General Motors is Constructing Four New Assembly Plants..... (Putin, high school, politicians)

[green_mariner]

Uh-huh, so, uh, I'm guessing you don't have a 401(k) plan, don't want one, and don't have any retirement investments, you know, because you're independently wealthy and can afford to live a luxurious life-style on your monthly Social Security check that will probably be cut 32%-36%.

Actually, I'm far from independently wealthy. I'm an unemployed college graduate, who is sick and tired of being turned down for so many jobs. I've also watched my father get laid off a few times, despite having a college degree. I tend to be sympathetic towards the worker because I'm currently struggling with unemployed. I've watched my father get laid off.

One in 10 Jobs Tied to Autos? Not so Fast

It isn't just the automobile companies that got bailouts. Banks got them too.

It tells me you refuse to ask if the data was correctly gathered and uses the same metric, you know, so as not to skew the results for propaganda purposes.

Well, here is my question. Do you have an evidence to refute the statistics on that chart?

[andywire]

Originally Posted by green_mariner

Nike, headquartered in the suburbs of Portland,OR, doesn't make a single shoe in the USA as far as I know. Nike doesn't even own the factories that makes their shoes. They contract the work to factory owners in places like Vietnam, China, and India. Meanwhile, the consumer pays $200 for a pair of Jordans. Nike gets cheap labor and the consumer gets expensive goods in this case.

So don't buy their shoes. Problem solved.

[Roadking2003]

Originally Posted by KRAMERCAT

One reason we need to find cheap low cost labor is because American upper management vastly overpays itself.

Really, are American CEOs 40 times better than their Japanese and European counterparts?

CEO pay has nothing to do with the cost of goods or the location of production facilities.

CEO pay is a non issue. Try something else.

[Roadking2003]

Originally Posted by green_mariner

Nike, headquartered in the suburbs of Portland,OR, doesn't make a single shoe in the USA as far as I know. Nike doesn't even own the factories that makes their shoes. They contract the work to factory owners in places like Vietnam, China, and India. Meanwhile, the consumer pays $200 for a pair of Jordans. Nike gets cheap labor and the consumer gets expensive goods in this case.

So buy another brand.

[green_mariner]

Originally Posted by Roadking2003

So buy another brand.

That is what I plan to do. That being said, don't you think there is something kind of crooked about Nike's business model?

[green_mariner]

Originally Posted by andywire

So don't buy their shoes. Problem solved.

That's the plan. I don't do Jordans.

[bobtn]

Originally Posted by green_mariner

That being said, don't you think there is something kind of crooked about Nike's business model?

No.

When you hand over your cash or credit card, you get their sneakers. At that point, both sides have met their obligation. Nothing crooked about that.

[green_mariner]

Originally Posted by bobtn

No.

When you hand over your cash or credit card, you get their sneakers. At that point, both sides have met their obligation. Nothing crooked about that.

I was talking about how no jobs get created because of outsourcing.

[bobtn]

Originally Posted by green_mariner

I was talking about how no jobs get created because of outsourcing.

And you are wrong. Even w/o production jobs, there are high-paying US based SCM jobs directly tied to importing..globally..and managing that process. There are US based marketing jobs, accounting jobs, distribution center jobs, and finally US retail jobs.

[MIKEETC]

Originally Posted by YAZ

So, opening some plants in China INSTEAD of the U.S. is OK?

If the cars made are for the Chinese market, I see no issue.

[toyota makes cars here for lthe local market and that's not an issue]