Yahoo! Finance writer Rick Newman writes about the Trump Carrier deal:

Overall, roughly 1,000 Indianans will end up keeping jobs they otherwise would have lost.

And the front-page image similar claims:

smartphone-saves-1000-jobs

Of course, this analysis, if you can call it that, fails to consider that some or many jobs might be lost. There are, after all, tax incentives to pay for this. That means that spending must be cut or taxes must be raised. Either of those eventualities may lead to jobs being lost. Likely, if some jobs are lost as a result, at least some of those will be in Indiana, so Rick’s claim, slightly more nuanced than the claim of the headline image, is likely incorrect, too.

-JD Cross

 

Advertisements