Power of Story Send a Tweet        
Exclusive to OpEdNews:
OpEdNews Op Eds

U.S. Job Loses; No End In Sight:

By       Message Mike Folkerth       (Page 1 of 2 pages)     Permalink

Related Topic(s): ; ; ; ; ; ; ; ; , Add Tags  Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 8520
- Advertisement -

Good Morning Middle America, welcome to your King of Simple News Network.

U.S. NEWS: Ford is in the news today as the struggling auto maker gets a lift from its Brazilian operation.

- Advertisement -

The Reuters headline touts “Struggling at home, Ford sees lessons in Brazil.” The scene is set by announcing that poor people driving on poor roads, living in poor houses; work in one of the most modern auto plants in the world. Well, some of them do.

Ford determined that if having very poor people manufacture autos for very low wages and very few benefits, makes the company more money,…then it just goes to reason that having even fewer people employed would make even more money. Brilliant, absolutely brilliant.

- Advertisement -

Chief executive of Ford’s Brazilian and Mercosur units had this to say, “There are several elements of the turnaround in Brazil that really worked as an inspiration for things that are being done in the States,”

These “things” that included canning some 46% of the work force and closing several plants in Brazil, worked so well that Ford came back to the U.S. and has cut 36,000 jobs since 2005 and has scheduled 10 plants to close. Oh joy.

Is Ford at fault for the massive loses that they have sustained? Are they at fault for 36,000 U.S. workers being unemployed? Not entirely. The trade policies ushered in during the 1990s simply allowed cheap foreign competition to enter the market unhampered by U.S. work rules and wages. In simple terms, Ford, GM, Chrysler, and thousands of other manufacturers, mathematically can’t compete; in the U.S.

- Advertisement -

So Ford’s idea is simple and necessary under the present conditions. Fewer plants, fewer workers, more robotics, and larger profits. But what about the workers? We have now entered the era of the “The non-reusable, non-returnable worker.”

Next Page  1  |  2

 

- Advertisement -

View Ratings | Rate It

opednews.com

Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Will Our Economy EVER Recover?

Fox News on Georgian Invasion; Not Exactly What They Wanted:

U.S. Auto Industry is in Recession:

Paradigm Shift; Change Your Life:

Housing Predictions:

Choosing Sides; Who Would You Pick?