Michael Hiltzik on what he calls the Carrier “sham”

Here. An excerpt:

To begin with, rather than facing punishment from President Trump, Carrier will garner a $7-million state tax break from Indiana over 10 years to keep 730 jobs in town, with no guarantee the jobs will even last that long. That’s a minuscule benefit for a company with a profit of $7.6 billion on sales of $56 billion last year. It’s more telling that Carrier’s parent, United Technology, gets 10% of its revenue from U.S. government contracts, so it knows it pays to keep on the good side of an incoming president. Yet for all that, it seems that Trump got rooked by United Technologies. Even though the company is giving in on plans to move 730 jobs to Mexico — at least for now — it’s sticking to its plan to move 553 other Carrier union and management jobs south of the border. Nor is UT abandoning plans to shut down a plant manufacturing electronic controls in Huntington, Ind., just 100 miles from the Carrier factory, at the cost of another 700 jobs.

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