COMPROMISE REACHED FOR BIG 3

[MerF]

All the good points aside, this ignorant American still gets PISSED OFF when I again think about the fact that AIG and company got money shoved down their throats and the most iconic industry in our country can't get a F*&^ing loan.

I seriously wonder if there is any hope for democracy.

[Inspector 17]

Originally Posted by MerF

All the good points aside, this ignorant American still gets PISSED OFF when I again think about the fact that AIG and company got money shoved down their throats and the most iconic industry in our country can't get a F*&^ing loan.

I seriously wonder if there is any hope for democracy.

How do you think that AIG got into the position where they needed bailed out?

[Design1stCode2nd]

Here’s the thing if you can buy a shirt from (hell can’t think of a shirt company) company X from America for $20. The $20 shirt is made in China or Taiwan or wherever. Now you can buy the same exact shirt from company X from America for $45 but it’s made in Ohio. Which one will you buy? Be honest, if all the goods you purchase would be double in value you wouldn’t purchase as many because you couldn’t. That would mean the American company you are buying from doesn’t need as many workers so fewer employed anyway and fewer profits overall.

Also keep in mind American company Y will use Chinese labor and sell the shirt for $20 so no one buys the shirt made in America for $45 and Company X goes out of business.

Most manufacturing jobs in America will be gone. Except those that are crucial for our national interests. America is a mature market with high costs although not as high as Europe. There are not going to be manufacturing jobs that you can be in for 40 years with the same company anymore. It’s just not going to happen.

[a6pk2go]

Originally Posted by Design1stCode2nd

Here’s the thing if you can buy a shirt from (hell can’t think of a shirt company) company X from America for $20. The $20 shirt is made in China or Taiwan or wherever. Now you can buy the same exact shirt from company X from America for $45 but it’s made in Ohio. Which one will you buy? Be honest, if all the goods you purchase would be double in value you wouldn’t purchase as many because you couldn’t. That would mean the American company you are buying from doesn’t need as many workers so fewer employed anyway and fewer profits overall.

Also keep in mind American company Y will use Chinese labor and sell the shirt for $20 so no one buys the shirt made in America for $45 and Company X goes out of business.

Most manufacturing jobs in America will be gone. Except those that are crucial for our national interests. America is a mature market with high costs although not as high as Europe. There are not going to be manufacturing jobs that you can be in for 40 years with the same company anymore. It’s just not going to happen.

Does that mean that GMC will stand for General Motors China?

[Hylton]

Originally Posted by a6pk2go

Does that mean that GMC will stand for General Motors China?

No, it will stand for Garbage Made in China......

[Design1stCode2nd]

50 years ago they laughed about Garbage made in Japan...... (Go watch the movie "Tucker")

I would hope that teh government would block any attempt at the Chinese buying GM although I'm concerned that China could still do it using a number of companies like Cerebus.

[Hylton]

Originally Posted by Design1stCode2nd

50 years ago they laughed about Garbage made in Japan...... (Go watch the movie "Tucker")

I remember that line in the movie when Tucker was making his comment in court. He was saying that if we kept going down the road we were headed (speaking of the auto industry), our cars will have radios and components made in Japan.

Not sure how accurate the movie was to the actual speach Tucker made.

[Angrybird 12]

Here are some things that make our products cost more to manufacture:

1. EPA regulations
2. Safety regulations
3. Having Liability Insurance Keeping and All the lawyers needed to fight product lawsuits and paying those settlements.
4. higher Pay for all employees
5. higher benefits for all employees

My opnion is that numbers 1,2 and 3 are the biggest drag on the US Manufacturers at this time compared to what other countries impose on their industries. Not saying they are necessarily a bad thing, it is just other countries do not impose as strict regulations or liability laws as the US does.

So this leave the only ways a manufacturer in this country can reduce costs is to:

1. cut pay to all employees
2. cut benefits to all employees
3. cut quality of materials used
4. move manufacturing to the same places that they are making things.

Every time We try to place restrictions on Imported goods we have been threatened with even more import restrictions on our own goods going out of the country.

[MerF]

Great post Skyman.

[Inspector 17]

Originally Posted by Skyman 08

Here are some things that make our products cost more to manufacture:

1. EPA regulations
2. Safety regulations
3. Having Liability Insurance Keeping and All the lawyers needed to fight product lawsuits and paying those settlements.
4. higher Pay for all employees
5. higher benefits for all employees

My opnion is that numbers 1,2 and 3 are the biggest drag on the US Manufacturers at this time compared to what other countries impose on their industries. Not saying they are necessarily a bad thing, it is just other countries do not impose as strict regulations or liability laws as the US does.

So this leave the only ways a manufacturer in this country can reduce costs is to:

1. cut pay to all employees
2. cut benefits to all employees
3. cut quality of materials used
4. move manufacturing to the same places that they are making things.

Every time We try to place restrictions on Imported goods we have been threatened with even more import restrictions on our own goods going out of the country.

I would argue that 1 and 2 are faced by any manufacturer that sells into the US. And I believe the US is free to make cars that just meet regulations in whatever country they are exporting to. So I would say those two are equal for all. 3 is definitely US unique. And I COMPLETELY agree that placing import restrictions is a bad idea. It will just get us in the end. We buy too much stuff globally and do still export quite a bit. We need to level the cost playing field (lower wages for US workers) or wait for the other countries to catch up. I believe the latter will happen, but it will take a longer amount of time. I call it Global Equillibrium.

[Angrybird 12]

Originally Posted by camaropete

I would argue that 1 and 2 are faced by any manufacturer that sells into the US. And I believe the US is free to make cars that just meet regulations in whatever country they are exporting to. So I would say those two are equal for all. 3 is definitely US unique. And I COMPLETELY agree that placing import restrictions is a bad idea. It will just get us in the end. We buy too much stuff globally and do still export quite a bit. We need to level the cost playing field (lower wages for US workers) or wait for the other countries to catch up. I believe the latter will happen, but it will take a longer amount of time. I call it Global Equillibrium.

What I was refering to was not on the products they manufacture but on the plants they manufacture them in... The pollution and safety regulations for manufacturing plants in the USA are much more strict. I agree the regulation on the products they sell here are the same. Plus I was talking generally on all goods sold here that are not made here, not just cars.

[Angrybird 12]

Kind of reflects what has happened over the last 40 or so years...

John Smith started the day early having set his alarm clock
(MADE IN JAPAN )
for 6am.


While his coffeepot
(MADE IN CHINA )
was perking, he shaved with his

electric razor
(MADE IN HONG KONG ).

He put on a dress shirt

(MADE IN SRI LANKA ),

designer jeans

(MADE IN SINGAPORE )

and tennis shoes

(MADE IN KOREA )

After cooking his breakfast in his new electric skillet
(MADE IN INDIA )

he sat down with his calculator

(MADE IN MEXICO )

to see how much he could spend today.

After setting his watch

(MADE IN TAIWAN )

to the radio

(MADE IN INDIA )

he got in his car

(MADE IN GERMANY )

filled it with GAS

(from Saudi Arabia )

and continued his search for a good paying AMERICAN JOB.

At the end of yet another discouraging and fruitless day
checking his Computer

(Made In Malaysia ),

Joe decided to relax for a while.

He put on his sandals

(MADE IN BRAZIL )

poured himself a glass of wine

(MADE IN FRANCE )

and turned on his TV

(MADE IN INDONESIA ),

and then wondered why he can't find

a good paying job in AMERICA .

[MerF]

Yep.