them, one has to wonder what Mike Pence’s true thoughts are,” said Robert Dion, a political scientist at the University of Evansville. “In the event they disagree, you have to wonder, has Mike Pence changed his position or is he simply doing what a VP nominee must do to be part of a national ticket? That’s the million dollar question.”

The seemingly different approaches to companies that offshore jobs are also a study in what kind of constituency each candidate appeals to, Dion said.

“The real thing you’re getting at is the gulf between the chamber of commerce Republican crowd and the populist appeal of Trump,” Dion said. “What Trump is speaking to is that populist anger and frustration. I think what the evidence shows is that Mike Pence — like a lot of Republican governors and some Democrats have done — has worked with the chamber of commerce and business leaders. That’s where the gulf is at.”

Oddly, the one area in which Trump is sincere is his belief that the rest of the world is laughing at Americans because of our allegedly terrible trade deals. But keep in mind that his solution is to stick huge tariffs on American companies that manufacture overseas and drive wages down in the US to keep prices low so they can "compete." It's a huge mistake to believe this has something to do with the plight of the American worker. This has to do with "national pride" which isn't the same thing at all.

.