Carrier Employees React To Layoff, Jobs Moving To Mexico
Рет қаралды 278,641
8 жыл бұрынCheck out this video of an executive at Carrier Air Conditioner (owned by United Technologies) in Indianapolis informing 1,400 employees that their jobs will be moved to Mexico. Cenk Uygur, host of The Young Turks breaks down the video and discusses what's really behind the decision. Tell us what you think in the comment section below.
Read more here: www.mediaite.com/online/video-...
“Although the decision to inform a workforce of 1,400 employees that they’ll soon be losing their jobs to Mexico is an admirable one from the standpoint of candor, it hardly makes for a good recipe for workplace morale.
A cell phone video taken at Carrier Air Conditioner in Indianapolis shows the exact moment that the plant and union workers were told that the company had decided to shift production south of the border. “The best way to stay competitive and protect the business for longterm is to move production from our facility in Indianapolis to Monterrey, Mexico,” says the company representative at the microphone.
Although the change would not take effect until 2017, the reactions from the gathered restless crowd were telling.”*
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@johnedwards1968 8 жыл бұрын
I am amazed how long it took the middle class to realize that free trade was stealing their jobs.
@joselemans49 8 жыл бұрын
+Despicably Irascible Rapscallion Yea "steal"
@VirtualVictory 8 жыл бұрын
And Trump is pro-free trade. He doesn't care.
@jasperthedog8585 8 жыл бұрын
this country will never be whole until we bring back fair trade!
@pnut1578 8 жыл бұрын
soon I can hear the Chinese to walk my dog with m my inflated money
@pnut1578 8 жыл бұрын
+pnut1578 hier*
@ExtremePotato 8 жыл бұрын
Americans jumping the border to Mexico What a time to be alive
@farkhodkhikmatov4738 8 жыл бұрын
lol
@patrickbriggs8409 8 жыл бұрын
Guess what? A lot of those people in that room that lost their jobs voted Republican.
@Narrowcros 8 жыл бұрын
Than they must be happy being layed off..oh wait
@RydarGames 8 жыл бұрын
+Patrick Briggs But the free trade agreement( NAFTA) that sent jobs over the border to mexico was signed by BILL CLINTON. You even have videos all over youtube of Hillary Clinton endorsing Nafta in the 90's. Dang you people are ignorant. Stop buying into two party system crap.
@ddbsu30 8 жыл бұрын
+Patrick Briggs I wouldn't be so sure of that. Even here in red state Indiana, union workers vote heavily Democrat.
@Swayze0fArabia 8 жыл бұрын
Sometimes we don't have a choice, most of the republicans run unopposed
@CoralSkin-bd2xz 8 жыл бұрын
Sadly, that's probably true.
@alisa60135 8 жыл бұрын
"This is strictly a business decision." Probably one of the worst things you can say. It implies that the over a 1000 jobs you just fired do not mean anything to you.
@thomasmackelly7685 8 жыл бұрын
And then they wonder why Bernie is skyrocketing.
@chainlinkfence6590 8 жыл бұрын
+Thomas “TheGreatestLiberal” MacKelly Bernie would make this worse. He would INCREASE taxes on businesses which would cause a mass exodus. TRUMP would reduce the tax and regulatory burden and make people WANT to start businesses in the US again.
@chainlinkfence6590 8 жыл бұрын
***** Because emperor Bernie will fix everything with his magical socialist powers.
@13jamie13jam 8 жыл бұрын
+The Moral Crusader Unless you pay people in the US 2$ an hour then there's no way they would stay
@thomasmackelly7685 8 жыл бұрын
+The Moral Crusader You are witnessing the beginning of total revolution.
@ZodiacGF 8 жыл бұрын
+The Moral Crusader Bernie wants to impose the fair trade deals and tarts that we had before that would make it so if a company does want to leave america there going to have to pay most of there companies worth to leave by that time the company is already doomed
@thepeakoflife 8 жыл бұрын
On top of the layoffs they're all getting sued for $1 million dollars each by the Fine Bros for making a react video.
@pnut1578 8 жыл бұрын
do you have link?
@Mario-fg6ns 8 жыл бұрын
+pnut1578 Are you for real?.....
@Thepharcyde4ever 8 жыл бұрын
best comment in a long time
@ericwilliams7304 8 жыл бұрын
+pnut1578 You can't be more obviously sarcastic than that....how did you not get that? Please tell me your trolling.
@Lawrd.Rivguz 8 жыл бұрын
you sir just made my day, kudos.
