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Reply #34: Daveparts - EXCELLENT summary of the importance of manufacturing . . . [View All]

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Celtic Merlin Donating Member (377 posts) Send PM | Profile | Ignore Fri May-28-10 12:39 AM
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34. Daveparts - EXCELLENT summary of the importance of manufacturing . . .
. . . to a healthy and growing economy and the consequences of exporting American jobs overseas.

My favorite example is the Levi-Strauss Corporation, which closed all of its North American jeans manufacturing plants (including two in Canada) and shipped the jobs to the Pacific rim and elsewhere. The EXECUTIVES kept their jobs in the San Francisco headquarters and were paid bonuses for all of the extra profits their move made for the company. The price of their jeans actually went up after the move (to cover the costs associated with closing their plants here and opening new ones there) and this is on top of the corporate tax deductions they received for these same expenses. Overall, the US made it a very profitable move for them.

None of this BULLSHIT will end until we have public campaign finance. Once we chase the corporations out of our legislators' offices and deny them the power to buy our representatives with campaign dollars, we'll get our country back. For only THEN will these elected officials HAVE to respond to the needs of We, The People.

Until then, we're facked.

Celtic Merlin
Carlinist
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