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Article #8113

Re: RCA CLOSING US PLANT DUE TO NAFTA

#8113
From: Danny Low
Date: Tue, 23 Sep 1997 00:00
22 lines
1845 bytes
>>MrKablooey � wrote:
>>       What really toasts my buns is when an American company moves its
>>assembly plant to another country, thus cutting it's labor costs to
>>one-fourth or less of what it was before, but doesn't lower the price to
>>the consumer. That's cheating. Any business is entitled to a fair
>>profit, but not the obscene loot they're stealing from the American
>>public.
>>Cordially,
>>--Dave

Do you have a source that show that the labor cost in Mexico is 1/4 of the USA? 
Do you have a source that shows that business profits are "obscene"? Define 
"obscene" profits? Grocery stores have a GROSS profit margin of 1%. Is that 
obscene? 

-- 
                              Danny Low
                                HP NSD 
                           Danny_Low@hp.com
             "The only good vampire is a dead vampire"
              
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From: dlow@ppg01.sc.hp.com (Danny Low)
Subject: Re: RCA CLOSING US PLANT DUE TO NAFTA
Date: 1997/09/23
Message-ID: <608t57$64j@hpscit.sc.hp.com>
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