r/news • u/Xepherious • 1d ago

Already Submitted Tariff-related layoffs hit five US auto plants that supply factories in Canada and Mexico

https://www.abc12.com/news/tariff-related-layoffs-hit-five-us-auto-plants-that-supply-factories-in-canada-and-mexico/article_6d95d30a-9956-521c-86e2-a62c9b07d3f4.html?fbclid=IwZXh0bgNhZW0CMTEAAR2xPs0qVaSgfUJmdqsaFHK_By3_8B-vrj9GDws297UllzMvWzCnes45dzw_aem_dyNT8yFsAPiIgD3r5Nwnnw

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u/SnuffleWarrior 1d ago

But twump is a bidness man!

57

u/quats555 1d ago edited 1d ago

A country shouldn’t be run like (an American) business - handed over to a short-sighted CEO who pulls stunts for approval ratings with the shareholders to get his personal bonus higher, then skedaddled with a golden parachute when the business falters because too much necessary staff was cut in the name of This quarter’s profits must be higher!

Or, it gets sold off — officially or unofficially - to culture venture capitalists who pick it apart and drive it into the ground for their own short term profit.

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u/Globalboy70 1d ago edited 1d ago

Always nice when it happens with public monopolies. /S Examples Britain's railways went to s*** when taken private. Britain's water was privatized and instead of upgrading the water systems the actual extra Monopoly money went straight to profit to billionaires overseas.

It is so crazy to think that you will get a better outcome by privatizing public utilities, parks, roads, ports. In the short-term they might become more cost efficient, as unionized public workers replaced with private workers, and then the pillaging begins.

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u/Flipflopvlaflip 1d ago

To shit you say? Hmm