@MathewStone1 8 жыл бұрын
THIS IS WHY BERNIE SANDERS IS NEEDED!! DOWN WITH TRADE DEALS INCLUDING THE TPP
@maksimtsionskiy 8 жыл бұрын
+Thebebop2008 trump only cares about trump. You just too blind to see
@demonvictim 8 жыл бұрын
+maksim tsionskiy he literally talked about this during the debate
@maksimtsionskiy 8 жыл бұрын
+Fuelinjected Magpie oh that why Trump hiring Americans in his hotels right? NOT
@Jon-ck7pg 8 жыл бұрын
+maksim tsionskiy and you are to blind to see (if) bernie or Clinton wins and they raise taxes and up the average wages how are companies going to be able to afford to employee nearly as many employees? answer is they can't so be ready for more and more of this
@maksimtsionskiy 8 жыл бұрын
+Jon ! No, you blind to see that in Seattle and other place where they did that, the economy actually boomed. And when they will not have to pay for health care costs then it will offset that spending.
@justatiger6268 8 жыл бұрын
Those kinds of CEO salaries are NEVER justified. No one works literally a THOUSAND TIMES more or better or is that much smarter than any average employee. In fact, the reality is that it's totally arbitrary; the CEO is the one at the top with all the power and gets to direct where the cash flows so of course he (and it's mostly he) directs a lot if it to himself. Simple. Capitalism? What name so?
@Tbm147 8 жыл бұрын
+Hobbes Tiger Shareholders are happy with the CEO getting paid that much. It's the shareholders' money, not yours, so your opinion does not matter.
@justatiger6268 8 жыл бұрын
+7un Away Don't be an @hole this early in the day. CEOs are paid in shares so they would have a vested interest in the company's success. However, company buybacks of shares to artificially inflate the price for the short term hurt the long term shareholders, the actual owners of the company. So it's nowhere near as simple as you describe it. Also, if I were a company I would rather pay my designers and my R&D department at least as much as the CEO thereby encouraging them to make the absolute BEST product possible while also attracting the best possible talent (and unlike CEOs, here you have actual TALENT to speak of).
@jameswilliams2182 8 жыл бұрын
+7un Away yea you don't know shit bro, quit trying to stir the pot...
@Tbm147 8 жыл бұрын
Hobbes Tiger You're trying to sound more intelligent than you are. I doubt you know more about this than the people actually investing their money. As I said, if they're happy, your opinion is irrelevant.
@Tbm147 8 жыл бұрын
Sarah Rowley Nice grammar and spelling. I'll give you 10 points if you spot the irony in your last comment.
@AliHSyed 8 жыл бұрын
Maybe if they didn't shoot vertical video, they would still have their job.
@velociraptor9200 8 жыл бұрын
maybe
@CoolClientCarl 8 жыл бұрын
Win!!
@CoalMyn1382 8 жыл бұрын
Lmao. Right
@inboxlastname5633 8 жыл бұрын
Give this man a raise!
@focused313 8 жыл бұрын
Lol.
@Bentleyboogie10 8 жыл бұрын
Does this explain why more people are going to Mexico than coming here?
@stivenlopez6277 8 жыл бұрын
yup
@ZodiacGF 8 жыл бұрын
Most likely now I understand why our immigration numbers are in the negatives
@xxjjgdrgn 8 жыл бұрын
+Michael Robertson You're way off lol
@xxjjgdrgn 8 жыл бұрын
+Michael Robertson hehe
@EpicGear13 8 жыл бұрын
Lol in a year or two we won't even need a wall
@oldi184 8 жыл бұрын
"Humanity in its history created 3 types of totalitarianism: Bolshevism, fascism and corporatism. Two of these systems have collapsed. The third is alive and flourishing." - Noam Chomsky
@MelissaBrownapt215 6 жыл бұрын
"Let me be clear, the decision was strictly business." Thanks for clarifying. . . thought it was strictly religious. Whew. What a Relief. I mean, that changes everything.
@tyronejablonski272 8 жыл бұрын
The unions endorsed bill clinton and clinton signed NAFTA.
@PoosinP 8 жыл бұрын
+Aggiesgigem Bernie Sanders opposed the bill.
@uhohhotdog 8 жыл бұрын
NAFTA was created by republicans.
@PoosinP 8 жыл бұрын
+Aggiesgigem Bernie Sanders was against it tho!
@tyronejablonski272 8 жыл бұрын
King Kunta But now bernie has joined the party(democrats)who rammed it through.
@ashleegrant48 8 жыл бұрын
+Tyrone Jablonski because of the shitty two party system in the US which forces you to join a party to even get into the government.
@PablinskyCorporation 8 жыл бұрын
1,400 new Trump voters.
@farkhodkhikmatov4738 8 жыл бұрын
sure...
@uhohhotdog 8 жыл бұрын
Trump? Trump does the same thing.
