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Ford was the first US auto maker to establish an assembly plant offshore. That was in the UK, nearly 100 years ago.
That Jeeps will be assembled in Brazil, Italy, India and ChIna allows the product to avoid a tariff that would otherwise be imposed if made elsewhere and imported as well as the overseas shipping costs. Thus Jeep can position their product competitively.
It's the same strategy used by European and Japanese automakers for products to be sold in the US market.
Volvo is the latest to do so. States competed for the opportunity to create 2000 jobs, maybe 4000 long term. Volvo chose South Carolina. That it's a Right to Work state, with a history of the fewest union shops, relatively lower wages and tax abatements and new hwy exits combined to create an unbestable offer.
I suspect many in Sweden are none too pleased with this.
Location: New Albany, Indiana (Greater Louisville)
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The Trump / Ford story seemed over the top but this Carrier story seems to have too much smoke to have no fire. I suspect Trump said he would be decrease their tax burden if they stay but slap a tariff on their products if they moved the entire factory to Mexico. If keeping jobs are really that easy where has Dubya and Obama been the past 16 years???
Yes, those who champion moving jobs to lower wage countries are not going to like this.
If this was really the case, why was our country and it's middle class in much better shape before Globalism, or protectionism as people are calling it ?
Last edited by Ibginnie; 12-01-2016 at 08:42 PM..
Reason: copyright violation
Obama failed to take action to save these jobs. He is a lazy president.
Hillary would have congratulated Carrier for leaving. She holds American workers with contempt.
Thankfully Trump was elected.
You guys constantly talk outta both sides of your mouths.
First you say that the government needs to get off the back of businesses, and that folks are in business to make profits and enrich the shareholders.
But on the other side of your mouths, you want Obama to step in and take action to keep businesses here. Yet, if he'd done so, you would've said "there he goes again getting in the way of a private business when government has other business to attend to."
And this is why I can't take you conservatives seriously. You guys don't know what the hell you want. And I mean that in the worst way. You guys are flighty.
If this was really the case, why was our country and it's middle class in much better shape before Globalism, or protectionism as people are calling it ?
I don't think you understood the context of my reply.
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