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| Volkswagen plant in Tennessee |
Commentary by Jim Spence - President Obama has spent millions of dollars on vicious negative advertising this summer. The "strategy" is to falsely accuse Mitt Romney of engaging in outsourcing while at Bain Capital. Of course the Obama campaign does not mention that one of its chief fundraising buddies, Jonathan Lavine, was at Bain Capital after Romney left and is now Managing Director and Cheif Investment Officer. It was AFTER Romney left that the so-called horrific outsourcing occurred.
The entire dialogue on outsourcing is based on ignorance. Any American questioning the morality or ethics of the practice of outsourcing should have the words, “Economically Ignorant” tattooed on their foreheads.
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| Toyota plant in Kentucky |
Complaining about the practice of so-called outsourcing in Chattanooga, Tennessee won’t fly. Why? The German manufacturer Volkswagen built an out sourced plant there. In doing so, Volkswagen created thousands of new American jobs. The uninformed would say Volkswagen is just an isolated example of outsourcing into America.
Really? How about South Korea's Kia Motors? Kia opened their very first U.S. plant in West Point, Georgia recently. There is always Toyota to consider. After successfully outsourcing manufacturing operations from Japan to Kentucky, Toyota announced plans to build an additional plant near Tupelo, Mississippi. Ironically it is there where Toyota will make anti-outsourcing progressive Democrats favorite vehicle, the beloved high mileage Prius.
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| BMW plant in South Carolina |
Let’s see, are there anymore good outsourcing stories in America? How about Nissan which opened its Smyrna, Tennessee plant more than 25 years ago? Then there is Tuscaloosa, Alabama. There the community benefits every day from Hyundai outsourcing a plant from Korea. In Spartanburg, South Carolina the German automaker BMW decided they had found an ideal place to set up an outsource shop several years ago. Of course, we could also discuss the Honda plant in Lincoln, Alabama. Honda found the same advantages in outsourcing a plant to Alabama that Hyundai did. Perhaps we should return out attention to Nissan and discuss their plant in Canton, Mississippi.
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| Nissan plant in Tennessee |
Are you starting to get the picture? OK just one more. Alabama also attracted Mercedes-Benz to outsource jobs to the state. There is more good outsourcing news for America. More than 1,000 automotive-related manufacturers and many billions in payroll dollars are paid to Americans each week as a result of moves by foreign companies to outsource jobs from other countries to right-to-work states in the southeastern portion of the U.S.
Don’t believe all of the bald-faced political lies. The Obama campaign strategy is designed to continuously promote economic ignorance. Outsourcing is not unethical, it is not immoral, and it is not Anti-American. Americans in every right-to-work state in the nation are ready, willing, and able to compete successfully for jobs.
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| Hyundai plant in Alabama |
What is Un-American is pretending the federal government MUST come to the rescue of companies where ransacking took place for decades by predatory labor unions. The United Auto Workers union engaged in outrageous work stoppages and other strong-armed actions that enabled them to temporarily extort absurd labor agreements from hapless management teams. Eventually it was "union greed" and stupid management that paved the road for these unworthy employer's to go broke.
What is also Un-American is a federal government that ignores the outsourcing stories listed above. Instead of understanding the basics of competitiveness, the Obama adminstration has thrown our taxpayer dollars at closed union shop operations that thought they could get away with building overpriced low quality vehicles forever.
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| Recent photo of section of Detroit |
President Obama and other Democrats will probably successfully fight right-to-work laws, the kind of laws that truly protect both jobs and consumers in blue states. In doing so, they will continue to prevent the long term viability of businesses that attempt to operate in anti-competitive closed shop areas. Why does the president do this with unemployment stuck at depressingly high levels? Simply so he can pocket the electoral votes available in places that refuse to compete.
Until American tax dollars were introduced to the mix, places like Detroit were getting exactly what they had earned. And for several decades American workers in Tennessee, Kentucky, Alabama, South Carolina, and Mississippi have earned the right to build automobiles in “outsourced” plants from overseas. There is nothing more American than competition. And that is the truth about outsourcing.
The Truth About "Outsourcing"
New Mexico Business Weekly - The economy in northern New Mexico and neighboring states “expanded moderately” in June, according to the Federal Reserve’s most recent Beige Book report, which gauges economic conditions. In the Fed’s Kansas City district, which includes northern New Mexico, consumer spending and real estate prices posted gains. Stronger automobile sales and a good start for summer tourism helped boost consumer spending, and sales growth helped to drive higher prices for commercial and residential real estate. Some banks in the district also said loan demand and loan quality were getting better. Despite the gains, expanding drought conditions slowed crop development in the region. Oil and gas drilling remained at peak levels, but were expected to slow as global demand falls. The Fed’s Beige Book report is published eight times a year. The Fed banks gather anecdotal information on local economic conditions, interviewing business contacts, economists and market experts. For more information, check out the report. Read More News New Mexico
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