By Sopan Deb
Rock Center
The United States may be on the verge of bringing back manufacturing jobs from China.
Harold Sirkin, along with Michael Zinser and Douglas Hohner (all experts from the Boston Consulting Group – a leading management consulting firm), says that outsourcing manufacturing to China is not as cheap as it used to be and that the United States is poised to bring back jobs from China. The three consultants first reached this conclusion in a recently published study titled “Made in America, Again: Why Manufacturing Will Return to the U.S.”
Many companies, especially in the auto and furniture industries, moved plants overseas once China opened its doors to free trade and foreign investment in the last few decades. Labor was cheaper for American companies – less than $1 per hour according to the BCG report. Today, labor costs in China have risen dramatically, and shipping and fuel costs have skyrocketed. As China’s economy has expanded, and China has built new factories all across the country, the demand for workers has risen. As a result, wages are up as new companies compete to hire the best workers.
“The tilt is now getting lower,” Sirkin says. “We think somewhere around 2015 it’ll look flat and may start to tilt in the U.S. favor at that point in time.”
By 2015, it will only be about 10 percent cheaper to manufacture in China.
“We have to recognize one thing,” Sirkin told NBC’s Harry Smith in an interview to air on Rock Center with Brian Williams. “The average Chinese worker is about a quarter as productive as the average U.S. worker.”
“It’ll be a major impact. Our projections are, when you take the manufacturing jobs and then the service jobs that get created alongside those, that we will add two to three million jobs to the U.S. workforce.”
The U.S. is already seeing examples of this – starting in Lincolnton, North Carolina.
Rock Center has been following Bruce Cochrane of Lincolnton Furniture as he brings his family business back to the U.S. and re-opens the family furniture plant. Cochrane was invited to the White House last week for a forum on job creation with President Barack Obama and Vice President Joe Biden.
“Now, you don't have be a big manufacturer to insource jobs,” Obama said. “Bruce Cochrane's family had manufactured furniture in North Carolina for five generations. But in 1996, as jobs began shifting to Asia, the family sold their business, and Bruce spent time in China and Vietnam as a consultant for American furniture makers. But while he was there, he noticed something he didn't expect: their consumers actually wanted to buy things made in America. So he came home and started a new company, Lincolnton Furniture, which operates out of the old family factories. He's even re-hired many of the former workers from his family business. “
According to BCG, another manufacturer, Sleek Audio, moved production of its headphones from Chinese suppliers to a plant in Florida. Ford Motor Company is bringing back 2,000 jobs from China after striking an agreement with the United Auto Workers. Sirkin says it’s good news for the economy even though wages will be lower in those jobs than they were previously.
Sirkin believes fears that United States manufacturing is in decline are overstated and notes that the U.S. is still a manufacturing giant. In 2010, China provided 19.8 percent of global manufacturing value added. The U.S. accounted for a marginally less 19.4 percent, which, according to Boston Consulting, was “a share that has declined only slightly over the past three decades.”













"By 2015, it will only be about 10 percent cheaper to manufacture in China."
Still 10% cheaper + I think their healthcare is from the state so you don't have to provide it as an employer?
Did you not read the part where a Chinese worker is only 25% as productive as an American worker? But then again, maybe you subscribe to Romney's notion that American workers are lazy
Just imagine if we had single payer healthcare. Employers wouldn't have to worry about providing benefits ever again. Everyone has health care and employers bottom lines increase.
mdsj
Then who pays for the Healthcare?? The TAXPAYER !! Hello HIGHER TAXES for everyone. Now wouldn't that be Corporate Welfare?? Taxpayer money paying for a cost that the Corporation paid.
It's called in the UK the NHS. It's really good and generally people love it the issue is that along with other state benefits it's makes people very comfortable as you'd expect and potentially less productive as they are not as concerned about losing a job as their health and welfare are not on the line.
MSNBC is embarrassing themselves by publishing articles such as these.
I guess the sheep really believe them?
It's all about the "hope & change" of things getting better under Obama someday, just not right now. Remember, this is a guy who won the Nobel Peace Prize not because of anything he had actually done, but because he inspires and brings hope to people. The same types that handed him that award on a silver platter also write articles for MSNBC.
Hey Tim, you ever live in the the UK and had to actually use the NHS? Well guess what? I have! It sucks and people with the means over there buy private health insurance so they can go to a private hospital and not use the NHS. Rich people get on an airplane and come to America when they have a serious medical problem. What does that tell ya?
you're worried about a small increase in taxes to insure you never have to worry about hundred thousand dollar cancer treatments or heart surgery that put you into debt for life
talk about ignorant
how much are we paying for health care premiums right now? I can assure you under ANY national healthcare system you would be paying MUCH LESS
I don't know how you can insure that. I would expect under a national system waste would increase dramatically. We might be paying much more.If government pays for healthcare, tax increases would not be small.
Nicholas R
A small increas? Ask people in Europe about healthcare... places like Germany etc. See how socialized healthcare is treating them. Sure it has its good sides but it has its bad sides too, just like our healthcare system.
Tim-3147344: I will have to disagree with you. I have friends who live in the United Kingdom and they are NOT happy with their National Health Care. Waiting for appointments and non-emergency surgeries takes forever. While I think we do need health care for everyone, how are we going to pay for it without killing the middle class with taxes?
Single payer is a good idea if the government has nothing to do with it. Not for profit and everybody pays in.
As long as you'll work for $5.00 and hour with no benefits they'll bring jobs back the the U.S.
more reason to have Medicare E for EVERYONE
You must be a Communist if you want your company moved to a Communist country.
They tell you Communism is bad then move their operations to a Communist country.
China does not have state sponsored health care. Don't think, look it up!!
Ineptia, are you for or against national health care? Should the employer pay for health insurance for employees or should they be free of this expense and leave it up to the government or expect their employees (and their families) to go without health care?
Actually Edward, it was obama who said American's were lazy...but thanks for playing anyway.
There is one thing that America is best at Whining and Crying, suck it up and control your own life instead of wasting it by blaming others .......... There are a number of reasons why Jobs went over seas and cost was not the only one, it was a part of it ..
The same attitude you people have here is all so in the work place, would you want to deal with a bunch of whining employee's, I know I surely wouldn't ....
Rick,
f*** k you
Ask most any Canadian if they want to live under their own single payer health care system or ours and they will first laugh and then emphatically tell you, "No way!" I lived there for 30 years and can tell you straight up that there simply is no comparison.
The US system is ridiculous in it's complexity and cost and is breaking the bank. for both individuals and for companies alike. Anyone claiming that the US system is superior is either a shill for the insurance industry, an irrational zealot against any form of social program, or someone totally ignorant of how the single payer system works world wide.
Don't want Communism or Socialism in USA!!!!
So what do we do?????????
Move all our jobs to a Communist Country.
If this is not dumbed down I do not know what is.
b0bab0ey
Because of people just like you that spout off about a way another country is or is not is solely your personal opinion. I wrote to other countries about their health care program and found out the lies that fox and friends spew on the airwaves are just that lies! I have heard of 50% taxes for insurance, that is not true. waiting periods are so suppose to long. Ever call a doctor in USA and ask for an appointment? Did they say come in this afternoon or say next week... or two weeks... well folks that is a waiting process. People die here in our hospitals... everyday... maybe some could have been prevented......? You have a computer..... you want to know something... ask that country, or ask someone from that country. there are dis-satisfied people all over the world, so get a couple of opinions..... and watch "Sicko"
Also USA ranks 37th in health care... right above Indonesia.
"But we've been a little bit lazy, I think, over the last couple of decades. We've kind of taken for granted — well, people will want to come here and we aren't out there hungry, selling America and trying to attract new business into America." Barak Obama
Perhaps you have been lazy, Mr. President, but most Americans I know are hard working!
No Edwardt, it was BO who says Americans are lazy.
Edwardt, just so you know....production costs factor in actual production per worker. If it is 10% cheaper, the lower productivity per worker was already considered. That is just basic cost accounting that most people take to get any type of business degree.
Also, the 10% cost differential is not covering healthcare costs. Interesting, even with our healthcare, we will be that close. I suspect with better technology, the differential could be decreased?
That being said, the 10% differential affords an apportunity to the U.S. This is now a situation where outsourcing can be taxed if our mighty government is clever enough. That will increase the costs of outsourcing and in the end help our economy. The point of NAFTA was to improve our economy along with the world's economy, not to put the U.S. in an endless recession. There may be light at the end of the tunnel.
mdsj has a valid point, healthcare in this country must be addressed. I, for one, would pay a higher tax for a national health care system as well as helping this nation get out of the financial crises it is in.
The incentive here is to add jobs here in the US for Americans. Americans are the most productive workers in the world. The 'sticking point' for companies to return or add jobs for Americans is the high costs of health care premiums. I believe a national health care system is an adequate answer as one of the biggest concerns companies have in employing Americans verses outsourcing is the high cost of health care premiums. This is evidenced by the majority of available jobs offered currently in he US as part-time as this allows companies to pass on providing expensive health care coverage for workers. If an answer to the health care crises in this country were to be found then I believe more full time jobs will be available for Americans.
I know many do not like the idea of nationalized health care. Many of the opponents have and can afford health insurance. National health care could be an option for those who cannot afford high insurance premiums (I was quoted 300-500 dollar/month for coverage, I and a majority of working Americans cannot afford such). So for all who can afford coverage let that option remain, for those who cannot afford health insurance premiums, let a national health care system be available. Another option is to group ALL US companies together to lower the costs of premiums as strength in numbers will reduce individual premiums.
The issue here is JOBS. This country desprately needs jobs not only for the unemployed to return to self-sufficiency but a larger tax base for the government to aid in returning this country to somewhat of a balanced budget. Cutting programs alone will not balance the budget. In fact, cutting programs alone will lead the US away from superpower status as defence and other natonal security programs will be hard hit. The US will be spending far less on national defence while China continues to grow and modernize it's miitary. I have seen reports that the US spends several billion more on national defence than China but the issue of profit was not entered into the equation. While US defence contrators profit on new weapons and delivery systems, China's industries are mainly owned by the PLA which means they produce military equipment at no or little profit. Profit 'containment' should be addressed for US defence contractors. Keep in mind, cutting defence programs equals more Americans out of work and collecting unemployment insurance and US military superiorority is in jeapordy.
I am very pleased with this news. Chinese wages are increasing as well as transport of Chinese products to the US which makes production in the US more attractive but a return to US manufacturing providing much needed jobs will not come to fruition if US companies will be required to pay expensive health care premiums for it's new employees. An answer to the health care situation must be made or the jobs will instead go to other developing nations just as easily as they went to China years ago when cost advantages were against Americans.
Our family gets their salary from a company located in the UK. Their employees do not speak well of their health care system, and most are forced to buy supplemental plans. What happens if you can't afford such a plan ? I think you know the answer.
Medicare FFS is available for retirees here in the US for a relatively cheap amount. The problem is what is does and doesn't cover which is quite a bit. That is why AARP sells supplemental plans which is not cheap and again is not FREE health care. Then there is the drug expense for most seniors which is a lot even with that small credit that is part of Obamacare. Medicare does NOT pay for dental, eye glasses, hearing aids, etc. Think about it. Do you think most seniors needs are hard of hearing, are losing their eye sight are losing their teeth? Of course they are. So please stop glorifying Medicare as if it pays for everything.
BTW, before this health care debate, we were already seeing a doctor shortage. Now it is happening quickly because the majority of doctors are boomers. Equally many doctors that replaced aging doctors ONLY work part-time. It is gender determined. Think about it. My doctor is a woman. She only works part-time. This is common.
The time spent with a doctor is being cut and instead replaced with other staff. Next time you go in to see your doctor count how many "other staff" assist you. Check your watch to see how many minutes are actually allocated to YOU. Check how long you are being asked to wait. Two of my last visits this past year took approx 3 hrs for me to have some tests run by multiple personnel, and to see the doctor. The waiting room was packed and I bet I was rotated at least a dozen times to various waiting locations.
Well, with the passage of Obamacare expect what I just posted to get a lot worse. We are adding 35 million more people and many of them are getting insurance coverage paid for by US, not them, and they go often to the doctor.
When there is no skin in the game, why on earth should anybody try to cut costs? Those patients will never ask about costs, because it doesn't cost them anything to begin with.
There are 800 charity hospitals in the US with most located in economically stressed areas. These are the hospitals that mostly take medicare and medicaid. Many of these hospitals have closed their doors are really insolvent because they can't collect on a timely basis from the states and feds. States are bankrupt and thus sending out payments to medicaid are slow and thus a charity hospital eventually can't pay their bills even with extra time. So the very people meant to helped, are seeing more and more of their trauma centers closed and doctors leaving practice and charity hospitals closing. So then what?
Best news I've read in a long time.
Companies that don't outsource should be rewarded with our business.
Wait till the unions hear this. How dare anyone work less than American union thugs.
There is a reason for that.
All things being equal, if you have a business that manufactures a product, you've got two basic options: 1) Employ workers to manufacture the product by hand, or 2) automate and/or mechanize the process so machines form the backbone of your production line.
Neither one is inexpensive.
If workers manually produce your product, you're paying them according to some type of schedule - per hour, per piece, per hour and per piece, etc. You are financially liable for any on-the-job injuries they sustain, acute or chronic, and this will be significantly reflected in the workers' comp rates you pay. You then have the administrative/human resources overhead expense of maintaining a large workforce. This is all ongoing expense.
