Posted on 11/11/2016 12:24:27 PM PST by Freedom of Speech Wins
Buick is building cars in China now. Thanks Generous Motors.
Fer nuthin`.
If companies thin, they can leave before Trump gets in , and it own;t hurt them then they have another thing coming.
Wishful thinking....
GM and Ford and others have spent BILLIONS to build factories south of the border, labor costs which are typically 70% of expenditures in most industries are far lower in MX... You aren’t going to repatriate the jobs by simply cutting tax rates on corps... That will encourage repatriation of the earnings, but it won’t move the jobs.
You want those jobs back here, you have to make the cost of producing them in MX higher, and the only way you can do that is by adding tax into the retail cost of the product at a rate higher than the labor and regulatory cost differential.
Does anything say that a tariff has to be permanent? That it can’t be tied to agreements with US workers to accept somewhat lower pay in order to get a concession from the company to put them back to work? Don’t know for sure, just thinking about it...
I love the Cadillac CTS though.
This is exactly what will happen. Do you know the regulations that supress ingenunity, dealerships. Can you imagine a parts company online would be big business in the future.
Buick builds cars in China because the Chinese love Buicks, it’s for their domestic consumption.
I’m sure the problem is country of origin for certain components. The get bailout $ and then open plants in Brazil, China, and Mexico.
yeah, well...what we’re doing now isn’t really working either.
That's why our family has not bought a GM car for 8 years and won't ever buy one. obama played favorites.
I am totally for free trade as long as it is FAIR. If we put no tariffs or restrictions on your imports I expect the same from you for our exports if not we don’t agree to accept any part of the deal, period.
Trump has been right, America has been picked like a chicken in all of our trade deals. We need to start looking out for the countries interests as whole rather than certain corporations interests.
Manufacturing will not come back without fair trade, regulations cut dramatically, bureaucrats reined in, unions dying or dead and wages dictated by free market conditions.
Obama Motors.
Well, since its the day after the election, it clearly is Trump’s fault!!
They better hope it helps the Mexican economy enough that Mexicans can afford to buy the cars they produce because the Trump tariff will make them unaffordable and noncompetitive in this country.
Weren’t allowed to do this before the election.
This transition was known back during the last GM/UAW negotiations so it’s nothing new. The UAW has nothing to complain about this move since they could have tried to negotiate the keeping of the cars here but instead decided to settle for increased wage and benefits of the workers here.........
Is it still Government Motors?
GM has been a thoroughly corrupt organization since well before WWII. At least in recent times its been nothing more legitimate appearing front business for promoting socialist policy. Maybe finding a way to break it up, maybe all the Big 3, should be considered.
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