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Old 08-27-2015, 06:46 PM
 
824 posts, read 1,179,187 times
Reputation: 624

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Quote:
Originally Posted by BobNJ1960 View Post
Me, too, until I buy more at the supermarket Thursday.
If I Buy one, I'll take it home and put it in the trash.

that's karma.

 
Old 08-27-2015, 06:56 PM
 
34,104 posts, read 17,167,846 times
Reputation: 17248
Quote:
Originally Posted by miamifloridafan View Post
If I Buy one, I'll take it home and put it in the trash.

that's karma.

Great. That is still Nabisco revenue.
 
Old 08-27-2015, 10:35 PM
 
9,891 posts, read 11,791,787 times
Reputation: 22087
Quote:
Right this very day, if SEARS and JC Penny, made it clear that 80% of their goods will be Made in America and quality standards will dominate... in 3 years, Sears and Penny's will be stronger than they ever imagined they could be, they'd surpass their hey day of the 40's 50's and 60 and become the leading merchant in America. They can't see that far, because of the blatant Ignorance of Clone Trained CEO's running these companies
As another poster said, they would be out of business. Actually they could not find the things to sell that people want. Such as TVs, Computers, Small Appliances, and this list can go on and on. Yes some jobs have been moved out of the country such as the OREO production. This is not due to labor costs. A lot of the production is automated, and the labor costs per package are almost nothing. The problem is that the Federal Government has forced high sugar prices on the United States, and companies that their biggest cost to produce a product such as OREO Cookies, have had to move from the United States due to the major cost to produce OREO cookies so they can afford to buy sugar to produce their product.

People on these threads, only talk about the jobs moving overseas. They ignore the jobs that have been imported to the U.S. from other countries, at the rate of a million new jobs and more a year, and this will continue for at least another decade or more. The great thing, is jobs being imported are higher paid jobs overall paying more than American companies pay their employees. Example: There are 13 auto companies building millions of cars in the United States. 10 of them are foreign brands, and one is a foreign owned long time American owned company. Remember Obama sold Chrysler overseas. We mostly export low pay jobs, and import high pay jobs from foreign countries.

Look at some of the many U.S. companies that furnish American Jobs owned overseas.

The Largest Foreign Investments In The U.S. - Forbes

Surprise! American Icons That Aren't American

Many American-Made Companies Are Now Under Foreign Control! | Economy In Crisis

10 classic USA brands that are foreign-owned

And major companies around the world, that are popular in the U.S. that have been bought by other country owners.

Note starts with McDonald's but McDonald's is not Foreign Owned but as it says Burger King is.

Et tu, McDonalds? - In Photos: The Foreigners That Own Your Fave Brands - Forbes

The stock market is happy that many companies make huge profits overseas, that drives their stock price up.

Example: Walmart has 5,000 stores overseas. McDonald's gets 66% of it's business from overseas operations.

Why U.S. Companies Aren't So American Anymore - US News

Business is more world wide today, than most people realize.
 
Old 08-27-2015, 11:35 PM
 
Location: So. of Rosarito, Baja, Mexico
6,987 posts, read 21,952,817 times
Reputation: 7008
"Store Brand" items are made by a Name Brand Company. When it comes down to the Grocery end I was in the trade for 23 years. Those days I knew who the supplier was for many Grocery chain "Store Brands".

Once was visiting one of my Grocery store accounts and a salesman was trying to sell the owner a Whiskey that would have the stores name on the label. Ingredients were the same as a popular whiskey sold on the shelf. Owner would have to buy so many cases of each size bottle sold, 1/2 pints, Pints, 5Ths, and qts.

As for the car maker going to Mexico they will be making just one model and not 2-3 off the same assembly line. With so many models being offered they have a problem with supplies.

Many years ago I had a VIP tour of the VW plant in Puebla Mexico and saw the assembly line, stamping presses for the Beetle and the Rabbit from the door to the Dyno and to the parking lot.
 
