The closed cokeworks plant at Hazelwood, Pennsylvania
Posted on 02/25/2008 5:28:10 PM PST by shrinkermd
This is a series of slides done by the Chicago Federal Reserve. You can go through them quickly and see some interesting information.
A summary of these slides is as follows:
(Excerpt) Read more at swissbusinesshub.com ...
“And so we should heed the screed of the protectionists...”
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Yes. We should.
Ah, the same federal reserve that tells us there’s no inflation. Awesome! I’m going to celebrate by treating myself to the finest Chinese goods money can buy from Walmart.
And you are basing your whole post on the production of an audio speaker! Do tell! That is almost like staying in the Holiday inn last night.
The loss of manufacturing base isn’t helping the Defense sector.
The USA should begin a 100% tarriff on (all) imported manufactured goods and and all imported oil.
The USA should likewise begin a 100% tarriff on (all) exported food, which can be used in the manufacture of ethanol.
Not only will we become energy independent in about 15 minutes, bring back manufacturing, and obliterate our trade deficit - the tarriffs will raise trillions of dollars almost immediately.
The resulting trillions, should go immediately and fully, to paying off the national debt.
No more tiddly winks. No more dumb USA being taken advantage of around the globe.
Hard ball. Now.
Just do it.
Would cause massive inflation, especially at first. Can’t see the masses going for it.
Have you been to the high-tech parks on the Pearl or Yangtze? Been to the high-tech parks in Suzhou, or Nanjing, or Xiamen, or Ningbo? I have - I go all the time.
What you see are factories with American and EU brands, run and managed by US and EU citizens, building designs from EU and US engineers. Yeah, that’s some “growth” of their own high-tech ability.
You see, I LIVE in China for 1/3rd of my life. I work there, I work with Chinese, US, and EU factories based there. I own a house there. I work during the days and play on the weekends with my Chinese coworkers. The simple fact is that China is - and will be for the next 30 years - considerably behind the US in terms of innovation and high tech.
It’s not because they’re stupid - far from it! It’s cultural. China does not have a culture based on conflict; that is CENTRAL to the development and creation process. It’ll take China at least 2 generations to get it right, just as it did for the Japanese.
And in that time, the US will reinvent itself once again. As long as the government - and those who seek to dominate it from the socialist left or the nationalist right - keep government off the backs of business.
China – the world leading container manufacturer
http://www.shipping-container-housing.com/container-manufacturer.html
Just like American companies, savings in labor winds up in the bank account of the board members and the company officers.
Future projections include increasing manufacturing output with fewer and fewer American employees needed and more and more plants overseas, instead of in America.
FTFY
“What you see are factories with American and EU brands, run and managed by US and EU citizens, building designs from EU and US engineers. Yeah, that’s some “growth” of their own high-tech ability.”
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Yes. And all those factories are joint ventures, and at the end of the day BELONG to the Chinese government.
All of it.
We’ve given away our nation.
Time to stop.
If it means you need to come back and make speakers in Topeka, well then sorry.
You’ll just have to get a real job.
Sweet! Then their profits go back to Germany and Japan and some day China. No wonder the dollar is tanking. Foreign countries hold so many dollars they don’t want more. The use them to buy strategic resources like mines, oil and natural gas. Just wait until the dollar falls by another 50%. The price of all of those strategic assets will double. All of the foreign made crap will cost twice as much. Sooner or later all of those dollars will be used to buy hard assets in this country or somewhere else.
It’s one of a few hundred projects my company does every year. And it’s a lot more common than you think. A speaker that goes into a very high volume laptop, sold from a top-tier US company by the millions. I’d say that’s a good amount of value add to the economy - sell 8 million laptops at $800 a piece, that’s a good little chunk of change.
If you seriously think that you can build a product in ANY single country - and do it cost effectively - you’re out of your mind.
You may have spent too much time there. You’ve become an apologist for our short sited policies and China’s malfeasance, which is constant and growing.
Difficult to believe that those industries are producing enough to make up for all of the other manufacturing that we’ve lost.
No fair, you're asking people to think, when they just want to cry and complain.
Prove it..
The closed cokeworks plant at Hazelwood, Pennsylvania
So you can play little dictator and force ME to work where and how you want? How simply thuggish of you!
Tell you what - you don’t like products not made in America? Go ahead and shop that way. But when you protectionists force your beliefs on the independent businesses of the world, effectively nationalizing the businesses through coercion of the tax, labor, and federal laws, understand you’re no better than Chavez or any other two-bit dictator.
President Thompson, I am John Galt.
So how about you just give me half your money - it'll impact you the same...
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