Thursday, June 11

U.S. auto industry doing well

Provided you include BMW, Honda, Hyundai, Kia, Mercedes, Mitsubishi, Nissan, Subaru, and Toyota.

Reuters:
[..] in the last decade, car manufacturers have selected southern states for new plants due to lower labor and energy costs, cheaper land, state subsidies, a lower tax burden and -- significantly -- the absence of unionized labor.
You think?

Ah, federalism's 'laboratories of democracy': they show what works. Hurrah for globalization and right-to-work states.

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