Biden's lie about insulin price cap

Eddies66 · 06-29-2024, 02:53 PM

Quote:

Originally Posted by Billy Nees

Hey guys, can we just cut the Veterans stuff out please? Eddie, Randy, we know that you both served. Thank You both.

Billy, I am good, Randy never served. Semper fi!

SStockDart · 06-29-2024, 03:58 PM

Not good news for my friends in Iowa.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
Over 600 production staff at plants in Illinois and Iowa are being let go this summer.
Union jobs going to Mexico.

Jeff Niceswanger · 06-29-2024, 04:50 PM

Quote:

Originally Posted by SStockDart

Not good news for my friends in Iowa.
John Deere announces mass layoffs in Midwest amid production shift to Mexico
Over 600 production staff at plants in Illinois and Iowa are being let go this summer.
Union jobs going to Mexico.

Hi Gary. I did find the move to Mexico is only a proposed one. Right now, thy are just cutting because sales have fallen. Let's hope that true. But in another printing, it sounded firmer.
"He said he believes John Deere sees Mexico as a cheap source of labor with the added benefit that it can import steel there for much cheaper and sell products built with that steel back to the American market".
We were lucky we were in the food processing industry. Breakfast Cereal. The filth that Mexico has in its facility's was not acceptable, no matter what the cost advantage.

https://www.thedailyscoop.com/news/r...we-know-so-far

06-29-2024, 05:05 PM

Because of this administration! No two ways about it..

SStockDart · 06-29-2024, 06:00 PM

The article I read was 2 hours old. John Deere is laying off and moving some production to Mexico. Also noted that Deere and Ford wanted similar moves to Mexico 4 years ago. Trump talked them out of the moves. Biden hasn't tried to stop the. Also, typical bantering...."Deere is Greed" stuff. Unfortunate that more people do not understand capitalism.

Eddies66 · 06-29-2024, 07:32 PM

Having subjected to this business decision with GE Engine Services in 1999. Our cost of labor was $70 per hour with customer cost $90, giving GE $20 profit. Our sister plants in Brazil labor $25 per hour and Scotland was $45. GE made a decision to layoff 400 plus employees and move the plant to China where cost of labor was $15 per hour. Cost to customer remained $90, now that is capitalism at its best. It all worked out for me, found employment within days. I did keep my GE stock and it split.

06-29-2024, 03:58 PM	#2
SStockDart VIP Member Join Date: Dec 2007 Location: Arizona, Texan forever Posts: 1,176 Likes: 879 Liked 574 Times in 212 Posts	Re: Biden's lie about insulin price cap Not good news for my friends in Iowa. John Deere announces mass layoffs in Midwest amid production shift to Mexico Over 600 production staff at plants in Illinois and Iowa are being let go this summer. Union jobs going to Mexico. __________________ Gary Hansen - SS/FA 4911, B/SA 4911

06-29-2024, 05:05 PM	#4
Barry Polley Guest Posts: n/a	Re: Biden's lie about insulin price cap Because of this administration! No two ways about it..

06-29-2024, 06:00 PM	#5
SStockDart VIP Member Join Date: Dec 2007 Location: Arizona, Texan forever Posts: 1,176 Likes: 879 Liked 574 Times in 212 Posts	Re: Biden's lie about insulin price cap The article I read was 2 hours old. John Deere is laying off and moving some production to Mexico. Also noted that Deere and Ford wanted similar moves to Mexico 4 years ago. Trump talked them out of the moves. Biden hasn't tried to stop the. Also, typical bantering...."Deere is Greed" stuff. Unfortunate that more people do not understand capitalism. __________________ Gary Hansen - SS/FA 4911, B/SA 4911

06-29-2024, 07:32 PM	#6
Eddies66 VIP Member Join Date: Feb 2010 Location: Rancho Mirage, CA Posts: 1,308 Likes: 300 Liked 881 Times in 452 Posts	Re: Biden's lie about insulin price cap Having subjected to this business decision with GE Engine Services in 1999. Our cost of labor was $70 per hour with customer cost $90, giving GE $20 profit. Our sister plants in Brazil labor $25 per hour and Scotland was $45. GE made a decision to layoff 400 plus employees and move the plant to China where cost of labor was $15 per hour. Cost to customer remained $90, now that is capitalism at its best. It all worked out for me, found employment within days. I did keep my GE stock and it split.