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Explaining the potential short and long term impacts of Trump’s Carrier deal




President-elect Donald Trump speaks to workers at Carrier air conditioning and heating on December 1, 2016 in Indianapolis, Indiana.
President-elect Donald Trump speaks to workers at Carrier air conditioning and heating on December 1, 2016 in Indianapolis, Indiana.
Tasos Katopodis/Getty Images

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President-elect Donald Trump’s announcement that he and Carrier Corporation, a company that makes heating and air conditioning units and parts, had struck a deal to keep about 1,000 manufacturing jobs at the company’s Indianapolis plant was received with mixed reactions.

Some lauded him for sticking to his campaign promise of keeping manufacturing jobs in the U.S. and for being willing to take on big business directly. Others warn that the deal could set a dangerous precedent that may encourage other companies who are considering shipping jobs overseas to ask the Trump Administration for tax breaks or easing of regulations in exchange for keeping jobs in the country.

And still others say that the deal isn’t representative of the free market principles on which the American economy is run and that the U.S. government shouldn’t be picking winners and losers.

Do you think the Carrier deal will do more good or harm to American job growth in the long term? Do you think this is an accurate depiction of how President-elect Trump will deal with other companies that want to leave the U.S.?

Guests:

Liz Peek, financial columnist for The Fiscal Times and columnist for FoxNews.com; her op-ed is ‘Carrier deal is proof that Trump is already making America great again’; she tweets @lizpeek

Ben Casselman, senior editor and chief economics writer for the data journalism site FiveThirtyEight; his latest article for his economics column ‘In Real Terms’ is  ‘Why Trump’s Carrier Deal Isn’t the Way To Save U.S. Jobs’; he tweets @bencasselman