In the long term, you might be proven correct. But for now, let my community have one of these plants today, one that is owned and operated by an automaker, and we'll take our chances regarding the future. Toyota itself will internally consume enough batteries to keep that place in N.C. running to one extent or another.
But they don't rank very high in standing among the most highest wages per state. SC is still at the bottom of the ladder when it comes to income per capita.
NC is only approximately $2500 better than SC. Per paycheck that really doesn't amount to much. If you're on a bi-weekly pay schedule, that's only a $96 difference per paycheck, the majority of which will be eaten by taxes.
But, if the wife and husband both work that is $5,000 extra per year. $5,000 per year extra per year is a significant difference in one household. Pro rate that out over 10 years and that's obviously $50,000 per house hold. That could be the difference in whether a child gets to go to college or not or even pay for a large portion of the cost of a college education.NC is only approximately $2500 better than SC. Per paycheck that really doesn't amount to much. If you're on a bi-weekly pay schedule, that's only a $96 difference per paycheck, the majority of which will be eaten by taxes.
Per Capita Income by State 2024
worldpopulationreview.com
SC at $45,314
NC at $47,803
They are both in the bottom 10 in the Nation.
Yes, the gross numbers look great. But when you take increased taxes and increasing obligations each year into account, it's not nearly that much, as I mention above.
I’m thankful that our state attracted those foreign companies. I worked for two of them for several years, making a living and providing for my family.
Yep — and fossil fuels will be needed to make those products and to power those batteries in them.
We all likely have battery powered tools of some kind. It takes some prime mover aside from wind or sunshine to generate electricity to power the battery charging devices.
But Toyota is dropping $1.6 billion into a local economy, that's huge. Does everyone get that! It's not that SC doesn't have other nice facilities but the state does need all the help it can get. Just think, what $1.6 billion could do in some of the poorer areas of SC.
I think people are making the point that we've done well but we can't get them all. N.C has a lot to offer in terms of metropolitan areas alone. Charlotte alone, with its large airport, is something we cannot match. Even many of the businesses we attract are near Charlotte. That state has twice our population, excellent infrastructure, and several airports that offer nonstop flights to the major cities and even foreign countries.
Until they realize how disposal of them is equally bad for the environment.
and the new walmart distribution facility going up soon! can’t wait for 1000 more trucks to head to the wando terminal everyday!
Exactly! SC has still done well for our small little state. I simply don't like it when it's implied that we haven't done so because that's simply not true.
I get your point but I don't think the area of NC the plant is being build has anything on us. To your other point, SC needs to get busy and build the infrastructure needed to compete with NC and GA. We aren't going to beat Atlanta but we can and should be able to compete with a lot of other areas of GA.
Most large companies in poor regions of a state eventually pack up and leave due to an inability to find local workers that are educated and/or skilled enough for employment.
Are you ready to pay the gasoline taxes they pay?
Yep - forgot about them even though I just received a book from them of their 2022 models.
Since I live in NC I'm already paying the gasoline taxes. SC needs to take a look at their roads and make some serious improvements. When one crosses the SC state line from the NC side it's a total embarrassment to see how poorly SC roads are maintained.
Well, if you're already paying for better roads and getting them, that's all a person needs to know right there.
I've lived in NC for 48 years but still consider myself a South Carolinian and want the best for the Palmetto State since I was born and raised in Greenville, SC.
3 plants actually making cars.
But, two of those car manufacturing companies are very small in terms of employees. How many people do the boat manufacturers employee?
Republicans control their legislature. In 9 of the last 10 presidential elections they voted Republican. It's a red state with a Democrat as governor. Like SC they are a right to work state.
It's not just about employment numbers (SC's unemployment rate is less than that of NC btw). It's also about the impact to the local economy. These industries in SC have done a great deal for the local economies that they support, and will continue to do so. As mentioned previously, these plants have also brought supporting industries. The plants assemble the cars. They still have to get parts made. Some are being made local, which again, adds to the economy of the area. Good Lord - just the growth around Nexton/Volvo in Summerville alone is amazing.
