[central_va]

The cost of labor for any mass produced “widget” is pennies on the dollar no matter where it is made. That is the whole point. We are talking about degrees of the cheapness of labor.

[Zhang Fei]

[The cost of labor for any mass produced “widget” is pennies on the dollar no matter where it is made. That is the whole point. We are talking about degrees of the cheapness of labor.]

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That’s a bigger issue than you might think, since the typical manufacturer basically does just a little better than break even. Rubbermaid’s corporate parent makes pennies on the dollar in a good year, loses the same in a bad.

https://finance.yahoo.com/quote/NWL/financials/