What has this administration done regarding U.S. Aerospace companies closing the doors and moving overseas?
Aerospace is an industry that Americans can be proud of. This year alone it has been announced companies like Honeywell, MOOG, ATK and Boeing have scaled down or even closed to move production overseas. When NAFTA was signed in the mid 90s we were told the high tech jobs would stay in America. We were lead to believe that the overseas countries would produce the cheap stuff (low skill set jobs) and we would produce the high tech stuff. Ultimately we would trade with their country's economy and everyone will benefit. We are not talking about low skill set jobs in Aerospace but high skill set jobs that take years to master. Overseas nations are obtaining these skill sets and their younger generation will be able to start their own Airplane companies and possibly surpass American companies. Obama is a busy man but it concerns me he has not address the fact that businesses are still moving at the rapid rate they were when Bush was president. Why has there not been much effort made by the current administration? Americans believe in working union possibly because they don't trust big corporations to treat people with the rights they believe in. American politicians such as Biden probably feel the same but why do they look the other way when we continue to do trillions of business with countries who do not share the same thoughts towards human rights? Personally I'm disappointed in this administration who promised change. The Democrats have all the power they need and so far they have ignored the companies leaving day by day.
Asked By: - 10/8/2009
Best Answer - Chosen by Asker
Thankfully, Gulfstream is still right here in Georgia... More
Answered By: smellyfoot ™ - 10/8/2009
Additional Answers (4)
Answered By: Lisa - 10/8/2009
Why wouldn't a company go overseas if it is cheaper to do labor there? If you want companies to stay in America, end the income tax, end minimum wage laws, and end laws that stifle competition.
Answered By: Thelastninja - 10/8/2009
Sadly there is a deep and ongoing decline in domestic talent and the costs are too high here. This trend started way before Obama. In fact the first to pave the way was Cisco systems under Bush and it's all been downhill from there.
Answered By: alexandriaferrari1 - 10/8/2009
Obama has done nothing about saving jobs, let alone creating jobs. But don't blame just him. Most politicians don't care about this kind of thing because the owners of these companies just pay them off. This is why I think more people should register independent and start voting out career politicians... More
Answered By: M B - 10/8/2009
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