We’ve come full circle: The Co. of the man who paid his employees more so that they could better afford the product he was selling...is moving out of the country to avoid paying wages.
Game, match, set.
Mark Levin says that nobody is losing their jobs over this because they are going to be building other things there. For how long I ask. For how long?
His hatred for Trump blinds hm to the realization that it cold have meant 2800 additional jobs for Americans out of work. He has lost his friggin mind!
A lot of the blame should lie on the new CEO, Mark Fields who, also, says Trump is wrong about jobs. I’ve noticed Ford hasn’t been doing so well since he took the reigns.
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Yep nothing new about that. In the history of mankind it's always been about finding
ways for more efficient production. And that generally means some are losing jobs.
Automation better equipment, new techniques, etc have always changed the way people
have lived over the millenniums. Adaption is the key to prosperity. JMO.
I think the Ford move is driven by a whole lot more than a desire to avoid paying wages.
I don't think so, just excessive taxes forcing low wages and more.
The key here is that they're moving the production of the Ford Focus in particular to Mexico, because that's their compact car model. What's happened is that fuel efficiency and safety standards have added so much to the cost of a car that Ford can't sell the Focus at a competitive price -- and by "competitive" I don't mean competitive with other automakers, I mean competitive with other Ford models.
When you take a $16,000-$20,000 car and add all of the mandated features to it, it becomes a $20,000-$25,000 car. As a result, many customers who would have been in the market for a compact car like the Focus end up paying a few thousand dollars more for a mid-sized Fusion. The end result is that Ford can't sell enough units of the Focus to keep their average fleet efficiency above the level mandated by the EPA, unless they're willing to sell them at a loss.
Ford is moving the Focus production to Mexico because it's the only way they can make them dirt-cheap enough to set the pricing at the compact car level here in the U.S.
Go figure.
I don't know who started that, it probably involved a union somewhere...wages were raised because effective turnover in the workforce was approaching 100%. It had the desired effect of cutting turnover, so it came pretty close to being a wash, cost wise.
Paying people more so they can afford your product is economic suicide.
Let’s not forget the tens of thousands of “immigrants “ being brought here for opportunities to have a better life -— on OUR dime, while the jobs are sent to foreign countries! Ironic, isn’t it? Cloward-Piven, driven to destroy!