Watch Corporate America Turn A Room Full Of Workers Into Bernie Sanders And Donald Trump Supporters
Establishment politicians still don't understand.
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The past few years have been very
good for United Technologies. The contractor does billions of dollars a
year in business with the federal government. CEO Gregory Hayes pulled down nearly $10 million in 2014, and over $20 million the year before. On Thursday, the company reported $7.6 billion in profits,
up from $6.2 billion the year before, and $5.7 billion the year before
that. In October, United Technologies even expanded its stock buyback
program to $12 billion.
Spending the company's money to purchase its own stock elevates the
value of its share prices. United Technologies was so flush with cash
that it could burn money to boost returns for its investors.
Surely this largesse would trickle down to its rank-and-file employees, right?
Not exactly.
On Wednesday, Carrier, the air conditioner manufacturing wing of United Technologies, told workers at its Indianapolis plant that it would be outsourcing their jobs to Monterrey, Mexico.
"Throughout the transition, we must remain committed to manufacturing the same high-quality products," an executive can be heard insisting in a video of the announcement.
"Yeah, fuck you!" a member of the crowd responds.
"Please quiet down," the official says. "This was an extremely difficult decision."
"Was it?!"
Watch the reaction in the video below.
The United Technologies official delivering the bad news explicitly tells workers that they are not being laid off due to any failure on the job or lack of productivity. It's just business.
American politics has been just business since the late 1970s. In that time, middle class wages have declined and the wealth of the top 1 percent has exploded. There are plenty of Americans -- Republican and Democrat alike -- who are angry about that. It isn't a white working-class problem. It's a working-class problem. The video shows men and women, black and white, receiving the bad news. It was first posted to Facebook by Carrier worker LaKeisha Austin, who is originally from Flint, Michigan. The man on stage delivering the news is white.
http://www.huffingtonpost.com/entry/why-people-really-support-trump-and-sanders_us_56be3c46e4b0b40245c6a159
Surely this largesse would trickle down to its rank-and-file employees, right?
Not exactly.
On Wednesday, Carrier, the air conditioner manufacturing wing of United Technologies, told workers at its Indianapolis plant that it would be outsourcing their jobs to Monterrey, Mexico.
"Throughout the transition, we must remain committed to manufacturing the same high-quality products," an executive can be heard insisting in a video of the announcement.
"Yeah, fuck you!" a member of the crowd responds.
"Please quiet down," the official says. "This was an extremely difficult decision."
"Was it?!"
Watch the reaction in the video below.
The United Technologies official delivering the bad news explicitly tells workers that they are not being laid off due to any failure on the job or lack of productivity. It's just business.
American politics has been just business since the late 1970s. In that time, middle class wages have declined and the wealth of the top 1 percent has exploded. There are plenty of Americans -- Republican and Democrat alike -- who are angry about that. It isn't a white working-class problem. It's a working-class problem. The video shows men and women, black and white, receiving the bad news. It was first posted to Facebook by Carrier worker LaKeisha Austin, who is originally from Flint, Michigan. The man on stage delivering the news is white.
http://www.huffingtonpost.com/entry/why-people-really-support-trump-and-sanders_us_56be3c46e4b0b40245c6a159
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