@seantripp6028 8 жыл бұрын
+PablinskyCorporation ...and then you woke up
@captainbeefheart5815 8 жыл бұрын
Hopefully.
@LookForThetruth11 8 жыл бұрын
how would trump help? he makes his shit in mexico too.
@evilwillhunting 5 жыл бұрын
Poor guy getting catcalled for reading the statement... oh wait... this guy probably got a 180k raise and will go home and plan that Christmas vacation to Bermuda while everyone else in the room is going to worry how they’ll make the rent in the coming months....
@syystomu 8 жыл бұрын
The workers should be allowed to take over the plant after the operation moves and turn it into a worker co-op and keep working.
@djoleyt 8 жыл бұрын
+Tuuliska I like new sentiment among workers in US.. That (worker co-ops) is what we had before US and corporations destroyed our system. Problem is, when government doesn't support people and rig the system against them, organizations like that have a hard time staying in business.
@interstellarradio 8 жыл бұрын
Oh, wow. Companies outsourcing to cheaper countries despite taxes being low for them? What are the odds?
@ryan8878 8 жыл бұрын
+Aggiesgigem - These things called tariffs. LOL!
@14Schofield 8 жыл бұрын
+Aggiesgigem Stops them from leaving in other countries.
@ryan8878 8 жыл бұрын
***** Who said anything about specific candidates? We are talking policy dipshit.
@interstellarradio 8 жыл бұрын
***** Uhm... As we just concluded that keeping taxes low doesn't stop them from leaving, yeah. Let's raise the taxes.
@MC-up9nx 8 жыл бұрын
+interstellarradio we can make it cost more to leave
@AliMohamed-yq4wn 8 жыл бұрын
This is why you need Bernie Sanders America
@ryan8878 8 жыл бұрын
+Aggiesgigem - Lol, you are such a dumbass
@Roelioz1 8 жыл бұрын
+Aggiesgigem Because they would be taxed and fined when do something like this under Bernie (under the tax loophole he's been talking about)... It would be more expensive to move than to stay.
@craziedzombie 8 жыл бұрын
+Aggiesgigem so what let them. people will eventually wake up and stop buying their products duh.
@BramSLI1 8 жыл бұрын
+Aggiesgigem nope, you've missed how this works. Imagine that.
@cardinalkesky 8 жыл бұрын
+Aggiesgigem Re...Really? That's what you took from the story?
@kathyhumphrey2950 8 жыл бұрын
How are they going to get all those air conditioners past the wall? LOL
@DigitalHobby 8 жыл бұрын
This is only the beginning, wait until TPP kicks in.
@dwbkmj 8 жыл бұрын
THEY TOOK OUR JOBS - South Park.
@graymoe2007 8 жыл бұрын
No one is taking our jobs! American business owners are willingly giving our jobs away because they want to make $10 billion instead of $7 billion!
@dwbkmj 8 жыл бұрын
Michael Robertson They weren't against immigration. It was satirical commentary on those who were against immigration. Comedy through mocking xenophobic politicians and citizens of a certain voting block. There is a difference.
@dwbkmj 8 жыл бұрын
Michael Robertson Yes obviously that must be the reason for my differing opinion.
@dwbkmj 8 жыл бұрын
Michael Robertson Dude grow up, your arguing with yourself.
@derekwhite1870 8 жыл бұрын
Derk der derk - South Park
@GazMatic 8 жыл бұрын
Check this people... They received MILLIONS OF DOLLARS IN TAX BREAKS AND INCENTIVES to STAY in that state and they still shipped jobs overseas. This kills the whole notion that raising taxes on companies will make them ship their jobs overseas. They do it because they CAN. They do this because loopholes allow them to do it. Vote bernie. Close the loopholes and make them bring the jobs back home. #FeelTheBern
@divinuminfernum 8 жыл бұрын
+Gaz Matic exactly!!
@NotSoFancyGames 8 жыл бұрын
People in Mexico do need jobs, but firing people here to replace them with cheaper labor in some foreign country is BULLSHIT.
@chrisraines1564 8 жыл бұрын
+NotSoFancyGames It's capitalism. Like it, or not.
@sagnorm1863 8 жыл бұрын
+NotSoFancyGames Fire higher paid workers in the US and give those jobs to Mexicans at HORRIBLE WAGES. Everyone loses except the rich.
@chrisraines1564 8 жыл бұрын
+Sag Norm Again welcome to capitalism. I don't know what people expected.
@gratefulheart5454 8 жыл бұрын
I completely agree. Outsourcing is terrible for a struggling nation.
@alexunity5875 8 жыл бұрын
That 1 black guy left right away probably thinking "gotta go look for a new job", only smart one.
@chaddon7685 8 жыл бұрын
"I want to make this clear: this is a business decision." Oh, okay, I feel better now.
