On top of transferring production of Volvo’s EX30 and EX90 models to Belgium, the carmaker may also move assembly of some Volvo models bound for the UK.
But what I am saying is there are towns that were industrial powerhouses that now is full of unemployment. Things like microwaves and TV are going to be cheaper now whether they were made in country or out. I’m not saying that everything needs to be made in the country I’m just saying you aren’t going to convert an entire workforce to do finance. I’m not convinced completely free any open trade is right.
There are some people out there that are best off doing factory work, or whatever, and then could be better for the country to have workers being paid 1100 (100 more than in other countries) but that person has in income of 1100 and isn’t taking let’s say 500 from the government.
From a business point of view going from wages of 1100 to 1000 is better. But from a country point of view 100 saved to wages isn’t worth the 1000 in salary and GDP loss and the extra cost of the 500.
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I agree with everything you said.
But what I am saying is there are towns that were industrial powerhouses that now is full of unemployment. Things like microwaves and TV are going to be cheaper now whether they were made in country or out. I’m not saying that everything needs to be made in the country I’m just saying you aren’t going to convert an entire workforce to do finance. I’m not convinced completely free any open trade is right.
There are some people out there that are best off doing factory work, or whatever, and then could be better for the country to have workers being paid 1100 (100 more than in other countries) but that person has in income of 1100 and isn’t taking let’s say 500 from the government.
From a business point of view going from wages of 1100 to 1000 is better. But from a country point of view 100 saved to wages isn’t worth the 1000 in salary and GDP loss and the extra cost of the 500.