A few years ago I had reason to visit a manufacturing plant in Pickins, SC. (I was making a call to find a bug in a telephone PBX.) While there, the CFO took me on a plant tour. While on that tour I spotted the router that I purchased and use. When I indicated thusly, the CFO asked what I paid for the router. After I told him, he whistled, then said, "My God, more than a 1000% markup. We make them for $7.28 each including parts, labor, and engineering amortization".
Do you have a reason to think I am less than truthful about all of this? I am an American who is anxious to see America stay strong even after I am dead and gone. What possible justification can you have for disposing of experienced American talent?
Interesting story, although I wonder why the CFO lied to you.
Obviously, any US-made product that could be sold at a "1000% markup" could also be profitably exported from the US.
"Off-shoring" just wouldn't make sense.
Interesting story, although I wonder why the CFO lied to you.
Obviously, any US-made product that could be sold at a "1000% markup" could also be profitably exported from the US.
"Off-shoring" just wouldn't make sense.
Interesting story, although I wonder why the CFO lied to you.
Obviously, any US-made product that could be sold at a "1000% markup" could also be profitably exported from the US.
"Off-shoring" just wouldn't make sense.
Interesting story, although I wonder why the CFO lied to you.
Obviously, any US-made product that could be sold at a "1000% markup" could also be profitably exported from the US.
"Off-shoring" just wouldn't make sense.
So, what is surprising here? The goods you purchase in a grocery store cost 10-30% to produce.