tag:blogger.com,1999:blog-5311425.post8037330096338474644..comments2024-03-27T00:13:35.570-07:00Comments on Editorials from Theslowlane: Is property value in Washington chasing Boeing out of the state?Theslowlane Robert Ashworthhttp://www.blogger.com/profile/10082164332880198884noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5311425.post-14070171827603474772009-07-13T15:25:41.387-07:002009-07-13T15:25:41.387-07:00Labor costs can be cheaper in low cost of living a...Labor costs can be cheaper in low cost of living areas.Theslowlane Robert Ashworthhttps://www.blogger.com/profile/10082164332880198884noreply@blogger.comtag:blogger.com,1999:blog-5311425.post-49688641160054673442009-07-10T18:46:31.634-07:002009-07-10T18:46:31.634-07:00I think it is plain economics. If Boeing can get ...I think it is plain economics. If Boeing can get the work force in South Carolina and pay them less money for the same work, then there is more money that drops to the bottom line. And, the bottom line is what it is all about. Boeing is a publicly traded corporation, and they have a board of directors. The board expects the CEO to grow the earnings of Boeing, or, they will get a new CEO who will. So, one way to grow the earnings is to cut expenses. Buy materials smarter, develop labor saving machines to cut costs, and finally move the plant to a state where there is cheaper labor. If it wasn't that they build planes used for defense, the company would have moved its plants to China by now. As for property values, that may be a reason, but it is only one of several factors that gets weighed into their decision.moneythoughtshttps://www.blogger.com/profile/08462893426608294171noreply@blogger.com