Bignate603
Lifer
- Sep 5, 2000
- 13,897
- 1
- 0
Originally posted by: ElFenix
Originally posted by: Pandaren
Corporate profits ultimately go to the shareholders in the form of dividends. The shareholders could be anywhere in the world, regardless of the corporation's origin. If Ford was profitable and paying a dividend, and there were shareholders in France, some of Ford's profits would go to France. If Toyota has shareholders in the US, Americans will get any dividend Toyota pays.
Besides, foreign brand cars are often made in the US, and US brand cars are often made abroad, typically in Mexico or Canada. Platforms, parts, everything is global these days.
More important to look at the VIN number to see country of origin. To support American auto workers, buy a car made in the US, not just with an American badge.
so i guess $100,000 a year engineering jobs just aren't as important as $16 an hour factory jobs?
not to mention that the vast majority of US car company shareholders are probably in the US.
Yup, people always focus on the factory workers for the automakers but I would think the majority of employees don't actually work directly in manufacturing. Accounting, engineering, marketing, market research, and other groups all are HUGE. While foreign makers have a token presence for many of those divisions here they keep most of that work in their home countries.
