Electro-Motive plant shut by U.S. owner

[iverglas]

9. because of this gawdawful stinking new board system

a search of DU did not produce this thread for me, so I started one myself.


I just wanted to reply to this post in that thread.

http://www.democraticunderground.com/101444479#post6

SadPanda
6. Why should an American Company pay Canadian workers twice as much as American workers?

"... The wage concessions the company was seeking from CAW members earning up to $34 hourly would have put pay levels on par with its American operations. "

Considering the equal value of the current currency exchange why should an American company pay twice as much for a Canadian worker to do exactly the same job? I'm sorry, I'd rather have 500 jobs in America paying $17-$25 an hour than the same company paying double in Canada.

your attitude doesn't surprise me, although perhaps it was intended to do so.

The problem for you is how your own ignorance hurts you.

Jobs like these in Canada are what provide a country's consumers and taxpayers, who are needed in order to maintain an economy -- a healthy(er) economy like Canada's, and a healthy population like Canada's.

The company -- the plant, the intellectual property, the jobs, the workers -- is CANADIAN.

Why should a company be abetted by USAmerican governments in buying a company in another country, stripping the company's assets out of that country, eliminating several hundred jobs in that country, and moving it all to the USA?

What difference does the nationality of the company doing it make?

Last month, Caterpillar reported annual profits rose 83 per cent to a record $4.9 billion.

The corporation can make more profits by looting Canada's economy ONLY because

(a) Indiana gave tax concessions

(b) Indiana has abolished labour rights

That isn't an economy in the state of nature, you do realize. That is an economy organized by a right-wing government for the benefit of a tiny fraction of the population, at the expense (through taxes and a low standard of living) of the rest.

Just in case you weren't understanding how these things work.