Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Hoyt

(54,770 posts)
11. Yes. The foreign countries need investment. You assume that investment
Wed May 27, 2015, 06:51 AM
May 2015

would mean jobs here, but that's not true. In any event, it is terribly greedy and callous, maybe worse.

Most of the small factories that supposedly closed down, were not efficient and technologically advanced. The old "buggy whip" manufacturer example comes to mind. And those small companies couldn't pay decent wages anyway.

Doesn't make me happy, but old, outdated facilities should close down.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Study: Each new immigrant...»Reply #11