Quote:
Originally Posted by IMPALA MAN
It's simple math guys.
US made product cost = US hourly labor rate (?) + taxes, etc.
VS
Chinese made product cost = many that will work for a cup of rice!
Now the only missing component is people willing to buy a cheaper product......and that's where the consumer comes in.
The ONLY way this will change is if the consumer stops buying the cheaper product.
Just like drugs my friends, if no one buys them, the transport of drugs into America stops.
Just sayin.
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But there is always someone that will and it will never change. And that is the tip of the iceburg. There are almost no manufacturing jobs left in America. Empty factories sitting idle. Workers becoming stagnant collecting unemplyment. Those almost broke workers are buying the cheap knock offs to save a buck. The pattern is there and there is a million reasons why but no true fix.
Cup of rice is close. Most make an average of $7.50 per week...a 80-110 hour week.
I am a manufacture of goods. The regulations, laws, fees and high rents prohibit me from hiring employees. I can produce and design more but without employees im forced to do it alone and only produce so much. My business is then low output. Banks will not loan money to a low output business. Even with 2 homes, an 800+ credit score and $145K in assets (Shop equipment). Times my situation by 10 thousand and you have a pretty good idea of what the small business have to deal with in the US.
The government loaned Solyndra $535 million to run its business. Soon after recieving its money they go bankrupt.
Short time after that Solyndra files a $1.5 billion antitrust suit against China’s three biggest photovoltaic panel manufacturers. Guess who if funding those companies.
The stories go on and on.