The average hourly pay rate in the state of Washington is $22.32. The average hourly pay rate in South Carolina is $17.33. So Boeing Company has decided to build their new 787 Dreamliner in a North Charleston facility in that Southern state. Of course there is also an incentive package by South Carolina that sealed the deal.
The lesson learned is that free enterprise always looks for ways to lower its cost of doing business. The state of Washington does not own Boeing. There is no pact that requires their allegiance to that state’s population. Lockheed moved from Los Angeles to Atlanta. Technicolor has moved its CD and DVD manufacturing facilities that was located in Virginia and California to Mexico. Many companies have outsourced their manufacturing to other countries.
Let me put this another way. Stock holders are not interested in providing welfare. They are interested in net profit. This too is part of America Incorporated. Any questions?
