Combine this with our high corporate taxes and people actually wonder why companies move overseas and people are out of work?
Sometimes by favoring a narrow constituency, the federal government can cause economic devastation for a company or a state and even encourage companies to manufacture outside the United States. In terms of sheer economic stupidity, the Obama Administration committed an economic felony when the National Labor Relations Board (NLRB) ordered Boeing to shutter a spanking new $2 billion facility that would have created 1,000 much-needed new jobs in South Carolina.
Last week, the NLRB told Boeing that it could not open the facility it had spent three years creating to build its new Dreamliner series of airplanes. The NLRB did not deem the plant unsafe or harmful to South Carolina workers. The NLRB simply said that it could block Boeing from using the new plant as Boeing’s decision to locate it in South Carolina was in part based on a desire to avoid work stoppages and strikes, and this rationale was harmful to unions and thus an illegal act.
Never before has the federal government told a company it may not relocate within the United States. Never before has the statute used been interpreted to affect a decision on where a product is made. Never before has the Constitutional goal of easing interstate commerce been so trampled by a formal act of the federal government.
Why was this done?
The International Association of Machinists and Aerospace Workers asserts that during a 2008 strike at Boeing’s factory in Seattle, company executives threatened they would open their next assembly line in a right-to-work state in retaliation for workers walking off the job.
This despite the point made in the first article that Boeing can’t make enough of the planes at their Seattle factory, so they had to add a plant somewhere else. This couldn’t possibly be related to elections next year, could it?
#20, So because the government is their largest customer, they have the right to tell them how to do business?
Maybe they should nationalize it after all. Then they could do everything for free. They would be the owner and the customer.
#13 That post was worthy of someone whose English translation of his nickname is Dumbb
If we don’t rid ourselves of progressives and their lunatic special interests, we will enter the Greatest Depression.
#23.
Too late. We are already heading into the greatest depression.
With China selling it’s US treasuries, with the US treasuries loosing their AAA rating, and Japan being unable to buy more of our debt…
Who are we going to run to when we cannot balance the budget?
And this is even bleaker.
http://theeconomiccollapseblog.com/archives/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt
Does the idiot who posted this realize our tax dollars go to Boeing? Corporate taxes… har.
#25 – even better, not only does Boeing (like most large corporations) pay no tax. But South Carolina is kicking in $900M in incentives, grants, tax-breaks, infrastructure and benefits for Boeing to build the plant there.
Even if Boeing never build a single plane at this plant they are ahead.
#24 That assumes present insanity will reign forever…if we loose the progressive lunacy, we could grow ourselves out of debt.
We must stop adding to it however.
The time to mine and drill our resources is now, before alternatives arise…while these are still worth big $$$.
Our economy can be vibrant again, but the litigious progressives, whether ecotyrants, or simply extortionists, must be rendered powerless to do harm.
If we strip away the regulation that forces our own government build refineries in Columbia, THEN we can prosper like never before.
This country has lots going for it, unlike China and Japan whose populations are aging, ours is relatively young and we can always import more from Mexico.
AND we have incredible stores of energy, from natural gas that will last centuries, to oil more than Saudia Arabia etc…
We got it all, but progressives have poisoned the minds of the people with a can’t do, entitlement freeloader mentality, that under any Darwinian system, must become extinct.
Boeing has plenty of space in Washington, they are demolishing their original aircraft factory where they built B-29s. So the move was punitive !!!
You’re right, taxed enough.
Unfortunatley, I am skeptical that we can get out of this mess before a total collapse of our economic system.
Look at the name calling the adosesent Dems were calling the Repubs when they tried to cut $60 billion a year. The final cut was considerably less and that was hard fought.
Now think that we need to cut $600 Billion a year to even approach the overspending problem. 10X MORE.
Does anyone really believe this is going to happen??
Go ahead, Boeing, make your planes in Communist China. See if they stay in the air without crashing.
So Boeing spun off Spirit AreoSystems (the former Boeing Military Airplane Company) located in Wichita Kansas, a right to work state. They go to South Carolina after a fat bribe. Why didn’t they just go to the Wichita Plant? The Machinists will just organize in SC like they did in KS. Mean while the Kansas Governor said a few days ago he was going after more Boeing work for Wichita. I guess that means that all of the lottery money is going to Boeing for the next few years. (in Kansas the lottery money goes to business development a.k.a. bribes to locate in the state)
pben, Manhattan, Kansas
#29 Its with heavy heart I now agree with you.
