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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 1 of 51

As I understand, Mitsubishi is moving a headquarters, not a manufacturing plant. 

-they will be receiving tax breaks from the state of Tenn, but the amount will not be disclosed...why? Citizens will pay

-they may also receive cash paybacks for training or improvements, which must be reported to public

-have not seen amount for move, or will there be any reimbursement for the move

-wages will be lower, taxes will be lower

 

A basic question to ask once all costs are figured, what will the cost per job be, that the State, then citizens, be paying?

Cost versus benefit

 

Good for all, win-win? I suppose that authoritarian capitalists think so, at least they will win, while many will lose. 

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 2 of 51

@TxGrandpa2 wrote:

@Richva wrote:


The question is actually to ask where the benefit is for the Americans. Certainly it is good for Mitsubishi or they would not be doing it. 


Benefit for Americans?  Jobs for those in that area. Other than that I was under the impression that corporations locate in areas with an available workforce and a favorable business climate.  I didn't realize that this was a social organization not one that in business to make money for its shareholders.

 

Your bringing up benefit for the Americans comes across as socialist.  There is a benefit of providing jobs for the area along with a tax base and economic benefits.



@TxGrandpa2 wrote:

@Richva wrote:


The question is actually to ask where the benefit is for the Americans. Certainly it is good for Mitsubishi or they would not be doing it. 


Benefit for Americans?  Jobs for those in that area. Other than that I was under the impression that corporations locate in areas with an available workforce and a favorable business climate.  I didn't realize that this was a social organization not one that in business to make money for its shareholders.

 

Your bringing up benefit for the Americans comes across as socialist.  There is a benefit of providing jobs for the area along with a tax base and economic benefits.


You are correct they move where they can make the most money. One way to do that is cut expenses and labor is an expense. They can have China type wages there, and a State Govt run by the far right that makes the govt. in China look good. What is the total the State is kicking in by allowing them to avoid Taxes which will be loaded back on the taxpayers of the State. The State will make sure no unions are allowed as that would end this project. In the end Mitsubishi will get just what they paid for Junk. Yes the far right does not understand that when one asks what is the benefit to America that is socialist since the far right has no understanding of that word.

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 3 of 51

@TxGrandpa2 wrote:

@Richva wrote:


Just asking why the American system allows swapping out $15/hour workers for $9/hour workers and what benefit America gets from letting Mitsubisi do this.  Seemed a logical question to me


Why don't you contact Mitsubishi and ask them?

 

https://www.mitsubishicars.com/contact-us


I think I would rather ask the Democratic presidential candidates. Thay have policy driven answers instead of snarky insults to the American people. 

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 4 of 51

@Richva wrote:


Just asking why the American system allows swapping out $15/hour workers for $9/hour workers and what benefit America gets from letting Mitsubisi do this.  Seemed a logical question to me


Why don't you contact Mitsubishi and ask them?

 

https://www.mitsubishicars.com/contact-us

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 5 of 51

@TxGrandpa2 wrote:

@Olderscout66 wrote:


The workers in California are responsible for Mitsubishi's success, but GOPers cheer when those workers are cut free so long as the Corporate Oligarchs make more money.

 

 


"Mitsubishi Motors Corporation is a Japanese multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth-biggest Japanese automaker and the nineteenth-biggest worldwide by production. Wikipedia"

 

How can the workers be responsible for their success when it is a Japanese corporation and a worldwide one?  Are the workers in California also responsible for it being nineteenth biggest based on production?

 

Further doesn't the articles say that it is the North American headquarters that they are relocating?  Has anyone noted that one reason is to be near the Nissan headquarters.  Nissan owns 34% of Mitsubishi, or one-third.

 

It's amusing how some jump up in arms when anything is mentioned that doesn't fit in the socialist liberal philosophy. 


Just asking why the American system allows swapping out $15/hour workers for $9/hour workers and what benefit America gets from letting Mitsubisi do this.  Seemed a logical question to me. 

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 6 of 51

@Olderscout66 wrote:


The workers in California are responsible for Mitsubishi's success, but GOPers cheer when those workers are cut free so long as the Corporate Oligarchs make more money.

 

 


"Mitsubishi Motors Corporation is a Japanese multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth-biggest Japanese automaker and the nineteenth-biggest worldwide by production. Wikipedia"

 

How can the workers be responsible for their success when it is a Japanese corporation and a worldwide one?  Are the workers in California also responsible for it being nineteenth biggest based on production?

