Originally Posted By: dailydriver
Originally Posted By: Burt
In the 1930's we tried protectionism with tariffs and it had disastrous results.
Yet the consumers in THIS country fall all over themselves to buy cars from manufacturers whose base countries practice the above (and WORSE).
WHY do they not only get a pat on the back for the above, loathed by the right wing, policy, but are actually
rewarded for doing so, but yet it is "no good' for U.S.?
The reason those tariffs didn't work was because they were not executed effectively and efficiently, the Germans did it right on that account and still do, you don't see Germany flooded with cheap and for that matter pretty expensive Chineseium junk products. Also a lot of it is cultural and a result of educational elements. The Germans and other Europeans realize that buying quality products made at home mean their neighbor and fellow citizen will prosper and in turn help increase the quality of life and standard of living for ALL their fellow countrymen.
CEOs, especially those here in the USA are the biggest bunch of tree swinging orangutans, over paid by as much or more that 200 times that of the AVERAGE employee at their organization plus they have an army of those whose job is simply to carry out the wishes of the CEO....worse yet is that many CEOs in the past two or three decades have been paid a mint after they have DESTROYED a company!
The "move to mehico" ain't necessarily because it is the best move (especially long term) but more so because
"every other idiot CEO is seen doing the same thing"....they are an expensive version of the old monkey see monkey doo effect.
These jerks read the trade pubs and see this "trend" and blindly believe they too must fall in line. But also much of these folks are from the old boy network and that also has a LOT of influence, heck how do you think these guys REALLY get those top jobs? You think they really EARNED them? No, it was the connections they have that sealed the deal.