Tea party standard-bearer Sarah Palin, under consideration to join Donald Trump’s cabinet, has just blasted the tax deal the president-elect negotiated with Carrier, condemning it as “crony capitalism.”
Trump and Vice President-elect Mike Pence helped arrange $7 million in Indiana tax breaks over 10 years for Carrier in exchange for the company’s promise to keep about 800 of 1,400 jobs in the U.S. instead of moving them to Mexico. In addition, Trump threatened to impose a stiff tariff on Carrier products if they sent all of the work across the border.
“Republicans oppose this, remember?” Palin wrote in an op-ed Friday on the Young Conservatives website. “Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.
“A business must have freedom to locate where it wishes,” the piece continued. “In a free market, if a business makes a mistake (including a marketing mistake that perhaps Carrier executives made), threatening to move elsewhere claiming efficiency’s sake, then the market’s invisible hand punishes. Thankfully, that same hand rewards, based on good business decisions.”
She warned that “picking and choosing” which company darlings receive “corporate welfare” is a “hallmark of corruption” and “socialism.”
she didn't lie though.
