Actually you are ill informed. After WWII was over there was only one nation with the manufacturing ability to produce the goods the world needed and wanted, the US. Every other place where those goods could have been made was bombed out rubble. Although efforts to rebuild began quickly that sort of this takes time. They, the other countries, finally got everything back together enough to not only make what their counties needed but enough to export in the mid 70's. They not only no longer needed our goods they were making enough to sell on the open markets and to compete against us. This means that US manufacturing has to be able to compete to sell. Now you make something overseas you have to transport that item here to sell it. This is where cost of production comes into play. Wages are a big part of those costs. Minimum wage laws and the unions both drive up the cost of manufacturing. Even on larger things like steel. For a while mostly union wages drove the cost of steel up that it became cheaper to import it than it was to produce it here. That was in fact largely due to unions. For example: Iron ore was mined by union miners, moved from the mine by union rail worked to ports where it was loaded on ships crewed by union workers by union dock workers. At the end of the voyage it was unloaded again by union workers and again transported on union rail. Then it was turned into steel by union workers. The imported steel came from either recycled steel or from mines in countries without unions. Transporting it to the steel mill, making it into steel, transporting it to the port and loading all again without a union in sight. Most likely on foreign bottom ships with non union crews. The only time a union had anything to do with it was when it was off loaded at an American port. And even after shipping across an ocean it was still cheaper to by than US produced steel. You can say that the stock holders or company owners should take a smaller cut all you want. But consider this, it's their money, that they invested, at risk of going broke, is what created those jobs in the first place. So just why should they invest, create jobs, risk that money for a very small return? The average person doesn't put money in the bank when interest rates are low because of a very poor return. Why should people with money invest with the knowledge that they are going to get poor returns?
Picture this. For an example I live on the Tex/Mex border in the Tex side. I'm building a small factory. I put out for bids to do the plumbing. I get 4 bids from licensed pluming contractors. One a union shop that's 100% legal. One from a non union shop again 100% legal. One from a shop that hires illegals and the last from a Mexican contractor who has the needed licenses in the US and a crew who all have work permits who cross the border daily to work. Who do you think is going to have the cheapest bid?
Another point that bothers me greatly. To my understanding any company that meets the legal requirements can bid on a federal government contract. The catch is that non union companies have to agree to pay union scale should they win the contract while the contract is in effect. This cost us, the tax payer more money than needed for a new building or highway or anything else the government issues a contract for. IMO it should be illegal.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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