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Monday, July 30, 2007

Senator Byron Dorgan (D - Protectionism) Is “Worried” About Jobs Going To South Korea

By Rob on July 30, 2007 at 10:29 am
4 Comments

Here’s a statement from Senator Byron Dorgan about the just-announced sale of one of North Dakota’s most storied companies, Bobcat, to South Korean company Doosan Infracore.

“I was informed this morning by the CEO of Ingersoll-Rand about the sale of Bobcat to a South Korean company called Doosan Infracore.

“I am not surprised that Bobcat was sold because Ingersoll-Rand had previously announced its intentions to sell its Bobcat division.

“However, I am surprised that it was sold to a South Korean company. And I am always concerned about the risk of U.S. manufacturing being moved to low-wage manufacturing facilities in Asian countries.

“I intend to meet with the Doosan representatives next week when they are in North Dakota, and I hope they will make a commitment to keep the Bobcat production facilities operating and expanding in North Dakota in the long term.

“Bobcat is one of the top American brands and the jobs that exist to manufacture the Bobcat products in North Dakota are good-paying jobs with strong benefits. It’s a very important part of our state’s economy, and I hope we will get a commitment from the Doosan Company to maintain those facilities in North Dakota in the long term.”

I think all North Dakotans are a little worried about Bobcat leaving the state, but the solution for that problem isn’t for Byron Dorgan to try and leverage a promise out of Doosan about moving jobs overseas.  What he should be looking at is creating a business-friendly environment - with tax policy, regulations, etc. - that will make it easier for Doosan to keep those jobs in the state.  Because at the end of the day, they’re going to make the decision that’s best for them.  And if they can make more money selling Bobcats by moving all or parts of the operation to different states and/or overseas they’re gonna do it.

To this end, and for the purpose of keeping Bobcat in the state, Dorgan might want to talk to the local steelworkers unions whose recent strike caused former Bobcat owners Ingersoll-Rand to dump several hundred employees.  But he won’t.  Because people like Dorgan always blame “outsourcing” on corporate greed rather than the draconian taxes and labor regulations foisted on business by unions and their political minions.

Comments

Avatar for ews48

That’s kind of like selling Pebble Beach to the Japanese.

Try to buy a South Korean company.

ews48 on July 30, 2007 at 12:05 pm
goon

Rob Said: I think all North Dakotans are a little worried about Bobcat leaving the state, but the solution for that problem isn’t for Byron Dorgan to try and leverage a promise out of Doosan about moving jobs overseas.  What he should be looking at is creating a business-friendly environment - with tax policy, regulations, etc. - that will make it easier for Doosan to keep those jobs in the state

That is the problem the left don’t believe high taxes are the reason they are losing jobs over seas. If anything maybe Dorganoff should wait until the ink is dry on the agreement before him and Ed the Blow Hard Schultz start making accusations on what is going to happen to the company.

I had the misfourtune of listing to Ed’s radio show this morning on the way to Fargo and all Ed was trying to do was get people whipped up and make a bunch of stupid comments about how there should be a law. I am sick and tired of the leftards saying there ought to be a law. Enough with the infringement of government on our daily lives.

check out Goon’s World

http://ndgoon.blogspot.com/

Goon’s North Dakota Red Neck

http://redneckndgoon.blogspot.com/

goon on July 30, 2007 at 01:03 pm
Pomerdorgrad

Ingersoll-Rand is the epitome of a global corporation, with a Bermuda address, for goodness sakes. Why is Dorgan complaining now? Because they’re Koreans?

Dorgan is, of course, opposed to the South Korean FTA that would allow the U.S. to sell more products and ag goods into Korea. Not a great deal—especially for the U.S. auto guys—but it’s progress.

Pomerdorgrad on July 30, 2007 at 01:10 pm
Rob
Rob
17185 comments
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Try to buy a South Korean company.

That South Korea may be a bunch of protectionists is no reason for us to follow the same bad habits.

The war against illegal plunder has been fought since the beginning of the world. But how is… legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay … If such a law is not abolished immediately it will spread, multiply and develop into a system.

Frédéric Bastiat, The Law

Rob’s recently listened-to songs:

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Rob on July 30, 2007 at 01:12 pm
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