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Before Multinational Corporations went Global, their number one customer was consumers and they had to one up each other on quality in order to sale. Many did not have stocks on Wall Street either. A lot of mom and pop business made all kinds of high quality goods in small shops
When trade pacts were created with Third World and Communist Countries, the main customer was no longer the consumer but the suits and shareholders.
And sure enough that is all you hear today on who matters, Shareholders and Owner Profits and the customer is never mentioned.
If you have watched the show "Shark Tank" it illustrates your point. When a contestant pitches a product hoping for a "shark" to fund them, the number one question is how much does the product cost to make after which an investor will talk about how they can get that cost lower. Obviously quality is sacrificed for the sake of profit.
People comparing prices of cars to past for similar model are always doing apples to oranges.
Even a basic car today is a completely different thing than years past. No more oil changes every 3k and regular tuneups, much better quality and performance, safety and convenience features that used to only came in luxury brands, etc.
The threshold sheet sets are the ones I'm referring to - 100% cotton, and they feel good to me. Very easy to get on and off, really appreciate the design of the corners. I've only had them about a year but good so far. They are not the slimy polyester OR the sticky jersey sheets. They're just sheets. I can't remember if we got the ultra soft or the performance. Either way, affordable.
thank you for providing this info
According to Target's site, these are unavailable in my area (why???), but I can find and order them on the internet now that I have the name.
People comparing prices of cars to past for similar model are always doing apples to oranges.
Even a basic car today is a completely different thing than years past. No more oil changes every 3k and regular tuneups, much better quality and performance, safety and convenience features that used to only came in luxury brands, etc.
Modern cars will easily last fifteen years if you drive them moderately and take care of them. I bought my first new car in 1990 (sold it in 2005 to a friend), my second in 1999 (it's still running, and one of my kids now drives it), and my third in 2014 (my spouse and I share it). When I was growing up, my parents bought a new car every three years, mostly because of maintenance issues.
People comparing prices of cars to past for similar model are always doing apples to oranges.
Even a basic car today is a completely different thing than years past. No more oil changes every 3k and regular tuneups, much better quality and performance, safety and convenience features that used to only came in luxury brands, etc.
Yeah, I notice lots more cracked windshields today then before the 80s. And I have seen a couple of cases where the entire front wheel "fell over" like it could not handle the stress of the turn. But computers can adjust themselves so the timing does not get out of tune with the old distributer technology.
But how much have all of the styling changes cost in 60 years.
The Model-T cost $850 in 1908 and $300 in the early 1920s. The improvement in electronics technology could have been made without changing body styles.
And I see we're once again warming up for Perma Bear's regularly scheduled irrational claims about risk of death in places that don't have mild climate....
And I see we're once again warming up for Perma Bear's regularly scheduled irrational claims about risk of death in places that don't have mild climate....
From my experience 100k is toilet paper these days.
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