Thread regarding Ford layoffs

What's happening in the US is DISGUSTING!

Yeah... Like they said below...

Teachers are paid way too much. We need to follow Florida and decrease the education requirements needed to become a teacher. And then pay much less. At least in the big cities and in the rural areas.

And all the plants are paid way too much also. That's why we can't compete with the offshored work. They are willing to work for pennies on our dollars. We need to begin paying our people a fraction of what they are paid today. That's the only way that we can increase our profit and compete with the offshore talant.

Strange, we hear all the time “teachers are paid low, $40k starting salary is not enough to live on or attract the best people to the industry”

Yet Ford bragging about $45k jobs from the new plant. Is the UAW happy with that wage level? Will the Marshall plant be a union plant? Union dues will take a large bite out of $45k

When one takes the $45k income, and calculates a tax revenue from federal income (very little, maybe 5%), state sales tax on taxable goods, state income tax on very little taxable income after standard deductions, it’s very little benefit. The math fails to stand up.

Even adding in property tax on new purchases of real estate, on a $45k income it will be a very modest real estate purchase. And the jobs won’t be bringing in new residents to the state, it will likely bring people already here into the workforce, they’re already here living and consuming and paying current sales and income tax.

The math is insane and all states are in a race to the bottom with these tax breaks.
Thinking about it globally, countries are in a race to the bottom with lowering of corporate income taxes.

And the continuing short one of revenues gets borrowed, and put on our kids and grandkids credit card balance.

Huge subsidies to generate jobs that are (on average) 28.6% below the median wage for Michigan (calculated over 2017-2022)? Yah, "big win" there for the people of Michigan.
Well, at least if you are Ford, China, or a layer of gov't collecting taxes. For everyone else though, it's a pretty big "F.U. you'll pay for us to do what we want, peasants"

Ruining pristine farm land in the name of being green. This wrong on every level. Not to mention this is really Ford making deals with the CCP.