GM/China Motors?

Mark Yacavone · 05-22-2012, 09:42 PM

What's wrong with this picture,..or actually, what's right?..
I'm sure Eddie will tell us...
I hope this one doesn't cross the line...but it appears to be a bi-partisan screw job..

Eddies66 · 05-22-2012, 10:09 PM

Quote:

Originally Posted by Mark Yacavone

What's wrong with this picture,..or actually, what's right?..
I'm sure Eddie will tell us...
I hope this one doesn't cross the line...but it appears to be a bi-partisan screw job..

I lost my GE job to the Chinese along time ago, this is way businesses do business. You are going to tell me that if you were close to retirement age you wouldn't sell your business to the highest bidder and not care who it is?

Dick Butler · 05-22-2012, 10:45 PM

Sad but there is a piece of the puzzle which includes people in foreign countries earning a salary to buy products from us but....If a business is well run it tries to compete by "using ALL the tricks," using all the tax loop holes, etc. Now we need to open up the tax rules HERE to suck the factories back into the country. And the government wonders why we are failing in manufacturing today.

Eddies66 · 05-22-2012, 11:11 PM

Quote:

Originally Posted by Dick Butler

Sad but there is a piece of the puzzle which includes people in foreign countries earning a salary to buy products from us but....If a business is well run it tries to compete by "using ALL the tricks," using all the tax loop holes, etc. Now we need to open up the tax rules HERE to suck the factories back into the country. And the government wonders why we are failing in manufacturing today.

I wonder what the cost of labor is to build a GM car that makes the stockholder see $$$. When I worked at GE our cost of labor was $70 per hour, Scotland was $45 and Brasil was $25. As a stockholder that charges your customer $90 per hour regardless, where would you rebuild jet engine, they all meet FAA requirements and are ISO 9000 certified. China's cost of labor is probably south of $5 per hour. I don't care tax breaks you give these companies, it just isn't enough to bring them back.

Mike Fuller · 05-24-2012, 07:43 AM

This is a sidebar to this topic. I wonder what the reason for this is?

http://patriotupdate.com/22820/commu...ity-in-america

05-22-2012, 09:42 PM	#1
Mark Yacavone Veteran Member Join Date: Mar 2002 Location: Miles From Nowhere Posts: 7,792 Likes: 2,884 Liked 5,083 Times in 1,937 Posts	GM/China Motors? What's wrong with this picture,..or actually, what's right?.. I'm sure Eddie will tell us... I hope this one doesn't cross the line...but it appears to be a bi-partisan screw job.. __________________ "We are lucky we don't get as much Government as we pay for." Will Rogers

05-22-2012, 10:45 PM	#3
Dick Butler VIP Member Join Date: Oct 2002 Location: Richmond Indiana Posts: 1,196 Likes: 5 Liked 32 Times in 19 Posts	Re: GM/China Motors? Sad but there is a piece of the puzzle which includes people in foreign countries earning a salary to buy products from us but....If a business is well run it tries to compete by "using ALL the tricks," using all the tax loop holes, etc. Now we need to open up the tax rules HERE to suck the factories back into the country. And the government wonders why we are failing in manufacturing today.

05-24-2012, 07:43 AM	#5
Mike Fuller Senior Member Join Date: Jun 2007 Posts: 945 Likes: 542 Liked 188 Times in 75 Posts	Re: GM/China Motors? This is a sidebar to this topic. I wonder what the reason for this is? http://patriotupdate.com/22820/commu...ity-in-america __________________ Mike Fuller 396 STK