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Detailed text transcripts for TV channel - CNN - 20161203:12:35:00

Happen. is does that give you hope? no, it s a different situation. reporter: how so? it s impairing apples to oranges. reporter: for starters, rexnord wasn t a campaign issue. it s not a household name like carrier and it doesn t have a parent company that does billions of dollars in defense contracts. we don t have a parent company that has 10% of their revenue in federal contracts. reporter: do you think that matters? oh, yeah, it matters. reporter: do you think it matters in this case? oh, yeah, 100%. so, the question now is could donald trump was this just a one-off kind of thing or would he be save future jobs like rexnord going somewhere else. let s bring in eugene scott and lauren fox for talking points memo. eugene, we learned that trump didn t save as many jobs as he ....

Campaign Issue , Household Name , Rexnord Wasnt A , Parent Company , Defense Contracts , Donald Trump , Trump Didn T , Eugene Scott , Save 800 , Lauren Fox , Talking Points Memo ,

Detailed text transcripts for TV channel - CNN - 20161203:12:37:00

Announced $7 million in tax breaks is a huge insensitive. that s also tax revenue not going to the state. tax revenue that s not going into building infrastructure in the state. i think that is certainly a concern. is this going to be used as a tactic by companies in every state across america in order to sort of, you know, stop them from move ago broad? and sort of what is the unintended consequence of that. obviously, this isn t something that can be replicated every time. eugene, you got trump who tweets and he mentioned rexnord specifically by name. he s sort of saying i got you guys under my radar here. if you re the ceo and you re thinking of moving, does that worry you. are you now saying i ll rethink this? well, i think if you re the ceo, you re open to conversations with donald trump to see what would happen that would encourage you to stay. i think it s really important, though, to lauren s point that ....

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Detailed text transcripts for TV channel - CNN - 20161203:02:53:00

Wouldn t have to go through it again. reporter: carrier had planned to phase its shutdown over three years. rexnord workers have six months. now they watch president-elect trump come to town and save carrier. and they re happy. we don t know the details yet. isn t there a part that says, what about me? sure, you bet there is. there s a part that says, what about me? reporter: he s married with six kids. they ve already started cutting back. he thinks about all he missed working those 12-hour shifts to provide what he calls his nice middle-class home. it s not anything to brag about, but it s nice enough for us. reporter: he started a college fund for his daughters, put money into retirement, bought his wife their first new car. the first payment was due the friday they announced. he s glad about carrier, especially because he never thought it could happen. give you hope? no. it s a different situation. ....

Donald Trump , President Elect , Indiana Manufacturing Company , He Hasn T , College Fund ,

Detailed text transcripts for TV channel - CNN - 20161201:17:07:00

Celebrate. that being said, they said they got government incentincentives. it s exactly what he said he would not do. we ve seen this with a lot of promises. so we re not quite sure where donald trump stands on a lot of things. we don t know the details but does it matter if there s incentives if it got done? if it s something that perhaps can get done in other cases? well, where s the limit? how many times can this get done? like, we saw in indiana, people down the street are saying, can it happen to us? donald trump can t fix every company. it has to be in congress. it has to be, you know, change of policy. and we are looking at maps now of all of the plants that are closing in indiana. you heard suzanne malveaux interview someone from rexnord, just down the street, hundreds of jobs. you re seeing this is pretty widespread not just across this state but other states as well. there s a newspaper in china ran a commentary today. it was headlined, china would benefit from trump ....

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Detailed text transcripts for TV channel - CNN - 20161201:00:18:00

Appreciate it. fulfilled that promise. reporter: he thought the deal was a terrific opportunity. the president elect and the vice president picked up the phone and called the ceo of united technologies and told him we wanted to keep jobs here. i can t remember the last time a president did that. team trump crediting vice president elect mike pence who s the current governor of indiana for helping persuade care dwroer stay. the government was heavily involved in terms of making sure there was a package of proposals to incentivize him to say. what s not clear yet are the terms of the deal. on the campaign trail trump called for imposing a tariff on imported goods outside the country. when you sell your air conditioners you are going to pay a 35% tax as those cross the border. and do you know what s going to happen? they are not going to move. now employees at a neighboring plant rexnord are ....

Vice President , United Technologies , Elect Donald Trump , Mike Pence , Team Trump Crediting , Care Dwroer Stay , Campaign Trail Trump , Air Conditioners ,