Remember When Trump Said He Saved 1,100 Jobs at a Carrier Plant?

Well, globalization doesn’t give a damn.
The union hall for Steelworkers Local 1999.

The union hall for Steelworkers Local 1999.

Photographer: Whitten Sabbatini/The New York Times/Redux

One week before the November election, Gregory Hayes, chairman and chief executive officer of United Technologies Corp., addressed a breakfast audience at the Council on Foreign Relations in New York City. Decrying what he called “political rhetoric” being spouted by a certain presidential candidate, Hayes made an impassioned case for global trade.

“There’s a lot of misinformation out there, and in some cases a detachment from reality,” he said in his radio-ready baritone. Blaming trade for the loss of U.S. manufacturing jobs is “absolutely wrong,” Hayes said, adding, “an isolationist approach will not—I repeat, not—create growth or jobs, nor will it make any country great.”