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To: Reaganwuzthebest
I've no confidence they're going to stay here much longer.

In both a psycholgical and economic sense, if a foreign firm spends $1.1 billion in order to build a plant that opened in 2004, then it is showing a greater amount of confidence than you.

29 posted on 01/28/2006 10:40:24 AM PST by 1rudeboy
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To: 1rudeboy
You know how many companies here in NYS invested millions to upgrade their plants then suddenly packed up and moved away 5 years later or went bankrupt? For a lot of them it's simply a tax write off anyway.

Like I said it's good to see companies like Hyundai investing in the American worker but wage pressures will no doubt eventually force those still trying to pay a fair wage to either go out of business or as they say, "if you can't beat them, join them" in China where workers make .50 an hour with no benefits.

33 posted on 01/28/2006 10:46:32 AM PST by Reaganwuzthebest
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