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WASHINGTON: American companies are now moving jobs back from countries like China, Japan and Mexico and India could be next as the White House will soon announce incentives for bringing employment to the country.
According to the information released by the White House, several top American companies have already started moving their jobs from overseas and the process is likely to gain momentum in the coming months once the new policy is announced.
For instance, auto major Fords, instead of adding production for the Fusion model in Mexico, plans to bring that additional work to its Flat Rock plant in Michigan. Ford incidentally has a considerably big presence in India.
Incentives ...Insmentives...how bout just cutting the damn tax rates?
That is your personal theory, and completely off base. No one has proposed to increase H1B quota, and even if they did it would be against to law to pay them 30 cents on the dollar. H1B workers get paid the industry average.
There is certainly wage depression when using H1Bs.
just how are we to do this, when Chinese manufacturers can undercut US companies by 30%-50%?
"The China price." They are the three scariest words in U.S. industry. In general, it means 30% to 50% less than what you can possibly make something for in the U.S. In the worst cases, it means below your cost of materials. Makers of apparel, footware, electric appliances, and plastics products, which have been shutting U.S. factories for decades, know well the futility of trying to match the China price. It has been a big factor in the loss of 2.7 million manufacturing jobs since 2000. Meanwhile, America's deficit with China keeps soaring to new records. It is likely to pass $150 billion this year.
That has been the case, but things are changing in China. My wife is from China, all of her family still live there so we go to visit from time to time. Her brother and some other cousins work in factories, and they know what's going on- the government is trying to bring people up to higher living standards by setting pretty decent minimum wages. Those are in effect now, and while still lower than what factory workers here in the US are making, they are far, far higher than what people in China had earned in factories even just a few years ago- to the point where people working in factories there can make a relatively decent living (not poor living in a hole in the wall, slave labor type as was the stereotype before). The result of that is a quickly rising cost of manufacturing over there. The companies have to pay more, and are now required to give far more benefits to the employees. So now American companies can look at those higher costs, combined with needing to ship the completed items back here to the US and see that maybe it's not a huge difference anymore. This will continue to change as China plans to continue raising the minimum wages, and pay there is rising quickly anyway due to quickly rising cost of living, so it's only a matter of time before people there are earning fairly respectable wages by developed world standards. That can only be a good thing for us here in the US, continuing the tide of companies moving manufacturing back here.
I'm in tech and it's no secret at all about the H1Bs.
Yeah, every IT person knows the score.
People like Einstein's Ghost, however....they love to sit up in their pedantic little world and claim they know all about everything because they had a dinner with a couple of project managers once, even though they don't live here and have no experience with the larger situation as it pertains to IT (particularly amongst the larger companies ala Cisco, Microsoft, Adobe, and the like, who don't even pretend to follow the government protocols for properly obtaining visas anymore).
The "announcement" from WH, along with Obama's appointments of labor leaders is another a political ploy to get votes when his approval rating is going down the tubes. Too bad he didn't march with the unions in Wisconsin like he said he would.
If he was really so concerned with bringing jobs home, he would have done something about it long before this, with unemployment benefits soaring.
You probably did not hear the announcement, but they clearly stated that a lot of the companies are already bringing jobs back, and have been foe several years now.
Contrary to the claims of many posters on this board, the USA is an attractive country to do business again
People like Einstein's Ghost, however....they love to sit up in their pedantic little world and claim they know all about everything because they had a dinner with a couple of project managers once, even though they don't live here and have no experience with the larger situation as it pertains to IT (particularly amongst the larger companies ala Cisco, Microsoft, Adobe, and the like, who don't even pretend to follow the government protocols for properly obtaining visas anymore).
Oh, third person speak, instead of having the guts to participate in a direct discussion. But then, I'm not surprised. "Conservatives" unite.
Now, here's another chance for you to make a point without lying.
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