@alvaroquijano579 8 жыл бұрын
trump just got 1,400 more votes, altho this is indianapolis so they were prob going to vote for him anyway
@ryushishiratori2312 8 жыл бұрын
+Alvaro Quijano You wish.
@BikutaValdez 8 жыл бұрын
trumo supports free trade like this. bernie just got all those people. he wants to keep keep factories, and plants here in america. Trump wants to pay korean kids 15 cents an hour to make his ties.
@shieh.4743 8 жыл бұрын
+Victor Hernandez Never estimate the mind of a bigot. Did you notice the reaction didn't come at the announcement of the layoff, but that the jobs were moving to Mexico. Guaranteed that a bunch of them went out for a beer to talk about how Trump's wall would keep jobs in America and how those damn democrats voted to keep taxes "too high" for the corporations. Uhggg.
@shieh.4743 8 жыл бұрын
+Sassafraster See posts by Tyrone. That's the typical republican who votes against his own interest. He drank the Koolaid that promises that if only execs could make even more money, somehow American jobs will blossom.
@penfoldooo2160 8 жыл бұрын
_"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on - shame on you. Fool me - you can't get fooled again."_ - Dubya
@santosd6065 8 жыл бұрын
My only complaint here is that Cenk often calls himself a capitalist, and is in support of capitalism. Well... this IS capitalism. Not crony capitalism, not rigged capitalism. This is the way capitalism is supposed to function. You may like it or not like it... but you can't really say it's not capitalism.
@snipergirl21 8 жыл бұрын
+santos D Thank you. It was bothering me too.
@santosd6065 8 жыл бұрын
Vian zlonomav Well, yeah, all of that is true, and that's not the way the idealized "capitalism" is supposed to function. My view is that capitalism imploded in 1929 and never really recovered. Ever since then it's been like what you described... big corporations surviving only because they are on government life support. My point was only about this one specific instance, the way Carrier is behaving in this clip is exactly what capitalism is supposed to be about. In any case, the entire field of mainstream free market economics seems to me to be more ideology than real science.
@TheCaniblcat 8 жыл бұрын
Trump and Sanders do NOT have two totally different ideas on how to fix jobs being moved to other countries. Sanders has an idea. Trump has hot air with no substance behind it. Corporations will do whatever makes the most profit for them. If that means following the law, then they'll follow the law. If that means breaking the law and paying a fine, then that's what they'll do. We need to make it more profitable for businesses to remain here and play by the rules than send their employees elsewhere and break the rules.
@fool117 8 жыл бұрын
get used to it, the TPP deal ensures we will lose thousands of more jobs
@santanalz 8 жыл бұрын
+Matthew Rose Yeah, you're really REALLY dumb.
@surrept1979 8 жыл бұрын
This happened with my company just a couple of years ago, in the exact same industry (direct competitors), in almost the EXACT same way. A plant in NY closed, and they moved manufacturing operations to an existing plant in Mexico.
@theflightfile9578 6 жыл бұрын
Trump does not give a damn about anyone. Wake up people!
@ravensblm 6 жыл бұрын
And what politic does
@anthonygemfield153 8 жыл бұрын
You will be surprised at the number of people who will blame Mexicans for this.
@RCPropaganda 8 жыл бұрын
+Anthony Gemfield uneducated people blame mexcians.
@davideli22 8 жыл бұрын
cenk please pretty please stop mentioning sanders and trump in the same sentence sanders is not a hateful human being
@jsmetalcore 8 жыл бұрын
+Jonathon Luna He's democratic socialist,he's not anti-capitalist.Hes just against the authoritarian tendencies that capitalism has.
@jsmetalcore 8 жыл бұрын
***** I don't think you know what democratic socialism is...... Also calling the poor lazy would be an insult to majority of the population. Everyone should have an equal chance to succeed in life, instead of being born into it.
@KartGaming 8 жыл бұрын
Unpopular opinion: this employer was very nice about it. He told them a FULL YEAR ahead of time, that's a long time to help his employees prepare. He didn't have to do it that early, if he was as "cold blooded" as people say he could have done it a month in advance.
@mum2jka 8 жыл бұрын
+KartGaming - Lets Play Videos It is more than many get, true. And it could shoot them in the foot as these people leave for work elsewhere and therefore don't have enough workers to finish the year out, OR to train the new employees...I hope it does!
@barnabywylde2224 8 жыл бұрын
Their union needs to organize a new air conditioning manufacturing business that the former Carrier employees can own and work for and compete against Carrier.
@orlandotelevision 8 жыл бұрын
Well since they're moving to Mexico, the American companies shouldn't buy their products, and all government contracts should be cancelled
@krissrock 8 жыл бұрын
I hope all those workers are voting for Bernie...
