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Frank Luntz brags about his Vietnamese made shoes on Fox.(Vanity)
Fox and Friends ^
| 7/21/16
| Fox News
Posted on 07/21/2016 4:49:28 AM PDT by central_va
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To: Oldeconomybuyer
That’s right.
The DC Cartel won;t change unless it is forced to.
And the force is Trump.
21
posted on
07/21/2016 5:53:25 AM PDT
by
exit82
(Road Runner sez:" Let's Make America Beeping Great Again! Beep! Beep!")
To: central_va
22
posted on
07/21/2016 5:57:41 AM PDT
by
maggief
To: central_va
made by third world slaves
FWIW, they're highly sought after jobs in their respective countries.
In Honduras for example, the alternative is working the sugar cane fields with a machete......
23
posted on
07/21/2016 5:57:46 AM PDT
by
Hot Tabasco
(If only Hillary had married OJ instead......)
To: exit82
... And the force is Trump...
I hope you’re right, but he’s talking a lot more about raising tariffs, not gutting regulations.
24
posted on
07/21/2016 6:03:34 AM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: central_va
Nike died for me when they signed up Michael Vick as a representative for their products.
25
posted on
07/21/2016 6:17:13 AM PDT
by
xp38
To: central_va
Factory workers in Việt Nam don't qualify for the epithet "slave labor" and they are not, relatively speaking low paid. The Vietnamese are rapidly leveraging themselves out of third world status. The workers on the Nike line all have Japanese scooters and most have decent apartments. They are conscious of their talents and as they become more productive the companies must pay them appropriately lest they get better jobs elsewhere. Việt Nam will become something like South Korea once they make their unfortunate government go away. I suspect that will eventually happen.
To: Oldeconomybuyer
Waiting for the deflationary price reductions on air conditioners... /sarc
27
posted on
07/21/2016 6:22:11 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Mr Apple
28
posted on
07/21/2016 6:23:50 AM PDT
by
sauropod
(Beware the fury of a patient man. I've lost my patience!)
To: Oldeconomybuyer
Ah yes “excessive regulations and taxes” the fig leaf of cover for naked international labor arbitrage. I am all for reducing taxes and regulation but that has nothing to do with offshoring to exploit the different standards of living between the USA and the rest of the of the third world.
29
posted on
07/21/2016 6:31:55 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: ThanhPhero
I do not give crap about the people of Vietnam. I care about Americans. Go Trump!
30
posted on
07/21/2016 6:33:13 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
I’ve been in factories in third-world hell-holes. Even with wage parity, most businesses would continue offshore production rather than fight the US government. I realize you are a lost cause, but taxes and regulations are the root cause.
31
posted on
07/21/2016 6:46:54 AM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Oldeconomybuyer
The average import tariff on foot ware is 20%. The EPA, OSHA, and Treasury Department makes it near impossible for Nike to make their products in America. BS. It's all about the cheap labor. Several years ago while Michael Jordan was still playing for the Bulls, a story came out that Nike was playing Jordan and a few other famous athletes more than all its 30,000 factory workers in Asia.
In the past, I've read that sneakers made in Asia have a production cost of around $8 to $12, probably a little higher now.
Nike has healthy profits margins, and also spends incredible amounts on advertising and all the endorsement deals they make with athletes and teams.
As much as some want it to be something else, the primary reason companies move factories from the US to cheap labor nations is: cheap labor.
32
posted on
07/21/2016 7:07:02 AM PDT
by
Will88
To: Will88
Run a shoe manufacturing business for 5 years, then get back to me.
33
posted on
07/21/2016 7:57:07 AM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: Oldeconomybuyer
Run a shoe manufacturing business for 5 years, then get back to me. Lol, post something intelligent, then get back to me.
34
posted on
07/21/2016 8:29:12 AM PDT
by
Will88
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