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Does this mean Mexico will have to build a wall to keep out American job seekers?
thunderlips11 is deplorable says
Imagine that. When you allow companies to import tariff-free from countries with lower wages, weak and never-enforced environmental and labor laws, and a notoriously corrupt government, SURPRISE! They move there to import back in.
The problem is a perverse financial incentive inherent in capitalism. If the profit from the sales went to the people actually producing the cars, in this case Mexicans, rather than to the owners, then there would be no motivation to move production to were labor and human life is cheapest. The executives should be paid only based on their actual contributions, not how much they screw over labor. Investors should be paid proportional to how much the workers make, and a small percentage of the total worker pay, not the lion's share.
Make these changes and you'll have a system that has financial incentives to make the workers more productive and to pay them a greater percentage of their productivity. Then the interests of management and investors are aligned with the interests of productive workers. Capitalism is based on the war between these two classes.
The F-150 and the E-150 were the last two great vehcles they made.
Today the Truck is an aluminium over priced toy, and the E class vans are now Euro style Lorries. There cars are foreign brand knock offs and partnerships.
So there's nothing for them here, we're tired of followers we need innovators in this country get them the hell out, don't let the door hit them in the ass.
May there be 100 car companies in America next year to replace them, through programs partially funded by Carrier and Ford tarrifs.
How many Mazda's are made in USA (Hint: NONE). How about all the Nissan's, VW's, etc. ALREADY being made in Mexico?
http://thehill.com/policy/transportation/296123-trump-ill-tax-us-cars-made-in-mexico
Trump proposes 35 percent tax on foreign-produced cars
I think a 35% tariff on imported cars is way too low.
The F-150 and the E-150 were the last two great vehcles they made.
Mercury became a rebadged Crown Vic so they killed it and Lincoln is now on life support. It's a long, sad list: Oldmosbile, Pontiac, Mercury, Plymouth...
thunderlips11 is deplorable says
Ford leaving US
it's about race, not economics you deplorable. just ask krugman of the esteemed NYT
http://thehill.com/policy/transportation/296123-trump-ill-tax-us-cars-made-in-mexico
Trump proposes 35 percent tax on foreign-produced cars
I think a 35% tariff on imported cars is way too low.
what would happen to our exports if other countries did the same?
It'd be a wash, but we'd make out in the short interval between the execution of our tariffs versus the execution of their retaliatory tariffs.
Wealth is built by taking baby steps...Whoever sticks their face in the apple barrel first comes out ahead.
http://thehill.com/policy/transportation/296123-trump-ill-tax-us-cars-made-in-mexico
Trump proposes 35 percent tax on foreign-produced cars
I think a 35% tariff on imported cars is way too low.
what would happen to our exports if other countries did the same?
Currently most of the country's wealth is held by the boomers.
Having "Grand Ma" written anywhere on a vehicle for sale, during this time period, is a smart tactic to extract whatever remains in the 401k account.
The lack of critical thinking demonstrated below is damning evidence of why the country is in the state of disarray that has doomed us for generations to come.
Grand Marquis was a bad idea for a name to begin with: you can put your hand over the ending and it spells out "Grand Ma" which is the last thing that you want to see to sell a car. LOL
If the profit from the sales went to the people actually producing the cars, in this case Mexicans, rather than to the owners, then there would be no motivation to move production to were labor and human life is cheapest. The executives should be paid only based on their actual contributions, not how much they screw over labor.
There would be no motivation to make cars anywhere if the workers were to take everything.
...despite years of special tax breaks and handouts from the taxpayer.
http://www.freep.com/story/money/cars/ford/2016/09/14/mexico-ford-shiftng-us-car-production-mexico/90355146/
Imagine that. When you allow companies to import tariff-free from countries with lower wages, weak and never-enforced environmental and labor laws, and a notoriously corrupt government, SURPRISE! They move there to import back in.
We have massive consumer leverage. The companies need to sell to the USA, it's a huge portion of the world market. We don't need to buy abroad, we can make it at home and have for most of our history. Companies like Ford and Carrier were making fat profits manufacturing in America, this is only to make the profits fatter.
#lickmyclit