Detroit..A Democrat Failure

[Katzndogz]

There are more car manufacturing companies here now than then the big three were in Detroit. They are just in right to work states.

White flight does have a lot to do with cities that decline. There is just no way to make people stay in neighborhoods that are disintegrating and high crime. That's what obama's new residential quotas are supposed to stop.

 

[Lumpy 1]

Right ceo's in the 70's made 30X the average worker. Now ceo's make 300X the average worker. That's what Republicans believe in.

Where do you get this stuff..?

I don't believe that and no wonder Obama/Democrats suck up to them..

Oh it's true:
CEO Pay Now $7,000 an Hour ? 350 Times the Average Worker's - Money Morning

I know it's true but I don't believe that's the way it should be.

Democrats have taken the heart and loyalty by employers and employees out of doing business in America with their divisive tactics. Same goes for government.

 

[Brain357]

Republicans believe in a fair pay for a fair day's of work.

Unions believe extorting as much pay as legally possible for as little work as possible.

Right ceo's in the 70's made 30X the average worker. Now ceo's make 300X the average worker. That's what Republicans believe in.

CEO pay is between the stockholders and the CEO. If you think a CEO is making too much money, buy stock and speak up at the stockholder's meetings. If you aren't a stockholder, it's none of your business.

Yes lets pay them tons to ship jobs overseas, that's good for our country. The few jobs here pay less, have worse benefits and worse retirement. While all this happens the Republicans say none of your business. Who is getting hurt the most? Middle class.

 

[Brain357]

Where do you get this stuff..?

I don't believe that and no wonder Obama/Democrats suck up to them..

Oh it's true:
CEO Pay Now $7,000 an Hour ? 350 Times the Average Worker's - Money Morning

I know it's true but I don't believe that's the way it should be.

Democrats have taken the heart and loyalty by employers and employees out of doing business in America with their divisive tactics. Same goes for government.

Of course it shouldn't be that way. They should still be doing business here, but they are too greedy. They move jobs overseas so the executives pay goes up. It's not because they can't do business here. It's because they can't do business here and still pay themselves astronomical salaries.

 

[Katzndogz]

It should be left up to the companies and individuals to negotiate salaries and it is. It is exactly the way it should be.

It is not like if CEOs made less money it would be distributed to welfare leeches.

 

[Steven_R]

A company exists to make money for the owners. That's it. If it ends up as a better return on investment for the owners to have manufacturing overseas, it would be irresponsible for a CEO to not look into moving operations overseas.

Don't like it, then change the laws or buy stock in said company.

 

[Katzndogz]

In some cases companies have to move out of the country because regulations have made the manufacture of their product illegal.

 

[Brain357]

A company exists to make money for the owners. That's it. If it ends up as a better return on investment for the owners to have manufacturing overseas, it would be irresponsible for a CEO to not look into moving operations overseas.

Don't like it, then change the laws or buy stock in said company.

And if your not a greedy dog you pay the people below you as you get richer. Look at the statistics, this trickle down isn't happening. Instead you have wages, benefits, and retirement going down for the workers and the rich getting richer. Wonder why we have a gang problem in so many cities.

 

[Lumpy 1]

In some cases companies have to move out of the country because regulations have made the manufacture of their product illegal.

Nancy Pelosi/Democrats would run Edison and his light bulb out of the country now-a-days.

 

[Sarah G]

Anyone think the Republican Governor might have something to do with Detroit's financial problems?

'Detroit's not going into bankruptcy' (so much for that) - The Maddow Blog

From someone who can really figure out what is happening to this historic city.

Last paragraph in the article:

What Snyder skips over, in assigning blame for the fall of Detroit to 60 years of history and calling for new investment in the city, is the state's recent role in withholding revenue from Detroit. Once Republicans got ready to take over the city, they got interested in sending over dollars.

 

[Brain357]

In some cases companies have to move out of the country because regulations have made the manufacture of their product illegal.

Nancy Pelosi/Democrats would run Edison and his light bulb out of the country now-a-days.

It's definitely not only the Republicans fault. But mention it to a Republican and your told it doesn't exist or mind your own business. Democrats at least seem to recognize there is a problem.

Can't blame regulations on customer service and tech support moving to other countries. Talk to India lately?

 

[Lumpy 1]

In some cases companies have to move out of the country because regulations have made the manufacture of their product illegal.

Nancy Pelosi/Democrats would run Edison and his light bulb out of the country now-a-days.

It's definitely not only the Republicans fault. But mention it to a Republican and your told it doesn't exist or mind your own business. Democrats at least seem to recognize there is a problem.

Can't blame regulations and customer service and tech support moving to other countries. Talk to India lately?

The 29 & 1/2 hr work week is a result of Democrat legislation..

 

[Lumpy 1]

 

[BlindBoo]

A major reason for Detroit’s economic woes is often cited from a review of U.S. 2010 Census data, which notes Michigan lost 48% of all its manufacturing jobs from 2000-2010. The obvious follow-up question is, why?

A major portion of the answer can be found in national reporting concerning the actual effects of NAFTA. When the North American Free Trade Agreement was first signed in 1994, proponents said it would eventually create jobs for the U.S. economy. Nobel Prize winning economist Paul Krugman was at the forefront of the intellectual push for free trade.

Today, however, a growing number of academic research reports contend NAFTA cost the U.S. millions of manufacturing jobs. According to a report by Economic Policy Institute economist Robert Scott, entitled "Heading South: U.S.-Mexico trade and job displacement after NAFTA," an estimated 682,900 U.S. net jobs have been "lost or displaced" because of the agreement and the resulting trade deficit.


Detroit Bankrupt: To See Detroit's Decline, Look at 40 Years Of Federal Policy