If machines produce your product, you'll still need people, but they're typically going to be tending the machines more than anything else, and you won't need anywhere near as many. Most of your expense will be up front - you need to either buy or build your machines. Depending on what it is you're doing, the machines could be very esoteric and highly specialized to suit your operation. Buying machines is a big deal, but having someone design and build specialized production machinery can be a mammoth undertaking and quite expensive. Still, once you're up and going, your operating costs will be mostly energy to drive the machines and maintenance costs to keep them going. You do not need to pay machines by the hour or by the piece to keep them working for you.
Some things lend themselves to automation and mechanization quite readily. Other things seem simple enough but a machine that could do them would either not be technically feasible or else would cost way more than the expected revenues from your product could justify.
The workaround for that is to contract your production out to a firm who can do it with much less expense. This is generally what has happened with companies that have outsourced production to China and other Asian countries.
Firms that still produce in the US tend to be highly mechanized, and one machine operator can produce a whole lot of product without much physical labor. After all, they are tending the machine. The foreign workers typically are not tending a machine, they are the machine and they're producing by hand or through direct manual control of a machine (i.e.: a sewing machine, punch press, etc.) what a person can do with their hands in any given hour, day, or week.
Sophisticated production equipment is a terrific force multiplier. By the figure given, it would seem that one machine operator, on average, can accomplish what four people doing handiwork at a bench can do.
Who pays for Single Payer? The same people who are paying for wars across the world. Us the taxpayers. Imagine how far billions or for that matter a trillion or more dollars would go.
@ Jpeg and Kumar
Context is a art lost on you two. Obama is referring to corporate practices here, not individual Americans. Hence he says we have taken for granted people will want to come here and that we are not out there selling America and trying to attract new business.
Corporations have stopped trying to attract jobs to America and have sent them elsewhere instead.
Some additional commentary
http://www.politifact.com/truth-o-meter/article/2011/nov/17/did-president-obama-call-americans-lazy/
@slodon -- It is not rocket science.
The people that pay for single-payer healthcare are the same people that pay now. Single-payer does not change who pays for the care - single-payer lowers how much is paid by eliminating middle men.
Single-payer takes the 'vulture capitalists' out of the loop ...
The United States military is a single-payer provider of medical care. Are you suggesting that our military has substandard medical care? Troop readiness depends on healthy soldiers - the military is very serious about health care.
We already have American style 'socialized medicine' in the military - we have an American model to follow. Are you suggesting that only government employees should receive health benefits like this?
Why did he wait until election year to roll this out? Couldn't this have been REALLY GOOD NEWS when mortgage institutions were collapsing, banks were caught doing the illegal, people were losing their jobs and their homes... This is good news alright, but it's absolutely heinous that they saved it to shore up Obama's image in an election year.
And let's be clear: This is all about China's rising economy (like the slam, "Chinese workers are half as productive as American workers."?) and American companies moving back home because it's cheaper to do business than in China. And what about Mexico? Or Honduras? Or Guatemala? Or India?
I have people in several countries and they have nothing nice to say about the state run health care there. I am one of those who can afford private health insurance but let me tell you I can already see where we are paying for those who will be getting our national health insurance. My prime Dr had told us if this bill passed he would retire and he did and even with private insurance it was very hard finding a new Doc. Look everyone needs to have health care but this bill is not the way to go and all it is doing is making people mad. We do need health care reform but in a common sense way and just what that is I don't know why not ask the Doctors, Nurses and etc instead of the government. The government know nothing of health care and I don't want the government involved in my personal health care, it is not their business. Shoving down our throats was wrong and made worse by saying "you have to pass it to see what is in it". Just what kind of government is that, not a good one that is for sure.
Just because something says "Made in America" does not mean it was made here. I found out that a item can say that if the item was assembled here, in other words all the parts shipped here from other countries and than someone puts it together here. Slick, right.
The best news since sliced bread!!!!!
How did this become a discussion of healthcare? Really ? The article is about outsourcing and returning the jobs to the US. When you look at a 10% cost differential, healthcare is not relevant. 10% can be overcome in many ways without touching healthcare. Let's stick to the real issue of jobs that are forcasted to return.
actually most people that are against universal healthcare really only care about themselves. It tells us really what kind of a person or persons that they are. Like they are better and that they deserve a better doc than the next. It really is those people that dont believe in fairness for all and just for themselves. Every single person deserves an affordable health plan and right now its just not the case. It is unaffordable really for everyone. The folks that have good insurance just dont want to help themselves let alone their brother, neighbor, grandmother and the majority. Im so sick and tired of these folks...you talk about entitlements..well this is a perfect example of one. I have great insurance, but have been where we didnt and the insurance we had to buy set us back years. I mean who can afford 800-1200 a month? NOT the majority of us. Obamacare will be cheaper than it is now. We already pay for all the poor folks insurance anyway...which i think people forget. Now they can pay it...IF affordable. Geez......the doc and medical are fricken rich aff this corrupt system while people are losing their lives. Ask any Canadian if their system works. ITs a profound YES. And laugh at our focked up system
@the TiGor -- Your description of the state of things is outdated. China is highly mechanized - Chinese manufacturing is not 'coolie' labor anymore.
The business operator pays for all the costs you mention - whether they manufacture in-house or out source. Those costs are included in price of the products you purchase from a contractor, too.
Cost - speed - quality are the three variables in manufacturing - and - you can only control two of them at any given time. In order to achieve the lowest cost you will give up some quality and some speed. Cheap product is great if you can get it when you need it and their are not too many rejects.
One factor that everyone is ignoring is availability of raw material. China has been stockpiling resources but those stockpiles will not last forever.
It amazes me that China operates a taconite plant in Minnesota, ships the ore to China, processes the ore to steel, manufactures a product, and ships the product back to Minnesota - and - it is cheaper than any businessman can do it here in the United States?
Nope, there are too many parasites feeding on the economy - that has killed our competitiveness. Too many 'vulture capitalist' have closed factories and shipped the equipment to India or China. All those Chinese jobs are built around equipment from shuttered American factories - just to make a quick buck at a rigged gambling table ...
A day late and hundreds of thousands dollars short for the middle class manufacturing workers in America! When you have already lost everything…………………….
Single Payer for everyone.
healthcare is a human right, and if we can't make that happen then we are a failure. Profits and capitalism mean nothing if it cost us our humanity
The bad news is that our wages and benefits in the U.S. had to stagnate and then decline for the last 20 years so that we could be competitive again.
As for healthcare, no it is not a human right, but we should provide it as an option for those who want a single payer system. But those who use it, pay into the system. No more free-ride social programs that the 52% who pay federal taxes are expected to pay for.
nerm...... Im glad to see someone else has spent a lot of time in China..... How many times have you been there? You must have a wealth of knowledge about gov. business process's and laws in China first hand. Have you ever been to Naning, Wuhan maybe Qingdao. I know you have to be familiar with Heihe since its so Isolated.
So as it stands right now, I have 1 title but the responsibilities of 6 titles. When these "jobs" come back does that mean unemployment will decrease, or will I be expected to take on the responsibility of 6 more titles? Americans aren't lazy - those who are still working are terrified to lose their jobs and are being severely exploited by their employers to the point that these employers don't have a need to hire.
What needs to be reigned in the most is "Well, if you won't do things we aren't willing to even come close to properly compensating you for, someone out there will be happy to take your place". Yep, someone will, until they get burned out and fed up and the cycle repeats itself. Employers complaining that there isn't enough skilled labor out there is their own doing. If they weren't so greedy, there'd be plenty of people to fill those jobs.
Jpeg post 1.18
Nice try troll, when President Obama said "we've been a little bit lazy", he was referring to the federal government not the American people.
My god, all of these people and nobody actually gets it. Yes, health care needs to be addressed. This is a problem that is so obvious that if it were a physical thing, you could see it from space. But insurance is not the problem. It's nowhere even close.
The problem is the cost of health care. When you have insurance, the doctors will run every test in the book that's remotely related. After all, you're not paying for it; the insurance company is. When you don't have insurance, they run the bare minimum tests to figure out what's wrong with you, because chances are they're not going to collect on the bill, anyways.
More tests means higher cost, and what do you think would happen if everyone was insured? The answer is simple: those costs would rise exponentially, bringing insurance costs up along with it. It doesn't matter if you're paying for your insurance through taxes, if your employer is paying for it, or if it comes directly out of your pockets. You will still pay, somewhere along the line.
Until these greedy doctors are reigned in, no fix is possible. Medical costs need to be standardized and brought down to a level that is reasonable when compared to the cost of living. And there needs to be oversight on a level never before seen. Otherwise, health care will continue to be the run away freight train that it is today.
Rob Scan: I agree with you 100%. However, 52% of Americans are on some kind of government assistance. So we only have 48% of Americans paying tax into the system.
Every single Politician has a plan which denies single payer from becoming a reality.
And every single Politician has their own Top Level Care provided for by their own Wealth and/or the United States Government via tax payer dollars and/or a vested interest in things remaining just as @!$%#ed up as they are now...
Does anyone else see the huge disconnect?
The same thing applies to jobs in the United States returning from China. Until we continue our own further slide towards China's level of existence and desperation, we will see only nominal shifts in manufacturing jobs returning to The United States of America.
Except for War Machine Production. Being The World's Resource Police Force will continue to be our downfall. Energy Security and Terrorism will continue to be the Excuses.
You do know which country benefited by Oil Field Contracts from our removal of Saddam, right? The same country which has provided us Financial Loans throughout our OWN Imperialistic Invasions in which its own knuckles never get bloodied except against dissidents within its own borders.
China.
The $1.4 Trillion Question - Magazine - The Atlantic
If China Stops Lending Us Money, Look Out - Econwatch - CBS News
United States public debt - Wikipedia, the free encyclopedia
Planet Money : NPR
China Stocks Rise Most in 3 Months on Loan, Money Data ...
Peace
Mrs. Georgia Peech
I have friends here in NC, Arizona, RI and SC, some like their healthcare some don't, just like some people like you and some don't it means nothing. Some people are just never happy.
bencas
What does NAFTA have to do with the cost of labor in China?
Yeah, higher taxes, but then you also don't have the weekly deduction from your paycheck for insurance, Hell, I pay $75 biweekly for insurance, and thats for a company of a couple thousand, I'm pretty sure the government would be able to negotiate better rates when they are paying for 300 million people. So sure, your taxes may go up by lets just say $50 a paycheck, but then you're not paying $75 for insurance per paycheck...seems like a net win to me.
if national heath care will increse costs then why is it in the US the cost for every american avergaes $8,800 a year and those countries with national health care average between $3,500 and $5,000 a year. One reason is people that are poor don't wait till it is death threatning before getting care. Prevenitive medicine does cut health care costs.
So, if the cost of transporting Chinese goods to the U.S. is a reason why jobs will come back, how will our exports be any cheaper to ship to overseas markets?
This is a zero sum game for all exports, theirs or ours. The only things that will bring jobs back to or shores are for us to become competitive in manufacturing again.
Trade agreements must be totally reformed. The disaster of NAFTA, CAFTA, GATT and the WTO must be reformed. One of the main reasons we have been hemorrhaging jobs is the unequal cost of global tariffs, fees, taxes and duties imposed on our exports. The "Agreement on Textile and Clothing” signed by Clinton in 1994 decimated our $23 Billion dollar textile industry and caused hundreds of thousands of jobs. Thousand more began to move to Mexico later that year when NAFTA was signed. Granting China entrance into the WTO in 2001 was the straw that broke the camel’s back. You would think we learned our lesson. Instead last year Obama decides to add to his incompetence by signing the “Trans-Pacific Partnership” which will allow Vietnam textiles duty-free access to the U.S. market. More jobs lost, industry off-shored and Americans destitute. Due to Clinton’s irresponsibility, from 1997 to 2010 almost 1,300 textile mills have closed affecting factories around the country. This is just one major industry.
Corporate taxes have been our downfall for decades. A corporate tax rate of 35% (Up to and exceeding 40% due to some state taxes), almost double the global averages of 19% will never allow us to be competitive regardless of the mythical benefits everyone here is arguing about. Now, many of you will argue that corporations DON'T pay these rates. You're right. The reason, however, is because of our criminal progressive tax code. 72,000+ pages of code that changes at least once a day. 1,120 different tax forms to add confusion to the IRS.
There have been about 4,430 tax code changes in the last 10 years. There were approximately 580 changes in 2010 alone. Between 1986 and 2005 Congress passed over 14,400 amendments to the tax code, this equates to almost 3 changes every day for 19 straight years. In the past two years the IRS has had over 110 million inquiries each year regarding our massive tax code, over 25% of the questions couldn't be answered by the agents. Yet many of you uninformed somehow believe that changing a few loopholes will somehow make everything nice and "fair", everyone will pay their "fair share", we will enjoy a "level playing field". The ignorance is amusing.
Regulations are strangling our competitive industries. The Code of Federal Regulations in the 2007 edition totaled 145,816 pages, 8,000 pages longer than in 2000, and obviously longer now that Obama has unleashed his business hating hoards with their myriad regulations. No current progressive numbers of additional regulation pages from the Obama administration are available.
The SBA recently reported that regulation costs American business $1.75 TRILLION per year, and cost small businesses, those with fewer than 20 workers, $10,585 per employee, or 36% more than paid by large businesses, those with 500 or more. 89% of all businesses in the U.S. employ less than 20 employees. Large businesses account for only 0.3% of all businesses. Guess where the majority of the taxes on the "RICH" are going to come from? Appropriations for federal regulatory agencies increased during the Bush years from $27 billion in FY 2001 to $44.9 billion in FY 2007-a 44 percent increase in inflation-adjusted dollars. Our current deficit is $1.65 TRLLION Dollars. Coincidence?
