Friday, November 25, 2016

History and Jawboning

An excerpt from the Politico tipsheet:

"TRUMP’S AMERICA -- @realDonaldTrump: “I am working hard, even on Thanksgiving, trying to get Carrier A.C. Company to stay in the U.S. (Indiana). MAKING PROGRESS - Will know soon!” … @Carrier: “Carrier has had discussions with the incoming administration and we look forward to working together. Nothing to announce at this time.” … @justinamash (Republican Rep. Justin Amash of Michigan, one of the staunchest libertarians in Congress): “Not the president(-elect)’s job. We live in a constitutional republic, not an autocracy. Business-specific meddling shouldn’t be normalized.”
I remember JFK and LBJ, both believed in jawboning.  JFK had a famous blowup with a steelmaker, ending with something like:  My father told me businessmen were all SOB's but I didn't believe him until now.  LBJ of course gave the Johnson treatment to everyone, not just business.  

The difference is Trump is jawboning/dealmaking? presumably to help Carrier, where JFK and LBJ were usually IIRC working to keep down inflation and settle strikes.

No comments: