Quote:
Originally Posted by rp001
Good riddance. Now get the corporate monies repatriated or they can leave too!
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Most U.S. companies that move off shore or move jobs off shore are chasing expanded profits. At first that sounds greedy and disloyal.
However, you need to remember that most companies that do so are publicly held corporations. The stockholders drive this constant demand for ever increasing profits, often at the expense of long-term investments and R&D.
Important to note that if you have investments in funds, pensions, UNION PENSIONS, you have contributed to sending jobs and corporate tax revenues overseas.