Trump’s Carrier Coup and a Lesson From JFK
Kennedy took on U.S. Steel and won. But economic nationalism can lead to abuse of power.
What happened with the Carrier air conditioner company and its decision to keep its Indiana factory open is a very good thing. A thousand Americans who would have lost jobs will keep them. The New York Post captured reaction when it quoted the Facebook post of an employee named Paul Roell: “Thank you, Donald Trump, for saving my job.”
The exact contours of the deal are not entirely clear, but Carrier, in its announcement, said the decision was possible “because the incoming Trump-Pence administration has emphasized to us...