It's CHINA that's facing financial meltdown and the biggest stock market crash

Daily Mail ^ | 07/08/15 | Simon Tomlinson

[<1/1,000,000th%]

The Obama depression continues to unfold.

[Solson]

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.

[central_va]

It’s true the USA is becoming as cheap as the third world. Do your own research. Learn.

[Solson]

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.

[central_va]

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.

[Solson]

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.

[central_va]

Post the data.

[Jim Noble]

“That’s it and it’s 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?

[central_va]

China vs. the U.S.: It's Just as Cheap to Make Goods in the USA

[central_va]

There are no labor shortages in the tech sector. There are only shortages at the salaries being offered.

[Solson]

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.