@A86 8 жыл бұрын
Unfortunately a lot will probably vote for Trump. At least, a lot of the white ones will. They think deporting Mexicans will somehow bring the company back to America. Bernie's plan is better. Rebuild unions and stop tax cuts for outsourcing.
@mediocremakeup561 8 жыл бұрын
+krissrock They're likely staunch conservatives
@krissrock 8 жыл бұрын
+Danny Puran guess you didn't watch the video....
@krissrock 8 жыл бұрын
+Danny Puran you don't even know what economy means
@brandonhalliii1 8 жыл бұрын
+Danny Puran I am in the process of taking an advanced economic class and yea supply side economics( trickle down) only works in the short term in increasing growth and real GDP but in the long term if fails every time because it has no contractionary policy to curtail inflation and massive speculation leading to big bubbles and large burst( boom bust cycles) examples Reagan did this policy great growth during his presidency but the economy tanked right after he got out and there's the dot com bubble and the 2008 housing bubble also the Great Depression and the 1870's and 1880's mini depressions
@Sirfatandblack 8 жыл бұрын
I'm not surprised, this is America. Corporations don't give two shits about their lower employees. As someone who busted my ass in a grocery store can tell you, hard work is not rewarded in these types of jobs. It's why you never see the same people in those types of places. Much easier to hire new workers than to invest more time and money in old ones.
@vmah0111 8 жыл бұрын
If all the jobs go to mexico, maybe mexico really will pay to build that wall....
@truthbetold8425 8 жыл бұрын
Carrier did this out of pure greed. Want to do something about it? Refuse to buy there products.
@JohnTSmith-jw2gq 8 жыл бұрын
I have noticed that Trump and not Hillary has condemned this.
@davidmayfield9834 8 жыл бұрын
regardless of how you feel about Cenk, he is right on this issue we need to wake up, notice how both parties got donations from this company, wake up people.
@bananatube6004 8 жыл бұрын
Shipping American jobs overseas is bananas
@DominikSobolewski 8 жыл бұрын
+A Different Video of a Banana Every Goddamn Day ROFL display pic
@TurdFurgeson571 8 жыл бұрын
"Strictly a business decision?" I though corporations were people, so it's personal, right?
@SuCKeRPunCH187 8 жыл бұрын
this gives donald trump more ammunition
@SLRok 8 жыл бұрын
+SuCKeRPunCH187 how?
@MysterySchoolMS 8 жыл бұрын
+SLRok Half of his campaign is crying about mexico. Not to mention he did say something about this in the last debate.
@SLRok 8 жыл бұрын
thekidofva yes but he uses chinese labor to make his ties and suits. So yeah he says one thing but in practice the man has no problem with this.
@poppedfloor4422 8 жыл бұрын
+SLRok It doesnt matter, he'll use this and act like the victim, and his supporters will keep believing his shit.
@nyce6113 8 жыл бұрын
How? He wants to lower your wages dummy.
@US_Joe 8 жыл бұрын
They did the same thing in Syracuse, NY being the largest job creator in the area - which is now somewhat desolate since. Many of my relatives were forced to move away for employment.
@AlyD247 8 жыл бұрын
These are the kind of stories that piss me off. This is why we need a higher minimum wage. The problem isn't that big corporations can't pay their employees higher, it's just they'd rather give more to the top CEO'S and not their actual workers. Worker wages have remained stagnant while they take in more. And now, because they want to keep their salaries, they want to lay off so many people. This is the kind of stuff that really upsets me.
@RSBickAKaby 8 жыл бұрын
***** wait, so no to the axes and swords? :( Awe you got me excited there. Guess I'll just go to sleep with my confederate flag blanket
@Thepharcyde4ever 8 жыл бұрын
they took our jurb
@SoNiKSh0t 8 жыл бұрын
+Davis Smith TEY TURK ERR JARB
@velociraptor9200 8 жыл бұрын
+- Adam - NEXT EER GUNS
@NamLe1975 8 жыл бұрын
If the TPP passes expect more of this.
@TheOriginalDarkGlitch 8 жыл бұрын
Boycott Carrier. Don't buy their shit. But will Americans do that? Nope.
@tonytune4342 8 жыл бұрын
Trickle down? I prefer PISSED ON !! Isn't that more accurate ? 1400 Loyal, hard working men and women kicked to the curb by a company that is making profits.1400 families thrown under the bus. This is not the country in which I grew up.How much longer is this going to go on? How much longer can it go on before every working class person is living under a bridge. Things in this country MUST change. Hillary will prove to be business as usual. Bernie Sanders offers the best chance for real change in this country that I have seen since the optimistic outlook we had under president Kennedy. Our economy has been dysfunctional for years and must by fixed before it is too late. Just some thoughts from an old retired guy. A.R. Norfolk,Va.
