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Old 01-12-2019, 11:28 AM
 
Location: ATX/Houston
1,842 posts, read 505,233 times
Reputation: 447

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Quote:
Originally Posted by Supposn View Post
Lieqiang, USA products' shares of global, (including USA domestic) marketplaces are proportionally reducing).

So as the world rebuilt itself and modernized, it is surprising that US manufacturing shares reflects that? US manufacturing post WW2 was an one off event unless we have another world war that doesn't touch the US.
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Old 01-12-2019, 01:05 PM
 
5,594 posts, read 2,482,730 times
Reputation: 2046
!
Quote:
Originally Posted by Ted Bear View Post
I think you are not aware of the economics.


Would you work for $5/day? Then we can make fans and widgets here in America.


Factory start-ups go where resources--labor and materials--cost the least. Labor costs in America are high, and going higher unless we enter the mother of all recessions. This is the effect of locking out our cheapest source of labor (actions have consequences).
The problem is not the high cost of labor but the high cost of living in the USA vs other countries.
Look at the cost of healthcare and housing in the USA vs India for example.

Moderator cut: link removed, competitor site

Consumer Prices in United States are 192.53% higher than in India
Consumer Prices Including Rent in United States are 262.34% higher than in India
Rent Prices in United States are 573.54% higher than in India
Restaurant Prices in United States are 309.06% higher than in India
Groceries Prices in United States are 181.79% higher than in India
Local Purchasing Power in United States is 82.63% higher than in India


You can get a 3 bedroom apartment in India for 150 dollars a month
You cannot do that anywhere in the USA.


If wages dropped to what they make overseas, the poor would be worse off in America than they are in India.

Last edited by Yac; 01-17-2019 at 01:54 AM..
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Old 01-15-2019, 01:19 PM
 
3,545 posts, read 3,333,856 times
Reputation: 8340
Quote:
Originally Posted by J746NEW View Post
!

The problem is not the high cost of labor but the high cost of living in the USA vs other countries.
Look at the cost of healthcare and housing in the USA vs India for example.

Moderator cut: link removed, competitor site

Consumer Prices in United States are 192.53% higher than in India
Consumer Prices Including Rent in United States are 262.34% higher than in India
Rent Prices in United States are 573.54% higher than in India
Restaurant Prices in United States are 309.06% higher than in India
Groceries Prices in United States are 181.79% higher than in India
Local Purchasing Power in United States is 82.63% higher than in India


You can get a 3 bedroom apartment in India for 150 dollars a month
You cannot do that anywhere in the USA.


If wages dropped to what they make overseas, the poor would be worse off in America than they are in India.
A lot of people don't understand these simple facts.

In addition to cost of living, there's the whole diversity thing that is destroying the workplace, something the Asians don't worry about. Now it's considered unjust if a company doesn't have a perfectly balanced mixture of races and genders, including non-binary genders like trans, gay, etc. Instead of hiring the best people for the job, they're hiring the best color or gender. Ridiculous and will backfire bigtime, already has in fact.

Last edited by Yac; 01-17-2019 at 01:55 AM..
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Old 01-15-2019, 04:17 PM
 
433 posts, read 199,318 times
Reputation: 283
Quote:
Originally Posted by blisterpeanuts View Post
... Instead of hiring the best people for the job, they're hiring the best color or gender...
i never worked for a company who cared about color gender but suspect they are out there.



For the few key talent positions a company will choose the best match to the job description. For for more generic positions they my staff on other criteria.


Americans should not aspire for manufacturing jobs.
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Old 01-17-2019, 07:49 PM
 
Location: Metro Detroit, Michigan
12,086 posts, read 13,520,925 times
Reputation: 12899
Quote:
Originally Posted by daprara View Post
i never worked for a company who cared about color gender but suspect they are out there.



For the few key talent positions a company will choose the best match to the job description. For for more generic positions they my staff on other criteria.


Americans should not aspire for manufacturing jobs.

If Americans want to live in a free country, than some Americans do need to be filling manufacturing jobs. Our military depends on it. In the event of a major war, more Americans would be needed to ramp up production and help ensure our military men and women have all the tools needed to win. It worked in WW2. Let's hope WW3 does not happen in our lifetime. But if it does, better to be prepared, because the alternative is not pretty.
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Old 01-17-2019, 08:10 PM
 
Location: Cebu, Philippines
3,010 posts, read 1,094,383 times
Reputation: 5771
There is probably a sweet spot of how much manufacturing is ideal for the economy, which itself would vary according to other factors at home and abroad. The balance of manufacturing would keep adjusting for error. It would be fallacious to characterize an upward correction as "a comeback"..
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Old 01-17-2019, 08:36 PM
 
1,212 posts, read 622,340 times
Reputation: 344
Quote:
Originally Posted by daprara View Post
... Americans should not aspire for manufacturing jobs.
Daprara, why are you so snobbish?

Is it less decent to be a designer, or an engineer, or a lawyer, or a carpenter, plumber, janitor, personnel director, plant manager, or security working for a manufacturer?
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Old 01-17-2019, 09:32 PM
 
1,882 posts, read 652,234 times
Reputation: 1942
Greenville South Carolina is now pretty much the manufacturing capital of North America. The only field in the world that the US isn’t the leader in is Manufacturing, it’s #2, China is a time bomb that is aging, slowing, and insolvent, if we can continue with the economic policies of the past 2 years we can regain our title as the manufacturing leader of the world.
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Old 01-17-2019, 10:00 PM
 
1,212 posts, read 622,340 times
Reputation: 344
Quote:
Originally Posted by cebuan View Post
There is probably a sweet spot of how much manufacturing is ideal for the economy, which itself would vary according to other factors at home and abroad. The balance of manufacturing would keep adjusting for error. It would be fallacious to characterize an upward correction as "a comeback"..
Cebuan, USA's chronic annual trade deficits indicate we purchased more products then we produced. They always reduced our GDP and numbers of jobs more than otherwise.

I'm among the proponents of USA adopting the policy described within Wikipedia's “Import Certificates” article.
It would very significantly reduce our trade deficits of goods while increasing our GDP and numbers of jobs.

The policy does not discriminate among foreign nations, or enterprises, or types of goods. The substantially market driven proposal depend upon the market determined “sweet-spots”; it just doesn't abide chronic great annual trade deficits.
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Old 01-18-2019, 12:16 PM
 
1,882 posts, read 652,234 times
Reputation: 1942
US manufacturing output continues to soar. https://www.bloomberg.com/news/artic...rnd=markets-vp
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