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Old 07-08-2010, 03:03 PM
 
Location: Planet Eaarth
8,954 posts, read 20,674,468 times
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Once lifted up out of poverty most people start to want a fair share of the profits they earn for the companies they work for......

SHANGHAI — Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world's factory floor.
A series of strikes over the past two months have been a rude wakeup call for the many foreign companies that depend on China's low costs to compete overseas, from makers of Christmas trees to manufacturers of gadgets like the iPad."


Companies Brace For End Of Cheap Made-in-China Era - CBS News (http://www.cbsnews.com/stories/2010/07/08/ap/business/main6658453.shtml - broken link)

The really good news here is that some manufacturing is being brought back home to the U.S. .
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Old 07-08-2010, 03:09 PM
 
Location: Virginia Beach, VA
5,522 posts, read 10,195,911 times
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Do you honestly think they wont move on to the next cheap labor country? Most of Africa is dirt poor, and there are still other Asian and Pacific rim countries to be exploited.
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Old 07-08-2010, 03:10 PM
 
Location: Copiague, NY
1,500 posts, read 2,799,465 times
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Really good news? If it takes as long for our leaders to bring back those jobs, as it took to outsource them,
I strongly suspect that it will mean little more than moving my body from the unemployment line to the cemetery.
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Old 07-08-2010, 03:21 PM
 
12,017 posts, read 14,316,716 times
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There is already new job creation here, although it's mostly in the right-to-work states in the south:

Rural outsourcing helps Arkansas compete with India - Jul. 8, 2010

American made ... Chinese owned - May. 7, 2010
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Old 07-08-2010, 03:27 PM
 
Location: San Francisco, CA
15,088 posts, read 13,445,686 times
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Quote:
Originally Posted by Tightwad View Post
The really good news here is that some manufacturing is being brought back home to the U.S. .
Haha! As if. The jobs will go to the next cheap up-and-coming country in Asia. Don't kid yourself; the vast majority of those jobs are never coming back here.
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Old 07-08-2010, 03:37 PM
 
Location: Planet Eaarth
8,954 posts, read 20,674,468 times
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Quote:
Originally Posted by ambient View Post
Haha! As if. The jobs will go to the next cheap up-and-coming country in Asia. Don't kid yourself; the vast majority of those jobs are never coming back here.
Being rather pessimistic don'tcha think?
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Old 07-08-2010, 05:36 PM
 
Location: Oregon Coast
1,845 posts, read 6,853,238 times
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I'll be glad not to see so many things made in China.
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Old 07-08-2010, 06:43 PM
 
13,811 posts, read 27,438,544 times
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Companies are actually moving jobs to Vietnam now.
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Old 07-08-2010, 07:05 PM
 
3,650 posts, read 9,210,087 times
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Quote:
Originally Posted by Tightwad View Post
Being rather pessimistic don'tcha think?
No, realistic.
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Old 07-08-2010, 07:11 PM
 
Location: Sinking in the Great Salt Lake
13,138 posts, read 22,806,250 times
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Quote:
Originally Posted by Randomdude View Post
Do you honestly think they wont move on to the next cheap labor country? Most of Africa is dirt poor, and there are still other Asian and Pacific rim countries to be exploited.
Very true. All of Walmart's cheap crap will be stamped "Made in Mali", but otherwise it will stay the same.
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