@cuckingfunt9353 8 жыл бұрын
+Tony Tune That's always what it was, just a little in-joke for the rich... Pissing on ya, and tellin ya it's raining gold.
@Darkest_Soul_187 8 жыл бұрын
They weren't THAT pissed. I exptected a riot.
@Lobos222 8 жыл бұрын
NAFTA did that... which Bernie Sanders voted AGAINST.
@Jrdaghost187 8 жыл бұрын
My friend work there for 12 years his father and law work there 27 years. This is how they show their appreciation.
@sephwatson340 8 жыл бұрын
With $6Bn in profits they could keep jobs in Indianapolis and open a new place in Mexico. This decision was just greed.
@MrMusiclover41 8 жыл бұрын
We can remember this next time we replace our heating/air conditioning systems in our homes!!! Don't buy Carrier.
@ronaldarias2925 8 жыл бұрын
the nerve, for the well being of the company you all are fired! why do you guys look upset? the company is going to do well, like the workers are share holders
@TheGreatMoonFrog 8 жыл бұрын
It's never "just a business decision". If you haven't thought about the wellbeing of your employees then it is a poor decisions that hasn't explored all aspects of itself. If it has thought about the wellbeing of it's employees then it isn't "Just a business decision." I get so tired of the spineless CEO cowards that hide behind "it's just business." like the concentration guards stated that "it was just their job".
@aegilmoth 8 жыл бұрын
Meanwhile, the guy speaking gets a $1,000,000 bonus.
@JuicyCharon 8 жыл бұрын
But I thought we were in a recovery, isn't that what the government keeps telling us? We never left the recession of 2008, we didn't hold the banks responsible and we just created many more bubbles all ready to burst. We are heading for a depression similar to 1929. Manufacturing has dropped to record lows. These are the real reasons people are voting for Trump and Sanders. The people have had enough. They are being sucked dry in the current system and as food stamps rise, the people become agitated.
@LS-wh9rn 6 жыл бұрын
Trump’s TRumpanzee voters - voting to keep them (Mexicans) out while Mexicans are fleeing this country to go home to get these jobs in a place they can actually buy a home and healthcare 😭😂
@jkdatlvnv 8 жыл бұрын
A very important economic point to add to this conversation is that these American earned paychecks pay federal income tax. The employer and the employee contributions fund the social security system and finally American paychecks help support their local economies. All of this goes away when jobs leave the U.S.A.
@blacksmith67 8 жыл бұрын
In a way this is a sort of example of the Tragedy of the Commons. Corporations share consumers as a common resource (e.g. the same person who drives a car, buys gas, uses an internet connection and brushes their teeth spends some of their income with hundreds if not thousands of goods and services providers). When one corporation decides to lay off employees and move jobs out of the country, they do so knowing that other employers, by maintaining their workforce, will dilute the effect such that the loss of consumers does not cancel out the profit gain from firing some of them. But when too many corporations fire too many employee/consumers, then the total effect does hurt all of the corporations. When viewed in this way, the outsourcing of jobs to other countries is a type of tax theft, in that corporate profits are gained by not merely reducing the tax base by the number of jobs lost, but by shifting the burden of unemployment onto the government. Moreover, with long term, chronic unemployment come all other kinds of social burdens, such as loss of housing, alcohol/drug abuse, poorer education for the children of unemployed just to name a few.
@michaelchilly93 8 жыл бұрын
Just the facts ma'am. "In 1993, Bill Clinton signed the North American Free Trade Agreement, which lifted most tariffs on goods traded among the United States, Mexico and Canada."
@freewoman9023 8 жыл бұрын
+Michael Adams You are so right why does no one else remember this. Thought it was 1994, but anyway you are right. It was not only Mexico and Canada, how do you think China became so powerful. Also India so many of our jobs are now in India. Basically jobs anywhere other than America. Hillary would be the worst thing that has happened to America, possibly worst than Obama if that is even possible.
@GuyThatUhate1 8 жыл бұрын
let's end tax cuts for companies that do this
@GuyThatUhate1 8 жыл бұрын
+who ami no you're wrong you think we should race to the bottom by giving tax cuts to attract weak companies. if you ship job over seas then come to the American people with your hands out for a tax cut you deserved to get them chopped off
@nicodialdrin8203 8 жыл бұрын
+GuyThatUhate1 the us has the highest corporate tax rate in the industrial first world. If we lowered it to around 15% we would have a massive reshoring of companies which happened in countries with lower taxes for corporations like Ireland and even some of the Caribbean countries as of late. The us loses tax money when these companies leave so we would be much better off if they stayed and employed people as opposed to leaving and losing all tax revenue. And we can impose tariffs which is how we generated most tax revenue in the late 1800s and early 1900s. TRUMP WILL DO THIS AND WIN
@GuyThatUhate1 8 жыл бұрын
+Nico Di Aldrin bullshit, every word. you go ahead and waste your vote on that clown.
