This NYT editorial contains some vital points about the dangers of crony capitalism to be found in Donald Trump’s approach to economics. Shrewd corporations can gain political advantage by presenting job decisions as responsive to Trump’s “keep jobs in America” rhetoric, which can then allow them cover for more substantial moves that actually threaten far more jobs than were saved, not to mention stiff consumers. We saw a similar cronyism in the Carrier deal, which saves far less jobs than advertised, was made possible by the expenditure of Indiana taxpayer dollars, and which should be viewed through the lense of the parent company, United Technologies, wanting to curry favor with Trump in order to preserve its business with the federal government.