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It's CHINA that's facing financial meltdown and the biggest stock market crash
Daily Mail ^
| 07/08/15
| Simon Tomlinson
Posted on 07/08/2015 6:14:46 AM PDT by Enlightened1
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To: Enlightened1
The Obama depression continues to unfold.
To: central_va
No way. Labor costs alone have a huge impact. Then add in government regulations, process and controls, HR costs, etc. - plus - many raw materials also coming from the region, and costs are much lower.
BUT, they can't do anything without American supervision. So while I don't see manufacturing coming back here, I see more and more ex-pats relocating to watch over the production areas.
62
posted on
07/08/2015 11:00:32 AM PDT
by
Solson
(Grand Old Party 1854 - 2010 RIP)
To: Solson
It’s true the USA is becoming as cheap as the third world. Do your own research. Learn.
63
posted on
07/08/2015 11:03:37 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
All I have to do is look at the cost of manufacturing in my own company between plants in the US, Mexico, and China. The USA is not as cheap....at all.
64
posted on
07/08/2015 11:24:42 AM PDT
by
Solson
(Grand Old Party 1854 - 2010 RIP)
To: Solson
I guess you are looking at labor only. Obviously yo know little about manufacturing cost structure. Labor is a small slice of the cost pie.
65
posted on
07/08/2015 11:27:42 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
Actually I’m not just looking at labor. The “all-in” price is far less expensive as well. We have metrics on EVERYTHING. The only area that is cheaper in the US is new product development and prototyping. That’s it and it’s for a very good reason - intellectual development and engineering design is best done in the US.
66
posted on
07/08/2015 11:37:02 AM PDT
by
Solson
(Grand Old Party 1854 - 2010 RIP)
To: Solson
67
posted on
07/08/2015 11:37:48 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Solson; central_va
“Thats it and its for a very good reason - intellectual development and engineering design is best done in the US.”
And the 99% of American workers who can’t do those things? F*** ‘em?
68
posted on
07/08/2015 11:41:08 AM PDT
by
Jim Noble
(Pay no attention to that man behind the curtain.)
To: Solson
69
posted on
07/08/2015 11:41:41 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Jim Noble
There are no labor shortages in the tech sector. There are only shortages at the salaries being offered.
70
posted on
07/08/2015 11:46:24 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
I’m not about to post company data. Suffice it to say, its about 30% less expensive. If it was within 10%, an argument can be made. It’s not.
71
posted on
07/08/2015 11:48:31 AM PDT
by
Solson
(Grand Old Party 1854 - 2010 RIP)
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