@falcoperegrinus2292 8 жыл бұрын
This sort of thing will be commonplace if/when TPP comes online. US on the road to being a 3rd world nation. Corporations are the only entities winning but they are the architects of their own destruction.
@calvinh.8882 8 жыл бұрын
Ford heard what Trump said he would do to them if they moved to Mexico, and the CEO of Ford made a statement yesterday saying they are staying here, and that they sent Trump a letter letting him know they are here to stay!! LMAO!! And If this is the kind of power Trump already has... just think of what he can do if he becomes president! TRUMP 2016!!!!
@MORE1500 8 жыл бұрын
This should be illegal.
@MilitantAntiTheist 8 жыл бұрын
Those employees have officially Learned Liberty.
@BramSLI1 8 жыл бұрын
+MilitantAntiTheist exactly! This is what happens when you remove regulations and even incentivize moving your business to another country. This is what Bernie would put an end to if we're smart enough to elect him. Our trade agreements and tax regulations would make it extremely expensive and extremely difficult to get away with this shit! #NotMeUs
@pizzahutlovinhulk 8 жыл бұрын
Bernie has been trying to fight this his whole career
@insanisstultitia3119 7 жыл бұрын
Under TRUMP this is what winning feels like. Are you tire of winning yet?
@marros7682 7 жыл бұрын
If companies would tell people how much or how little of their product is made in the US by Americans, we'd know what we are buying. I suggest that companies whose products are 90- 100% made in the USA loudly advertise that fact. There are many Americans who are willing to pay a bit more for American made--especially, since many goods made in Mexico are not that much cheaper in the end.
@jasonsmith1288 7 жыл бұрын
what's funny is Trump promised to save this plant and Carrier said their still moving
@Xenite227 8 жыл бұрын
I used to live in Indiana (most of my life actually) since NAFTA was passed Whirlpool, GE, RCA and other plants all closed down factories in Indiana and moved them to Mexico. Free trade agreements have killed blue collar jobs in this country. But it's ok all these people can retrain to be programmers or IT workers right..... ohh shit India took those jobs to. Maybe they can retrain to be nuclear physicists.
@HollowHill17 8 жыл бұрын
+Xenite227 well the problem is they want to hire expert IT workers....... they can hire average IT or recent college grad from India which is cheaper, than hiring an American one...... most IT jobs in America expect you to move to India, when they outsource outwards and require lot of travel and relocation which the workers are responsible to pay for it................
@sinceremilkoftheword9754 8 жыл бұрын
it should be illegal to lay off that many workers when you're making a certain amount of profits, or else greed takes effect and workers with families are left unemployed.
@rocketraccoon1976 7 жыл бұрын
The funny thing is, most of those employees, over their lifetimes, probably repeatedly voted for the politicians who supported this type of economy. You got what you voted for. Enjoy.
@CMRinehart 8 жыл бұрын
Don't buy a Carrier anymore. The reliability might be pretty bad after this meeting
@evilwillhunting 5 жыл бұрын
Jorge in Monterrey will work for five dollars an hour with no benefits. Tsu Li in Beijing will work for even less. Billy Bob from Indianapolis wants 80k a year, with benefits, for doing the same job. This is the real problem here, not politics. The executives get even more money for making these moves plus they no longer have to worry about unions. Nothing is going to fix this, other than financially punishing corporations for offshore labor.
@MarioHernandez-ci4cc 4 жыл бұрын
5 dls a day maybe 6
@chadcrigger739 8 жыл бұрын
wow real eye opener. thanks for shedding light on this .
@charlesbombaugh9028 8 жыл бұрын
Unemployment, Reagan's legacy
@66thru68veteran 8 жыл бұрын
+Charles Bombaugh Doc Brown to Marty: so who's the president in 1985? Marty : Ronald Reagan. Doc Brown: THE ACTOR???
@case6189 8 жыл бұрын
I would like to see more videos like this, shows me which companies I could stop shopping at.
@chriscorona1317 8 жыл бұрын
They (corporations) are using (or abusing) the rules of the system they are in. Renowned economist Richard Wolfe talks about this very subject in-depth. This is the nature of capitalism. Unless workers own the means of production, we will always be in a perpetual skirmish between corporate greed and workers rights.
@DeathBlackWish 8 жыл бұрын
This is why I love Cenk, he's not ridiculously leaning to one side or another, he says "It depends on the issue" and I completely respect that and agree with that 100%.
