On Dec 4, 2:02*pm, "Pete C." wrote:
Buerste wrote:

"Too_Many_Tools" wrote in message
....
On Dec 4, 2:53 am, "azotic" wrote:
One of the country's most important industrial companies says the United
States is not a good place to manufacture and it will continue moving its
assets offshore.

The federal government is "doing everything in [its] manpower [and]
capability to destroy U.S. manufacturing," says David Farr, chairman and
CEO
of Emerson Electric Co., in a presentation at the Baird 2009 Industrial
Conference in Chicago Ill., on Nov. 11. In comments reported by Bloomberg,
Farr added that companies will continue adding jobs in China and India
because they are "places where people want the products and where the
governments welcome you to actually do something. I am not going to hire
anybody in the United States. I'm moving. They are doing everything
possible
to destroy jobs."

In his Powerpoint presentation available on the Emerson Electric Web site,
Farr notes that the federal government is damaging prospects for U.S.
economic growth with a $1.41 trillion federal deficit (10 percent of GDP);
$12 trillion in government debt that will grow to $20 trillion in 10
years;
a policy of printing money; a "non-targeted $800-billion stimulus";
bailouts
for Wall Street and the automobile companies; the prospect for cap and
trade
legislation; a "government takeover" of health care to the tune of more
than
$1 trillion; increasing taxes and regulations; and a "lack of U.S. $
support" for manufacturing. The global stimulus "soon will fade," says
Farr.

http://www.manufacturingnews.com/new...nElectric.html

Best Regards

Tom.

I am passing on a question that I was just asked about this post.

If Emerson will not hire any Americans (" I am not going to hire
anybody in the United States."), why should any American consumer or
business buy a product that contains Emerson content?

Possibly because there isn't any American company that makes the
product?- Hide quoted text -

- Show quoted text -

Ever hear of going without?

And other AMERICAN companies who DO hire Americans do make comparable
products.

TMT