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If a plant in a small town is closing and will cause economic hardship, should this play a role in the regulatory enforcement

2007-08-23 02:56:49 · 3 answers · asked by Anonymous in Politics & Government Law & Ethics

3 answers

Nope, when I was a kid, they closed the plant. Seems the unions were demanding too much. If the company can't turn a profit, it shouldn't be forced to remain open at a loss, nor should it be held liable because it's employees were directly and indirectly involved in its demise.
To force it to stay open, suggests government intervention (loans or grants). From where would the money come? Taxes?

2007-08-23 03:26:06 · answer #1 · answered by Doc 7 · 0 0

No. However, special consideration should be given to the employees of the plant . . . no interest college loans, moving allowances, financial help on mort. We should certainly make all efforts to help the employees of the plant during a difficult transition.

2007-08-23 03:04:30 · answer #2 · answered by CHARITY G 7 · 0 0

It shouldn't but I'll bet it does.

2007-08-23 03:12:59 · answer #3 · answered by Paul S 5 · 0 0

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