@markaaron9957 8 жыл бұрын
A country or nation is no better than the way it treats it's weakest members.
@NewBeginningsThePunchNews 8 жыл бұрын
United Technologies Is also moving and suppliers are laying off people because of this... This will immediately affect 2200 people's jobs...and the whirlwind effect after that move of Carrier and UTE will be catostrophic.
@Xenophene01 8 жыл бұрын
Thank you Merica From Mexico PS: Give us your jobs and then get Trump to build that wall from stopping you guys from coming over.
@hendo0068 7 жыл бұрын
Americans need to start boycotting these companies that outsource jobs and move production out of the US!!!!!!
@CyrusYareff 8 жыл бұрын
Corporations used to share the majority of their profits with employees. Now the employees get shit and most of the profits go to the shareholders and executives. The system needs to be changed.
@sandybergstein9396 7 жыл бұрын
Cenk, I saw your video from the airport yesterday and thank you. I am not a fan of TYT but I know you have influence over the young people. You were fair and that is all any of us want. I am a Trump supporter....please try to help more than hurt. Yesterday was a start...for all of us.
@Gravertrain 8 жыл бұрын
Sick of this sedition?!?! BERNIE SANDERS 2016 ! Take back our Democracy!
@THELANKANCOMRADE 8 жыл бұрын
+Swaggybeats trump ? The guy who makes his "make America great again" caps in China and does the exact same thing ? Where was he in opposing NAFTA CAFTA TPP ?
@timandanitahudacek764 8 жыл бұрын
+Swaggybeats - Oh yeah, Trump knows the game....How to have his own campaign products made in CHINA and how he wants to LOWER the minimum wage....Yup...he knows the game...How to throw American workers into poverty!
@Gravertrain 8 жыл бұрын
+Swaggybeats On the contrary, "rules" make Capitalism socially viable in the long term.
@Gravertrain 8 жыл бұрын
+Swaggybeats Trump is playing "mind games" with a credulous audience, and an unbelievable percentage of us are falling for it. Please be ultra skeptical of his rhetoric.
@stickeyyyy 8 жыл бұрын
Gravertrain Graveytrain So you can't disprove my argument and all you have to say in the end is "be ultra skeptical of his rhetoric"
@AbdelRussell 8 жыл бұрын
I loved Donald Trump before his recent campaigning, and scratched my head at some of the things that he's said during the campaign, but, it's things like this that make Trump look like the smart one!
@jamesgilcrease686 8 жыл бұрын
theres a big differentiation between capitalism and corporate greed
@Teotifoso 8 жыл бұрын
This kinda stuff is where Trump and Sanders voters come from. The latter I'm okay with.
@starlock11 8 жыл бұрын
Feel the pinch? Feel the Bern!
@MaddawgJAG 8 жыл бұрын
You never see a CEO's job outsourced.
@justgettingtothetruth8290 8 жыл бұрын
There is a move to have a NATION wide boycot of all Carrier products, until they put in writing that they will stay in the states. If you agree, just DON'T buy their stuff. They don't need us, we don't need them.
@Irbeth 8 жыл бұрын
And if the people owned the means of production, that wouldn't happen.
@MarzNet256 8 жыл бұрын
The government should cancel it's contracts with those scumbags. Henry Ford was also a Capitalist, but he understood that workers need to be able to afford what they produce-to be part of the consumer base. How the hell are people supposed to buy products when their jobs are being shipped overseas just to eek out a bit more profit for the company. The government has a lot of leverage in this situation, and they should use it.
@feet1215 8 жыл бұрын
+MarzNet256 THEY DONT NEED THE USA THEY CAN SELL IN THE CHINESE MARKET. VOTE TRUMP IN 16. VOTE JOBS
@hans-juergenkirstein3962 8 жыл бұрын
+MarzNet256 As I recall the history, at the time Ford moved the daily wage to $5 which had all the other auto companies predicting Ford heading for bankruptcy. They looked rather foolish when thousands of Ford workers began buying and driving the cars they produced. One might even say that, with that unprecedented move, Ford was recycling his earlier wage increase and thus produced a win-win scenario.
@MarzNet256 8 жыл бұрын
+Hans-Juergen KIRSTEIN Agreed.
@feet1215 8 жыл бұрын
BUT THEY DONT
@gtnew 8 жыл бұрын
Lmao I don't know why i laughed so hard but when cenk said you think they are thinkin in the think tanks? But it has me laughing 😂😂😂😂 Totally agree with him on this though.
@jopestv1063 8 жыл бұрын
Thanks, Ronnie. Thanks, Bill. Your legacies shine bright in outsourced jobs & the 1%.
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