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Old 10-05-2010, 09:31 AM
 
Location: Texas
4,936 posts, read 7,152,886 times
Reputation: 5512

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Quote:
Originally Posted by jimhcom View Post
We could also alter our trade policies to allow manufacturers in America to compete on a level playing field with low wage countries. It would mean we all have to pay a bit more for the things we buy, but in the long run we revive our economy and strengthen our country across the board. Henry Ford understood this concept when he began to pay his workers $5 a day, which was more than double the average $2 for the day. He understood that people have to make money in order to spend money. It is not a difficult concept, but it will meet with a lot of opposition from the corporations who are making billions off the status quo, at the expense of the American people.
We've inflated ourselves out of a level playing field the last four decades. I don't support tariffs. Our manufacturing went overseas due to rising costs domestically.
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Old 10-05-2010, 10:50 AM
 
Location: San Diego California
6,797 posts, read 6,644,701 times
Reputation: 5180
Quote:
Originally Posted by TexianPatriot View Post
We've inflated ourselves out of a level playing field the last four decades. I don't support tariffs. Our manufacturing went overseas due to rising costs domestically.
Our manufacturing went overseas due to corporate CEO's concentrating on short term profits, and not really giving a damn how it affected the USA. Inflation had little to do with it as inflation adjusted real wages have not increased since 1974. When Levi's closed their manufacturing here and shipped it to Mexico, did you see any difference in their prices? No but the CEO saw his salary go way up, and the stock price increased due to higher profits. All at the expense of American workers.
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Old 10-05-2010, 06:18 PM
 
85,970 posts, read 83,522,039 times
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perhaps if they stayed here they would have had to raise their jean prices and put themselves at a competitive disadvantag to their competitors...they moved the factory, got cheaper labor and held the prices. im not saying thats the case but you dont know that do you?

you need to do your homework better when you throw examples blindly up , correct me if im wrong but levi has been a private company since the very early 80's.... no soaring stock prices ....

http://en.wikipedia.org/wiki/Levi_Strauss_%26_Co.

Last edited by mathjak107; 10-05-2010 at 06:32 PM..
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Old 10-05-2010, 06:24 PM
 
Location: Great State of Texas
86,068 posts, read 76,887,418 times
Reputation: 27652
There's plenty of stories out there about small business that HAS to outsource or use "Made in China" so they can keep their prices competitive with the foreign equivalent.

The world is global and we must adjust if we want to continue to be in the game.
Just cold hard facts.
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Old 10-05-2010, 06:29 PM
 
85,970 posts, read 83,522,039 times
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we had to shift a few times to hold prices on what we manufacture. we shift from china to mexico depending on who is cheaper at any given time. parts are made equally well by both but we do all our own assembling and testing right here in ny.. its the only way we can hold prices = to our competitors.
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Old 10-06-2010, 08:19 AM
 
Location: San Diego California
6,797 posts, read 6,644,701 times
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Quote:
Originally Posted by mathjak107 View Post
perhaps if they stayed here they would have had to raise their jean prices and put themselves at a competitive disadvantag to their competitors...they moved the factory, got cheaper labor and held the prices. im not saying thats the case but you dont know that do you?

you need to do your homework better when you throw examples blindly up , correct me if im wrong but levi has been a private company since the very early 80's.... no soaring stock prices ....

Levi Strauss & Co. - Wikipedia, the free encyclopedia.
So you believe private companies do not have stock? If so you need to do your homework on incorporation. Your argument about having to raise prices had they not moved would indicate some sort of inflation, which you claimed in an earlier post was not happening. Which is it?
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Old 10-06-2010, 08:38 AM
 
85,970 posts, read 83,522,039 times
Reputation: 61738
AGAIN: price increases without us all having extra money to spend doesnt cause the type of inflation levels your all taking about... rises in raw material are being offset with lower labor costs by out sourcing... as long as we dont exceed the usual 2-3% we are all fine...... next topic

nice try getting out of the private company stock soaring...you had no idea you picked a non traded company.....lol

did they call you and give you their private info?
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Old 10-07-2010, 12:58 PM
 
Location: San Diego California
6,797 posts, read 6,644,701 times
Reputation: 5180
Quote:
Originally Posted by HappyTexan View Post
There's plenty of stories out there about small business that HAS to outsource or use "Made in China" so they can keep their prices competitive with the foreign equivalent.

