Quote:
Originally Posted by Hylton
Don't you think that will put an end to ALL manufacturing that occurs in the US and Canada?
|
No, but this is what the isolationist fear-mongers want you to believe. It will continue changing as it has already. You will see more mfg here shift toward final assembly type work instead of basic small parts (Its expensive to ship large assemblies around the world.) One of our customers is taking back assembly work from China because shipping big stuff from China costs $ and dealing with quality issues is a pain, better off doing it here where the customers are. You will still see more of the higher-tech, high tolerance mfg right here. If they would significantly lower corporate taxes (we have the worlds highest) you would see even more business return in spite of higher labor costs. Another thing that is true is that its not so easy to just pick up a plant and move south.