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Management Explanation of Outsourcing of Jobs in Lucrative Industries
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America’s current economic woes did not come out of thin air. Its not only a matter and question of economics , interest rates , banks and the bailout and tarp funds. It goes much deeper and was a long time coming.
Take for example this auto magazine article – or a mild press release , published in Oct 1992 dealing with BMW’s announcement to open its American factory in North Carolina. You have to remember that this is a highly subsidized announcement - each state made great pitches , offers and tax saving inducements to the firm , to relocate ( move from where Germany ?), to the chosen US state. Its more than amazing at how much is spent on these deals , whether it was in North Carolina or the Southern US states to build what are in effect “Screwdriver Plants”.
The greatest amount of value added is in the home country – be it Japan for Toyota or Nissan , or in this case Germany for BMW. The really high paying jobs and skills are offshore , not in China at low dollars but rather back at “Head Office”. Its only the mundane low paying jobs so to speak that are offered , after all of these great subsidies. When one figures out the cost per worker, including all subsidies , to the American taxpayers you have to wonder if it would not just of been better to have paid the workers – or assemblers – just to stay home or go duck hunting.
Interesting – hidden in the middle of the press release gushing article – inside the paragraph dealing as to why BMW execs choose North Carolina over others , “not the least was easy access to air, rail, and highway routes , is the statement “And while initially up to 80 % of the components will be imported from Germany…… there is a good possibility ( although not probability) , that some type ( not types), of manufacturing capability ( not plural), may be added in the future.
And you think that your boss is a moron.
Fire Your mean and incompetent boss
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American Taxpayers · Auto Magazine · Bailout · Case Germany · Dementia · Duck Hunting · Easy Access · Economic Woes · Execs · High Paying Jobs · Inducements · Low Paying Jobs · Lucrative Industries · Magazine Article · Pitches · Screwdriver · Subsidies · Tarp · Thin Air · Zod
