Quote:
Originally Posted by Minte
You see how,..what?
We can compete with China in most areas of manufacturing. Automation in the US is exactly as effiecient as it is in all of Asia. It's true,that the amount of true manufacturing positions has decreased due to technology. But there are still a large majority of small businesses that eith can't afford it, or don't actually need it.
What has to happen is that at some point the consumer has to realize that they need to shop somewhere besides Walmart.
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Then why are so many of the goods we buy made overseas? The shoppers choose Walmart because that's all they can afford. Walmart buys from China because it's cheaper.
Quote:
Originally Posted by crockett
In the past the key advantage the US had was "WE" were more efficient than the 3rd world labor forces making higher labor cost more worthwhile. Now thanks to ease of transportation & a global economy, the third world (yes I look at China as 3rd world) has caught up to us because it's easy enough to take high tech & build high production manufacturing to their cheaper labor pool.
Out side of niche products that it simply isn't worthwhile to build overseas we can not compete due to their lower costs of labor.
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I used to be in the dress manufacturing trade. In the 1970s we were competing with clothes that were selling in a wholesalers cheaper than we could produce it in the factory. The car business collapsed because of the price of imports. the porn business collapsed because of the price of online porn. People always buy on price.
For the real truth look at the balance of trade over the last 50 years and then think of how it's going to be reversed.
http://www.census.gov/foreign-trade/...ical/gands.txt
Look at the truth and not stories of these mega businessman who have time to waste on GFY.