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To: RockinRight
Perhaps they could pay a somewhat better wage and get legals to work there instead of McDonalds.

Sure they can. At least you recognize that we have full employment, and that the workers will have to be lured from some other existing job to the vacuum cleaner plant.

What's interesting is that you've decided that vacuum cleaners deserve higher wages than hamburgers.

According to a quick financial data look-see

Electrolux (ELUXY) Profit Margins % Company Industry S&P 500
Gross Margin 19.6 22.5 37.7
Pre-Tax Margin 4.2 5.0 18.9
Net Profit Margin 3.1 4.0 13.3
5Yr Gross Margin (5-Year Avg.) 23.7 24.6 37.0
5Yr PreTax Margin (5-Year Avg.) 3.7 4.3 17.5
5Yr Net Profit Margin (5-Year Avg.) 2.5 2.9 12.0

McDonalds Profit Margins % Company Industry S&P 500
Gross Margin 33.9 30.3 37.7
Pre-Tax Margin 14.8 11.6 18.9
Net Profit Margin 8.0 7.0 13.3
5Yr Gross Margin (5-Year Avg.) 31.3 29.8 37.0
5Yr PreTax Margin (5-Year Avg.) 16.3 11.8 17.5
5Yr Net Profit Margin (5-Year Avg.) 11.1 8.0 12.0

So tell me why you think Electrolux has so much elbow-room to hire away the McDonalds people? Fact is, American Consumers are willing to pay more overhead,and give higher profits for a hamburger than they will to have an American Made vacuum cleaner.

All this will do is come down to another oppty for a Chinese manufacturer to close down another American plant for good. And you won't be there to support them with your dollars, will you?

114 posted on 12/16/2007 8:57:12 AM PST by sam_paine (X .................................)
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To: sam_paine

In-N-Out doesn’t hire illegals. They are always packed.


118 posted on 12/16/2007 9:05:33 AM PST by null and void (Nully, you think of the oddest things. - sweetliberty)
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