Not Ranked
Brent,
CS is small potatoes as compared to massive layoffs we are talking about.
If CS can build overseas, the components and entire cars and keep their business going and keep their employees employed, it would probably be OK as compared to shutting the doors down and laying off everyone.
Unfortunately the companies that are suspect are the big ones who decide they can add to the bottom line by moving overseas.
If the result is, employees who used to work there who can no longer buy the products they once made (however cheaper) it is NOT a good thing.
I'll put it in terms you can understand as it relates to your industry.
If GM could build all their cars in Mexico, because labor is less costly, environmental issues are not a concern, business climate is good.....
How many cars do you think they would be selling in Detroit, and to WHOM?
Sadly enough I too buy foreign goods, sometimes NOT because they are cheaper or better, I buy them because that is all that is available.
If EVERY company did that, from produce grown in Mexico to goods manufactured in the Orient, what are Americans supposed to do? How do they remain as consumers of these goods if they are NOT working.
What applies to US versus Overseas, is happening right here under our own noses in a smaller scale. Many California businesses have left California, and moved to Nevada. Reno is now the distribution center for a lot of goods and major companies who serve California.
California made damn sure that they are better of doing business there. The companies did what they had to do. They went there.
Now California no longer has those jobs, and lost the revenue from such businesses.
It seems benign, and sound business when done in a small scale. It benefits the company and their consumers. When done in a large scale, it is devastating.
If EVERY company moved to Reno and Las Vegas for cheap labor, and better business climate, and all we were left with were people out of job with still the same needs as before, schools, emergency services, roads, social services, our deficit would not be 35 Billion, it would have to be 35 zillion.
TURK
The Economist
__________________
OBAMA IN in 2012
|