George Ortiz15 said:The government, local officials, and every single politician from the Republican Party to the Democratic Party are all scrambling to figure out how to send an invoice for corporate taxes. Meanwhile, opportunities like this just sail right past us...
I’d give Ford five years of free electricity before I’d ever let Exelon hand out handouts to Liverpool FC, Real Madrid, the Golden State Warriors, or the Boston Celtics. Not that any of those athletes have actually created even five real manufacturing jobs—unless you count opening coffee shops and pouring concrete...
Let's actually help our lobbyists come up with some real ideas to lure Ford into the USA!
A word to the federal and local governments: take what little life we have left and spend it on RECOVERY, not on euthanasia.!!!!!!
That bit about the guys across the border is pretty interesting... makes you wonder if what they're saying about Fiat is actually true.
Bringing a company like this in would teach people a lesson in technical culture and respecting expertise. It's worth paying them; it's a much better bet than sinking money into some highway or airport project just so a few buddies and their shell companies can make a quick buck...
Of course, General Motors is now a major driver of development in Mexico. Every single day, two trains loaded with cars head out from Detroit for export. The plant was designed for 300,000 units, and they're currently hitting 200,000, with daily production at 480 cars across two shifts. They're even planning a third shift next month to ramp things up further.
The benefits are pretty multifaceted: worker training and employment, narrowing the trade deficit, bringing in secondary suppliers, infrastructure growth, expanding production lines, and implementing high-level automation and computerization.
General Motors has also teamed up with local colleges and vocational schools, even helping out with training equipment. For instance, the local technical school received mini-robots for training that are basically clones of the ones used on the actual assembly line.
At first, there was a lot of pushback about giving General Motors too many incentives—like $10,000 per worker and ten years of tax breaks—but ever since production actually kicked into gear, nobody seems to care about those initial complaints anymore.