I've closed factories in Mexico and brought those jobs back to the United States. I've closed factories in Canada and brought those jobs back to the United States.
The question for so many is the quality of work, the future of work under globalism and de-industrialization. A typical example is a person who had a good factory job making 80,000 dollars, with health insurance, who was able to send his kids possibly to college and then he or she suddenly loses that job because the factory closed down. And now that same person is bagging groceries at Walmart and making $35,000.
The law, right now, permits companies that close down American factories and offices and move those jobs overseas to take a tax deduction for the costs associated with moving the jobs to China or India or wherever.
The two words, in the American lexicon, are never good. Pink slip. The first time I ever heard it when I was young was when Kaiser Steel handed out pink slips to many of my neighbors and relatives. Layoffs were about efficiency, sales figures for raw materials or refrigerators.
... the industrial equivalent of capital punishment.
Describing the hiring of replacement workers in a strike:
… failing factories
For too long, a small group in our nation's capital has reaped the rewards of government while the people have bore the cost. Washington flourished, but the people did not share in its wealth. Politicians prospered but the jobs left and the factories closed.
The political establishment has brought about the destruction of our factories, and our jobs, as they flee to Mexico, China and other countries all around the world. Our just-announced job numbers are anemic. Our gross domestic product, or GDP, is barely above 1 percent. And going down. Workers in the United States are making less than they were almost 20 years ago, and yet they are working harder.
We've got people, our friends and neighbors, who are losing their jobs, factories being closed. We have to get America moving again.
You can fire your workers, close your factories, export your jobs overseas, and get a tax deduction for doing it.
By the time I was leaving school, there were no factories. There was no industry.
What really is happening, is the word is now out, that when you want to move your plant to Mexico or some other place, and you want to fire all of your workers from Michigan and Ohio and all these places that I won, for good reason, it's not going to happen that way anymore.