Does that sound like a company that deserves more corporate welfare from our government? Trump's Band-Aid solution is only making the problem of wealth inequality in America even worse.
I said I would work with Trump if he was serious about the promises he made to members of the working class. But after running a campaign pledging to be tough on corporate America, Trump has hypocritically decided to do the exact opposite. He wants to treat corporate irresponsibility with kid gloves. The problem with our rigged economy is not that our policies have been too tough on corporations; it's that we haven't been tough enough.
During a campaign rally in Indiana in July 2016, Donald Trump promised, "We're not going to lose Carrier air conditioning from Indianapolis...When people and countries take our companies and take our jobs, there's going to be consequences." (The Washington Post)
We need to re-instill an ethic of corporate patriotism. We need to send a very loud and clear message to corporate America: The era of outsourcing is over. Instead of offshoring jobs, the time has come for you to start bringing good-paying jobs back to America.
If United Technologies or any other company wants to keep outsourcing decent-paying American jobs, those companies must pay an outsourcing tax equal to the amount of money it expects to save by moving factories to Mexico or other low-wage countries. They should not receive federal contracts or other forms of corporate welfare. They must pay back all of the tax breaks and other corporate welfare they have received from the federal government. And they must not be allowed to reward their executives with stock options, bonuses or golden parachutes for outsourcing jobs to low-wage countries. I will soon be introducing the Outsourcing Prevention Act, which will address exactly that.
If Donald Trump won't stand up for America's working class, we must.
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