Mini Motors
Well-Known Member
- Joined
- May 11, 2011
- Threads
- 8
- Messages
- 226
Just because something says "Made in the U.S.A." doesn't mean it's American. And we're talking about two different problems in this thread, and I'd like to straighten it out.
First, when a foreign company sets up a plant here inside our borders, it does so to avoid import taxes. And when individual states compete to lure these companies, they give huge tax breaks, and sometimes even promise to buy their product over a truly American product. So, when Toyota and Kia run TV ads that spout about how they are serving America oh so well, they're not so right about that. About the only thing they do for us is hire Americans. The profits still leave the country, and don't help the balance of trade in our favor.
The other, and totally different problem is where American companies move manufacturing out of the U.S.. I believe that they are starting to see the light on this and realize that they are hurting America by this practice. I've heard news stories about one or two small companies returning manufacturing back here, and even large companies like AT&T plan a return of jobs to our shores. It's things like this that give me hope.
First, when a foreign company sets up a plant here inside our borders, it does so to avoid import taxes. And when individual states compete to lure these companies, they give huge tax breaks, and sometimes even promise to buy their product over a truly American product. So, when Toyota and Kia run TV ads that spout about how they are serving America oh so well, they're not so right about that. About the only thing they do for us is hire Americans. The profits still leave the country, and don't help the balance of trade in our favor.
The other, and totally different problem is where American companies move manufacturing out of the U.S.. I believe that they are starting to see the light on this and realize that they are hurting America by this practice. I've heard news stories about one or two small companies returning manufacturing back here, and even large companies like AT&T plan a return of jobs to our shores. It's things like this that give me hope.