And think about the one child policy. We are gonna have financial problems supporting the baby boomers. China went nuclear with that problem. Gonna have too many non workers and too few to support them thanks to one child policy.
Yeah where are the fruits from that winning?
They had to do something.......There is a finite number they can support....especially with the water issue........They are pumping toxic water north to water agro.......it's a tragedy coming..........but I'm dead on right about them improving their military...............In the Ukraine they stole the engine tech to get 5th generation engines for stealth fighters.
They will have economic decline long before their military is near ours.
and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oil from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
We shall see...........but why should we not make our own goods ........especially our medicine ......and materials needed for our military..............We SHOULDN'T.........
There is an argument for a few things, but do we want to increase healthcare costs? They increasing too much already.
Can't depend on others for essential goods...........the costs.................are also a product of money manipulation........we have been killing the dollar for a long time now......in the world now they kill their own currency for trade...........INSANITY from when I was a kid.........Tricky Dick changed all that.
and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oil from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
I thought it was stupid and shortsighted when they did it initially. I watched as our semiconductor industry moved everything out of silicon valley where it came about and off chasing cheap labor all over the globe till it came to rest in mainland China today. But you just can't tell our idiotic governments or the MBA fools in industry anything. They have all the answers to see all the way forward through the next 90 whole days.
and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oil from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
I thought it was stupid and shortsighted when they did it initially. I watched as our semiconductor industry moved everything out of silicon valley where it came about and off chasing cheap labor all over the globe till it came to rest in mainland China today. But you just can't tell our idiotic governments or the MBA fools in industry anything. They have all the answers to see all the way forward through the next 90 whole days.
Ok, so I'll ask the same question I did last time this came up.
I worked at a company that was offered a contract to produce a specific product, for a specific price. We ran the numbers, and ran the numbers again, and each assessment resulted that producing the product in our own facilities would result in a loss of money of about 15%. Meaning we would be spending $1 Million, to earn $850 thousand.
Now at this time, the company was already in a financial crunch. To be blunt, we needed the contract, but we also needed a profitable contract. We contracted the customer, explained our price point, and the customer turned it down. No deal. Not interested.
So told them to give us another month.
Now what would you have done? Made the product here, with US labor, and just lost money, possibly losing your entire business? And by the way, your home and your retirement, and end up with debt?
Or would you do what our company did, which was we outsourced to China, and made the product profitably?
What would have told those MBA fools? That if they produced the product here, and end up losing their entire careers, and their companies, that this was good for America? And how would that have been good?
We were pax americana for a good chunk of our history. We could take care of ourselves for the most part and did. We limited what could come in here except raw materials. It helped us to become number one. That and location with beating the competition in the western hemisphere gave us our hegemony and good living.
and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oil from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
I thought it was stupid and shortsighted when they did it initially. I watched as our semiconductor industry moved everything out of silicon valley where it came about and off chasing cheap labor all over the globe till it came to rest in mainland China today. But you just can't tell our idiotic governments or the MBA fools in industry anything. They have all the answers to see all the way forward through the next 90 whole days.
Ok, so I'll ask the same question I did last time this came up.
I worked at a company that was offered a contract to produce a specific product, for a specific price. We ran the numbers, and ran the numbers again, and each assessment resulted that producing the product in our own facilities would result in a loss of money of about 15%. Meaning we would be spending $1 Million, to earn $850 thousand.
Now at this time, the company was already in a financial crunch. To be blunt, we needed the contract, but we also needed a profitable contract. We contracted the customer, explained our price point, and the customer turned it down. No deal. Not interested.
So told them to give us another month.
Now what would you have done? Made the product here, with US labor, and just lost money, possibly losing your entire business? And by the way, your home and your retirement, and end up with debt?
Or would you do what our company did, which was we outsourced to China, and made the product profitably?
What would have told those MBA fools? That if they produced the product here, and end up losing their entire careers, and their companies, that this was good for America? And how would that have been good?
Sounds like American labor can't compete with Third World labor on a level playing field.
Here's a radical idea.and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oild from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
Big business isn't going to move their manufacturing back here on their own.
Tax cuts didn't do it. Removing regulation didn't do it. Not raising the minimum wage didn't do it. Giving them tax breaks on revenues generated outside the US didn't do it.
The only thing that will get big business to return to America is to force them by making it too expensive to manufacture overseas.
The only way to do that is with taxes. Impose massive taxes on those who move to make it too expensive to be overseas.
Only then will we see manufacturing return to America.
If you were alive before Reagan, that's what our government did. Imposed high taxes on high wage and salaries, high taxes on unearned income and high taxes on big business. The manufacturing stayed in America. Reagan slashed taxes on business. That's when our jobs started leaving. In those years it was to Japan.
So return to high taxes on high wages, unearned income, big business and impose high taxes on those who don't manufacture here, only then you will see manufacturing return.
and cheap labor from anywhere too
showing that, once again, Trump was correct
we need to make our own stuff and never be reliant on ANY other country for the things we need
that includes oil from the ME as well
LINK
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
“We're staring into a significant, significant crisis of supply chain,” Colorado Sen. Cory Gardner told the Washington Examiner. “Cheap labor or cheap manufacturing be damned if you are reliant on them for your life and livelihood.”
Gardner’s warning was spurred by the shortage of hospital masks in the United States, a dearth driven by Beijing’s refusal to allow American companies that make the products in China to ship them out of the country amid the coronavirus pandemic. And he’s not alone in that sentiment, raising the possibility that anger over China’s self-interested response to the coronavirus outbreak could produce one of the most dramatic alterations of global economics in decades.
“Because of the coronavirus problem, people are recognizing that any supply chain that has single points of failure is incredibly vulnerable,” the Heritage Foundation’s Dean Cheng, a senior research fellow in the organization’s Asian Studies Center, told the Washington Examiner. “China is going to be very concerned about decoupling, offshoring, [or any] redirection of investments out of China.”
I thought it was stupid and shortsighted when they did it initially. I watched as our semiconductor industry moved everything out of silicon valley where it came about and off chasing cheap labor all over the globe till it came to rest in mainland China today. But you just can't tell our idiotic governments or the MBA fools in industry anything. They have all the answers to see all the way forward through the next 90 whole days.
Ok, so I'll ask the same question I did last time this came up.
I worked at a company that was offered a contract to produce a specific product, for a specific price. We ran the numbers, and ran the numbers again, and each assessment resulted that producing the product in our own facilities would result in a loss of money of about 15%. Meaning we would be spending $1 Million, to earn $850 thousand.
Now at this time, the company was already in a financial crunch. To be blunt, we needed the contract, but we also needed a profitable contract. We contracted the customer, explained our price point, and the customer turned it down. No deal. Not interested.
So told them to give us another month.
Now what would you have done? Made the product here, with US labor, and just lost money, possibly losing your entire business? And by the way, your home and your retirement, and end up with debt?
Or would you do what our company did, which was we outsourced to China, and made the product profitably?
What would have told those MBA fools? That if they produced the product here, and end up losing their entire careers, and their companies, that this was good for America? And how would that have been good?
Sounds like American labor can't compete with Third World labor on a level playing field.
Compare the US economy to any third world economy. By what economic measure would you say we can't compete?
Compare unemployment. Compare median income. Compared level of productivity.
We have competed, and very successfully so. Yes there are many things manufactured outside the US, that are imported here, because they can't be produced profitably here.
Again, back to my example above. Let's say that you banned imported products from China, or you imposed protectionist tariffs on imports from China.
How would that allow us to compete with Third World labor?
.....
