Electrolux announced yesterday that they will close 2 plants here in Iowa and send those 850 jobs to Mexico. Bad news for Mexico. It seems the illegals that have replaced the American workers these past years at these two plants will be out of jobs and will have to return to Mexico if they want to keep their jobs. I'm fairly certain that they will stay here and find another $6 an hour job, rather than return to Mexico and work for 40 cents an hour. It seems unemployment is now hitting the illegals in this country too.
i have said it before and i will say it again. one day there will be an event like WWII when we had our industry convert over to armament production big time. and we will be royally screwed, because our heavy industries and manufacturing base has left for other countries.
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MOE! LARRY! THE CHEESE!
Life Member the Elmer Fudd Hunt Club
Yep, the current misadministration is very right - they HAVE created a LOT of new jobs. Sadly, they are NOT in the US of A anymore.........
And before y'all jump on me, yes the prior administrations did their share to add to this problem too. It has been decades in the making.
In the next World War, we will have "Rosita the Riviter" making our vehices and weapon systems.
i have said it before and i will say it again. one day there will be an event like WWII when we had our industry convert over to armament production big time. and we will be royally screwed, because our heavy industries and manufacturing base has left for other countries.
Probably, but that is not the governments fault, its the unions and greedy workers. Honestly turning a screwdriver all day does not merit 40k a year in salary.
__________________ We hang the petty thieves and appoint the great ones to public office. -Aesop
Probably, but that is not the governments fault, its the unions and greedy workers. Honestly turning a screwdriver all day does not merit 40k a year in salary.
Can't be the wages. All the products manufactured in Mexico cost the same as when they were made in this country and the wages paid in Mexico are a fraction of wages paid here. The profit margin that went up, went to the CEOs most likely.
Its my fault all the jobs left this country and are elsewhere. I went cheap and made due with a cheaper pair of shoes made in china. my japanese car. a lower priced set of wrenches forged in india. what was I thinking ? Had I lost the desire for a quality U.S.A. product ? No I wanted to save money and in the end it cost my neighbor his job. But Its not just my fault it was the ceo up the street who saw it as a way to triple his profit margin . Piss on Bill and Harry he said, I know they have been with me since I opened the plant but Ill save a fortune if I cut them loose now and raid there pensions. Besides with the money I save with those cheap foreign workers I can start building a summer home. Where have are moral compass's gone? Why did I not by USA products ? We must save ourselves because it looks like thats all we have left no one else is gonna do it for us......
Its hard to buy USA when there's no MADE IN USA competition, theres just the Made in Taiwan, India, Pakistan, Mexico competition at sometimes 1/3rd the price OR LESS!! They should have outlawed sending plants overseas for cheaper labor in the very beginning.
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The great object is that every man be armed. Everyone who is able may have a gun.
—Patrick Henry
Can't be the wages. All the products manufactured in Mexico cost the same as when they were made in this country and the wages paid in Mexico are a fraction of wages paid here. The profit margin that went up, went to the CEOs most likely.
CEO's are responsible to raise profit margin and shareholder value, hes just doing his job.
__________________ We hang the petty thieves and appoint the great ones to public office. -Aesop
Can't be the wages. All the products manufactured in Mexico cost the same as when they were made in this country and the wages paid in Mexico are a fraction of wages paid here. The profit margin that went up, went to the CEOs most likely.
I believe labor constitutes about 25 to 30% of retail price...
Quote:
Originally Posted by TargetGunFan
CEO's are responsible to raise profit margin and shareholder value, hes just doing his job.
Many of the management team wish to retire as multi-millionaires....They are not free spirit risk takes, but high level employees..
No to CEO
Yes to Chief Operating Employee
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God bless and our Men and Women In Uniform. RIP Arkansas Hunter e
It kind of amazes me when the workers are blamed for jobs going away. Yep, I'm a worker, blame me for wanting to afford a life.
It's a whole structure, wages are part of it. So are salaries to managers. Cost of materials. Etc. Etc.
Bottom line - a corporation has a legal responsibility to bring a return on shareholder's investments, all other considerations aside.
Henry Ford's company was once sued by shareholders when he paid assembly line workers the sum of $5 per day - pretty good pay in those days for a screwdriver turner. Pretty good way to make the workers want to contribute. But it got Ford Motor Company sued. Go figure.
Bottom line - a corporation has a legal responsibility to bring a return on shareholder's investments, all other considerations aside.
This is the point I was making, the CEO is chosen by the shareholders who are in effect owners. They pay the CEO to make the company money and themselves money. Not to take care of workers or be kind etc. I have worked for some tyrants, I didn't like it all the time but I always understood it.
Here is the thing I think people have lost site of, if a company can move a job to mexico its because mexicans can do it. It more than likely does not require any regimen of training or long education. Simple manufacturing jobs sadly are the bottom rung of the job ladder.
I think I was wrong in blaming the worker, its not just the worker or unions they are a part of it. The other part is the oppresive business taxes paid here. If you get paid 10 bucks an hour your company is probably paying closer to the tune of 20 bucks an hour for you when you factor in SS, ADnD, other benefits. In mexico they are probably paying the works 5 bucks and hour and some corrupt government official 3000 a year to look the other way.
Consider this, you want a business to stay in the US you do to things, stop tax businesses for success, and stop allowing unions to get away with racketeering.
__________________ We hang the petty thieves and appoint the great ones to public office. -Aesop
Probably, but that is not the governments fault, its the unions and greedy workers. Honestly turning a screwdriver all day does not merit 40k a year in salary.
hell yeah, why the heck should american workers be paid a decent wage and expect a decent standard of living? if Philippinos can survive on 65c an hour our boys better damn well start being happy with 55c an hour if they want a job.
and no more of this overtime after 40 hours bull crap. you don't want to work 14 hours a day? step aside sonny, Jim over there says he'll do the job for 5 cents less and will stay for 16 hours.
welcome to the race to the bottom.
__________________ A long habit of not thinking a thing wrong gives it an appearance of being right-Thomas Paine
Probably, but that is not the governments fault, its the unions and greedy workers. Honestly turning a screwdriver all day does not merit 40k a year in salary.
ok...what about all the non-union jobs that left for the 3rd world???
not the gummints fault??? NAFTA was gummint, the Canada USA mexico trade scam is the gummint.
and our Men and Women In Uniform. RIP Arkansas Hunter e 
