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HERE is a symbol of China’s assault on the American economy: the Verrazano-Narrows Bridge, which connects Brooklyn and Staten Island. This landmark, which opened in 1964, is North America’s longest suspension bridge. It’s also in urgent need of renovation. Unfortunately, $34 million in steel production and fabrication work has been outsourced to China.
HERE is a symbol of China’s assault on the American economy: the Verrazano-Narrows Bridge, which connects Brooklyn and Staten Island. This landmark, which opened in 1964, is North America’s longest suspension bridge. It’s also in urgent need of renovation. Unfortunately, $34 million in steel production and fabrication work has been outsourced to China.
they will regret it.!! china will use the crappiest steal they can make
Very sad to see this $_hit going on. I work in the auto industry, on the E&D side of it. Mostly plastic injection molded parts. We have a directive to outsource our tooling, not because its less expensive (because it isn't)but because some of the shops that we've helped set up are sitting idle. Then once the tools get here, they usually have to be fixed at a very high cost because they weren't built right to begin with or components have failed due to crap steel. In the end it costs more , just like offshoring designs did but the bean counters and managment seem to be able to hide those costs.
The real price is in the fact that 90% of product manufactured in China will end up in our landfill sights within a year of arrival...I don't know if we can absorb that much garbage - and pay for it also. Between the destruction of our real wealth generator which is manufacturing...and jobs flying off to slave labor nations...Trade with China is utterly useless except for a few jerks who profit from it - while we degrade...China an go to hell where it came from.
It amazes me that after the poisonous dog food, the sulfurous drywall, the lead paint found on toys, and the rest of the crap we get from China, somebody somewhere would get a clue that the manufacturing standards there leave a lot to be desired.
Last edited by carterstamp; 08-05-2013 at 09:30 AM..
No matter how you look at it, we chose to create this monster. The corporations chose to cut costs and we chose to follow them to the depths of hell since we didn't stop buying from them.
i don't have a problem with buying from china, per se.
i don't even have a problem with this article's main argument: that chinese steel firms are state supported. That just means Chinese taxpayers are subsidizing the cost of steel for American consumers.
i DO have a problem with our governments being unable to tell high-quality from low-quality.
I don't see how they would get approval to contract this to the Chinese when there are American firms that can do the job. It says there are firms capable of doing the job, 100 miles away.
No matter how you look at it, we chose to create this monster. The corporations chose to cut costs and we chose to follow them to the depths of hell since we didn't stop buying from them.
Actually, the blame rests with the American government.
The tax and regulatory overhead cuts profit margins. Business is in the business to make money - not be a cash cow for the government.
As long as local production is penalized and foreign production is rewarded, things won't get better.
i don't have a problem with buying from china, per se.
i have a problem with our governments being unable to tell high-quality from low-quality.
When you're a middle-man opportunist playing with public funds, "high quality" is whatever comes at the lowest cost and allows you to pocket as much as possible.
I know a city councilman and mayor personally in NC that pulled in close to $8M on a solar deal for one of the ports. They created one of those "Green Inc." companies to manufacture the panels using tax money and outsourced the work to a Chinese company.
Be sure to look into your local politicians and their many tech or textiles companies.
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