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Joined: Feb 2003
Posts: 4,220
Hard-core CEG\'er
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Hard-core CEG\'er
Joined: Feb 2003
Posts: 4,220 |
Originally posted by LilRedRocket: Originally posted by 04marauder: What about the workers' money? That stays here doesn't it?
Point earned.
But, it still has a greater impact on fueling the foreign economy with every purchase.
Most, if not all, of the major foreign automotive companies operate seperate subsidiaries here, so their income is still taxed by our government. So we're not missing out on the federal tax revenue.
So we're left with profit and the investments the companies make into the economy and job creation.
By far the vast majority of the capital investments made by Japanese automakers have been in the US. Nissan, Toyota, Honda, etc; they're all building manufacturing and assembly plants as fast as they possibly can in the US. Their Japanese facilities are upgraded but dollar-for-dollar, most of their money is going outside their nation. Meanwhile Ford and GM, et al; are putting their money into Asia and Mexico and creating jobs there.
It's just the nature of the beast. You're not going to be investing lots of capital into your own domestic market that you've been in for 50+ years because you've likely long ago saturated it. The only thing you're likely to be doing is making it more efficient, which usually means cutting jobs, so that you generate sufficient profits to further enhance your international business.
So the option is to "Buy American" -- and very likely buy mostly Mexican parts, assembled by Mexicans, with the profits going back into Mexico or China. Or "Buy Japanese" -- and likely buy something mostly made from US parts, assembled here in the US, with the profits largely coming back into US.
Or you could just buy whatever the hell you want to and not worry about who makes it.
2003 Mazda6s 3.0L MTX
Webpage
2004 Mazda3s 2.3L ATX
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