I can certainly understand
their position. Problem is they have been sold out by politicos in Washington who just happen to work, incognito, for Wall Street.
When bass ackwards trade deals were signed where we basically gave away the store in the interest of trying to promote butter over guns, it put the average working person in a factory at a severe disadvantage come wage negotiations. That being said, companies could very well make good on a threat to move the entire plant to Mexico or wherever, thus the 2 tier wage agreement. That was a sop in a way that by the time the old line guys died or retired, the company would have a new crop of workers at far less wage expesnse. This makes Wall Stree dance a jig as they envision all kinds of freed up funds to buy stock back, increase the dividend, and reward shareholders.
As surely as night follows day, imports flooded in. And most American sheeple buy cheap instead of quality so the shoppers ate this up like hungry lumberjacks at an all you can eat buffet. More cheap stuff followed and in order to compete with slave wages, companies had to force concessions. Thus the two tiered wage setup. Reduced or eliminated benefits. Cheaper products. Et cetera. Or let's reduce competition by purchasing our competitor (electrosux digesting GE appliance for instance)
Rheen, Lennox, trane, for example all have HVAC operations in Mexico. You can buy an Ameristar made in China too! But always remember, we really want quality but just can't seem to figure out how to pay for it.
