So let it begin!!

Discussion in 'Congress' started by Navy1960, Nov 7, 2008.

  1. Navy1960
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    Navy1960 Senior Member

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    So let it begin: KFYI Radio reports, Honeywell corp. has announced the relocation of 700 jobs effective 2009 in the Sky Harbor Jet Engine Repair facility to Mexico and the Czech Republic .

    Even more bad news, for the Aviation community here in this country , but further still with the comming changes in the economic environment and a less business friendly environment companies such as Honeywell are forced to find places that they can in a more cost effective manner compete on a global scale. As someone in the Aviation community this is a very big blow to the community and the local economy.
     
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  2. xsited1
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    I've often wondered why politicians are surprised when companies move operations offshore once they raise corporate taxes. Don't they see the connection? Are they in perpetual denial?

    My guess is that they do understand it and they have an ulterior motive. To them, it's all about power. They don't care about the country or the people. They only care about the power they have. After all, if you don't pay up, you are forced to at gunpoint. Perhaps they were mistreated as a child and are trying to get back at who they perceive to be bullies. In any case, they must be stopped.
     
  3. Ravi
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    Ravi Diamond Member

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    I guess we need to start learning to be wealthy on $5,000 a year and the jobs will come back.

    But--it begins? It began quite some time ago.
     
  4. Navy1960
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    Navy1960 Senior Member

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    The commentary of "So let it begin" was more directed at companies looking to reduce costs based on changes that are comming in the business environment. While it's true that companies have been moving offshore for sometime now. IMO it was telling that a company is being proactive in such a way.
     
  5. CSM
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    CSM Senior Member

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    Now you get the idea! "Wealth" is a relative term.

    Obama has said in one of his speeches about wealth redistribution that "... a rising tide floats all boats". Too bad we aren't talking about boats but about people's quality of life.
     
  6. dilloduck
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    dilloduck Diamond Member

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    Of course it did----how well did partisan insults work in fixing it ? Isn't it about time to stop the blame game. Are we going to watch America go down the tubes because one party is afraid they might lose face ? Obama is loading up to continue the partisan war. Do you think this a good thing ?
     
  7. Red Dawn
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    Red Dawn Senior Member

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    Honeywell has had a 5-year plan to outsource jobs to low wage countries. This didn't just start happening yestereday. Its been in the work for years.

    Honeywell is moving jobs to low wage countries, because engineers there will work for peanuts. Its not about taxes. The is your "free trade" globalization policies in action.


     
  8. xsited1
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    I don't blame them. We current rate #3 in highest corporate taxes in the industrialized world. And now Obama and the Democratically-controlled Congress is going to impose even more taxation. Do you expect people to just suck it up and take it or do believe you're not being patriotic unless you turn over a large portion of your wealth to the government?
     
  9. Ravi
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    Ravi Diamond Member

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    I don't think it has anything to do with taxes, but more to do with salaries. Honeywell already paid one of the smallest tax checks before Bush's tax cuts. There are so many loopholes available for corporations that they effectively make the USA one of the cheapest places to have a business...tax wise, anyway.

    Corporate Taxes
     
  10. Navy1960
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    Navy1960 Senior Member

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    More than three weeks into a production stoppage that has idled more than 27,000 workers, neither Boeing nor the Machinists union is ready to blink. The 2008 strike is shaping up to be long, costly and damaging.

    Extrapolating from company documents detailing the cost of the last strike, Boeing's lost profits from even a one-month strike would be at least $1.3 billion — earnings that won't be recouped for years.

    Likewise, an extended strike will bite deeply into the living standards and retirement plans of thousands of Machinists.

    Boeing/aerospace | Simmering Boeing strike scorching both sides | Seattle Times Newspaper

    When people sit and wonder why companies are running offshore or are looking for places to go for their very survival they have to look no further than what happened at Boeing recently.
     

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