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Obviously, nobody is going to move a state of the art facility that cost billions just because their labor costs went from 'nothing' to 'almost nothing.' What
by linuxftw 6y ago
Obviously, nobody is going to move a state of the art facility that cost billions just because their labor costs went from 'nothing' to 'almost nothing.'
What it will do is prevent more things from leaving the US to go to Mexico.
Me being a cynic, I'm fully expecting the employees will have to return some of that cash via forced employee dormitories and such, but we'll see.
- gscott 6y agoPlus paying a person in Mexico $16 an hour is still 50% cheaper then paying an American $16 an hour.
- renewiltord 6y agoIs that payroll tax and stuff like that? Or something else?