capitalism
capitalism
Out of context: Reply #272
- Started
- Last post
- 1,312 Responses
- utopian3
Boeing got a record tax break from Washington state and cut jobs anyway.
A few years ago, Washington state awarded the Boeing Co. the largest corporate tax break any state had given any corporation — a massive $8.7-billion handout aimed at encouraging the aerospace industry generally, and Boeing specifically, "to maintain and grow its workforce within the state."
Unwisely, state legislators and Democratic Gov. Jay Inslee didn't make that a hard and fast requirement of the handout. So they've had to stand by powerlessly as the company has cut 12,655 jobs, or more than 15% of its Washington workforce, since that heady signing ceremony in November 2013. Layoff notices have gone out to 429 more employees in just the last few weeks.
- It's called Corporatism. Look it up!utopian
- It's not corporate greed, it's political incompetence.Morning_star
- Dems blew it here.PonyBoy
- who got the bonuses?renderedred
- It's not "dems", for fuck's sake, this is bought and paid for corporate power. It's everywhere.formed
- This is what corporations do - make more profits and cut expenses.formed
- political incompetence caused by corporate lobbying.uan
- lol—first off—I was being sarcastic. Second... if this was a Repubby run state you clowns would be all over the 'fucking republican' remarks and not...PonyBoy
- ... generalizing this as 'political incompetence' or 'paid for corpo power'. You'd be shitting on republicans along w/some #pubsgreed type accoutrements.PonyBoy
- This is proof that both sides are just as incompetent.PonyBoy
- Both are incompetent, one just happens to give handouts only to corporations and the wealthiest.formed
- Did those jobs go somewhere else? How do you just cut 12,000 jobs?freedom
- "retardation for the nayshun"fadein11
- little to do with capitalism and more politicsdeathboy
- "[...] and that's what *we're* battling [...]"mekk