Nothing new here. I’ve been bitching about this for over 20 years. Remember Ross Perot and Pat Buchanon?
We were right! What’s your point. Vote. Yea, right.
The sad truth is that as work has become a global commodity, middle class American workers have been placed in direct competition with the cheapest labor in the world. For years the U.S. economy was so strong that nobody really noticed that it was bleeding thousands of jobs every single month. But now that 14 million Americans are unemployed and the U.S. economy is literally hemorrhaging jobs people are starting to sit up and take notice.
Let’s take a look at one recent example. Ford Motor Company has just announced the closure of a facility that produces the Ford Ranger in St. Paul, Minnesota. Approximately 750 good paying jobs are going to be lost.
But isn’t Ford doing better these days?
Don’t people still need Ford Rangers?
Of course they do.
Minnesota Governor Tim Pawlenty even offered Ford a multi-million dollar incentive package full of tax cuts and job creation incentives to keep the factory going.
Basically, Pawlenty did everything except get down on his hands and knees and beg Ford to keep the plant open.
But it wasn’t good enough for Ford.
So where is Ford going to make those Ford Rangers now?
Well, the statement issues by Ford did not say, but it did offer some clues….
“Ford continues to concentrate on implementing the plan we initiated four years ago to streamline our plant operations and better leverage our global platforms. At this time, the Twin Cities Assembly Plant does not fit into our global manufacturing strategy.”
Did you notice that the world “global” was used twice there?
In other words, Ford plans to move their factory some place where labor is cheaper.
But the truth is that this is happening in every industry.