Now before any of you start embarrassing yourselves that we want dirty air and undrinkable water, please don't. You just make yourselves more insignificant. Nobody wants to hurt the environment but we do want to allow industries to return, expand and compete. A simple example of the ridiculous nature of some of our regulations is an EPA regulation that defined milk as an “oil,” thus requiring dairy spills to be treated as hazardous. According to the agency, exempting milk from the regulation will save dairies around $1.4 billion over the next 10 years.
Every aspect of daily life, including how we heat our homes and light our rooms, what food we buy and how we cook it, the toys that occupy our children and the volume of our television commercials, are controlled by government’s ballooning list of do’s and don’ts. The resultant costs of each one constitutes a “hidden tax.” Remember, whatever rule, tax or oversight it costs a corporation to comply with gets passed on to you and me. Do any of you “big government” advocates really believe business just accepts these costs and blindly absorbs them? Your delusion is only surpassed by your naiveté.
Unions need to become more industry supportive rather than destructive. Creating unsustainable wage demands, benefit requirements and irrational legacy costs not only hurt our industries it also decreases the unions significance in the public’s eye. Before any of you start your typical rant of how the unions created safer working conditions and better wages, you’re right. However, all those improvements have been incorporated into State and Local government agencies to protect us. Other than the FMLA in 1993, name one significant benefit the unions have created in the last 25 years. Other than taking your union dues and spending it on more government control, GM is a perfect example of this corruption, the unions have become less and less important.
Unions realize their usefulness is fading as they frantically spend hundreds of millions of union dues to maintain their power grab. Richard Trumka, the avowed socialist, has become the pathetic poster child of the radical union movement and Progressivism. His proud accomplishment of allowing the once despised Communist Party USA into the unions exposes his subversive tendencies. It's amusing to watch many whine about the Supreme Courts "Citizen's United" ruling allegedly allowing corporations to participate in the election process as the unions have spent Billions of dollars over the years influencing the electorate. This isn't irony, it's hypocrisy.
Health care costs are an issue, but in the grander scheme we have much more to fix if we ever want to enjoy the wealth, prosperity and standard of living we’re accustomed to. Slapping a massive 2,748 page never-ending government bureaucracy on businesses and ourselves is NOT the answer. Is health care reform necessary? Absolutely. I just have one simple question for those of you who really believe government can accomplish this.
The outgoing CMS Director, Donald Berwick, reported that our current health care system is filled with between 20-25% of waste, fraud, abuse and corruption. By the way, this is NOT a recent occurrence for those of you who want to blame Bush again, it’s been going on for decades. How will expanding a massive government bureaucracy that is 17% of our GDP going to become more efficient when one-fourth of it is wasted? It never ceases to amaze me that with all the overwhelming corruption that we have in our government is so apparent, yet many of you still believe it is in your best interest. When a five year government audit has shown that 22% of all Federal social programs fail to show any positive impact on the populations they serve you would hope that the American people would realize how truly dysfunctional and unsustainable our government is. By the way, this one inefficiency costs you and me over $123 BILLION Dollars annually (that’s over 1.23 TRILLION Dollars over 10 years). Of course I can see how it’s so difficult for our incompetent government to find any cost-containment measures to decrease our massive Debt.
So, go ahead and “tweak” all your little health care improvements. I’m sure they will all make an unsustainable and inefficient bureaucracy much less efficient.
But you’ll all feel better, won’t you?
Nerm you are close to getting it right. The reason the healthcare costs are high is not because of the amount of testing but trying to offset the cost of doing business. I.E. those who cannot afford insurance VS. those who have insurance. A hospital or medical facility, after all, is a business that must remain in business.
As far as a single payer system, costs will have to increase to those working (taxes), to pay the cost of those who would rather sit on the couch than work. So instead of me buying coverage for just my family now I am being forced to help pay for yours.
Don't get me wrong, I don't mind helping someone else out. But I do not want the goverment to take food from my table to give it to someone who refuses to help themselves.
So, if the cost of transporting Chinese goods to the U.S. is a reason why jobs will come back, how will our exports be any cheaper to ship to overseas markets?
The ships return to China empty. Extra cost to ship American products back to China on a ship that would be empty otherwise should be cheap.
Cost would be cheaper if everyone had the same insurance. Paper work for all the different insurance companies would be reduced and streamlined.
Use a medical card like Taiwan. Your medical information is encoded and updated on your medical card ID. You always have your medical history with you at any doctors office.
Go to PBS and watch "Sick Around The World"
Our system sucks. I liked the way Taiwan cherry picked the best health ideas from other countries to come up with their health care system.
http://www.pbs.org/wgbh/pages/frontline/sickaroundtheworld/
And who says all those jobs will come back to the US instead of another cheap labor country?
That is not untrue, nor is it true. My description of the state of things is simplified so the layperson reading postings on Newsvine can grasp the basic concepts I'm trying to share.
Much of it is, yes. But much of it is not, too. Most of the other Asian nations where the labor is now inexpensive compared to China are not highly mechanized - yet. In general, the outsourcing is most used for things where hand assembly by low wage labor seems more economical than mechanizing assembly. In other words, for limited runs of low cost product. Some very advanced and high quality products are now manufactured in China, which is evolving in much the same way Japan did. Remember when they seemed to produce all the low cost 'junk'? Now virtually everything from Japan is high quality and practically revered by the customers. Eventually China will be producing some of the best stuff and the low cost labor will be in nations many of us haven't even heard of yet.
Of course they do. That much seemed too obvious to point out, but yes, the idea of outsourcing is that when you can contract it out for less than you can do it in-house, you're going to do just that unless there is some vital reason not to that overrides basic business sense and profitability, such as a critical quality control requirement that one dares not compromise.
China may be importing much, including taconite from Minnesota, but they also have a staggering amount of natural resources within their borders, too.
Historically, a 'vulture capitalist' is either a businessman who exploits an invention or innovation by wresting it from its creator or developer and proceeding to profit from it themselves, or else one who invests their money, time, and/or efforts into a company that is doing poorly with designs of either reforming or salvaging it. If saving it seems untenable, attempting to liquidate the companies assets for more money than was spent acquiring the company is the logical course of action. Who wants the machinery? Someone who's going to use it. If the industrial development is overseas, then that's probably where the machinery is going. The other option, of course, is to scrap it, which isn't likely to render a profit. Letting it sit and rust certainly offers ZERO R.O.I. and given the tax liability, would ultimately create a loss if it sits unused for too long. The salvage is to sell it to who needs and is willing to buy it, then dispose of the real property in a similar manner. If no one wants the empty factory, it may well be demolished so something else someone does want can be built in its place.
If and when the industry returns to US shores, there will be a need for new, state-of-the-art machinery with which to resume production. The old, worn, and quite possibly outdated machinery sold to foreign companies is out of the picture.
As fast as things change in today's world, sometimes a quick buck is the only one you can expect to make. Trying to profit over the long run from anything ca be risky in that several years down the road the industry may have changed so much that little or no profit may be realized from something without dramatic change. If your business cannot adapt, it dies.
Thank you for sharing your perspective.
Edwardt, stop your lying bs. Obama said Americans are lazy. here is your truth.
Ed-403353
Ed, the more important question is, why? Why are the ships returning empty. More importantly, our biggest trading partner is the European Union.
No other economic relationship in the world is as linked as the transatlantic economy. The EU and the US economies account together for about half the entire world GDP and for nearly a third of world trade flows.
The transatlantic relationship also defines the shape of the global economy as a whole as either the EU or the US is also the largest trade and investment partner for almost all other countries in the global economy.
The problem we will soon have is this trade partner will disappear when the instability in the EU markets finally collapses. Germany looks to be the only economy of significance that will be left standing as the EU sinks deeper into another recession. This will never support our massive trade, which is in perpetual imbalance anyway.
Our preoccupation with China is simply based on the massive debt we have accumulated to sustain our bloated bureaucracy. More eyes need to be watching what is happening in Europe. When they crash, and crash they must, so will we. Despite how much we send back to China.
Edwardt, stop your lying bs. Obama said Americans are lazy. here is your truth.
Go to youtube and type Obama said Americans are lazy. this site is bias. I post the youtube link, but was blocked three times.
So, apparently this article has become about healthcare. Let's address some of the crap...I mean stuff that's been spewed here! First off, there is A LOT of waste in healthcare right now that's bleeding the government. One of the best ways to stop it IS TO GOVERMENTIZE HEALTHCARE! If there are state-run hospitals, with state employed doctors, that get 'X' amount of money each year, and the cost of procedures is set by the goverment and NOT BY INSURANCE COMPANIES AND DOCTORS, you will see the waste in healthcare plumit! Is a government run system the end all be all of awesome healthcare? NO! But, it's got to be better than letting some faceless insurance company decide what's best for us while padding there balance sheets. If we have a mix of state-run hospitals and private for those that can afford it, I think we would have a heck of a good system! I can't imagine that the waiting times are going to get outrageously longer than they already are. And as for people waiting for major operations, it's better to be told you have to wait, than be told by an insurance company,"We won't cover this(even though it says we will in your policy), so you're out of luck!"
I don't get it. Why should the pay be lower than before? Because if we provide 75% more productivity than the Chinese did, then I'd say we should be entitled to 75% more PAY than what we used to get before they outsourced.
@ConwayTwitter
If you're looking at it from a produtivity point of view against the chinese like that, we are 300% more productive than the chinese. And wages need to be decreased, because auto union workers making $50 an hour and taking a break every 15 minutes is rediculous...just a math lesson, we now return you to your regularly scheduled tinfoil sponsored programming...
@garcher-1253370 -- Hospitals are not for-profit businesses - they are a consortium of for-profit businesses. That is the problem. A lot of hospitals contract for pharmacy services, lab services, food services, janitorial services, waste services, and many other services. The increasing number of middlemen are adding to the cost. Yes, each one makes a reasonable profit - but - all those profits are accumulated into the final billing.
Our current health care system is treating the uninsured now. Someone is paying for the cost of that care under our current system. Changing the system to single payer will not change that - the cost of health care for the uninsured will be paid by the same people that are paying for it now.
Single payer is not so much about how to pay for health care - it is more about how to control the added cost of middlemen in providing healthcare.
Small minds believe small things...edumacate yourself, Just being me..
Fact check: Obama's 'lazy' comment – USATODAY.com'
No, President Obama Didn't "Call Americans Lazy"
Lazy? Obama calls Americans 'hardest-working people on Earth ...
Just being me --
You have to have been a member longer than you have to post any links. It's nothing personal.
The reason that health care is so expensive in the US is that, just like with taxes, 45% of the people are paying the bill for the other 55% and their own bill, too! So many in this country expect free medical coverage, free food, free housing, free education, free transportation and free anything else they can think of! The old saying "If you don't work, you don't eat!" should resonate a lot more in this country. We have become a welfare state and the majority of the population believes that the rest of the country should continue to pay the way for them and suffer because they "dare" to try to excel!
It is getting more and more difficult to make it day-to-day for those who produce in this country. You constantly hear the libs out there demanding more and more each day and never doing with less themselves. This country will soon become a repeat of Soviet Russia where there were the governing elite, in huge dachas and enjoying all of the finer things in life, and the lower level grunts. The government is being overrun with socialists who really believe that the US should be "put in our place" for actually being successful and a great place where the entire world wants to live. Let me say this again! I do not have a single problem with helping out those who, by bad luck or circumstance, cannot help themselves, but, we cannot be a welfare state for the entire world!
FreedomRingsLoud... sorry, I do not "trust" profit-driven companies to always make the right decisions to protect the consumers and the environment. I have lived in Asia where these regulations are not in place. I've been shocked at some of the things I have seen there because there are no workplace regulations. I've heard about the many dangerous and inferior products coming out of places like China who has no government regulation on production. I'll take our government who errs on the side of "too much regulation" over a government that simply doesn't care about its people. China may be Communist but their idol is the almighty dollar (or yuan) at any cost.
@Dan M-1100664
I got news for you, we already have that in this country, and THAT'S THE PROBLEM!
Now that we have driven our economy into the ground by outsourcing we are willing to work for nothing.
Damn never thought I would say it but we are just puppets on a string of the rich.
It amazes me that this is how it's been throughout history, and then for a brief period the our government (Teddy Roosevelt being one of the ones to start it) and labor unions started shifting the balance of power in our favor. Now, unions are part of the problem! You set out to help raise quality of living and wages, now it's time to stop lining your own pockets and driving the cost of doing business up!
descrs-1664846
As I stated in my above post, we have over 145,000 pages of regulations. That's a stack of papers 6 stories tall.
Despite all those regulations and over 130 Agencies, departments, Bureau's and offices in our Federal government, let me ask you this.
How many people went to jail for the Gulf Oil disaster? For that matter how many have even been indicted? There is a flip-flopping of blame going on now between TransOcean, Halliburton, Cameron and BP. I'll bet you paycheck to paycheck they'll all put on a wonderful Kabuki theater and some insignificant amount of money will exchange hands and they'll all be golfing together again in a week.
How many people are being investigated in the housing/subprime crisis that caused our economy to collapse? How many do you think will go to jail? How many from the banking regulation and SEC agencies will be implicated? Once again, some lackeys will appear before our criminal Congress, blather on about their layers of bureaucracy that it takes to get anything enforced, some fines will be paid and life will go on. Golden Sacks, AIG, Fannie/Freddie and everyone else will just walk away to f**k something up in the future.
Your penchant for regulations is ridiculous. How many more regulations does it take to satisfy the craving of the "Big Government" lovers? Do you honestly believe anyone will be prosecuted for "Fast-N-Furious", Solyndra and others?
Good luck with that wet-dream. Our society is flooded with laws and regulations that are rarely enforced. This is the problem.
Not more regulations.
"Did you not read the part where a Chinese worker is only 25% as productive as an American worker?''
