 Toyota will build Highlander in Miss. plant -- and maybe more
On Feb 27, 6:31 pm, "dbu," <questionm...@pine.com> wrote:
> Ok, I didn't know about the GM plant in Ms.
>
> Toyota is doing really well and providing jobs, benefits also? GM and
> Ford on the other hand are in trouble. Just curious, how much does a
> union line worker make per hour?
The point is, that Toytoa pays significantly less in wages and
benefits than Ford or GM. There are far fewer dollars of "American"
labor in a Toyota car than one from Ford or GM. If the US protected US
companies the way the Japanese protected Toyota for 75 years, then you
would most likely not be buying Toyotas. Instead you would be buying
Fords, or GMs, or Chryslers. In that case most of the labor expense
would be going to US workers and pumped directly back into the US
economy. When you buy a Toyota, even a "US assembled" Toyota, a
smaller percentage of the purchase price goes directly back into the
US ecnomy, more is siphoned off to Japan. Maybe this is fine with you.
It worries me.
Here is an interesting tidbit - in the early 20th century, Ford had
more than 50% of the Japanese car market. The Japanese Government
stepped in and forced Ford to stop selling cars in Japan. Where do you
suppose Toyota would be today if the Japanese governement had allowed
foreign companies to wipe out Japanese competitors the way the US
government is willing to allow foreign companies to wipe out US
companies today?
Ed | 
