Skip to main content

Trump jawboning with Carrier

Trump's first jawboning session.  Carrier vs. Trump
Lots of folks have objected to the $7,000,000 tax break given to Carrier over a ten year period for retaining their Indiana manufacturing operations that were scheduled to migrate to Mexico.  Part of Trump's presidential campaign was to keep American jobs in America.  This is origin of the conflict.  However, ...
No one has observed that if all 1,100 are unemployed in the state of Indiana, the cost to the government for unemployment benefits  would be
1,100 people x 26 weeks x $390/week* = $ 11,154,000

for the first 26 weeks of unemployment.  After that comes welfare, medicaid and more. Serious reduced spending by affected families would be a certainty.  Loss of home and loss of spending power would follow. The total loss is far higher.  Careers are lost, and with them the infrastructure supporting them. 
The mere $7,000,000 cost to taxpayers exceeds the entire tax break in just one-half year!  For a brief phone call more than $4,000,000 was saved to the government.  As well, the price paid for the machines continuing to be manufactured in the US stays in the US. Not being an economist, I cannot give full and accurate measure to the total balance of economics.  It seems there is a quite net gain for the homeland.
*See http://fileunemployment.org/unemployment-benefits-comparison-by-state
Labels:

Comments

Post a Comment

Please Comment.

Popular posts from this blog

Accepting Fake Information

Every day, we are all bombarded with information, especially on news channels.  One group claims it's false; another calls it the truth. How can we know when to accept it or alternatively how can we know it's false? There are several factors which influence acceptance of fake or false information. Here are the big four.  Some just don’t have the knowledge to discern fact/truth from fiction/fact/false*. Some fake information is cleverly disguised and simply appears to be correct. Some fake information is accepted because the person wants to believe it. Some fake information is accepted because there is no other information to the contrary. However, the acceptance of  information  of any kind become a kind of  truth , and this is a well studied topic. In the link below is an essay on “The Truth About Truth.” This shows simply that what is your point of view, different types of information are generally accepted, fake or not.   https://www.linkedin.com/posts/g-donald-allen-420b03
Post a Comment
Read more

Your Brain Within Your Brain

  Your Bicameral Brain by Don Allen Have you ever gone to another room to get something, but when you got there you forgot what you were after? Have you ever experienced a flash of insight, but when you went to look it up online, you couldn’t even remember the keyword? You think you forgot it completely. How can it happen so fast? You worry your memory is failing. Are you merely absent-minded? You try to be amused. But maybe you didn’t forget.   Just maybe that flash of insight, clear and present for an instant, was never given in the verbal form, but another type of intelligence you possess, that you use, and that communicates only to you. We are trained to live in a verbal world, where words matter most. Aside from emotions, we are unable to conjure up other, nonverbal, forms of intelligence we primitively, pre-verbally, possess but don’t know how to use. Alas, we live in a world of words, stewing in the alphabet, sleeping under pages of paragraphs, almost ignoring one of
Post a Comment
Read more

Is Artificial Intelligence Conscious?

  Is Artificial Intelligence Conscious? I truly like the study of consciousness, though it is safe to say no one really knows what it is. Some philosophers has avoided the problem by claiming consciousness simply doesn’t exist. It's the ultimate escape clause. However, the "therefore, it does not exist" argument also applies to "truth", "God", and even "reality" all quite beyond a consensus description for at least three millennia. For each issue or problem defying description or understanding, simply escape the problem by claiming it doesn’t exist. Problem solved or problem avoided? Alternately, as Daniel Dennett explains consciousness as an account of the various calculations occurring in the brain at close to the same time. However, he goes on to say that consciousness is so insignificant, especially compared to our exalted notions of it, that it might as well not exist [1] . Oh, well. Getting back to consciousness, most of us have view
Post a Comment
Read more