A Tale of Two Decisions

 

Since his victory in 2016, President Donald Trump has made two high profile economic decisions. One failed miserably and the other could put America in the best financial position in decades.

After his upset victory in November of 2016 Donald Trump, possibly on a high from his surprise win, decided his first act as President-elect would be to save some jobs at a Carrier plant in the state of Indiana.  This plant was somewhat high profile after a video of the plant announcing the layoffs had gone viral.  President-elect Trump and Vice-President-elect Mike Pence headed to Indiana and in a very short time seemed to emerge with a win.

A deal was announced that would offer Carrier 7 million dollars in incentives from the state of Indiana and in return Carrier would keep over 1,000 jobs in the US that they had planned to ship to Mexico.  Trump promised more deals like this when he became President.  Luckily for the United States that has not happened.  Over a year later that same Carrier plant has laid off over 500 employees and many of the workers feel betrayed by President Trump.  Despite the initial fanfare, this deal was a waste and a failure.  Luckily for President Donald Trump, he chose to end 2017 on a much higher note.

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