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To: quack
Something I've noticed though,is that prices aren't lowered when a company moves out of the U.S.The company makes more profit,but we,the consumer,don't see a reduction in price.I'm willing to bet that Electrolux will not reduce the price on their products either.

Bingo! Look for accolades and huge bonus increases for electrolux execs in the near future. Meanwhile, the businesses and jobs remaining in SC will enjoy the benefits of increases in unemployment insurance premiums and tax increases to pay for the expansion of welfare state programs and offset revenue losses to state coffers.

Finally, the free traitors will be happy knowing that the dirty screw-turners are getting paid exactly what they are worth, nothing. And a new generation of RAT voters and Dean supporters, the children of the laid-off workers, will be born.

93 posted on 01/16/2004 9:49:47 AM PST by Orbiting_Rosie's_Head
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To: Orbiting_Rosie's_Head
You don't see a reduction in price, because while they are able to find a more efficient labor resource, the othe costs in the price are increasing. These costs have been increasing for years and the general customer is not willing to pay more for the product.

In addition, any public company needs to continue to show profits and pay dividends or you will not have shareholders. Without shareholders you will never be able to remain competitive and you will end up losing the company. So yes, these profits benefit all investors, many employees are investors. However, most union members don't think they get compensated unless they see it on the check stub.
99 posted on 01/16/2004 10:00:03 AM PST by CSM (Council member Carol Schwartz (R.-at large), my new hero! The Anti anti Smoke Gnatzie!)
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