Originally posted by: vi_edit
given my assumptions, your ideas of outsourcing, hyundai putting up manufacturing facilities in the US etc are all bad things.
Why is this a bad thing? It provides thousands of US citizens with jobs and provides them with an income that largely is spent in the US.
All of these factory workers have to buy or rent homes. They have to buy groceries. They go out to eat at local restaurants. They buy clothes at local retailers. They buy gas from local gas stations. Ect.
I'm still missing the logical hurdle on WHY Honda, Toyota, Nissan, ect building factories in the US are bad things. The way I see it, doing this puts more money into the hands of middle class people than GM or Ford does when they move factories to Canada or Mexico.
I understand the concept of money "Staying in the US" if the profits of the car go back to a company that resides in the US. But really, the only people really profiting there are execs and maybe shareholders. You aren't doing anything to help the average middle class worker or the local economies that these people dump their money into.
When Nissan comes in and builds a plant in Mississippi, you just provided fairly decent paying jobs to several thousand people. These people then turn around and spend that moeny in their local economies.
Isn't that the lesser of two evils? Isn't that worth the price having a couple hunded or at most a couple thousand bucks float back to Nissan HQ in Japan? Plus you still have to pay a US citizen to drive a truck to deliver it to dealerships. And then there are the dealerships and the US salespeople that money. And there's the service departments that are making money.
I just fail to see how this is such a devistating problem?
But then Economics was never one of my strong points.