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The Water Cooler
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Watch Carrier tell 1,400 Indianpolis employees their jobs are being sent to Mexico
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<blockquote data-quote="p238shooter" data-source="post: 2847738" data-attributes="member: 24583"><p>Again, in my opinion, the company bottom line is the reason they and others have moved. Why did they have to make that decision? I do not think Shareholders care if the product sold is manufactured by union or non-union workers, or where the manufacturing is located, as long as there is a profit to increase stock prices. Consumers are the same looking for value or have no choice. Try to purchase a TV made in USA by all those nasty product manufactures that could not reach EPA standards. I do not intentionally invest in companies to intentionally loose money, how about you? </p><p></p><p>Differences in wages is only one part, but I believe USA taxes and regulations are the biggest part. If you own a business, it seems no part of the many agencies of government is your friend to help you survive, squeezing as much as they can from every direction does significantly affect your bottom line, increasingly close to the point of no return for many businesses </p><p></p><p>Some businesses decide to take drastic actions before they become a victim like many others. </p><p></p><p>You are seeing the results of creeping socialism from both sides and every self ruling government agency, most having little or no oversight, making up their own rules, regulations, and fines as they go. </p><p></p><p>At some point something has to give. Don't like it, but it seems that is the way it is.</p></blockquote><p></p>
[QUOTE="p238shooter, post: 2847738, member: 24583"] Again, in my opinion, the company bottom line is the reason they and others have moved. Why did they have to make that decision? I do not think Shareholders care if the product sold is manufactured by union or non-union workers, or where the manufacturing is located, as long as there is a profit to increase stock prices. Consumers are the same looking for value or have no choice. Try to purchase a TV made in USA by all those nasty product manufactures that could not reach EPA standards. I do not intentionally invest in companies to intentionally loose money, how about you? Differences in wages is only one part, but I believe USA taxes and regulations are the biggest part. If you own a business, it seems no part of the many agencies of government is your friend to help you survive, squeezing as much as they can from every direction does significantly affect your bottom line, increasingly close to the point of no return for many businesses Some businesses decide to take drastic actions before they become a victim like many others. You are seeing the results of creeping socialism from both sides and every self ruling government agency, most having little or no oversight, making up their own rules, regulations, and fines as they go. At some point something has to give. Don't like it, but it seems that is the way it is. [/QUOTE]
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The Water Cooler
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Watch Carrier tell 1,400 Indianpolis employees their jobs are being sent to Mexico
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