No I didn't read that. I'm being serious here, did I miss this in the article? Cause if I did I'm going to the eye doctor tomorrow.
FYI, employers in China have to pay a 47% premium on salaries that go towards the required Social Insurances....so health care is not State Provided. In fact, you pay as you go (literally from station to station), before you are treated. Even in Emergency situations!!
The problem I see is that we have a system that was set up by lawyers can only be understood by lawyers and its only benifit is to lawyers. All those countries that have single payer health care in place also have caps and limitations on medical malpractice lawsuits. Win loss or draw the lawyers always get paid no matter what the issue.
For all of you wet behind the ears children job outsourcing started in the 60s with the maquiladora system in Mexico. And cities on the north side of the border were complicit in courting the businesses so they could get 100 jobs in Laredo or Brownsville while thousnds of employees in Milwaukee or Detroit or other northern cities lost jobs. I'm 64 and 3 of my mothers jobs were outsourced before I graduated from high school.
As someone who lived 12 years in a country with national health care I have some experience. What I can tell you is that my wife and children used the German national health care system for about 6 of those 12 years. She then switched to a private insurance company that cost about the same but provided better benefits. They claimed it was because they negotiated better deals as provided better more prompt payments to providers so they received better rates and because they minimized fraud and abuse. The Swiss system is where we need to be, a nationally standardized service managed and provided by private insurance companies.
It's about darn time! By all means bring it back it back to this country where it belongs and get Americans back to work again!
btw inepta (op) no one forces private business to offer health insurance. they offer it to attract the work force they want to.
waits, rationing, delays. those without healthcare insurance have infinitely long waits. they way we do healthcare with minimal rationing is soon going to be completely unaffordable for most of us. if (when) it reaches the tipping point when there are too many uninsured for this to be a manageable livable society, we will rue the day we rejected universal healthcare.
it is INEVITABLE. get used to the fact. we will have to do with less, more waits and rationing in order to have any healthcare at all. sure some grumble in universal healthcare societies but many are happy as well. the fact is, there, EVERYONE is getting care. the method we have used to buy our cadillac system is no longer sustainable.
change is coming like it or not.
and the change of returning manufacturing jobs is wonderful news!
Get in your car, go drive around a bit. Pay attention to all the closed factories you see.
Then come back and read this article.
You may find yourself just a bit skeptical.
When China becomes too expensive, they will move to Peru, or Macedonia, or wherever they can get the cheapest labor that is still able to do the work.
Until we introduce common sense trade policies, we will continue to see American manufacturers undermined by foriegn competition flooding our markets with cheaply made goods.
Fox news pundunts are out again with the lies.
De-regulation got us into this F+K Mess.
The old jobs aint coming back. Get ready for a new job market. You got to get educated and then you will be in debt. ha ha.
STFU from your rich bankster families.
20 million homes foreclosed plus 20 million vacant homes. Now they are going to bulldoze a million homes this year.
They wont give you one of these homes. They will knock it down. The little guy can go STFU.
Yay. We are not communists. :)
To all of you who say that such and such country has a terrible health care system, and wait times are long, Let me ask you a very simple question.
If you had to choose between second rate care, with long wait times, and NO CARE AT ALL, which would you choose?
Yea, that's what I thought.
Check and mate.
This is Damned Good news if it's true. Big Business here in the U.S. have given China about Twenty Two Million, That's with an M, job's. That is why we are in the trouble we are in today. More people working equals more Taxes paid. Besides, Big U.S. Business'es are Fueling China's growing Military threat to the U.S. Thank you Big Business.
And just think....the U.S. government has given about Twenty Two Million, that's with an M, jobs to illegal's.
I am happy to report that China's high growth years are numbered. On their east coast, they are pricing themselves out of certain markets. Workers are not making the 'couple of bucks a day' as Fed Up (below) would have you believe--try $4 to $5 per HOUR. For labor-intesive manufacturing, their costs are too high and are being 'outsourced' to Vietnam, Cambodia and others (welcome to 'outsourcing'!). Some lower labor-cost-to-value manufacturing is trickling back to the US. While China still has millions of peasants in the interior of the country, they have foolishly built bullet trains and not freight rail from the interior to the coast, limiting their ability to fuel low-cost Chinese growth...
Tarzan7 - I couldn't agree more. Sounds like some of the bean counters are getting some on the job training. When you have a buisness model that makes you successful, stick with it, don't outsource it, don't change the content to save a few cents, keep doing what made you successful.
agreed Tarzan, see above. only hope other Americans realize what is really going on here.
Our military, in response to the impending major cuts, is talking of using COTS inceasingly as a way to save money on procurement, COTS (commercial off the shelf) use in new weapons systems equates to greater use of foreign manufactured technologies incorporated in new weapons systems and delivery platforms and that means Chinese made systems used. I dont really like that idea.
The article admitted that the jobs will come back, but they will NOT be at the pay previously had by employees in that industry. That is the point. China only has a 10 percent advantage, but that would be based on these reduced wages?
Example of this is the situation in Canada with CAT. That union plant pays considerably more than the new plant in the US. The Canada plant isn't competitive and a financial drain and thus the work with get shifted to the lower wage location which is the US now. The Canadian plant will close or be forced to take a 50 percent haircut.
I wish more posters took the time to do research and post actual examples instead of just expressing their emotions on these issues.
It is the bottom-line. Math is what counts. If a union asks for higher wages and benefits but that plant or corporation sees margins slipping, and becomes less and less competitive because of their cost structure, the math will win eventually. That is what happened with GM. The union took a haircut to survive.
Corporations will not blissfully being moving business back to the US unless it means the MATH works. They are not providing jobs for charity purposes. Businesses are started to make profits and give people jobs and a way to feed their families.
Look at the math. Maybe that is the problem here in the US. Too many high school graduates can't even balance their checkbooks.
It IS good news for all of the reasons already mentioned, but sadly, there is nothing in the article to indicate that "insourcing" has anything to do with government policy (e.g., taxing corporations that want to take manufacturing jobs overseas, something governments have done for centuries) but is largely a correction due to the skyrocketing costs of fuel and thus transport.
Tarzan....and the American consumer has forced / rewarded the outsourcing of jobs to China. Bought anything at WalMart lately? Many businesses had no choice but to outsource to China. With so many people making their buying decision on who has the lowest price, it's often a requirement for survival.
We feed and house our Chinese employees, They live in Dormitory style housing. They dont complain one bit to anyone, its a step up for a lot of them. You can not judge them by our rules their value system is different than ours. The only problem is that if you lose your job..... your living space goes with it.
Gee, who'd a thunk? Turns out Adam Smith and Milton Friedman were right after all! Of course, people who understand how economics works are not surprised. Marxists, on the other hand, can't understand how this could happen. So, they just want to decree something to be so and expect it to be.
hummm This can't be good news for the Democrats. More evil 1%ers to deal with.
Hey US Consumers:
National Healthcare is a COMMUNIST ideal. If you love the commies, than maybe you should leave? Love it or leave it!
MSNBC failed to mention what part of our manufacturing and export business is strictly military arms.This was no.2 exports not long ago.No.1 was agriculture goods.
Healthcare is NOT a human right...it is a commodity. Some folks can afford it, some cannot. If you want healthcare that is provided by the government, MOVE TO A COUNTRY THAT HAS IT! Stop trying to F#CK this one up. An awful lot of us like it the way it is. Some folks say God never makes mistakes...I say he does....they are called LIBERALS!
Rather boot the "teahadists" out.
well if no one minds, back on the subject for a moment. 10% of a fortune in manuf. costs is still 10%, = billions. nothing will come back to the u.s. until the powers that be will make money by moving back. this is nothing more than a knee jerk reaction to the spat with china.
As for cots your fighter jets have used assembled in Mexico toggle switches since Eaton corp moved that job to Condura SA in Matamoros in 1964.
@akavir,
Just in case you come back to your postings here....
I don't need a math lesson, but you need a lesson on how to recognize a GENERALISED, unimportant (not stupid), statement.
When you come here and payfor my college education, then tell me your math solutions.
K? :) <-sarcasm
Great the low cost $5 an hour jobs. Wow. I can't wait. I want one of these job. I can live in a card board box.
WOW. great. The mass manufacturing is returning to the poverty stricken states.
Wow. Now we are gonna go have heaps of jobs at $5/hr.
Lets celebrate.
One of my clients, a small manufacturer of tools for the masonry industry, recently decided to bring back manufacturing back to the US (from China). While it was clearly economic for them to have outsourced production in China 6 years ago, when they decided to outsource, it is no longer so--due to higher labor and shipping costs (also storage, duties, etc.). This only means a few American jobs, but I was pleasantly surprised that the economics turned in our favor in such a short amount of time. This bodes well for the American economy overall, however, will not prove a windfall for employment. Manufacturing 2.0 in America will see much higher use of technology to offset higher labor costs here, resulting in fewer, yet better-paid and more highly-skilled jobs. Better some than none, though...
Some folks really are trying to buy American again. Of our last several major purchases and investments, we made the effort to to buy locally or American and the quality is immensely better. It did cost more to make the purchases, but take the sleeper couch we just purchased for example. It cost about 30% more, but it comes with a lifetime warrantly on it. Just take it to the store and they'll take care of the rest. Since it was manufactured by a local company the turn around time if we needed anything done would be six weeks max, and that would be if they ended up building a whole new couch.
No matter what the situation, it is wrong to assume it is fixed and will not change. That is the mistake many people make. Advantages do change and in the long run, little is fixed. Manufacturing in the US is not as dead as people think.
Many people are surprised to learn that the US still has a higher manufacturing output (in terms of value) than China. However, China uses far more labor in its manufacturing. Manufacturing in the US will not likely emily as many people as it did in the past. and those employed will likely have to have more skills and training. But manufacturing is not dead in the US.
I disagree, when you bring manufacturing jobs back to the US you employ more people than just the people working at the plant. It raises employment for alot of other jobs as well. If we look back a few years we can see that one plant was supporting an entire town. When the plant shut down the town shut down. Thats everything from gas stations, hardware stores, grocery markets, movie theaters, ect, ect, ect.
missrn: Actually, the 'Buy American' theme helped tip the scales in my client's decision-making. While pure economics might have delayed this decision, they feel that having a 'Made in America' sticker on their products would increase sales. As such, I beleive it accelerated this decision by a year or two.
tomilvento: I agree. Manufacturing is alive and well in the US. Manufacturing OUTPUT/VALUE, that is. Most people are misinformed when it comes to manufacturing employment, though. We have lost millions of jobs due to outsourcing, however, most people believe that almost all manufacturing job losses are due to this. In actuality, roughly only half were lost to outsourcing. The other half were lost to automation...and are gone forever. The pace of automation has increased, so manufacturing jobs will continue to be lost. I wish I new the answer to 'How do we replace these jobs?' I don't. I do have some advice for young people, though: There is NO SUCH THING as having too many skills. Obtain your high school diploma--you will be UNEMPLOYABLE without it. Add to this diploma based on your desires and realistic job prospects: pursue a college degree based on your desired future employment; pursue vocational skills/certification if you decide that college is not your thing--manufacturers are seeking those skilled in math and programming to work with the advanced technology. Welcome to worldwide competition...including the World Wage.
Jay, you are right. But China uses high technology such as robotics to produce western and Chinese products also. Those smart phones, DVD players, MP3 players, HDTVs etc are not 'hand built'. Extensive use of robotics is used in production of these type of consumer goods.
China was very successful in using American and western companiesl to save on production costs by moving production to China by requiring US and western firms to enter joint or licensed manufacture of their goods. Now China has used this to form their own companies (Haier Lenovo, HTC and others) to compete with the very same companies that fell for this.
I am a displaced airline employee who loved my job. I also worked in aerospace as I had college training in that area. China used Airbus, Bombardier, Embraer and Boeing to form it's own airframe manufacturer that now markets a regional jet and they are working on a larger aircraft to compete with the Boeing 737/Airbus 320. They also are working on a twin aisle aircraft but that wont be around for some time. The US is the world's leader in aerospace but China wants that also. China was very successful at 'stealing' western technology to form their own companies to compete with us in business, military, space and technology. I believe that when China starts marketing it's products here in the US(like those mentioned above) the US should require the same.
Better yet, Fair Tax, Fair Trade! Tariff to death countries that have an unbalanced trade deficit with US. Either buy our goods or pay our taxes. Tariffs % by country!
My brother works for Pratt & Whitney. They had people working in China sharing Jet engine design years ago. He told me the one thing you dont want to do is get sick in rural China, I can confirm the hospitals are not good.
halseyjr61: Sorry to hear of your displacement. I, too, was displaced (as an accountant). My 'revenge' was to start my own business (LOL).
I agree with your points about the Chinese. Sadly, many American big business leaders were duped into handing over technology to gain 'market entry', by the duplicitous Chinese government. "The Art of War", by: Sun Tzu, should be required reading for all who do business with the Chinese. Feint and duplicity are admired tactics...and not just in military realms. We have been at economic war with China for many years now. We have lost many battles due to our own ignorance of how they think. Any business leader that hands over ANY technology that is related to its strategic competence is a complete fool.
America should not tolerate China's unfair (and artificial) exchange rate advantage of around 25% (down from 40% a few years ago, but still unfair).
We should not tolerate the lack of enforcement of patents, licensing, etc. This results in lost $billions to software developers (e.g., MicroSoft), movie producers, etc.
Unfortunately, we continue to elect inept, corrupt, cowardly and (economically) strategically-deficient politicians, to our own disadvantage.
Yes it does. However, corporations have previously only looked at the math directly relating to the bottom line and never bothered to consider other variables...like how increased unemployment, less disposable income and consumer confidence shaken by a poor economy would affect their numbers.
