Monday, April 18, 2016

More Of The Same

"Now Ford is moving its engine and transmission plants to Mexico. This was decided before the presidential campaigns, although due to its timing it is more highly politicized.
“Today’s announcement…is a disappointment and very troubling,” UAW President Dennis Williams said in a statement. “For every investment in Mexico it means jobs that could have and should have been available right here in the USA.”
"The bottom line is the bottom line. Ford wants to make more profitable and affordable cars. Who can make that happen? UAW employees averaging about $60/hour in wages and benefits? Or Mexican employees averaging at about $8/hour? UAW President must be struggling with the math a little. It’s not job for job.
"It’s one thing to read about companies leaving the US. It’s another when companies KEEP leaving the US. People can point and scream at those corporations, calling them unpatriotic, but at the end of the day the United States has proven to be inhospitable to businesses. For that matter, given the growing rate of expatriation and citizenship renunciation year over year, it would appear that the United States is likewise proving to be inhospitable to the individual."
Article here:  http://www.globalwealthprotection.com/more-of-the-same/



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