While this IS a issue for manufacturing states…
The truth is…. American’s will buy the cheaper priced product , with NO regard for where it’s made…That IS what keeps companies in business….
The NY Times does a piece on the Carrier companies decision to move some of it’s jobs to Mexico, whose economy IS doing better as American business is moved south of the border for profit making reasons…..
Something Donald Trump says he COULD stop….
Despite Trump’s calls on this it has been shown that his companies have been active in IMPORTING over 1,000 foreign workers to work in HIS companies here, which would displace American workers…
But when it comes to Carrier, “we’ve all worked our butts off,” he said. “And now they’re going to throw us under the bus? If Trump will kick Carrier’s ass, then I’ll vote for him.”
That’s pretty much what Mr. Trump has threatened to do. At rally after rally, to rapturous crowds, he vows to impose a 35 percent tax on Carrier products from Mexico. Then, the laugh line: “I want to do this myself, but it is so unpresidential to call up Carrier.”
And Mr. Trump vows not to take Carrier’s calls until it agrees to change course. “As sure as you’re here, they will call me up within 24 hours,” he promises, and say to him, “‘Sir, we’ve decided to stay in the United States.’”
It is powerful talk.
The relentless loss of American manufacturing jobs, however, goes back nearly half a century, driven largely by forces beyond the control of any president. The advances of technology, the diffusion of industrial expertise around the world, the availability of cheap labor and the rise of China as a manufacturing powerhouse would have disrupted the nation’s industrial heartland even without new trade deals.
Nor are tariffs likely to bring many of these jobs back, said David Autor, a professor of economics at M.I.T., who is one of the country’s foremost specialists on the pluses and minuses of free trade. “We don’t have silver bullets,” he said.
“When I learned about the impact of trade agreements, the theory was that workers would be ‘released’ into the labor market and hired back at slightly lower salaries,” Mr. Autor said. “That’s not what happened. And no amount of cheaper air-conditioners will make these workers whole.”…..
Note…
The piece points out in Mexico ….
Workers will get paid a day what American workers get paid in an hour…..
Share on Facebook