With math, you can't just calculate a small portion of the equation and expect the answer to be correct.
You're right, Hosfac, yet through all these comments I've seen not one word about education. China now has enough $$$ to send thousands upon thousands of its students to American colleges & universities for full tuition, and they prepare their students well for higher education; while our education system at elementary, middle, & high school levels is broken, & few can afford college here. Jobs will come back sooner when we are able to fill them with the best educated people! We have a great deal to fix.
Also, singlepayer is not a communist idea, it's an economic idea. The Fed already pays half of all health care, but for-profit health insurance companies control it. In a singlepayer system, buyers all contribute, providing greater leverage to reduce costs, and there is better control to prevent repeated tests, etc.
For example: health insurance companies will retest every time somebody wants a second, third, fourth opinion--instead of connecting all these doctors to the same test for analysis & opinion. They make more money that way! A singlepayer system makes economic sense because it greatly reduces waste and costs less.
We have the $$$ to make any changes we want in this nation. But as Lincoln told us, "A house divided against itself cannot stand." We have the perfect example in Congress; we are a divided nation. The wealthiest in this country have been expert in dividing us against each other so they can control everything--they are Dirty Energy & the Big Banks. They learned from Tobacco, an amazing publicity war injecting doubt into solid science still roiling today (in other countries).
Truthfully, neither communism nor capitalism is the answer--people aren't truly disposed to communal living, nor will the greediest ever do what's right for anybody else. Choices aren't either/or. We can amalgamate all kinds of solutions, if only we can stop accusing each other, engage in active listening, & express ourselves reasonably.
Oh my the job creators are out again. Creating the $5/hr jobs.
I cant wait for the position of Butt wiper. That pays extra ontop. You get sh+t loads of money ;), THen you can build a sh+t house. When the sh+t hardens it can resist hurricanes. Also the gases can be used to cook with. I am gona one with the elements and energy independent.
Job creators is just another fakeo. THis is an article full of cr+pola. Its just like the other lies from the right wing nut jobs.
They take hope and then they sh+t all over it.
American Workers + Democrats = Prosperity for the working class and the poor of this Great country.
Convert a Republican today teach him to read.
I would suggest to the Republicans if you cant handle it stay home and wait for your welfare check
More smoke and mirrors to pacify dumbed down Americans..... After all it's election time.... lights, camera and action.... suckers.
Right on Fed Up. And what about India, Pakistan, Sri Lanka etc. etc.? If the labors still cheap, corporations will stay overseas in most countries. I bet only a small percent come back - to be replaced by others that find more cheap labor, lower tax base in any ol' part of the world.
Jeff: It's crackin' me up inside..... U.S. manufacture goes humm..... pay my workers couple of bucks a day or in the United States pay $100.00 and up for labor plus Obamacare.... Humm...... Hilarious.
The rise in the cost of labor in India is what made many companies choose China instead. Now it seems Africa is the location with the cheapest labor. Africa is the new China.
I say we need to put a tariff on all products brought into the nation from other countries; say perhaps 35%, which would account for the taxes paid by the corporations if they made the money here. The government needs to do something to discourage organizations/companies from outsourcing these jobs to other nations. This includes tariffs on call centers also. AT&T is great for this. As a client of theirs, every time I had a problem and called for help I talked to someone in India. No wonder they have cut so many jobs here in America and people still insist on using their services. I'm also not a big fan of NAFTA either and believe that the US should repeal it and start taxing all those vehicles the big 3 are making in Mexico and Canada. Michigan is broke and going down the toilet because all the jobs are going north and south of the border. But, the unions would have to work to keep wages in check this time in order to avoid their lobbyists from going back to Washington and paying off Congress to make all these loop holes they can jump through. Finally, if you ask me the government needs to go back and re-look at all the legislation that was dumped during the Bush years and think about putting some of it back in place. In the past 10 years, the middle class has become about half the size it was. I do enjoy the fact that the article does say that Americans are more productive and anyone that has ever used a hand tool knows that tools made from American steel are far superior to the cheap pieces of garbage made in other nations. If you ask me it goes way beyond that and given the opportunity perhaps one day we would be able to sustain ourselves internally once again. Hmmm, lower unemployment, more tax revenue coming in from a greater number of people, lower welfare roles and unemployment tax; sounds like a winner to me!Then once again perhaps Walmart will go back to the way things were when Sam Walton ran the show and everything sold in WalMart will be made in America! At least then not only are the Waltons getting richer but, they are actually supporting American jobs instead of every other nation.
I agree Fed Up, Why is the government considering this NOW...? Let's oppress the "Hard Working American People..." and keep the money under wraps... after all the United States does owe China a big chunk of money... The Bank Cartels are robbing us all blindly...or are we really blind and we just watch THEM WORK..us over.. C'mon Obama... you REALLY surprised us all when you murdered Osama.. NOT... I am an American.. but I am anti-government.... (I am looking over my shoulders now.) lol Ya'll have a wonderful day...
Fedup, perhaps you are the one most easily fooled.
Fed up And Gennieb
do you dislike Everyone? Do you really hate your life? I am sorry you have such a negative attitude. Get some help. A depressed few can't see the forest thru the trees.
Paranoid behavior (looking over your shoulder) is a serious mental health issue. Stop self medicating and get some help. LOL
Tomilvento and praysalot: Please enlighten the rest of us with your vast intellect...... Provide a counter argument or continue with your childish remarks. You remind me of another drone who will wait until it hits his/her doorstep and then cry foul.
Fed up- "Provide a counter argument or continue with your childish remarks." In response to a response to = "More smoke and mirrors to pacify dumbed down Americans..... After all it's election time.... lights, camera and action.... suckers"
The article itself supplied the argument that cost of manufacturing in China was rising while productivity remained low. I will add the argument that made in China = cheap easy to break junk not worth the pennies you pay for it. Your product has to have quality to survive or the american people will stop purchasing it. "Fool me once, shame on you, fool me twice, shame on me."
The job are coming back, but they are bring the people from that country with them, so there is no JOB FOR YOU, silly American. Wake up!! Go to any Corporation and look at who is doing the work. Here's a little Wisdom from President Truman for you all: "Herbert Hoover once ran on the slogan, 'Two cars in every garage'. Apparently the Republican canidates this year are running on the slogan, "Two families in every garage'." ENJOY: LOL,LOL,LOL Silly Americans!!!!
MinerFortyNiner: Thank you for a counter argument. My only observation on manufacturing cheap goods in China and "not worth pennies you pay for it" welcome to Walmart! In addition where are these day to day products made in America? Why do think a USA manufacturer seeks overseas labor? Answer: It's easier to avoid all of the red-tape pertaining to America's government bleeding them dry. (just a thought) Why pay more? Business in and out of America is about maximizing profit... not quality or moral obligations.
Fedup, perhaps you should Shutup. The article is not something issued by a government agency or political source. It is quoting three individuals who are business consultants and operate "a leading" business consulting firm in Boston and who have conducted a study (would have to review the study to determine if it is valid or not) regarding companies that send production to China beginning to bring production back to the U.S. It also quotes individual owners of businesses who said that they are bringing jobs back to the U.S. Now, how is that "smoke and mirrors" or fodder for an election year?
bhonest: Shut up? Weird. I thought this was America and we could still converse in a forum without suppression? You sir, should push off and quit reading my posts if they're to upsetting or Sci Fi. Take a break. Your, pal Fed Up.
maximizing profits is what will make capitalism a failure. There needs to be a loyalty to a society and its people and its infrastructure.
When big business runs for cheaper labor and bigger profits they destroy the nation they left behind. How by not providing the foundation which is a prosperous middle class and robust infrastructure. You know infrastructure by which every business depends upon to build it's wealth and includes a healthy working class
Dong: If only..... I pray the day comes when a fairness pertaining to living wages are applied.
You also have to consider who your market is. If an American company makes something overseas and intends to sell it in America, profits won't do as well if people can't afford it because they don't have jobs, or they're not spending because they fear their job may move to China/India/Vietnam/Wherever any day.
Corporate bigwigs are kind of like kids in this way: always after the instant gratification. No patience: get those profits now, worry about the consequences when you have no other choice. Unfortunately, the point where you have no other choice than to face consequences is always well after the point in time where you could have avoided them.
Blindfold on tightly, full speed ahead!
Greg-621390
The Big 3 had plants in Canada and Mexico long before NAFTA, and since then have not added plants, but just like here closed them.
Hey greg
If you get a 35% tariff put on the cars made in Canada, then maybe Canada should put a 40% tariff on the vehicles made in the US being sold in Canada. Considering that the big 3 have pretty much shut down most of the industry in Canada and now sell more cars in canada than they make, that would hurt the US far more than your pissant little closed trade bull@!$%# idea would hurt Canada.
You ought to do a bit more research on those brilliant ideas of yours.
GREG...
so can canada have the BILLIONS we gave the american big 3 as a bail out back?
sad that the PRIDE of american industry had to be bailed out by SOCIALISTS Eh.
....................................................................................................................
and just to BURST YOUR BUBBLE :) , I can not believe in any way that any american produces or works 4x harder than some asian forced labourer. their lives actually depend on production. as usual NATIONALIST PROPAGANDA at it finest. was this article OUTSOURCED to an EX-Soviet Pravda Editor?
TO MSNBC...................................
I Want To See Proof they only do 25% of the work of an american!!! That has got to be one of the most racist statements against asians i have read in a long time. makes me wonder ....HOW Hard Working Are Africans?????? who works harder A MEXICAN OR AN ASIAN?
I'll Take A Skinny , Starving Worker With Calloused Hands Any Day, But Never A Fat American With Callouses on HIS ASS.
Greg-
Did you ever take U.S. history? When the Great Depression started, Congress' response was the Smoot-Hawley Tariff Act. (think that it averaged around 53%, so you don't think big enough, apparently). Nearly all historians, not just leftist ones, agree that this made the Depression far worse and far longer lasting than it otherwise would've been. What brilliant insights do you have to offer us that it would be entirely different this time?
Ok, Mr.brilliant. Since you weren't around to save the world, during the depression, and you have all the answers. Just how do we level the tables as far as debt? Your obviously not affected by the economic downturn in this country. What would you do? Put our children to work,Ala Newt. Start 2 wars? Dismantle our schooling system so nobody can afford a better education. Remember, sir, blood was shed to give these corporations the freedom to operate and exist. Then they flee to communist countries,which we,supposedly detest, and bring cheap crap back here. A tariff is protectionist, but if I had a gun and someone was coming into my house I'd surely us it. So, Mr. Brilliant, what would you do? Let the intruder rape your wife and kill your children and have their way with your property. This is an attack on the American way of life, we are at war, and we need real protection and some times you do things just to survive. We need to, as a country in trouble,pull our resources together, work with each other and get this great nation of ours moving forward, so the next generation can carry on this Great nations history. Remember we are all Americans and when the @!$%# hits the fan we circle the wagons and protect. Unless some of you, power hungry monkeys, don't care about belonging to America, then get the hell out of here.
If your house were being invaded and you feared for your family's life, would you use a weapon which had proven that it didn't work? Ammunition known to be blank? That's what a high "protective" tariff is. Getting China to quit being allowed to maniupulate their currency, and getting Americans interested in buying quality over price, and making sure that the regulations that we have to have are necessary, enforceable, and consistent are the keys to competitiveness. Also, a tax code with lower rates on paper but higher revenues in practice as super-affluent corporations like GE won't circumvent it entirely while medium-sized enterprises with both fewer resources and less political clout get crucified by it. That's a great place to start. I care a lot about belonging to America. If you aren't a veteran I don't much want to hear about that from you or anyone else. If you are, then thanks for your service.
It is great news that the economics of the USA have sunk to the level that jobs in China will be exported back to the US. Congratulations George W Bush and Republican-Corporate-Bankster's you have finally made America competitive again, now just eliminate Social Security and all taxes on Corporations and the Rich and we will see the jobs come flooding back. The "Right to Work" states equal the "right to be poor", working without any benefits and little hope for a better future, that is what will make America great again!
Trumpet "jobs,jobs,jobs", no capital letters thank you, and those of us who left the middle class via downwardly mobile opportunities, may again have not just one job but two and still be unable to have; health-care, retirement, or shoes for our children. Let the Corporate-Bankster's enlighten us to the benefits of a future without shoes, I await the complicated logic with bare feet at the starting line of Americas future.
But we'll all be able to have two lumps of coal for Christmas!
Amen to you,sir.All you need to know about Republicans,is that they keep talking about creating jobs,but they leave out the
You are way too cynical. I'm sorry the recession turned you into that. But you are misunderstanding the economics of the situation. Manufacturing is not dead in the US, and things are not as fixed as you thought. Things can and do change.
Obama extended those tax cuts. They are now Obama's, not Bush. Obama caused double the amount of debt, not Bush. If Obama paid the Banksters (such as GE) to fix the economy, you still couldn't blame it on Bush. When we lost more jobs, it was because Obama was in office. I'm really tired of the left blaming the right, when they follow the same course. Of course they say that, Obama was forced into an agreement with the Right, but let's be honest, what president, isn't? I'm sure Bush compromised many times with the Left, which is why we were in this mess to begin with!
The Republicans talk about creating jobs,but they leave out the two most important words "good paying".They really want the jobs back here,as long as they don't have to pay a good wage,including benefits.
Republicans are not in the White House yet! We will be doing more, once Obama gets out! Obama is in control, right now. Your eyes should be on what he is doing, not us!
You should really be looking at what your congress people are doing with all their payouts, especially SOPA, which is coming under fire, about continuing free internet access. I hear liberals are backing it up, so they can charge people a fee for using the internet. Trouble is, a lot of liberals are also getting tremendous payouts, most of which normal people will never see. There's your money!
