Actually, the rust belt of America is retooling with and without union labor. The United States remains the largest manufacturing country in the world, and operations have been expanded to include plants for global markets. Just thinking in terms of North America is so 1980's. Asian manufacturers have flocked to American markets as well.
however you want to ‘spin’ the stats, America has lost 8 million manufacturing jobs since its peak… of course, you quite easily rationalize that to ‘productivity/efficiency’ gains and your favoured increasing ‘shareholder value’. I’ve been through parts of Ohio, Michigan and Pennsylvania… I’ve seen first-hand what your increased ‘shareholder value’ has wrought. As for your suggested ‘retooling’, a most enlightening stat I read is that for the first time in almost 2 decades, last year - 2010, America had a net gain in manufacturing jobs… in the order of ~ 140, 000… apparently, a large segment of those are so-called ‘green jobs’. Bully, hey?
But this thread is about Cat bailing on the CAW in Canada...heh heh....I know you can't help 'merkinizing things.
merkinizing things? I pointed out the initial failure of Harper Conservatives allowing the U.S. foreign investment takeover… and, of course, I pointed out that the extended reach of your favoured ‘shareholder value’ will most likely see the like/equivalent locomotives built in a Mexican Caterpillar factory. Asking you your views on like U.S. manufacturing losses in lieu of your favoured ‘shareholder value’ was simply a logical extrapolation. As always, your personal confidence and identity issues in being an American come to the fore-front. Actually, I was quite taken back with your own overt merkinizing!

ya, ya... so they can build the locomotives in Mexico, hey? By the by, do you view the massive loss of U.S. manufacturing to overseas investments as... like shareholder value? Of course you do!
Why yes...I do. I don't know why one would continue to champion disenfranchising global labor in favor of an unsustainable wage and benefit structure in Canada or the USA, especially when such products are sold around the world. Did the CAW feel sorry for the loss of American union jobs when parts of US operations were outsourced to Canada? I think not....