No, we bought it to save union (primarily UAW) jobs and retiree payments. Since the advanced technology center in China is primarily engineering instead of bolt turners it is non-union and therefore of no concern.
Pelosi is worried about “excessive executive pay” when she should be focusing on excessive executive stupidity.
Business conditions were better in the successful states than in the lagging ones. Capital and labor gravitated to where the burdens were smaller and the opportunities greater.
No one should let Michigan politicians blame their problems solely on the decline of the U.S. auto industry.
Yes, Michigan lost 83,000 auto manufacturing jobs during the past decade and a half, but more than 91,000 new auto manufacturing jobs sprung up in Alabama, Tennessee, Kentucky, Georgia, North Carolina, South Carolina, Virginia and Texas.
http://news.theag
e.com.au/business/toyota-will-reopen-three-us-plants-20081101-5fov.html