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Factories open, and close. The media typically reports the closings, and under reports job creation by small, and large business alike. These are probably old, obsolete factories, and any production will probably go to the South. Just more examples of Unions killing themselves, and companies doing what they are supposed to do. Try to make money for their stockholders.
The lack of knowledge of business, finance, and economics by the Left never ceases to amaze me.
Ah, so I'm sure you were saying the same when Trump was pushing the 400 jobs he "saved" for Carrier as if it was a world-changing event! Turned out Carrier actually lost jobs in the end (in total), but never mind - I'm sure you were happy to see all those Press Releases and rallies.
But then, two years into his term, the loss of 15,000 GOOD jobs (paying many times what Carrier did) - that means nothing, right?
I know Obama was coming. He can share the blame on the economy, but can't be given any credit for it either.
What does your comment have to do with my post?
Obama pushed GM into a special bankruptcy where they could avoid significant structural changes - including to some inefficient union policies. Even the CEO said this was a mistake.
Throwing a mountain of money at an insolvency and inefficiency problem without making significant changes is what a fool does or what someone does to do political favors as a short term fix.
Yup -- especially with the auto industry pointing to trade wars/tariffs as part of their problems.
The auto industry is changing....rapidly Sedans are going away and that along with raising interest rates (according to several experts) are two of the main reasons for the rif (reduction in force).
This is the inverse of how things actually function. You need to refine manufacturing and develop better ideas/products in order for manufacturing to be strong.
And this thread has left me scratching my head overall. The US is not a growing market in comparison to many other parts of the world. We are closing ourselves off from growth in order to see minor increases in a more stagnant market. Add to it that the greatest profitability/job safety would be in producing products that can be sold in multiple markets.
We already have an auto market that skews heavily towards a type of vehicle (large trucks and SUVs) that are not desirable in significant quantities in most other parts of the world. If you want irony- Ford was able to bring back the Ranger small truck because it was already being produced for other markets.
And for the 800th time- automation and streamlined manufacturing practices are real things. They exist. They would have peeled off the majority of jobs over the last several decades regardless of where those jobs occur.
And the idea that MAGA includes folks moving form Michigan or Ohio to the sunbelt to chase manufacturing jobs is a joke. Those folks wanted the return of high playing, low threshold, long-term jobs in the communities where they already reside. That was the whole allure...
Exactly. With countries like France and Spain , and provinces like British Columbia blathering that they will be ending ICE vehicles sales by 2040, there is a wide open market ... potentially... for something that no one is really interested in at the moment. Seems like a huge gamble.
jobs are coming back, to include manufacturing jobs
we should not have bailed-out failed companies
Which manufacturing jobs, Foxxconn, Mercedes, BMW. How about coal country.
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