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NAFTA originated in June 1990 between President George Bush, president of the United States, and
Carlos Salinas, president of Mexico.
NAFTA opponents – included labor, environmental, consumer and religious groups – argued that NAFTA would launch a race-to-the-bottom in wages, destroy hundreds of thousands of good U.S. jobs, undermine democratic control of domestic policy-making and threaten health, environmental and food safety standards.
NAFTA promoters – including many of the world's largest corporations and the US Chamber of Commerce – promised it would create hundreds of thousands of new high-wage U.S. jobs, raise living standards in the U.S., Mexico and Canada, improve environmental conditions and transform Mexico from a poor developing country into a booming new market for U.S. exports.
There is plenty of blame to go around, but without the support of congress, it would have never happened. And that is where the majority of the blame needs to go.
Ross Perot gave them a run for their money that both the DNC and GOP who equally control the presidential debate committee: really tied down on the debate rules to keep independents from being involved.
Now we have politicians wanting to increase the H1 visas and The TPP act and people are still blind to it?
These political DNC and GOP cheerleaders have ruined this country.
RP ? Possibly, but EDS was ahead of the outsourcing curve. If he was born 25 years later, who's to say that Ross wouldn't have just off-shored IT to make his money - after all, greedy bastards don't care how they make their money (if indeed he was a greedy bastard).
It's on Congress and the double-sided coin that is the Repulican/Democratic parties to build sustainable jobs in the USA through corporate R&D, corp. development/subsidies to keep good jobs in the good ole USA and not overseas. All they have done is through FTAs is incentivize corporate profits (not jobs). Competition works well when it's a level playing field but when is it ever a level playing field ? What we are living is the results of that policy.
You will get no argument from me there.
The Government has bent over backwards to prop up the Stock Market at Main Street Expense.
It used to be the argument that we need Wall Street to fuel Main Street. Fine.
Well, it has been turned around via vulture capitalism and government to tear down Main Street to keep Wall Street propped up at all costs.
And it is on Wall Street where the top .5% have made their wealth so no surprise there.
The Country no longer matters to the top oligarch.
It is just a vassal to extract wealth from
Nope. A quarter of the workforce were tier 2 employees making $14 an hour.
Try again.
Quote:
Originally Posted by Quick Enough
" Meanwhile, Germany finds a way to keep their high paying manufacturing work"
Do you mean like the Mercedes and BMW plants in the U.S.
And this:
"New generation of German SUVs made in USA
With today's third generation of the ML, you'd be hard-pressed to tell that it was built anywhere but in Germany. In fact, if you buy one of these anywhere in the world, including in Germany, it was built at the Alabama plant.
Yes, Mercedes-Benz exports cars from the United States so does BMW. In the world economy, auto companies have found it easy and cost effective to set up shop anywhere in the world."
Yep, but I guarantee you that they won't close any plants in Japan in order to do it.
I can't think of a single German manufacturer that closed a domestic plant in order to move that production elsewhere. They only expand manufacturing to other nations.
Other nations are economic patriots. We aren't.
Opel closed it's plant in Bochum, was moved to Poland. But Opel is owned by GM, so no surprise
But it's correct that a German manufaturer wouldn't close a domestic plant.
Here in Düsseldorf we have a Daimler plant with about 6,500 employees. They produce the Mercedes Benz Sprinter (van). The plant could lose one of three shifts. Because the U.S. is the second most important market for this van. But the U.S. has absurd high tariffs on such vans. At the moment they produce the vans for the American market completely in Düsseldorf. After the vans are finished, they get dismantled in components, packed in crates and exported to the U.S. The vans get reassembled in Charleston SC. They do it this way, because U.S. tariffs for car parts are much lower than for completely assembled vans. The U.S. seems in many fields still isolated by tariffs.
Daimler will build a plant in Charleston with about 1,300 employees for producing the Sprinter for the North American market. That's probably bad for Düsseldorf, because the plant could lose a shift. But on the other side I often think it's absurd to transport every good around the world instead of producing it more locally. So far the employment in the plant in Düsseldorf is secured at least until 2020.
What's the difference? A job not created is a future job lost. If all new jobs, i.e. "future" plants go to other countries, where is the new workforce going to get employed?
That's at least for Germany and Japan not a problem, because of the ageing population. There will not be enough employees to remain the employment in manufacturing.
Apple’s $649 iPhone 6 Reportedly Costs $200 to Make
That is 200 dollars including labor and they sell it back to Americans and the shareholders and execs make big bank. A glance at Apple Stocks since they moved to China shows all there is to see.
With Carrier, they will charge the same price, sell us low quality crap, and the shareholders and execs will make bigger bucks.
They made profits, but more is always better when you can sell out your country
Here's United Technologies financials for 2014 for Carrier. I suppose this is the most recent report available.
7% year-over-year increase in profits of $2.8 Billion for $16.8 Billions in net sales for their "UTC Climate, Controls & Security" division. See page 19 of that report for more information.
I guess that's just not enough profit and growth for Wall Street.
Those profits are consolidated across different companies within sector. No telling what percentage was attributable to the Carrier brand. Also and obviously they don't make mention of their most profitable markets or where the stuff is manufactured. We do know that 52 of their 80 facilities are offshore.
Mexico: def time to impose some taxes on their stuff being imported to the US. They need us a whole lot more than we need Mexico. Too; while we're at it, return their citizens here illegally, by force if needed.
Let's play with this.
Tear up NAFTA.
Impose high tariffs on all imports from Mexico which become bilateral.
Mexico is the US' 2nd largest goods export market which accounted for $ $226 billion in 2013 up 132% from 2003. With high tariffs, Mexico will rely on importing from other countries that maintain bilateral free trade agreements, like say Canads. Mexico is the US' 2nd largest goods export market which accounted for $226 billion in 2013.
In the scenario you have imagined, US businesses no longer are able to sell their $226 billion in goods to Mexico due to tariffs. How many US jobs will be eliminated because of this?
Mexico shrugs. They have the most bilateral free trade agreement with the rest of the world.
Pay attention to posts from MIRCEA on this topic. Instead of focusing on jobs lost from free trade agreements, pay attention to the number of jobs saved by such agreements.
How many health insurance companies allowed you to nitpick what you want in you policy. Honestly, I never heard of insurance like that.
Union jobs are covered by large group healthcare plans. Employees typically have a choice of plans. Employees within the same plan pay the same employee share of premium, regardless of age or sex or pre- existing condition. works out well given the employer picks up the lion's share of the premium.
In many cases these plans extend through retirement.
"Close their doors" gmab. This company has continued to gain, not lose. They were in no threat of needing to "close their doors".
I was referring to Carrier's parent company that became a multinational powerhouse through mergers and acquisistions. Guess you did not realize that Carrier operates plants all over the world. The Monterey plant has been around for 25-30 years.
This was a dumb move on the part of the company. You've just demoralized 1,400 employees as well as businesses in the area communities and you've given them at least a year to figure out ways to get even. What's the employees' motivation to continue to do quality work? What's the motivation for area businesses to continue to conduct business with the company's factory and distribution center you plan on shutting down. Be prepared for shoddy workmanship, employee theft, destruction of company property, and possibly revenge attacks on upper management (vandalism of their vehicles, homes, and possibly physical attacks). Add to that the negative publicity of not only the announcement, but also the release of this video and what it could do to their product and service sales.
This is not the first or last company to close a US plant.
This is not the first US plant they have closed.
You bring in extra security and beef up quality control for starters.
Employee revenge has consequences. Why would an employee withan expiration date take action that seriously jeopardizes their retention and severance packages and unemployment compensation?
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