TODAY IT WAS ANNOUNCED THAT DONALD TRUMP HAD REACHED SOME
SORT OF DEAL WITH CARRIER, THE MANUFACTURE OF HEATING SYSTEMS
AND AIR-CONDITIONING UNITS, TO STOP THEM FROM SENDING AT
LEAST SOME PORTION OF THE JOBS ABROAD THAT THEY WERE
SUPPOSEDLY GOING TO SEND ABROAD.
IN THIS VIDEO, ANA AND I WILL BREAK DOWN THE PROS AND CONS.
TRUST ME THERE ARE SOME CONS.
BEFORE WE GET TO THE DEAL, I WILL TAKE YOU TO APRIL OF
THIS YEAR WHEN TRUMP PROMISED A CROWD IN INDIANA THAT HE
WAS GOING TO BE EXTREMELY HARSH ON CARRIER.
HE WAS VERY SPECIFIC WITH WHAT YOU SHOULD AND SHOULDN'T DO
WHEN TRYING TO GET COMPANIES TO KEEP JOBS IN AMERICA.
TAKE SOME NOTES AND WATCH THIS.
EVERY SINGLE TIME YOU MAKE AND AIR-CONDITIONING UNITS,
YOU ARE GOING TO HAVE A MAJOR TAX TO PAY WHEN YOU SELL IT
IN THE UNITED STATES.
REMEMBER THIS, [VIDEO BUFFERING] THEY DON'T UNDERSTAND THIS
IS THE ONLY WAY.
THEY WANT TO GIVE INCENTIVES.
HERE IS THE STORY, SO CARRIER IS GOING TO SAY TO ME WE ARE
NOT GOING TO DO IT.
HERE IS WHAT HAPPENS.
WITHIN 24 HOURS THEY WILL CALL BACK, MR.
PRES.
WE HAVE DECIDED TO STAY IN INDIANAPOLIS, INDIANA.
WE ARE GOING TO STAY IN INDIANA MR.
PRESIDENT.
WE HAVE DECIDED TO STAY BECAUSE OF ME TELL YOU, WHEN YOU DO
WHAT I SAY, THEY WANT TO LEAVE IT'S FINE, BUT THERE HAS TO
BE CONSEQUENCES WHEN THEY LEAVE.
MY WHOLE LIFE, I AM A BUSINESS PERSON SO YOU UNDERSTAND,
MY WHOLE LIFE I TAKE.
I TAKE, I TAKE I TAKE, I AM GREEDY.
AND YOU KNOW WHAT, NOW I AM TAKING FOR THE AMERICAN
PEOPLE, THAT'S WHAT I'M GOING TO DO.
WE'RE NOT GOING TO LET THIS STUFF HAPPEN.
WE ARE NOT GOING TO LET THE STUPIDITY HAPPEN.
THERE IS A LOT TO THIS.
SO WE HAVE SOME DETAILS.
THERE ARE SOME INTERESTING ñ AS WE GO THROUGH THE DETAILS OF THE
ACTUAL PLAN, I WANT TO GO BACK TO SOME OF THE THINGS HE SAID.
HE HAS CONSEQUENCES, NOT INCENTIVES.
LET'S TALK ABOUT SOME OF THOSE CONSEQUENCES.
HE ANNOUNCED ON TWITTER ñ THAT IS LIGHT ON DETAILS.
FOR INSTANCE, WHAT PERCENTAGE OF THE JOBS THAT WERE GOING TO
BE TAKING AWAY ARE YOU KEEPING?
IT TURNS OUT IT IS NOT THE CASE.
SO ALREADY LESS THAN 50%
OF THOSE THAT WERE GOING TO GO ARE SUPPOSEDLY GOING TO STAY.
THAT IS BEST CASE SCENARIO.
I DON'T KNOW THAT WE WILL SEE WHAT ENDS UP HAPPENING.
I GUARANTEE FAR FEWER WILL ACTUALLY END UP STAYING HERE.
IT IS ALL WELL AND GOOD ON DAY ONE OF SOME SUPPOSE A DEAL
TO SAY ALMOST 1000 JOBS WERE SAVED.
WE HAVE COVERED A LOT OF COMPANIES AND WE KNOW THAT
SHENANIGANS THEY GET UP TO.
