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Saturday, November 29, 2008

Korean Automakers Provide American Jobs

$14 an hour jobs to start, 2,500 new jobs for a town that has high unemployment and a stagnant economy. You can't beat that. Kia is building a new factory in the town of Westpoint Georgia.

Kia Motors, the South Korean
automaker
, is building a plant
in town, promising 2,500 jobs
to help replace a textile industry
that has all but vanished. The
locals are excited to have
nonunion work that will start
at about $14 per hour. They
are discovering the joys of
bulgogi -- a different kind of
barbecue -- at the Korean
restaurants popping up.

Capitalism at its best. While the old broken poorly run American automakers run to Washington to beg for a bailout, Korean and Japanese automakers build new plants. The Korean and Japanese automakers are providing American jobs, a quality product and investment in communities that once had no hope of a revived economy. Kind of like Barack Obama's campaign promise, hope and change. Foreign automakers are bringing hope and change. The big three automakers bring, well, higher taxes to pay for the bailout, and a deflated dollar since we don't actually have the money to lend to them.

Across town at Langley Motor
Co., the local GM dealership,
salesman Eddie W. Striblin sat
in an empty showroom that
seemed trapped in another
era. The only car on the floor
was a black-and-gold 1977
Trans Am in mint condition.
The Marshall Tucker Band
played on the radio.

Striblin predicted that,
despite all their troubles,
the Big Three would survive
somehow. Other companies
may have a better business
model, he argued, but no
one delivers the romance of
the road like the Americans.

"Let me ask you a question,"
he said leaning over a clean
desk. "You ever heard of
anybody braggin' on a '57
Honda?" LA Times

Truth be told our kids will not be braggin' on a '57 Chevy, but a 1980 Honda Civic. Just a fact of life, people tend to collect what they grew up with. I have never heard of a company that was able to survive with a poor business model. Survive because of the romance they provide? LOL

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I am J. Michael Warner, Professional Blogger and I mostly write about politics and current events. The following is a list of some of my more popular articles.

1 comments:

Ted said...

On Dec 5 the Supreme Court will either allow or disallow the usurpation of both the Constitution and the Government of the United States — easily the most pivotal decision since our nation’s founding — and the silence of the news media is deafening (if not downright scary).

http://www.youtube.com/watch?v=GqH7rSHcvgU

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