alt.politics.economics

"Bob Eld" wrote in message
news: $ @ ...
>
> "Other People's Money" wrote in message
> news:13gara4rsqakbd9@ ...
>> GE to Cut 1,400 Jobs, Close Plants
>> /apps/news?pid=20601103&sid=a907lSu0ABYA&refer=us
>>
>> Oct. 4 (Bloomberg) -- General Electric Co., founded by incandescent
>> light-bulb developer Thomas Edison, plans to cut about 1,400 jobs
>> at its lighting division as the company closes plants amid a consumer
>> shift to more energy-efficient fluorescent lamps.
>>
>> About 425 jobs will be eliminated in Ohio, where GE will shut six of
>> its 26 . lighting factories, according to a list provided by
>> spokeswoman Kim Freeman.
>>
>> The company also will close a plant in Rio de Janeiro, eliminating
>> 900 jobs and ceasing all lighting operations there. Some work
>> will be transferred from Mexico and the . to other GE locations,
>> affecting 80 additional employees.
>> ____________________________________________________
>
> I guess the flourescent lamps are made in China?
>
> It's OK we don't need no stink'n American jobs.

If you want to work for 5 dollars a day, go ahead - it's your perfect right
to compete with the Chinese.
I thought the US was all for capitalism and global free trade.