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“I know of one company, and only one at this point, that has moved their manufacturing operations from China to Africa. I thought that would be the tipping point, but that was six years ago and I know of no other customer of ours that has moved its manufacturing from China to Africa,” Hickey noted.
With factory wages rising in China and other parts of Asia, some multinational companies are considering to move their production plants elsewhere in world.
Manufacturing accounts for a very small proportion of GDP in most Sub-Saharan African countries,” said Ann Bernstein, executive director of South Africa’s Centre for Development and Enterprise. Manufactured goods currently constitutes only 14% of Africa’s exports. Even in South Africa, the continent’s industrial powerhouse, manufacturing has declined significantly since its peak in 1981 and its contribution to the total economy is now just 15%.
It would be ironic if it is President Romney that gives Africans the opportunity to join the middle class and not Mr. Obama.
How about giving American's the chance to join the middle class first? Would that be asking too much of an AMERICAN President?
Yeah I used to believe in that too but then I thought about it...
At least 70 million Americans shop at Wal-Mart in any given month.
Each time a cash register rings up at Wal-Mart (or Best Buy or JC Penny's) that is an American yelling out a hardy "F*** Y**!" to the American manufacturer.
In other words, Americans vote everyday with their wallets for the foreign factory worker by obsessively searching for the lowest possible price so why fight what America truly wants?
So since we as Americans don't care where our products are made so long as they are ultra-cheap then why not move manufacturing from high cost China to super low cost Rwanda or Somalia or Ethiopia or Democratic Republic of the Congo or Tanzania?
If you are earning $2 per day now then $10 per day is a huge raise.
Location: In a Galaxy far, far away called Germany
4,300 posts, read 4,408,318 times
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Only if things don't melt and they aren't owned by the USA, Britain, France, Germany, Israel, Australia, New Zealand, . . . really, any country that isn't muslim. Because, if it was owned by a non-muslim company - JIHAD baby!!!! Perhaps the lower Sub-sahara. But the upper-to-middle has a growing extremist Islamic plague.
Only if things don't melt and they aren't owned by the USA, Britain, France, Germany, Israel, Australia, New Zealand, . . . really, any country that isn't muslim. Because, if it was owned by a non-muslim company - JIHAD baby!!!! Perhaps the lower Sub-sahara. But the upper-to-middle has a growing extremist Islamic plague.
What does Islam and manufacturing have to do with one another?
Malaysia is another heavily Islamic manufacturing powerhouse.
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,381,135 times
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Quote:
Originally Posted by clb10
Yeah I used to believe in that too but then I thought about it...
At least 70 million Americans shop at Wal-Mart in any given month.
Each time a cash register rings up at Wal-Mart (or Best Buy or JC Penny's) that is an American yelling out a hardy "F*** Y**!" to the American manufacturer.
In other words, Americans vote everyday with their wallets for the foreign factory worker by obsessively searching for the lowest possible price so why fight what America truly wants?
And how much of that was caused by American manufacturers saying F***Y** to the American worker and sending those jobs overseas to increase the bottom line?
And how much of that was caused by American manufacturers saying F***Y** to the American worker and sending those jobs overseas to increase the bottom line?
The corporations were forced to go overseas because the consumer decided that American-made products were too expensive even if they supported working families and were of much higher quality.
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