The insanity is incredible, common sense simply not in play.
Michele Bachman was strenuously contradicted by Chris Wallace on default, he defined it as not paying ANY bills…
Michele corrected him repeatedly, not raising the debt limit is NOT defaulting on the debt, we still pay that. We roll back the spending increases of the last few years, and THAT is NOT default.
She asked Christ which would spook the markets more, raising the debt and ever increasing spending…or being responsible as any individual would do, limit expenses to size of income after debt service, and selling what we could to raise money to pay off the debt.
Clearly hurtling off the cliff raising the debt limit will spook the markets, and cause the bond vigilantes to raise the interest on the debt, perhaps even causing default.
Chris Wallace just looked at her, astonished, speechless.
Perhaps analogous to the insanity of lemmings just before they all go off the cliff, is the thinking of the Elite ruling class, both parties…
One talks about cutting spending, and doesn’t, the other doesn’t even pretend to want to cut, they want to spend more….
I remember when this blog was interesting. Now, unattributed articles and troll-baiting. Enjoy deluding each other. Bye.
How does a government agency direct a private company from opening a business? Better to have non union workers in the US then no workers in the US.
Yes, Taxed Enough.
The conclusion is inevitable. The economy will collapse. Specifically here in the US and reverberate throughout the world.
What will happen to the Chinese and Japanese economies if the US fails? They will also be brought into a severe depression rivaling the aftermath of WWII.
In China specifically, there will be mass mayhem. It will devastate their economy, which the Communist government needs to expand to keep the workers docile.
And what of the economies which have become addicted to China’s cheap labor?
Japan will fare a little better, but not much. They have a slightly more robust internal market, but their economy will hemorrhage badly.
Europe will falter, then be brought to it’s knees.
Arabia will succumb next. Their economy is based on selling oil, and with less demand, what will they do?
Anyone with a pulse and an IQ can see this coming. Unfortunately many posters here at DU seem to be missing the latter.
So what can we as individuals do to come out of this impending collapse in one piece??
And exactly what did this accomplish?
In an irony of ironies the union and the NLRB probably uses Apple products made by Foxcon.
“Go ahead, Boeing, make your planes in Communist China. See if they stay in the air without crashing.”
McDonnell-Douglas did just that years ago and Airbus has followed suit, licensing the Chinese to build A320s. So, yes. This will force Boeing’s hand, resulting in fewer American jobs and more foreign jobs. Smooth move, union labor bosses.
Come to Canada and you can get an idea of what goes on the minds of the leftists / union people coordination here
Its all about the union cause – if the company shuts down as a result – who needed those lousy capitalists / upper company management etc etc
Yet all the big paying jobs are gone
All we have now for the most part is big box stores with menial sales jobs selling mainly Chinese made goods
In the end Canadians to a great extent fall into two groups – high paid government bureaucrats who care about nobody but themselves and sit and make colored graphs and charts about how well they are doing and why they should be paid more and have more benefits – at the extent of the rest of us slaves
How sad
And yet the civil servants break all privacy laws that we are threatened with and held to no account what so ever
Welcome to this world America
This will all end with crying
#35 I pray your gloomy predictions are wrong, but Gerald Celente agrees in the main.
If the Greatest Depression hits, all bets are off…we are back at barter…at least until they can create a new gold or silver backed money.
If you prepare, store emergency rations, there are lots of people armed, ready to take that from you.
So lets hope it doesn’t come to that.
I believe scripture predicts a fake saviour will arrive at the time of our worst despair…UFO backed Messiah, who by their presence and message, will render the world’s religions, “obsolete” …or so they will allege.
The coming “Anti (instead of) Christ” will bring some order…but at the price of one’s eternal soul.
So I look forward to dying FOR Christ, and saving my soul.
Of course few believe the Scriptures any more…
So you can relate how you are preparing, apart from my studying and applying scripture.
#38 There must be something better about Canada than here…lots of products sold here are made in Canada.
I think its “loser pays”, assuming your laws are like Europe in that regard…phoney lawsuits are kept at a minimum because the loser must pay the legal fees of the winner.
Which is how it should be here, but lawyers are a powerful special interest in the Democratic party:
http://youtube.com/watch?v=IdpVY-cONnM