Unhappy, were you asleep or brain dead the whole time the REPUBLICAN house held unemployment benefits hostage until the cuts for the wealthy were extended? Don't worry, though, those of us who were awake and watching remember, and we'll be sure to demand some accountability in November.
From reading some of these posts, some people will never be happy no matter what is done. I thought the rallying cry was "Stop outsourcing, bring back the jobs!" So now that some companies might start doing that some of you still aren't happy? What do you want? A job or no job?
America is not going to recover quickly, so saying that "I'm not going to work for minimum wage or work two jobs," will definitely not help. Just the opposite. How can we buy products with no money? If for some reason a company did read comments like those, they could end up changing their minds about bringing jobs back. Health care is a big problem for many, many people and so far I'm not sure where I stand. It's possible a combination of NHS and private insurance might be the way to go, just not sure how.
As Rick 3608408 pointed out, Americans can be a bunch of whiners. Also both parties have always said they were going to create more jobs. Love the amnesia people get when their party isn't the Prez or in the majority.
I'll probably get slammed for this, but I didn't read anywhere in the article that these jobs that could be coming back, are from something the government is doing, but the companies themselves making that decision based on the cost to them.
I still believe that America can make it, only it will be a tough road ahead. I just wonder if we have the courage and fortitude to make the decisions our Grandparents did in the '30s. They gave up a lot to survive day to day, but I'm not so sure about how people will sacrifice they're "stuff" now without falling to pieces first. Somebody was standing in line for the new iphone.
If you know any thing about at&t and call their GCSC (repair center) you will get mostly Shirley UK or Poland.
The fuuniest thing about this is the people so behind the times they don't realise the Honda in front of them is made in Ohio and the Nissan in the next lanes was made in Tennessee. Toyota has a plant in Texas but they say drive American meaning Ford, chevy and chrysler.
@Unhappy
Please, just shut up when you don't have any idea what you're talking about. SOPA has nothing to do with a liberal agenda and charging you to access the internet. How about you look up the sponser of SOPA and try to say that with a straight face? You know what? I'll do the work for you. It's Lamar Smith (R-TX). That's right, a conservative. And this is JUST after the OBAMA led White House came out in condemnation of SOPA/PIPA as currently constructed. How about you open up your mind a little bit and THINK instead of just shouting "liberals!"
So "single payer healthcare" is free and paid for by magic? Oh and capitalists are evil and bad,,,,,right?
Where do the jobs come from????? I'm just wondering.
F+k the debt.
the 1% have 20 trillion in assets. They stole. Lets just seize it. Then we can go waring again. THen blow that lot of cash. We can say its national security or some C+k and bull story. Just make up any reason.
I say we go attack iran and take it over and shot up a million camel riders and Pee on there heads.
*shoot up
Union Frank welcome to the vine stand tall for the Working Man
No one believes this article, except, the sheep!
Comical!
You can read the study yourself. The guys at BCG are pretty smart, and consulting companies usually advise businesses as to those businesses' best interest. They have no interest to play politics.
Read the BCG article, and tell me which part of the data do you find to be misconstrued. Until then, please refrain from calling people sheep simply because they like or agree with this article. As much as you'd like to think, it's not all doom and gloom, and being perpetual contrarian does not make you intelligent or anti-establishment. It makes you rigid and foolish.
So go back to Faux news then.
I certainly believe that the people at BCG are consultants to business, and are not making any political statement. They see the trend and possibilities. What is remotely "comical" about that. I'll give them the benefit of the doubt and assume they know their "own" business.
Why, oh, why can't someone like yourself take even a small measure of gladness out of such an article. The folks at MSNBC didn't conduct the doggone study. They just reported what was said by the people who did.
But we like reading MiSiNformBC news!
MtMike, where have you been. Oh that's right, in a cave in the mountains with only one channel, Faux Snooze. This has been going on for the last few years and is gaining momentum. It's not just the cost of labor and shipping, but quality control as well. Say your company has fifty thousand widgets at a time produced and shipped from China, and you get a defective batch. Now you are not only stuck with fifty thousand junk widgets, you will also now have to fly you're experts over there to correct the problem, then wait for the next shipment to come back over on the slow boat while your customers do the slow burn waiting for you to fill their orders. If you produce that product here the cycle time to fix the issue is shrunk a hundredfold.
The CEO of Intel stated that it costs 1 billion dollars more to build a semiconductor plant in the USA for one reason: Regulations and taxes. Labor is only 10% or less of the cost. When stating that businesses pay no income taxes, remember that they pay state taxes, sales taxes, wages, benefits, employment taxes, SS, and Medicare.
Obama has signed over 4,500 new regulations on business since 2009. over 1,000 more are in the pipeline. Obama takes credit for the new oil drilling that has started since 2009, yet most were proposed 4 and 5 years ago. it takes years to get environmental and safety studies done, plus public hearings, funding , etc.. And putting the signs on highway projects ' putting America back to work"? Union jobs that were proposed years ago. take two years for impact studies, another for bidding another for funding, then shoveling starts. how many unemployed teachers are heavy equipment operators? Carpenters? Cement finishers? Brick layers? Yeah, shovel ready. Not.
@BabyBoomer48 and other sheep!
Who owns BCG Consultants, and requested a slanted article to be written about possibilities, down the road, slanted towards Obama. sheepie?? Just like, who owns, MSNBC and writes all this junk!
Here sheep, follow the money stolen by government from taxpayers under Obama and Bush, keeping the thieves that caused this fiscal crisis in money and power!
http://factreal.wordpress.com/bailouts/
http://money.cnn.com/news/storysupplement/economy/bailouttracker/
http://projects.propublica.org/bailout/main/timeline
So if people don't believe your totally cynical view of the world, they're sheep right?
Your noise is always the same with every post. No facts, just cynicism. It does get old.
So, Oldman, let someone put an unregulated plant in your backyard and YOU drink the water and breathe the air it produces. Some of us want a healthy environment. What good are available jobs if workers are too sick and die too young to fill them? Of course, we can always go back to the days when Black Lung, Siliconosis, and a whole host of other such diseases were rampant. Just in the case of Black Lung disease alone, regulations passed in the last 40 years have helped reduce occurrences by 90%. That is NOT a frivolous accomplishment.
Unhappy, I'm tired of the Right refusing to take responsibility for their (your) actions. Bush "compromise"???? Please. He had a majority Republican Congress who gave him everything he wanted including two unfunded wars that made his wealthy friends even more rich. It was during his reign of terror that the national debt started climbing due to these wars that cost billions of dollars while he also pushed through a major tax cut for his wealthy friends thereby cutting the national income at a time that needed more income to pay for the wars. So, get off your high-horse and stop trying to shift the blame to Obama. After Republicans raided the bank and left it empty, you expect Obama to be able to keep the nation out of bankruptcy while constantly screaming "no new taxes!". At some point, one must pay the piper or follow him (the piper) off the cliff.
That this can bring about discussions that are POLITICAL PARTY based illustrates that the USA is indeed headed in a very grim direction. Bringing US jobs back, regardless of how, should only be accepted as good news. The people interested in arguing to the contrary have no issue standing up for and protecting men and women who feel that 5 million dollars a year in pay is nothing when you can cut the staff, send jobs overseas and make double the money. Â So to you very strange Americans who live to protect the greedy while working to earn six figures or much LESS Â working hard for 50 hours a week, You guys and gals NEED HELP because you are linked to some very strange people historically!
spiritdance
When was the last time you tried to build a house? How about a garage? How about a storage shed? Try getting the building permits in less than a year. And that is for a privately owned lot. Now imagine what it would take to build or modify a Manufacturing Plant.
Wow, do you ever need to jack up your city councilman/county commissioner/whatever about your inept and/or corrupt codes dept., as does everyone else there!
@MikeO76 and the rest of the sheep,
Keep ignoring the facts, sheep! Open the links and LEARN SOMETHING!
http://factreal.wordpress.com/bailouts/
http://money.cnn.com/news/storysupplement/economy/bailouttracker/
http://projects.propublica.org/bailout/main/timeline
BRIBERY
While Americans' retirement savings and house values vanish, Obama signed another BRIBERY BILL (AKA Omnibus Appropriations Act, 2009). He will take money from your pocket to finance these politicians' interest projects. How many jobs will be created or how will these help to stop the recession:
$6.6 MILLION
for TERMITE RESEARCH
$5.8 MILLION
for TED KENNEDY INSTITUTE FOR THE SENATE
$5.0 MILLION
for SUGARBEET/AVIAN DISEASE
$3.8 MILLION
for TIGER STADIUM
$2.7 MILLION
for WOOD EDUCATION (??)
$2.2 MILLION
for GRAPE GENETICS
$2.0 MILLION
for ASTRONOMY PROMOTION
$1.8 MILLION
for PIG & MANURE ODOR
$1.7 MILLION
for HONEY BEE
$1.2 MILLION
for CITRUS CANKER (which doesn't affect the fruits)
$1.0 MILLION
for CRICKETS
$819,000
for CATFISH GENETICS
$800,000
for OYSTER REHABILITATION
$473,000
for LEFTIST NATIONAL COUNTIL OF LA RAZA (THE RACE)
$469,000
for FRUIT FLY
$380,600
for CARBON NEUTRAL GREEN CAMPUS
$300,000
for GO GIRL GO! (???)
$250,000
for LOBSTERS
$225,000
for EVERYBODY WINS! (???)
$209,000
for BLUEBERRY IMPROVEMENTS
$200,000
for TATTOO REMOVAL
$100,000
for READY WILLING & ABLE (??)
…more: Earmark List-3/10/2009
OMG !!!
We would not have these problems if we would just buy products made in America. We could fix it.
Buy American. If that wasn't so pitiful it would be funny. Have you been in the stores, or in a cave? There is Nothing made in the U.S. for us to buy. So how are we going to buy something made Here?? Wal mart, Kohl's, Target, Home depot, Lowes, Sears, Etc Etc Etc Etc Etc. All made in China or some other country. Check it out.
well hey, why don't you donate a few thousand dollars to every family in the country to offset their cost of living
Tarzan, it's you who must be living in a cave. Check out: http://www.stillmadeinusa.com/ http://madeinusaforever.com/
or just use your fingers to google it for yourself.
Check this source out. It will dispel your wrong notions of US manufacturing. We actually outproduce China in manufacturing.
http://curiouscapitalist.blogs.time.com/2011/03/10/can-china-compete-with-american-manufacturing/
Whenever you make a purchase, ask where it was made and/or look at the label. Whenever possible consciously decide to buy products made in the USA. If you don't have to have it, don't buy it and tell the store why. Eventually, if enough people do so, they will get the picture. In the past, almost every time I have bought something made in China it has been defective. No more. I now check to see where it is made. And, I've been telling stores and others that they should only sell Made in the USA products.
Hey bumbulbe, who are you to be talking about "Buying American." Why don't you look on the underside of your computer. I bet anything it says "Made In China."
So, take your obesity and lip service somewhere else.
The issue I see here is that China is not the only country that is doing manufacturing for the United States. There are several other countries that are also taking the jobs over seas and these countries have the same advantages as China. If it becomes too expensive to have things made in China, the companies will just move to another country that is subsidizing their industries with government funds.
part of what makes it too expensive is the cost of shipping and gas. So moving to yet another country, building a plant, paying workers and shipping materials is still going to wind up more expensive.
There have been alot of people making noise about correcting the outsourcing issue through the tax code. One would hope that decision makers and "job creators" are paying attention.
Yea the enemy is the Chinese?
No. The enemy is the lies and bail outs to the rich 1%.
These monkeys say the chinese stole the jobs? No. The chinese gave everyone cheap clothes and better quality then before. You can bitch all you want. Thats a fact. We get all kinds of cheap stuff that we couldn't get before.
Is it bad for the uneducated in the USA? Yes. These jobs were going over there either way. The problem is that government did not retrain people. The problem was that tax was not high on the rich folk who steal away the futures. Then call it envy and celebrate the poverty.
You rejoice at what? Some one else suffering?
These manufacturing jobs in the usa are going to pay $5/hr. Wake up.
If you want a good job, we need to get the construction industry working again. We need cut down the income inequality. So people can afford homes.
These S.O.Bs Financial Crime Syndicate of the USA are going to get Tax payers to bulldoze 1 million houses in the usa. They wont hand one over to a poor guy.
Knock it down but never a freebie for a peasant. We aint commies.
Only freebies in the trillions if your a rich F+k.
Friend of mine has worked in the furniture business his whole life in N.C. When Broyhill and most of the other manufacturers moved their business to China, He somehow kept his job. Guess how. The quality of the furniture coming from China was horrible and the companies had to inspect and rebuild most of the Chinese built furniture before they could sell it here. He said most companies now have many people who rework chinese furniture.
Why make crap there when we know how to make it RIGHT here.
I know why American business went to China. Maybe they are seeing that it might not have been such a good idea. Let us hope so.
My mom has a friend that decided to buy American made merchandise over Asian made merchendise for her clothing store. The American made merchandise that came in was so badly made she went back to her Asian suppliers. It works both ways.
Mark,
From my experience with chinese suppliers, you pretty well have it nailed. Companies rushed to outsource because of the allure of "lower cost" products. What many failed to accurately account for in their analysis were the many additional "soft" costs that this produces.
Quality is lower, so now you have to do more inspections. This requires additional inspectors. Longer lead times along with higher rejection rates requires carrying more inventory. This costs money. When you need to have face to face meetings it costs much more money. Even having phone conversations is an issue due to time differences. There are additional accounting and finance issues and costs related to working with foreign currency. And the list goes on and on.
