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Originally Posted by Army_of_One If the market will let them sell their premium product for a higher price and they can still move that product then I guess the market forces have an impact on that. [snip]Sounds like they are using globalization to increase their profits. Is that a bad thing? |
Your assertion was that the greedy liberal unions demands for wages were the cause of jobs going overseas. In this case a non union plant was shut down and production outsourced over seas. As the plant was relatively small the numbers of workers displaced did not register more than a blip on the reporting scale.
As to being good or bad, frankly it depends if you're someone who lost their job or had equity. In this business case model, the company may now be dropping the line because instead of a highly sought US made hand crafted piece of equipment in a high margin, low volume business is now being compared to the equipment coming from Asia which typically costs as low as 25% of this product when relabeled and sold through Cabela's or outdoor world.