Quote:
Originally Posted by JCricket
Some interesting points. I am not sure they are all accurate, but well intended for sure.
I have to ask, is this a good thing that Toyota is moving to texas? I understand that it is for their bottom line. But what about the employees? When should a companies dedication to its employees trump increases to the bottom line? At some point "free market" no longer is free and the people become slaves to the businesses. I can't see when that is ever good. When a business has to move, that is one thing. To me it is a bit unethical to fire a plant full of people so that you can rehire a new group of employees at a lower wage.
I do think you are correct in the reasoning that Toyota did this for income tax, energy cost, real-estate costs, etc. So why not bring the employees with them to texas and share some of the savings with them. Thus they are more competitive and the employees win too? Just a thought
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It's not a manufacturing operation. Very few hourly employees involved.
Quote:
Originally Posted by mpholland
If I get this correctly, these are corporate/management jobs and not manufacturing jobs so the union question is pretty much a moot point. I also get the impression that Toyota was going to move somewhere else to consolidate, no matter what. It sounds like Toyota is going to offer many of their current employees the opportunity to move to Texas and keep their jobs, which could work out even better for the employee as long as they are paid the same.
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^What Mark said.^
Quote:
Originally Posted by BeamOn
Texas to pay $10,000 for each Toyota job relocated
www.marketwatch.com/story/texas-to-pay-10000-for-each-toyota-job-relocated-2014-04-28
This is bribery. I don't believe that the state of Texas is paying this bribe to relocate workers from other states, especially California. Question I would have is if the cost of operation is so much lower than California, why didn't they move on their own rather than be enticed monetarily?
It is a rhetorical question. 
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Oh, yes, they would. In fact, states have been pitted against each other in the "race to the bottom" just as workers have.
Quote:
Originally Posted by mpholland
They were going to move on their own. They had already narrowed it down to Denver, Atlanta, Charlotte, or Dallas.
Texas just happened to be willing offer a big financial incentive to boot.
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And, that's what it's all about. Thing is, just as it is with workers, once states give so much tax incentive or possibly even start
paying companies to locate in their states..........what is to be gained from their presence? Remember the thread about TEXAS crowing about having rapid job growth but struggling to figure out how they are going to pay for the infrastructure to support it? The discussions we've had about the millions of Americans who DO WORK, but can't support a basic cost of living with their wages?
Hello!
Welcome to America in the 21st Century. It's a Brave New World, isn't it?
Dave