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Originally Posted by diarmadhi
Guess I have to be the devils advocate here.. but if the states where giving "extras" to these foreign companies.. why didnt GM/Ford/DCX jump on the boat and build some plants there? Especially if its such a huge issue....
Personally I just don't see how this article is related (oh and I am in favor of the loan).
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Good Point these are state tax dollars not federal. GM has the same ability to open up plants in these locations as well and recieve the same tax breaks. In fact they often negoitiate retooling a plant for tax breaks and other incentives vs. just closing down and building somewhere else.
Another point to consider is that these states in question are trying to attract manufacturing to boost their economies. Is Michigan doing this as well? Or to put it another way, say you are state "A" and a car company is thinking about opening up in your state vs. another, you have to compete for their business to gain more employment for your citizens.
Should we tell foreign manufacturers not to build here and layoff some more Americans???