Jack, the CEO, and thousands others like him, are responding to what gov't did, not taking advantage of something gov't created. If you are the CEO of a co and your profit in the the US is, say, 5%, because of high wages, health care, regulations, laws, etc. and the stockholders are screaming because they used to make 8% and you can go to Blghytostan and make a profit of 12-15%......what's the smart move? Companies are not in business for any reason other than making a profit. No one has in private enterprise has ever gone into business to operate at a loss. Only gov't can do that by taxing it's citizens and even then it's a net loss.
I don;t like companies moving over seas or even out of state, but it's simple economics.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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