2006-08-10 02:31:21 · 6 answers · asked by Hard to imagine 1 in Politics & Government ➔ Other - Politics & Government
We cannot compete with manufacturing costs with China. Not even close.
A friend of mine had 8 manufacturing plants here in the states. The average worker cost almost $60 an hour after salary, benefits, insurance etc.
Guess what the hourly employee cost his company when they FIRST moved to China?
Try 25 cents!
Now, 8 years or so later, the workers cost his company almost $12 an hour. And, those workers are living a slightly higher than middle class living.
Those jobs are GONE. We cannot compete. It would be like trying to grow corn in the desert. Why compete in an area where we cannot naturally compete? Why subsidize? Why force manufacturing to stay here? So corporations and citizens can pay 5x what they should be paying?????
Let the jobs go where they may, train the workers here in the US to keep on the cutting edge of what we ARE competitive in. Think we cannot continue to be cutting edge and competitive in new areas? We can. I have ultimate faith in the US. Read Steven Ambrose's "Citizen Soldiers". Our ability to adapt is what makes us great.
I laughed when I saw Kerry up there a few years ago saying "bring those jobs back to the US"
HAH!
Be serious. $8 an hour vs $60?????
The jobs are GONE baby. Bump and run. Find THE NEXT thing to do and let the old stuff go!!
2006-08-10 02:44:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Free market and globilization. It's good for our economy it just shifts jobs to higher paying service jobs that require more expertese. We can't stop that flow without hurting our economy. We have regulatory laws, labor laws, heath codes, minimum wages, etc. China has very little if not any of these so they can manufacture at much much cheaper rates and that is why consumer products are so cheap today at wal-mart.
2006-08-10 09:36:38 · answer #2 · answered by ESPforlife 2 · 0⤊ 0⤋
Because consumers want to pay less and less for its products. So in order to compete changes had to be made. You can't expect to make $25 hr making a telephone when you only want to pay $10 for it.
2006-08-10 09:35:57 · answer #3 · answered by Anonymous · 2⤊ 0⤋
its not US economic policy...its called free trade and capitalism.
2006-08-10 09:34:26 · answer #4 · answered by W E J 4 · 0⤊ 0⤋
Probably because without it your economy wouldn't prospere.
2006-08-10 09:36:09 · answer #5 · answered by Avner Eliyahu R 6 · 0⤊ 0⤋
high taxes here.low income over there and subsidies
2006-08-10 09:35:13 · answer #6 · answered by idontkno 7 · 0⤊ 0⤋