I GUARANTEE FAR FEWER JOBS WILL BE SAVED.
A LITTLE BIT MORE DETAILS FOR YOU.
GET USED TO THAT BY THE WAY.
UNIONS WILL NOT BE CONSULTED IN TRANSAMERICA.
I THINK YOU ARE RIGHT AND BEGINNING THIS STORY WITH
THERE ARE PROS AND CONS.
THE CLEAR PRO IS THAT TRUMP MANAGED TO CONVINCE THEM TO
KEEP SOME OF THOSE JOBS.
I JUST WANT TO GIVE TRUMP A LITTLE BIT OF CREDIT
BECAUSE THIS WAS ACTUALLY A VERY SMART STRATEGY BY HIM.
THE REASON WHY I SAY THAT IS BECAUSE IN PLACE OF A
ROBUST, COMPREHENSIVE, AND QUITE FRANKLY DIFFERENT ECONOMIC
POLICY THAN WHAT WE HAVE BEEN SEEING, HE HAS NOW LATCHED
ONTO ONE SPECIFIC CASE WHERE HE CAN GO BACK TO OVER AND
OVER AGAIN AND SAY I KEPT THESE JOBS HERE.
KEEP IN MIND THIS IS IN INDIANA.
MIKE PENCE HAD LEVERAGE.
THERE IS OTHER LEVERAGE WE WILL GET TO LATER.
AGAIN, THERE IS A LACK OF TRANSPARENCY WHEN IT COMES
TO THIS DEAL.
THERE IS A LOT THAT WE DON'T KNOW IN TERMS OF WHAT
HAPPENED BEHIND THE SCENES.
I DO WANT TO GIVE HIM CREDIT.
HE DID SOMETHING THAT I THINK DEMOCRATS CAN LEARN FROM.
DEMOCRATS COULD HAVE DONE THE SAME THING.
I KNOW I'M KIND OF STEPPING ON YOUR FEET, BUT THERE WAS THE
ISSUE OF GOVERNMENT CONTRACTS INVOLVING THIS COMPANY.
ALL YOU DO IS YOU TELL THEM THESE GOVERNMENT CONTRACTS,
I'M GOING TO TAKE THEM AWAY FROM YOU IF YOU MOVE THESE JOBS
TO ANOTHER COUNTRY.
OBAMA COULD'VE DONE THAT, SO COULD DEMOCRATS.
BUT DEMOCRATS DON'T DO THAT.
THIS IS NOT GOING TO SAVE ALL THESE MANUFACTURING JOBS IN
THE UNITED STATES THAT ARE EITHER BEING SHIPPED AWAY
OR ENDED BECAUSE OF THE FACT THAT WE HAVE ADVANCEMENTS
IN TECHNOLOGY AND WE NEED HIGH SKILLED WORKERS INSTEAD.
NONETHELESS IT WAS A SMART STRATEGY AND I THINK IT
SPEAKS VOLUMES TO THE ELECTORATE, MANY OF WHICH
YOU DON'T HAVE THE TIME AND RESOURCES TO GET INTO THE
WEEDS AND DETAILS LIKE WE DO NOW.
I AGREE IT IS SMART, BUT I DO NOT AGREE ON WHY.
I THINK YOU AND CENK, YOUR PREDISPOSITION IS TO
ATTEMPT TO BE FAIR.
AND THAT IS WRONG.
WE ARE NOT BEING WINNING BY TRYING TO BE FAIR.
SUPPOSEDLY HE TRY TO TAKE AWAY THE GOVERNMENT CONTRACTS.
THAT IS WHAT HE SAID HE WOULD DO.
DID HE ACTUALLY DO THAT?
I DON'T KNOW.
WHETHER HE DID OR NOT IS IRRELEVANT WHEN YOU PUT ON
THE SIDE OF WHAT ELSE HE DID TO KEEP THESE COMPANIES HERE.
WHAT HE DID IS SHOWER THEM IN MONEY.
YOU ARE ABOUT TO LISTEN TO THOSE THINGS.
BEFORE YOU DO, I WANT TO PREFACE THIS BY SAYING OVERALL I DO
NOT AGREE WITH WHAT HE PLANS ON DOING WITH THE ECONOMY.
