Johnson Controls defended in Bloomberg

Clinton and Trump Spin Their Wheels on Auto Jobs

Presidential front-runners Hillary Clinton and Donald Trump both seem to sense that there are political points to be scored in fulminating about the auto industry. But both have swung wide of the mark in trying to capitalize on it.
For example, ever since the auto supplier Johnson Controls announced it would merge with Tyco in a tax-reducing “inversion,” Clinton has pounded the firm with a thesaurus’ worth of pejoratives, claiming it is turning its back on America after receiving a government bailout.
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