The world is global and we must adjust if we want to continue to be in the game.
Just cold hard facts.
Yes we are adjusting; here are 15 ways we are adjusting......

#1 Approximately 45 million Americans were living in poverty in 2009.

#2 According to the Associated Press, experts believe that 2009 saw the largest single year increase in the U.S. poverty rate since the U.S. government began calculating poverty figures back in 1959.

#3 The U.S. poverty rate is now the third worst among the developed nations tracked by the Organization for Economic Cooperation and Development.

#4 According to the U.S. Department of Agriculture, on a year-over-year basis, household participation in the food stamp program has increased 20.28%.

#5 The number of Americans on food stamps surpassed 41 million for the first time ever in June.

#6 As of June, the number of Americans on food stamps had set a new all-time record for 19 consecutive months.

#7 One out of every six Americans is now being served by at least one government anti-poverty program.

#8 More than 50 million Americans are now on Medicaid, the U.S. government health care program designed principally to help the poor.

#9 One out of every seven mortgages in the United States was either delinquent or in foreclosure during the first quarter of 2010.

#10 Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many as were receiving it in 2007.

#11 The number of Americans receiving long-term unemployment benefits has risen over 60 percent in just the past year.

#12 According to one recent survey, 28% of all U.S. households have at least one member that is looking for a full-time job.

#13 Nationwide, bankruptcy filings rose 20 percent in the 12 month period ending June 30th.

#14 More than 25 percent of all Americans now have a credit score below 599.
#15 One out of every five children in the United States is now living in poverty

Yes we are definitely adjusting.... and we are not finished adjusting either
.
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Old 10-07-2010, 03:29 PM
 
85,970 posts, read 83,522,039 times
Reputation: 61738
believe very little of statistics, .they can show whatever someone wants..

i was watching tv and the commercial said 40% of all accidents involve drunk drivers.... i said see,its actually safer to drive drunk. the other 60% of the accidents are caused by straight people.
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Old 10-07-2010, 04:03 PM
 
Location: Chino, CA
1,458 posts, read 3,060,156 times
Reputation: 555
Quote:
Originally Posted by jimhcom View Post
Yes we are adjusting; here are 15 ways we are adjusting......

#1 Approximately 45 million Americans were living in poverty in 2009.

#2 According to the Associated Press, experts believe that 2009 saw the largest single year increase in the U.S. poverty rate since the U.S. government began calculating poverty figures back in 1959.

#3 The U.S. poverty rate is now the third worst among the developed nations tracked by the Organization for Economic Cooperation and Development.

#4 According to the U.S. Department of Agriculture, on a year-over-year basis, household participation in the food stamp program has increased 20.28%.

#5 The number of Americans on food stamps surpassed 41 million for the first time ever in June.

#6 As of June, the number of Americans on food stamps had set a new all-time record for 19 consecutive months.

#7 One out of every six Americans is now being served by at least one government anti-poverty program.

#8 More than 50 million Americans are now on Medicaid, the U.S. government health care program designed principally to help the poor.

#9 One out of every seven mortgages in the United States was either delinquent or in foreclosure during the first quarter of 2010.

#10 Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many as were receiving it in 2007.

#11 The number of Americans receiving long-term unemployment benefits has risen over 60 percent in just the past year.

#12 According to one recent survey, 28% of all U.S. households have at least one member that is looking for a full-time job.

#13 Nationwide, bankruptcy filings rose 20 percent in the 12 month period ending June 30th.

#14 More than 25 percent of all Americans now have a credit score below 599.
#15 One out of every five children in the United States is now living in poverty

Yes we are definitely adjusting.... and we are not finished adjusting either
.

Yup, and deflation is the answer?

Sure worked out really well for US in 2008/2009...
http://data.bls.gov/PDQ/graphics/CUSR0000SA0_123653_1286484904094.gif (broken link)
Unemployment:
http://data.bls.gov/PDQ/graphics/LNS14000000_84760_1286485182270.gif (broken link)
U.S. Bureau of Labor Statistics

Maybe we should try some more Deflation?

Deflation sounds "romantic"... but I wouldn't want to be working during one. Deflation sure didn't work too well for US during the Great Depression:

http://www.gold-eagle.com/editorials...man021209.html


You can't have a growing nation or even a growing population without at least some inflation.


-chuck22b

Last edited by chuck22b; 10-07-2010 at 04:12 PM..
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