AGAIN, THIS IS A TINY, TINY BAND-AID ON A HUGE PROBLEM
WE ARE FACING IN THIS COUNTRY.
HERE ARE SOME DETAILS.
WE HAVE DONE THIS BEFORE.
SO, BEST CASE SCENARIO MORE THAN HALF OF THE WORKERS WOULD
STILL GO TO ANOTHER COUNTRY.
AND THE TERRACE BUT HE WAS ALL BIG AND BLUSTERY ABOUT, IT
IS GONE.
THERE WILL BE NO CONSEQUENCES EXCEPT THAT THEY ARE GOING
TO BE GIVEN MONEY AT THE FEDERAL AND STATE LEVEL TO STAY.
HE THEN GOES AND GIVES THEM HUGE QUANTITIES OF MONEY, WHICH
IS VERY EASY TO DO.
EVERY COMPANY HAS AN AMOUNT OF MONEY YOU CAN GIVE THEM TO
KEEP JOBS HERE.
SECONDLY, THIS IS A BUSINESSMAN THAT HAS DONE ALL THESE
JOBS WITH HIS OWN MONEY.
NOW, HE DOESN'T HAVE TO USE HIS MONEY IN THESE BUSINESS
DEALS, HE GETS TO USE YOUR MONEY.
SO IF HE GIVES 10 MILLION, 100 MILLION, WHAT DOES HE CARE?
IT ALMOST SOUNDS A GET HIS BIG GOVERNMENT.
REGARDLESS OF THE AMOUNT HE GETS TO SAY I KEPT CARRIER JOBS.
REGARDLESS OF WHETHER THOSE JOBS ACTUALLY END UP GOING TO
MEXICO ANYWAY.
IT COULD TURN OUT THAT EVERY PLANT HE OWNS IN MEXICO,
HIS FOLLOWERS WILL STILL SAY HE KEPT CARRIER JOBS HERE.
THE MEDIA IS NOT GOING TO REPORT ON IT.
AND NOW THEY GET A WHOLE BUNCH OF TAX MONEY AS WELL.
LET ME COMMENT ON THE FINANCIAL INCENTIVES THEY
WERE GIVEN TO STAY.
FIRST OF ALL, IF EVIDENCE COMES OUT THAT TRUMP THREATENED
TO THIS COMPANY BY THREATENING TO PULL GOVERNMENT CONTRACTS
FROM ITS PARENT COMPANY WHICH WAS TO THE TUNE OF $873
MILLION, THAT WAS A GOOD STRATEGY WHEN IT COMES TO
THIS PARTICULAR COMPANY IN TERMS OF SAVING LIKE 50% OF THE JOBS.
BUT NOT EVERY COMPANY OR CORPORATION HAS CONTRACTS
WITH THE GOVERNMENT.
WHAT YOU DO WHEN IT COMES TO THOSE CORPORATIONS?
ANOTHER THING I WANT TO MENTION IS THIS IS TAXPAYER MONEY
THEY ARE USING TO SUBSIDIZE THESE BUSINESSES TO
CONVINCE HIM TO STAY.
SO THAT IS BEYOND COSTLY.
KEEP IN MIND, THAT IS YOUR MONEY THAT IS GOING TOWARD
KEEPING THESE COMPANIES HERE IN THE UNITED STATES.
AND HE WANTS TO CUT THEIR TAXES AND DEREGULATE THEM, AND DO
AWAY WITH THINGS LIKE MINIMUM WAGE.
IT WILL HAVE A DISASTROUS IMPACT NOT ONLY ON OUR ECONOMY BUT
THE AVERAGE AMERICAN WORKER.
HE ALSO HAS FAILED TO ADDRESS THE ISSUE OF TECHNOLOGY
ADVANCING.
I WAS READING THIS REPORT ABOUT THE MANUFACTURING INDUSTRY
AND HOW THERE ARE MANY JOBS ñ ONE REPORT STATED THAT
THERE WERE 2 MILLION JOBS THAT WILL GO UNFILLED BECAUSE
THEY ARE LOOKING FOR HIGH SKILLED WORKERS.
