Posted on 08/05/2019 1:02:16 PM PDT by SeekAndFind
Basic math, an iphone is $800 retail. So a 40 dollar increase as a percent is $40/$800 = 5%. I nailed it!
RE: I have shown you but you throw made lies in my face. Prices would DOUBLE if made in the USA? LOL That’s a winner.
LIES huh?
Let’s look at clothing....
Clothing costs could increase even more than that of electronics if they were manufactured in the US. For a device like the iPhone.
Why? because the majority of the cost is in the materials that go into it. But materials for shirts and pants are cheap — the LABOR makes up a higher portion of the cost of production.
That’s why apparel companies have shipped manufacturing overseas.
If you look at labor rates around some of the really cheap areas, Vietnam is like $2.50, and Bangladesh is like $1.80 an hour. By comparison, IHS’ analysts calculate the labor rate in the US at $25-$30 per hour (a number that takes into account costs beyond an employee’s wages).
So even if there’s an hour worth of labor in a blouse or a men’s shirt, now you’re talking about a $25 buck difference per piece.
SEE HERE:
That logic is reflected in “Made in the USA” lines sold by various US clothing companies.
Levi’s “Original fit selvedge jeans” cost around $128. But the selvedge jeans of the same fit from the company’s “Made in the USA” collection, which uses premium denim from Cone Mills of North Carolina, were listed online for $348. (As of writing they’re on sale for $104.90, however.)
I haven’t even mentioned the cost of TV’s and Sneakers.
RE: Basic math, an iphone is $800 retail. So a 40 dollar increase as a percent is $40/$800 = 5%. I nailed it!
NOT SO FAST. That one assumes that NOT ALL COMPONENTS ARE MADE HERE. That price assumes that most components were sourced GLOBALLY.
But that is not what you want to argue, you want EVERYTHING, components and all, MADE HERE with no foreign input.
THAT, according to a Market research would push the cost up by about $600.
Cars are good to use as an example because there is some info on labor costs. The rule of thumb is it takes about 30 man hours to make a sedan ($30,000 at retail). This is pretty universal thruout the industry. So at say $50.00/hr the labor PER CAR would be $1,500. At $100.00 the labor would be $3,000. Now lets pay Mexicans $5.00/hr to assemble a car. The labor bill comes in at $150 per car. So depending on your US labor figure that you use you save anywhere between $1350 to $2850 PER CAR. Expressed as a percent of retail 1350/30,000 ( 4.5% ) to a high of 2850/30,000 (9.5%). WE ARE A LONG WAY FROM DOUBLE!!! LOL!!!!!!!!!!!!!!
1) OK, but based on your policy, you want ALL CARS made in the USA, I assume even for those that are consumed in Asian countries.
How much would this cost in THEIR respective countries, and what would it do for the competitiveness of our brands as opposed to them assembling our cars OVER THERE and selling them domestically OVER THERE?
So, Mexicans can only buy cars MADE IN THE USA and not make them in Mexico to sell within Mexico by your lights.
2) You don’t seem to think that $2,850 per car affects the bottom line of the average consumer at all.
Wouldn't the majority of people who take social security be leaving the paying population at a higher salary than those who are younger and still paying in, meaning they haven't reached their caps yet?
-PJ
You are dodging the issue.
The difference is that you resort to ad hominems and name calling when people disagree with you.
-PJ
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