If the parts are significantly cheaper, it may be worth the additional hassles and soft costs, but as the labor cost difference narrows the numbers no longer work. That is why you are seeing jobs coming back. It is good news, and it will continue.
GVC: It really does happen both ways. Recently I bought a hat from JCP and I didn't realize it was made in China. That hat fell apart after one wash, even though I followed the instructions carefully. I will be buying "made in America" from now on.
Mark--Great point. As the saying goes, "You get what you paid for".
GCV
I have been buying American made sweatshirts, t-shirts etc.. for years. The quality is off the charts better then imported crap.
Maybe she found one bad supplier but my experiences say American craftsmanship has been superior by far
Do you? I bought a $90 pair of Nike shoes that lasted for 3 months, while the $20 shoes I have since bought from Target or Wal-Mart have lasted for years.
Price means absolutely nothing.
Yay! Let's all buy "Made In America!" Let's just ignore that ALL our computers are made in 3rd World Countries and China! Yay!
Hosfac -
Really think that your Nike shoes were made in the U.S.? (I'd guess Indonesia.) Don't mistake American brands for actual American-made goods. The "Hewlitt-Packard" computer this is being typed on was Chinese-made, as was my "GE" microwave. It's near impossible to find domestically-manufactured small appliances any more. But there are still many things that you can find made here if you look some.
Actually, I work for a large manufacturer...and we are starting to insource some of our components back into the US. Prices are starting to be relatively close and the convenience and ease of having them in the US is worth a lot more.
Boeing is bringing more and more work back to the states too. Why, because many of the vendors parts need to be reworked the moment they come through the door
It has been my experience that the quality of manufacture is no to bad with Chinese made goods. BUT the quality of the material is pure crap. For instance Furniture. Pretty well made couch,but the wood used in the frame is full of knots,checks(cracks) and warped pretty badly. Now a US made couch(Broyhill) is made with better wood,nearly knot free,no checks(cracks) and STRAIGHT!!
Slodon, I used to buy G.E. brand CFL bulbs, too, but none would thread properly into any base! Then I noticed all had been made in China. I'd rather pay 5x as much for an American-made product made right that lasts 10x as long.
On the other hand, China has some great ideas we should consider here. Most of our American corporations pay far less than the 35% corporate tax--half pay 0! We could enforce the 35% tax rate across the board, but do what China does: offer to use it especially for the corporation paying it, to build infrastructure to help that particular business. We can use ideas from anywhere, if they work.
The reason why boeing is bring some work home is because of defense regulations. Its not because its cheaper. They lost heaps of work all over.
How do I know? I know about defense contracting.
The S.O.B executives have been selling american know how to the world and then why we lose business. All over paid traitors.
We recruit Red Chinese to fill our colleges and universities and take priority in placement for diversity issues (e.g., foreign national and 'minority') and bring home low paying jobs in exchange? Makes sense if The United States is becoming a subservient nation. (E.g. Johnson, J. (11/14/2011) Chinese students enroll in record numbers at U.S. colleges. http://www.washingtonpost.com/blogs/campus-overload/post/chinese-students-enroll-in-record-numbers-at-us-colleges/2011/11/14/gIQAyYlKLN_blog.html
Time for your meds. Chinese don't take "priority" especially since there are so many of them. I see the fact that so many Chinese come to study here as a sign that the US university and graduate education system is the strongest in the world. You see it as an invasion. Sheesh
yep. our k-12 system is truly abhorrent, but our university system is still the envy of the world.
"but our university system is still the envy of the world."
Are you kidding??? The same liberal machine controls both. As a result, we have thousands graduating that cannot even spell their own name, let alone qualify for a job.
What jpeg states is actually absolutely true. I have been interviewing individuals for many years for prospective high end positions and many (too many) with Masters and PhD "literally" can barely write there name.. let alone anything more in depth.
If this is true, I'm a shoe-in for lots of good jobs. I just don't have a PhD or a Masters.
lilian, the very fact that you refer to Chinese as "Red Chinese" debunks anything else you may say. While I strongly differ with the government of China, the people of China are usually good human beings. Your label defines the people in a negative prejudicial way.
If you want better teachers in the K-12 grades well you have to be willing to pay a much higher wage.
Does anyone really believe the brightest people are lining up to teach our children for $40K - $50K a year.
Common sense says we pay a low wage to teachers we get what we pay for.
Dong work--sorry, but your 'formula' for better RESULTS in K-12 should be if you want better teachers, you need to be willing to pay a much higher wage TO THE GOOD ONES. As long as the Education Unions are mandating that you have to pay ALL teachers the same, based mainly on how long they have taught, you will never have good results.
And that is one of the major flaws of labor unions in ALL phases of our work force.
And PS, as a former teacher myself, and the mother of another teacher, I know that there ARE 'best and brightest' who are lining up to teach our children for $40-$50K. The hours cannot be beat, and the reward of helping young minds to 'expand' is for many, the most important part of teaching.
jpeg and rbn
I can assure you that the Chinese are not coming here for a Liberal Arts Education. We still have World Class Engineering Universities and Colleges.
@rbn I'm not so sure you interview people with Masters and PhDs when you yourself don't even know when to use there or their. You said they can barely write there name, instead of their name. What's up with that?
When immigrants come take our resources, do not learn our language, etc that is crossing the line to colonization. Make no mistake the education grab will result in a white collar job loss, so sure give us back some blue collar jobs.
Taxpayers will become even more reluctant to support universities that their children cannot get into as more and more priority is given to these colonizers.
The chinese are not the enemy. They come here and learn what they can. That is creating work for our universities.
The enemy here is bad policies influenced by S.O.Bs and special interests. We need the best learning techonlogy. We need to cut down time to learn stuff.
We need to get rid of congestion. Thats our enemy. The enemy of business. We need can do it. The american ability to innovate is the best . Thats why the chinese come.
These problems are the problems we face. Are the chinese stealing our secrets? Yes but its because the executives in US companies sell it and break the laws. These S.O.Bs will sell each other for a Buck.
Everyone steals from the USA. They can't steal our ability to innovate. Only we can lose that by cr+p education. We need Obama to pass a job stimulus and no more blocking by the twits in the congress.
Impeach the congress.
We need to break up the banks.
We need to regulate excutive income. We need to stop the circle of criminal unproductive executives voting on executive compensation. How else do you think these bozos get big income?
What's absolutely hilarious about these comments is.. those that are so adamant that people are sheep believing this article.. would be YELLING PRAISE FROM THE PULPITS.. if it were a Republican in the White House...
They would be freaking out about how it was Republican policies that got it to this point.. oh.. and don't forget the tax cuts.. it was the tax cuts!!! It's proof of how cutting taxes creates jobs in America............. But.. It's Obama in the Whitehouse.. so it's Hogwash.
Right Pubbies?
WTFCares: There is no such thing.... Republican vs. Democrat or G.O.P! Drop the foolish political references.... At the end of the day for all of those P.O.S it's all hugs and kisses.... Money and Power are their masters..... Follow the money...... Here's your new masters......
Council of Foreign Relations, Trilateral Commission, Bilderberg Group, Club of Rome, United Nations, World Bank, and the International Monetary Fund.
"A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and he carries his banners openly. But the traitor moves among those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared." - Cicero, 42 B.C.
Treason?
Dude,,, If I was you I'd start looking into Romney & Bain Capital -- Look into why the GOP suddenly anointed him.... Follow the money behind "Citizens United"
Private Equity frims like Bain are bankrupting states with their public retirement insurance plans ------- The NEXT TAX PAYER BAILOUTS
Private equity is routinely charged with all sorts of iniquity. It strips companies of assets and flips them for a fast buck. It loads them up with dangerous amounts of debt, to suck out capital for its investors. It pays scant attention to employees and suppliers. Its greedy partners avoid the tax that others have to pay. If the markets turn, the volume of condemnation will only increase. Imagine the derision when funds stop making money even as their partners take home large salaries on the basis of past achievements; when private-equity-owned companies default on debts, leaving insurers and pension funds saddled with the losses; when workers are put on to the street because of desperate cost-cutting or bankruptcies.
Romney got a $4 Million dollar "Golden Parachute" & Bain got a $44 Million dollar tax payer BAILOUT
Nice quote Fed up...
I like "Common sense is never common" Voltaire
Jim, if those same companies were left to fail, what would the outcome be?
At least learn the difference between a venture capitalist and a corporate raider.
A stronger economy overall and a capitalist system that works the way it's intended. Weaker companies that make poor business choices are SUPPOSED to fail, so that the stronger companies that don't make poor business choices can thrive and become even stronger.
But what happened? Companies that were once strong, but had grown extremely weak in their business practices, were propped up by the government for no other reason than they were big. The banks in particular kept with their weak business practices by foreclosing on homes at a record pace, many of which continue to stand derelict today and have since become dilapidated to the point of being unsaleable. Weak companies were rescued and continue to use the same weak business practices that got them in trouble to begin with.
What benefit have we gained by this?
Again i disagree somewhat. Some technology and know how is worth saving. We can't have General motors failing. The complicated and capital intensive and innovation these types of corporations comes from millions of man hours.
I can understand bailing out these types of corporations. The lack of options when bankruptcy occurs befundles me. Why? Maybe we can break these corporations up when they fail so we get more competition.
When I see american corporations that are bailed out still have the crazy high compensation for the executives and the worker F+k All. Its high treason.
The guy down on the tools makes the damn automobile. The R&D guys gets paid Sh+t. The guy sitting in the board room who can barely tie his shole laces gets millions? That is crazy.
No wonder it failed. How many workers have to work for the top 1% of earners in GM? These Criminals on the board and other fanciful names get so much that 20% of the employees of GM have to work just to pay these unproductive F_cks first.
The chinese and german and other countries do not have this burden. There is your problem. If we cant fix it. Regulate the compensation.
Even the F+king jargon is designed to confuse and waste time with these vultures.
The other big problem is the funds are run by the criminal executives who vote the boards in the companies that the funds buy shares in.
Thats the biggest enemy of america. Not some peasant chinese. Upper management cronyism that infects the congress is the enemy of the USA.
A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and he carries his banners openly. But the traitor moves among those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not traitor, he speaks in the accents familiar to his victims, and he wears their face and their garments, and he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of a city, he infects the body politic so that it can no longer resist. A murderer is less to be feared." - Cicero, 42 B.C.
This guy is describing the congress run by the 1% S.O.Bs.
George Herbert Bush will have to eat his words about the New World Order. He and his buddies won't succeed at pulling it off. It will fail. The government is already back peddling on the idea. America needs to maintain her soverignity on all levels. Strength comes from within, unless you like being at the mercy of the Euro Zone, dictated to by the Chinese, eating flavorless fruit and vegetables from Latin and South America, having our land polluted by a Canadian oil sludge pipeline, and ripped off by off-shoring, outsourcing, HB1 Visa work program Corporate America. The only ones who are benefiting from the NWO/Global Economy are the GREEDY GLOBAL CAPITALIST PIGS.
When they measure worker productivity, they are measuring it in dollars not items produced. Imagine that a Chinese worker's output is 100 widgets per day and that their low wages allowed those 100 widgets to be sold to a US company for $50 dollars. Now imagine that a US worker can produce those same 100 widgets in a day and that allows the US supplier to sell the widgets to a US company for $200 dollars. The US worker is thus measured to be 4 times as productive to the US economy as the Chinese worker is to the Chinese economy. But the worker's outputs when measured in widgets are exactly the same. Of course, the US company will choose the Chinese supplier over the US supplier. Why? Because the US company cares about their bottom line and couldn't care less about meaningless national statistics.
Somewhere in all that the cost of shipping materials and supplies, not to mention shipping the widgets from China has to factor in.
Oh, I forgot, the Mexican truckers bringing all the crap from south of the border.
Yep, all those ten dollar a week manufacturing jobs are coming back to twenty dollar an hour America. Right, what kind of B.S. is this? You will never get the treasonous American corporations to give up their slave labor, NEVER.
You'd better get to the warming hut. Your brain has frozen.
"The United States may be on the verge of bringing back manufacturing jobs from China."
Underline "may be" for 2015
Tee Chinese worker does not work as many hours, or days as americans is what they mean by under productive. They are not willing to work themselves into disability at an early age. We americans are happy to work 60 to 80 hours a week with repetitive work. If the companies can just figure away around those damn workman comp claims and get the wages lower they will definitely be back in 2015.
Workman Comp claims? ---- You are totally nuts
It's not a problem for businesses here, there are few job related injuries & China doesn't pay their workers Comp when injured,,, They just give them more meth
You want us to be another China?
reality,,,, Do you know why there are fewer Workman Comp claims?
State & Federal "REGULATIONS" that conservatives cant stand ---- It reduces injuries in the workplace,,, That saves the employer a hell of a lot of money
And they save American Families a ton of grief stress & medical bills because of less injuries on the job
Jim,
I can tell you have never worked much manufacture work so stifle it.
I have friends that 20 years later are still having carpi-tunnel and tendinitis problems from the work they did. I can imagine you would not be one of those for you do not appear to be a very productive person. They were.
I'm well aware of carpal-tunnel.... You would rather have workers do without comp like in China? --- You would rather the worker's families go without any income?
Jim,
Reread what I said. I was back in the era of these companies before they moved, back in the 1970's and 1980's.
Part of the reason they moved overseas was the cost in wages and workman comp claims that they created by over pushing their workers on productivity and in longer hours of 60 to sometimes 70 to 80 hour weeks.
I know quite a few to this day that are on SSD as a result of over pushing it with repetitive work. They have broke all types of production records as the company encouraged, however they cannot do the quality things they would love to do with their grandkids as a result.
We are more productive, however seeing the results of some of your fellow workers 20 to 30 years later do not look so good.
reality-1087596
"The United States may be on the verge of bringing back manufacturing jobs from China."