BUT UNFORTUNATELY THEY CAN'T FIND THEM.
WHAT DOES HE WANT TO DO?
HE WANTS TO PRIVATIZE EDUCATION, HE DOESN'T EVEN EMPHASIZE
ABOUT COLLEGE AFFORDABILITY.
WHEN YOU GET HIGH SKILLED WORKERS FROM IF WE DON'T
EMPHASIZE EDUCATION?
THIS IS A VERY SMALL THING TO KIND OF DISTRACT US FROM
HIS LACK OF A ROBUST COMPREHENSIVE ECONOMIC
POLICY THAT WILL ACTUALLY WORK.
A COUPLE OTHER QUICK POINTS I WANT TO MAKE.
HE WANTS THESE QUICK EASY WINS IT WILL BE BLOWN OUT OF
PROPORTION IN TERMS OF HOW MUCH CREDIT YOU WILL GET.
AND HE IS WILLING TO DO ALMOST ANYTHING TO GET THAT?
AFTER YOU SEE THIS THAT SIMPLY BY THREATENING TO MOVE A
COUPLE OF JOBS ABROAD, YOU ARE SHOWERED
WITH MONEY,
WHAT WOULD YOU DO AS A BUSINESS OWNER?
I WOULD SAY I'M GOING TO MOVE ALL THE JOBS TO MEXICO.
I DON'T KNOW THAT HE KNOWS HOW MANY COMPANIES ARE IN
THIS COUNTRY.
HE SEEMS TO ACTUALLY THINK THAT IF HE PUTS MONTHS AND
MONTHS OF FOCUS, THAT MAYBE THAT WILL FIX ALL THE PROBLEMS.
MAYBE YOU SAVE 800, 900 JOBS.
THERE ARE HUNDREDS OF MILLIONS OF JOBS IN THIS COUNTRY AND
HE THINKS SO SMALL I DON'T KNOW HOW HE IS GOING TO BE ABLE
TO STOP THE WIDE SCALE OUTSOURCING.
I THINK IN A LOT OF WAYS TRUMP IS NOT A SMART GUY.
BUT IN OTHER WAYS HE IS SMART BECAUSE HE WILL LATCH ON TO
ONE THING THAT LOOKS SUPER SHINY AND POSITIVE.
AND THEN HE ALSO VERY SUCCESSFULLY DISTRACTS FROM
HIS WRONGDOINGS BY TWEETING SOMETHING OFFENSIVE AND
SOMETHING HE KNOWS THE MEDIA WILL BE DISTRACTED BY.
THAT IS THE REASON WHY A LOT OF PEOPLE BUY INTO HIS BS.
THEY WILL LOOK AT A STORY LIKE THIS AND SAY LOOK AT THAT
HE IS KEEPING AMERICAN JOBS HERE.
AND ANYTIME HE IS CAUGHT WITH HIS HAND IN THE COOKIE JAR, NO
ONE PAYS ATTENTION BECAUSE WE'RE TOO BUSY TALKING ABOUT HAMILTON.
I GOTTA KEEP IT REAL, HE IS ACTUALLY A LOT SMARTER THAN
PEOPLE THINK.
IN TERMS OF HIS STRATEGY.
ONCE WE KNOW THE FINAL DOLLAR VALUE THAT CARRIER WAS
GIVEN BOTH IN STREET MONEY AND CORPORATE TAX CUTS, I WANT
YOU TO DO SOME BASIC ARITHMETIC.
I WANT YOU TO TAKE THOSE 10,
$15 MILLION OR WHATEVER IT ENDS UP BEING, AND I WANT YOU TO
DIVIDE THAT BY THE 800 JOBS HE JUST SAVED.
YOU WILL QUICKLY SEE THAT IT WOULD BE FAR CHEAPER SIMPLY
TO GIVE 200 GRAND TO EVERY ONE OF THOSE WORKERS THAN
PAYING FAR MORE TO THE COMPANY TO SUPPOSEDLY PERHAPS KEEP
THEM EMPLOYED FOR ANOTHER YEAR OR TWO.
HE IS A TERRIBLE BUSINESSMAN IF WHAT HE ACTUALLY IS TRYING
TO DO HIS BUSINESS.