Old 08-28-2015, 02:20 AM
 
1,996 posts, read 3,168,309 times
Reputation: 2302
Quote:
Originally Posted by oldtrader View Post
People on these threads, only talk about the jobs moving overseas. They ignore the jobs that have been imported to the U.S. from other countries, at the rate of a million new jobs and more a year, and this will continue for at least another decade or more. The great thing, is jobs being imported are higher paid jobs overall paying more than American companies pay their employees. Example: There are 13 auto companies building millions of cars in the United States. 10 of them are foreign brands, and one is a foreign owned long time American owned company. Remember Obama sold Chrysler overseas. We mostly export low pay jobs, and import high pay jobs from foreign countries.
The difference between U.S. shipping job overseas and these 10 foreign car companies setting up shop in the U.S., is that hundreds or thousands of jobs weren't eliminated in those foreign countries to bring those jobs over to the U.S. Those jobs that are made available in the U.S. are most likely new jobs because the company is expanding in the U.S. Plus the foreign car companies produce their cars over here because it doesn't seem cost effective to ship fully assembled cars across the ocean or on airplanes from Europe or Asia.

Also, the autoworkers in the U.S. who work for Honda or Nissan or Kia make around the same money as the U.S. auto workers who work in the U.S., and they are only starting out at like $14 or $15 per hour, not particularly "high pay" jobs.

Last edited by usroute10; 08-28-2015 at 02:35 AM.. Reason: entry level autoworkers employed in the U.S., whether employed by the Big 3 or Honda, start at the same low wage
 
Old 08-28-2015, 02:28 AM
 
9,891 posts, read 11,791,787 times
Reputation: 22087
Toyota is typical as to pay.

Toyota Salaries | Glassdoor

It is quite a bit better than you say for foreign factory auto workers.
 
Old 08-28-2015, 02:28 AM
 
1,996 posts, read 3,168,309 times
Reputation: 2302
Quote:
Originally Posted by NOLA101 View Post
Why? Why is it so bad if people are employed in Mexico? They are people too, no different than in the U.S.

I never get the jingoistic type of sentiment. What does it matter where Nabisco makes its crappy cookies? Those aren't even good jobs in the first place.

The U.S. should concentrate on skilled employment and shouldn't be competing with third world countries in a race to the bottom. Nabisco is a public company and is smart to be lowering labor costs. Shareholders (probably mostly American) will benefit. Mexico gets jobs. Win-win for all.
You said they are not even good jobs, but the workers were making $26 an hour if you add all of the benefits. That is pretty decent.

Manufacturing jobs built a HUGE portion of the middle class, and I do not understand why you characterize them as "race to the bottom". Why is it wrong with working with your hands and doing an honest day's hard work? You say the U.S. should concentrate on skilled employment, but many skilled jobs can be shipped overseas as well.

Shareholders may benefit with the lowering of labor costs, but the Americans who no longer have a job have lost their income. How is that a win/win for all?
 
Old 08-28-2015, 02:31 AM
 
9,891 posts, read 11,791,787 times
Reputation: 22087
Quote:
The difference between U.S. shipping job overseas and these 10 foreign car companies setting up shop in the U.S., is that hundreds or thousands of jobs weren't eliminated in those foreign countries to bring those jobs over to the U.S.
Those are jobs, instead of adding employees in Japan, or Europe, they added them to the company in the U.S. The Japanese or Europeans did not have a chance to have the jobs, as they were moved out of their country before they were even created.
 
Old 08-28-2015, 05:58 AM
 
5,472 posts, read 3,233,335 times
Reputation: 3935
Wage should meet with the cost of living !!!!! therefore when people complain about American pay scales being too high, they should have thought about that, when we promoted the standard of living, and show this imagery in media tv, yet, reality presents a growing ghetto due to low wages, lost industry and other lost things.
We need to relearn how to build and make our own appliance and other products we consume.

If the claim is Industry builds countries, how did we allow these University Goons to ship it away?
 
Old 08-28-2015, 06:24 AM
 
5,347 posts, read 7,210,018 times
Reputation: 7158
It's simply cheaper to operate overseas
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