Monday, April 17, 2017

Twamponomics

In this clip Reich calls Twamp to task on congratulating Boeing for building its new airliner in their South Carolina plant. Reich lists all of the parts that were built in other countries and explains why Boeing used those foreign parts. Those countries pay better wages and have better pensions and health benefits, so those workers do a better job and produce better parts that function more efficiently, are safer and last much longer. Those countries also have better and free high education and strong labor unions. And yes, they also have higher taxes to pay for having a happier, more well educated and trained workforce that produce better products. They also have much stronger health, safety and labor laws. Boeing of course couldn't give a shit about all that, they just want the best parts. But the above is exactly how you get them.

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