Underline "may be" for 2015
Tee Chinese worker does not work as many hours, or days as americans is what they mean by under productive. They are not willing to work themselves into disability at an early age. We americans are happy to work 60 to 80 hours a week with repetitive work. If the companies can just figure away around those damn workman comp claims and get the wages lower they will definitely be back in 2015.
You are so very wrong! I am living in China. My wife is a school teacher and she works 10 to 12 hours a day, 7 days a week! Her brothers and sister work at varies jobs and they all work the same hours. The only people that have decent work schedules, I know you can guess are the CEO's and upper management and government workers. the rest work very long hours. But they are learning, they are striking, like a union.. ha, no unions here, asking more wages and benefits, much like we did in the roaring 20's and will be again if you let this right to work states get a hold and naturally the union busting GOP. They are not Communist..... they are Capitalism/Communism.... the worker sees no difference in either.... either a dictator or a CEO... both want money and power! Be careful America...for what you wish for....
The one thing they do have going for them is.... they can retire at 50!
And yet the virtually kill their athletes to be perfect at the Olympics. Sorry, but the story and your (and others) suppositions that the Chinese are only 25% as effective as US workers simply does not ring true. The only thing that makes sense is that US workers are more skilled at rudimentary manufacturing jobs and the shipping costs and delays are becoming too costly.
Globalization is a failure. Self-sufficiency is the rule for all humanity for all time. Trade is not the ticket to a better life. A better life is achieved through having a real community and communal self interest and work by and for all.
Nonsense!
Here Here!
Yeah, let's go back to the good old days, where almost no one travelled over 50 miles from where they were born in their whole life (unless to go to the "Crusades") and we all worked in our own community (for the village noblemen as part of his fiefdom), ate only what we could grow for ourselves, lived in our one-room thatched roof huts, and women spent 12-14 hours a day baking bread, cooking, sweeping, and weaving their own cloth for clothes that they had to sew by hand for anyone to have anything to wear. Ah, those were the days, when men were real men ...
Bingo!
uno...
There should have been (and should be) dis-incentives for American companies to move abroad. Companies like GE who recently moved to China should be boycotted by the American people. The companies who don't support Americans by moving their companies and hiring workers abroad should not expect American consumers to support them. Let's get a list of these countries and refuse to buy their products!
What about those foreign companies the move here in u.s?these companies stole jobs away from their compatriots it's about time also that they should go back to their country of origin.Foreign companies from Germany,Japan,China(yes, China),South Korea,India among others should also think of insourcing.
It's laughable that MSNB AND NBC recycle their news.I've read this from here and seen it on Nightly News before, sometime last year.
China maybe laughing their way because when these new, product of in-sourcing workers retire,more Social Security benefits ,Medicare, SSS will be paid off.So more money coming out and more debts to be paid.We, the still working employees are actually paying the retirees for their benefits,SS and SSI.
Are there money left when we retire say 15 to 20 years from now?
Culheath, I just read your comment on healthcare and couldn't agree more. I have lived in Canada and despite some drawbacks, it beats the healthcare system here in the US. I am voting you up.
Then try posting it as a reply to his comments, where it belongs and would make sense, not someone else's!
romney is a hero!!
he crushed the lazy union lib dem workers and took there pensions, shipped there jobs over seas and gave big profits to us share holders, and because of him we hear now in this article we will be bringing back our jobs from china, you workers finally once all this unemployment runs out and the gop ends it will be willin to work for 5 bucks an hour no pensions, no medical benefits no paid vacations but on the bright side the gop will eliminate obama care, privatise social security and eliminate medicare and medicaid so your pay check will be much more not payin social security and medicare tax-a win win, and all we have to do is cut off a bunch of old lazy people unwillin to work and milkin us all dry-make it happen bring the jobs back-vote tea party were takin america back!!
You have been Obama Washed and are spewing the Liberal Socialist spin. Obama needs to be sent back to Chicago to save this country
yeAH right i look forward to obama and michelle hangin out with there other brothers and sisters where the only place there should be true welfare-the local prison!!
your gop sent the jobs overseas in the first place blaming union wages and if you just read the same story above it explains china wages are beggining to equal US labor wages, and by bringing the jobs back you create purchasing power for the middle class and in turn they can buy homes, cars and other commodities and sadly you do not get it, because all you can do is believe Rush Limbaughs bulls#!@ with no ability to think on your own.
You have zero sense of political history, and can not distinquish between what an opion is and factual history. You need to read not listen to RH spout off then you attempt to repeat it like a parrot.
limbaughger
Ahhh yes America..... here we come... right back to the 1920's....no unions... no wages.... no benefits.... no vacations....I owe my soul to the company store.....
don't listen to these kind of people.... you will go back in time.... right back to the sweat shops!!
Romney has a job plan, there's no doubt,
But you won't like it when you find out
The jobs everyone sees
Will end up overseas,
'Cause all of his jobs are sourced out!
Romney is a phony lunatic
I think that if the comments were moderated on these sites that the temptation to steal threads for another purpose would be greatly reduced.
say what ya want but on subject?
maybe a option to not even see the comments off subject of the OP.
These so-called "Tea Party" people should live up to their "namesakes"; grab their "axes" and "AX THE TAX CODE".?? With its $1.1TRILLION in "breaks", exemptions and "loopholes"; Plus allowing 45% to pay NOTHING! Thats where your "DEFICIT" is! Why does the GOP/Tea Party ignore this bleeding of our Economy by the Rich And Corporations?? "AX THE TAX CODE" ?? Or won't your "masters" let you??
Kevin: Sorry, my post was meant for Tea Party limberger on #21
kevin --
notice how many collapsed comments that there are at the start of the comments on this story? There is moderation going on, but it is mostly collapsing things people don't like, even if they don't violate the Code of Honor/Terms of Service and nowhere near enough collapse and/or deletion of the ones which hijack threads for their own agendas mostly or wholly unrelated to the articles. To me, totally OT posts need to go away almost as fast as adspam, racism, personal attacks, and the like.
It is about time America woke up and got OUR JOBS BACK IN OUR COUNTRY!!!! Of course, now we'll find out if alot of our people would rather be on unemployment and stay home and watch tv or would they rather work ..............I try hard NOT TO BUY ANYTHING FROM CHINA........... which , by the way.....WALMART IS LITTLE CHINA!!! So you might want to stop shopping there to help the AMERICAN COMPANIES BRINGING JOBS BACK TO AMERICA!!!!!!!!!!! Stop Walmart's little Chinas all over America and we (Americans) might actually have a future again...........wouldn't that be nice.........but it will cost a little more since our people like to earn more!!!!!!!!!!!!! That is how China hooked us................and yes, ALL THE MONEY GOING TO CHINA WILL HELP THEM BUILD A MIGHTY MILITARY AND ONE DAY, THEY HOPE TO SQUASH US!!!!!!!!!!!!!! REMEMBER, THEY HATE US...THE US..........AND also, why are we allowing other countries to BUY UP OUR LAND????????????????????? They will then have enough power to vote for someone who wants to work and trade with them!!!!!!!!! WAKE UP AMERICA WHILE WE STILL HAVE A COUNTRY!!!!!!!!!!
I dont think they hate us. never did except when we had the korean war, makes you wonder how we could go in debt and be such friends now with a nation that we killed thousands of each other in a senseless war doesnt it? same with japan and germany makes you wonder if we only fight these wars for economics-maybe ron paulis right about all this if you take a minute and thaink about it all, russia, china, japan germany all of sudden good friends with them having companies in the usa and them sellin us oil or loaning us money, dont make sense does it, maybe there is some truth that the top 10% control the world and the rest of us are there puppets??
Preach it Susan.
Wal-Mart transform from protecting American jobs unber Sam Walton to being the major outsourcing from China unber his GREEDY children's leadership.
American economy is now reaping the what the outsourcing has caused, plus what jobs that cannot be offshored companies hires illegals from Mexico and Central America.
Quit the Walmart bashing! I shop there all the time and the items I buy are the same name brand food and personal hygiene items I would buy in any high end pharmacy or supermarket. These stores sell name brand toys, hardware items, etc. that any other store would sell.
If you're speaking about their clothing, then yes, much of it is a cheaper quality and made overseas. However, if you go to the higher end department stores and check the labels of their any of their clothing including even the most expensive clothing, you will find very few if any that are made in America.
So go ahead and shop the higher priced stores and buy the same items I do at Walmart and pay more for it if you like, it's a free country. (and you will probably be driving yourself home in a foreign brand car or SUV, but then that's okay, right!)
Grandma mosses...News Flash!!
The "name brands" you buy from Wallmart ARE not the same. I worked for major manufacturing company's for 30+ years. What we sold to Wallmart was Called 2nd's. We had no choice than make a "special" deal for Wallmart...and they got what they paid for. No warranty's on electronics's, no quality control for canned goods, more "fillers" in cleaning supplies...the list goes on. Don't believe me, go check out the TV sections, Wallmart "name brand" codes will be one or more digits off than the main street stores. You want garbage, thats your right.But don't be such as sponge and believe every thing you hear. Check it out.
Grandma mosses
Better read the fine print, a lot of their electronics are refurbished as well. In other words, the cheap Chinese junk didn't work right the first time.
I agree with you but all politicans are guilty but the OBOMBO socialist
liberal agenda and the democrats are not the answer! their answer is
welfare nanny state giveaway promises green fairytale jobs and forcing
energy food gas prices thru the roof and making hard working people
pay for it while his big union buddies and other demos become millionaires!
Give me a break! if OBOMBO let the pipeline thru we have jobs and cheaper
energy! if he let them drill for gas coal and oil we have jobs and cheaper
energy! what don't use idiot liberals get? there is no green jobs! it's all
a scam! if the technology is there and it's cheap people will buy! let
the consumer make the choice not OBOMBO and his socialist big union
democrats! freedom? or freedumb? oh the chevy volt was a great idea!
too bad the taxpayer had to foot the bill for that disaster!
Learn to speak Teabag.http://www.youtube.com/watch?v=QCqQRflUWd4
The whole world hates us. We take there money and then we sh+t on it.
The USA finanical crime sydnicatel burned at least 1 trillion of wealth aboard in 2008. THey burned 10 trillion and then got loaned 27 trillion from the fed.
WE go and blame some dumb rice eater. We get the racist F+cks make up cr+p about how the world is going to end because the Chinese are going to eat it.
Its Just Horse Sh+t. These people say anything to take away attention from there criminality.
Rush limbaugh and the other fox crazies are not qualified to be dog catchers.
China had the idea all along that if they could steal jobs from Americans, then America would suffer, but China could get America dependent on their cheap labor -- then they would suddenly raise prices for manufacturing, shipping, materials and drop the quality to put America over the barrell. Well, folks, most of our electronics come from China. If they suddenly just stopped shipping product, now that America owes them payment on all those loans, the US would be crippled. It's coming. China is NOT our friend!
China is not our friend. Though are the banksters? Who is worse?
Who put 55 million americans in poverty? Was it the chinese? They stole jobs paying $5 per hour. Great.
The chinese peasants are stealing our work. You can go and work for $5/hr.
We see the financial firms destroy and buy yup good american firms and strip them of american know how and hand it over .
These greedy criminal executives stole even classified technology and hand it over to anyone. They break law after law. Then they fine the corporation?
The bankster families lied and stole and we have the biggest fraud in the history of the world. What happens? We are told they are too big to fail?
We have 20 million homes vacant, 20 million homes in foreclosure. That idiot banks are going to get the banks to bulldoze 1 million homes this year.
The poor guy in the USA won't get a break. These bankster families are the enemy and they fight dirty. They drumb the sh+t that the chinese are the enemy.
Yea everyone is the enemy but these S.O.Bs.
Welcome the paranoid future where the USA finanical crime sydnicate within creates fictional enemies aboard.
They didn't steal jobs paying 5 dollars an hour, they stole family wage jobs, were only going to pay $5.00 an hour to re-import them, despite the fact that the product will be more expensive than when they left.
Besides, they didn't steal anything, the industrialists sold them out from under us, and split the difference with the Chinese factory owners and the oil companies. It isnt' the chinese worker who's paying $100 a pound for Dungeness crab at their table.
Right now, productivity is lower in China because its cheaper to hire more low wage employees than to automate. However, as wages get higher, the Chinese will automate more factories, and productivity will rise dramatically.
Does the study recognize that? It seems to belive productivity will not increase. The Chinese will not just let business go away, they are intelligent and will adapt.
They are disciplined and will not let anything get in their way!
Yes, China will always be cheaper because America cannot accept lower wages because we have debt to pay where as Chinese don't have debt. They can accept lower wages. Google for "CREDIT INFLATION" to understand how the monetary system enslaves us.
Ed-1112852 first if you think they are not automated you need to think again. It's not the lack of automation that is the problem. It's a quality issue. I am a computer programmer and when programs were returned here for use, they are useless. Riddled with errors that make them unmarketable.
I also worked in a small factory where we purchased the items from China and then brought them here for finish work. The quality was horrific. It took longer to refinish and repair the product than it did to make it here in the first place.
If you do some research on Chinese consumers who purchase American made products, they do so because they feel it is a better quality. Automation will help this issue but without work ethic, it won't help much. Why do you suppose there are so many black-market items in China bearing US names?
As for their education, I can only speak on my profession. For years China turned out computer students who could not think outside the box. While here in America companies like Microsoft were asking Universities to produce more well rounded students. In other words, think outside the box and use common sense. Ive spoken to many recruiting managers that have told me the students that were turned out in China cannot even produce a simple resume, or form a complete sentence on a document. This type of education does not produce quality work, nor does it inspire a worker to be better.