 

Further doesn't the articles say that it is the North American headquarters that they are relocating?  Has anyone noted that one reason is to be near the Nissan headquarters.  Nissan owns 34% of Mitsubishi, or one-third.

 

It's amusing how some jump up in arms when anything is mentioned that doesn't fit in the socialist liberal philosophy. 

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 7 of 51

@Richva wrote:

@TxGrandpa2 wrote:

@Olderscout66 wrote:

SOME prices will be lower, but their kids will be getting a crapola education, their lives will be in danger from the punks the NRAGOP insists we arm like a SEAL team, the worry about getting sick with Tn's record on health care and the fact you'll be living like a untermench sub-peon in your "golden years" might take the shine off the wonders of inadequate taxation. Strange GOPers WANT to be placed at the mercy of their Corporate Overlords so they can make Government of by and for The People as small as possible.


Spoken like a true communistic follower.  Someone else who is unclear as to what they are advocating.  Nashville is a center of not only medicine (one of your buddies here has posted he went there for leukemia  treatments)  but education, there is also world class universities.  Davidson County (Nashville) is an adjoining county to where the corporation will be locating.

 

Question is why there is opposition for a corporation relocating from California to Tennessee?  There are businesses relocating from California to Texas also, mainly because of the tax advantages and high cost of living in the Pacific states.


The question is actually to ask where the benefit is for the Americans. Certainly it is good for Mitsubishi or they would not be doing it.  For Americans, the average wages and benefits will go down. The average contribution to the tax rolls will go down. If this were happening in the same county, we would be alarmed. Just because it is happening in the same country, you are cheering.  

 

The moral of the story is that the Regressives believe any increase in the wealth of the aristocracy is a good thing regardless of how it impacts Americans.  Just another sign of how the deck is stacked against Americans. 


The workers in California are responsible for Mitsubishi's success, but GOPers cheer when those workers are cut free so long as the Corporate Oligarchs make more money.

 

Germany ended this nonsense decades ago - if one of their companies wants to move, they OWE their current workforce financial consideration based on how long the worker has served. This is why Daimler didn't relocate to Italy where the workers get 30% less - they'd be paying 170% of current labor costs instead of 70%. So instead of joining the Republican Race to The Bottom, they invested in worker training and improved equipment to keep the German worker cost-competative with the guys at Fait.

 

But GOPersLords want labor costs to go down so profits can go up without any improvement in the process or the product, so that's what American workers get.

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 8 of 51

@Richva wrote:


I don't much care how it "comes across".  It is not Socialist to ask if it makes sense to fire Americans making $15/hour to hire Americans at $9/hour.  I am simply stating that only Mitsubishi is the net winner and we have got find a way for the American economic system to stop cannibalizing Americans for the benefit of the top 1%.


Have you bothered to find out the reason for this move? 

 

https://www.tennessean.com/story/money/2019/06/25/mitsubishi-moves-headquarters-franklin-tennessee-c...

 

There are many reasons given for this move, the main one apparently is its association with Nissan.  But perhaps you should put a stop to it because they didn't get your approval?

 

https://www.google.com/search?client=firefox-b-1-d&biw=1252&bih=543&ei=frIbXZ3sKca0tAa4ya2oAw&q=mits...

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 9 of 51

Were there any reductions or cuts in state or local taxes involved with this move?

Which would cost the local community and benifit Mitsubishi. 

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Re: Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Message 10 of 51

@TxGrandpa2 wrote:

@Richva wrote:


The question is actually to ask where the benefit is for the Americans. Certainly it is good for Mitsubishi or they would not be doing it. 


Benefit for Americans?  Jobs for those in that area. Other than that I was under the impression that corporations locate in areas with an available workforce and a favorable business climate.  I didn't realize that this was a social organization not one that in business to make money for its shareholders.

 

Your bringing up benefit for the Americans comes across as socialist.  There is a benefit of providing jobs for the area along with a tax base and economic benefits.


I don't much care how it "comes across".  It is not Socialist to ask if it makes sense to fire Americans making $15/hour to hire Americans at $9/hour.  I am simply stating that only Mitsubishi is the net winner and we have got find a way for the American economic system to stop cannibalizing Americans for the benefit of the top 1%.

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