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La-Z-Boy plant: 630 Utah workers to lose jobs in summer
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So much for the theory that Utah is immune to what goes on in the national economy.
These MBA types just don't get it....
I suppose there is relocation for any/all the illegals working at the plant to go home to Mexico?
Something the federal government doesn't understand about America is that we can't all be Doctors, Lawyers and Indian Chiefs.
America is a diverse nation of people. With diverse needs for employment opportunities.
The American middle to lower classes are getting the big screw-job with all these "free-trade" agreements.
Another thing to ponder. If all these jobs are heading to Mexico and employing Mexicans enriching them enough to in turn by our products. Why do we STILL have illegals crossing the border?
They already have our old jobs back home now.
Plus, it's good for Mexico and the Mexican economy. If we're going to solve the illegal immigration problem, then we need to strengthen Mexico's economy.
However, the company and our society need to help provide training for the workers being laid off. They will need retraining and will probably need to move to a different geographic region to find good employment.
Go to Google and search for "Comparative advantage". Read the Wikipedia article. It will help you understand why many economists think free trade can raise the standard of living for the American people.
I understand people are upset, but let me throw out another example. We have the Crandall canyon mine disaster from last summer and everyone, including congress, going after its boisterous owner to shut the mine down. What about the other hundreds of miners who lost their jobs? I sure haven�t heard much in defense of their livelihood.
Just a thought.
Existing staff carries load (like troops in Iraq)
Overhead lowered
Earnings per share increaseD
Stockholders happy
Bonuses awarded to management
THESE ARE FABULOUS TIMES TO BE RICH!
1) Read Atlas Shrugged or most anything else of Ayn Rand
2) Are you really asking companies to lose money to keep people employed at all costs? Was the Tremonton facility producing good quality at a good price, was it the best facility? I don't know and neither do you.
3) Are you the consumers willing to pay more for a recliner made in Utah than one made in Mexico? Historically with every other product the answer is absolutely no. So we cry when people are put of work, but we collectively have power to speak our mind and tell companies what is supposedly important for us with our money, but we don't.
4) If we want a hand-out, say so.
I am sorry the plant was closed in Utah. I grew up there and want to see the state do well. However, these decisions are NEVER easy for executive despite the perception are just as loyal to the US as you or I.
This plant closing is unfortunately just the reality of the modern, global marketplace. For those of us who live in large urban centers, we can easily transition from an industry that has taken a hit to an up and coming, fresh industry. It is much harder in places like Brigham City, where good jobs in other industries are incredibly scarce.
At the same time, there really isn't anything we can do about this. To avoid this plant closing, we'd have to build a wall around America, cease all imports, and outlaw technological innovation. The cost of that would be a nightmare. Do we really ever stop and think of the ramifications of only "buying American?" To do so, we'd all probably be employed, but our wages in real terms would buy us bread and little else.
As a "former" member of the GOP I have to say that I can't wait until the November election when we can finally boot out the remainder of the GOP and put the democrat's back in power.
"Downsize This! Random Threats from an Unarmed American" - Michael Moore
Academy and Cannes Award winner Mr. Moore, predicted over a decade ago what is happening today.
Conservatives need not bother. Just go back to your Rush Limbaugh Show for the latest economic updates.
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