Quote:
Originally Posted by shines
PQ, another point regarding products made in China is that it enables entrepreneurship here in America. Eight years ago I designed and patented a product, the quotes we received to create the tooling and to manufacture 5000 units here in the states averaged $2.4M. In China it cost us $270K plus $30K freight and duties. That's nearly a 10X cost differential.
There is no way I could have brought the product to market w/o Chinese suppliers, the retail price would have been too high for the market segment and I didn't have enough money to fund it. The product is now available in several high-end catalogs Sharper Image, Herrington, Hammacher, Sporty's to name a few and we have distributors in Europe, Asia and South America.
So my one little idea created jobs in China, supports the transportation industry, supports the US marketing industry, and more. Multiply that by all the other people with ideas and the passion to pursue them and you create a global economy.
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I'm with you. And I agree but it isn't solely the unions that has driven business away. Big part yes but in a global economy we become the top of the 'curve' due to our prosperity. We don't tax imports like we should and as long as we can get it cheaper over there then it's not gonna change. Most Americans would rather buy for the now rather than to last. Higher quality isn't always important to everyone.
EDIT: I am sooooo not qualified to talk about some of this. LOL But I know what I've seen and read.