Corporate patriotism-right?
Bump...maybe they finally heard you? :)
It is about (&^$*-ing time.
America is in competition with China.
Except American businesses are currently, selling out to China.
China is not on our side.
Our businesses need to stop selling out America.
BRING BACK AMERICAN BUSINESSES.
For real.
American businesses need to support America.
Just in time to give them to the amnestied illegals.
Does anyone know the credibility of theis Group, and who paid for the "survey"? Just in time for an election "talking point".
By the way unemployment is also dropping, but just don't mention the 92.5 Million that have given up and aren't counted.
Real manufacturing or is this where it’s 98% made in China, from crap, contaminated Chinese raw materials, shipped to the US for the last 2% final assembly, plus a “Made in USA” label?
This isn’t really surprising given the shoddy rip-off quality of many Chinese made goods. For example, there is a very nice design for a combination end table and lamp that’s offered in various configurations by many American distributors, Lowes and JC Penny included. I tried to buy one the really worked. Although a simple design, each was plagued by major manufacturing defects that mostly resulted from shoddy workmanship and cheap shortcuts that devastated the quality of what should be a good, simple product. I had similar problems with lined woolen fatigue sweaters I bought from Gander Mountain, sweaters the had a great design but were shoddily made. All in all, IMHO, the only way an American company can out source to a Chinese “partner” is if the American company rigidly polices that “partner” and has somebody, fluent in Chinese, on scene, to police its interests 24/7. Otherwise an American company is likely to find itself screwed by a rip-off scam designed to look like a legitimate business enterprise.
I hate to say it but 6 years of flat and declining wages has made America comparatively competitive in the private sector. For the sake of taxpayers we need compararable reductions in public sector pay. Start with pension cuts for public employees. The fly in the ointment is Obamacare. It makes employment expensive.
As automation increases and the labor content in goods decreases, mfg will be back in America.
That is assuming that regulatory issues do not chase them offshore.
Shhhhh!!!!! You’ll ruin some people’s raison d’etre!
I can cite another reason, lower cost of input materials. With the fracking boom, many petrochems are much cheaper here now. There is a big growth in plastics production in the USA, the basic building block of most consumer goods.
There’s also the desire to reduce having your company’s intellectual property and trade secrets stolen, and seeing cheap knockoffs/counterfeits of your product appearing shortly after starting Chinese manufacture of it.
I wouldn’t doubt high shipping costs are a big part of this. Most everything moves by truck here, and products probably won’t get cheaper by a fraction even if transport costs drop. Like temporary taxes that never go away,
If things become unstable in China they could go Venezuela in a heartbeat and start expropriating all of their plants.