Posted on 01/06/2015 6:49:55 PM PST by NowApproachingMidnight
In the latest blow to New Jersey, which is still staggering from the recession, Mercedes-Benz USA said on Tuesday that it would move its headquarters to Georgia from Montvale, N.J.
(Excerpt) Read more at nytimes.com ...
Wait a minute. North Dakota is “high outbound”. I thought the oil business was booming and people were flocking there?
Nothing like the twisties in the 69 911E Longhood. :)
Farm technology has not kept up with the time because of the illegals and it will not progress because of them.
Maybe the downturn you are talking about will help to come up with the next innovation like the tomato picker that filled the gap of illegals last time.
Why do you think we have the automated cotton picker? We lost a whole bunch of field hands in one big war.
Our government is holding back innovation for cheap labor and the results are fewer jobs for middle America.
I hope NY and NJ end up like freaking CUBA...!”
From what I hear that’s a paradise
How much “exit tax” will it cost them?
My screen name is misleading to many. Born and raised in Oregon and presently live near the coast in Washington state. I am retired but my old boss gave me that nickname based on my work ethic (he said I had very thick skin and once I had my teeth into a problem, I wouldn’t let go until I destroyed it. LOL), and my last name of Gates.
Ok, got it :) Good luck if you purchase a Porsche!
Thanks.... I WILL be showing it off in the spring. Just got to get my boat sold first. ;>)
The NJ workers probably can’t follow their jobs because they can’t sell their homes; how many Americans are looking for homes with $15K+ in property taxes? Housing in NJ is getting crushed because no young people (except public employees in “safe” jobs) are stupid enough to buy homes here. The solution for these states being abandoned by young Americans is amnesty, to keep the housing stock, classrooms, and store aisles filled.
Out in the Atlanta suburbs (and in most of the south), $15K a year would get you a nice, good-sized house in a decent neighborhood, mortgage, taxes and insurance all inclusive.
That will change as these companies move in; they’ll want upgrades to everything that will drive up costs and displace many natives from their neighborhoods. That is exactly what happened when companies like Mercedes moved to NJ; now they’ll leave us with those high taxes and a bunch of people stuck with $200K homes with $500K mortgages...
Average salary isn’t that much higher, I don’t see how people hold it together up there.
They did it with two high incomes in decent jobs 9and few children). Where I live is much more affordable (and much more “diverse”); our industries left after the second World War, and most people now either work in nearby cities or breed bastards for a living. A lot of the remaining Americans are public employees of some sort or other.
The move by Mercedes should be a warning to other locations as to how this works; forty years ago that area of northern NJ was woods, then it was developed for businesses and homes. It is now on the downward projectory
(still costly, but with dim prospects), experiencing in half a century what other rustbelt areas did over nearly two centuries...
One look around here and you’d never know it...
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