Posted on 06/29/2024 9:49:57 AM PDT by DFG
John Deere is sparking outrage by laying off American workers and moving more of its agricultural equipment manufacturing to Mexico.
Since October 2023, more than 1,000 John Deere workers have either been laid off or pushed into an early retirement across several plants in Iowa and Illinois.
In many instances, production that these US workers were responsible for has been shifted to new locations in Mexico. The company was founded 187 years ago.
More layoffs are expected later this year - despite John Deere raking in over $10 billion in profit in 2023 while also paying CEO John May $26.7 million in total compensation.
A longtime John Deere worker at the Harvester Works plant in East Moline, Illinois, told The Guardian it comes down to one thing: Greed.
'We get wind of more layoffs daily, it seems, and it's causing uncertainty all over,' said the worker, who stayed anonymous for fear of retaliation.
'The only reason for Deere to do this is greed.'
(Excerpt) Read more at dailymail.co.uk ...
What you see around you is caused, like WWI and WWII, by government, not freedom or the Free Market Economy which is freedom in action.
Dear John,
Two Words: Tractor Supply
Over rated, over priced.
Things are a lot different than in Adam Smith’s time.
Big time. Democrat administrations drive companies out of the country. Trump was working on bringing them back, but given the whipsaw treatment companies get, I would be hesitant to bring a company back to the US if President Trump gets in. Because the next President might be worse than obama/biden.
Not the laws of economics.
But it was WWII, where we were basically the only intact Industrial power on the planet, where we had our most prosperous times, because we were basically building the whole world back up at that time. But that wasn’t going to last forever.
So you think another country trying to ruin the economy of another country by dumping cheap products on them is a good thing? That a nation shouldn’t have some recourse to stop that from happening?
And even Reagan imposed tariffs on the Japanese.
ATLAS SHRUGGED writ even larger
My initial thought was that's impossible. Sadly though have to admit you are correct.
It's either/or.
It's not either Communist Expropriation or Rapacious Capitalism.
Between Stalin and Scrooge there is a nationalist populism that balances and protects the interests of both native born workers and companies.
That is revisionist history.
We saved the world from Hitler's Germany in WWII, but America was still essentially a freedom-loving Christian nation with no interest is controlling the world. Japan is a good example. After helping them recover, we left them alone.
I’m purely talking economics. We supplied the world with goods, while the bombed out countries were slowly rebuilding their industries. Of course the US was doing very well then.
IIRC- EVERY SINGLE UNION CONTRACT IN THE USA GETS A RAISE IF THE “MINIMUM WAGE” is INCREASED.
EVERY ONE
A society free from government coercion ALWAYS does well.
I wonder how many OLDER—RESTORED tractors have risen in price???
Well, we imposed a Constitution on them. And we still have 24 military bases in Japan.
And pray tell when has there ever been a society free from government coercion? It sure has never been the case in this country?
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