Purple Haize wrote: ↑April 30th, 2020, 7:43 pm
TH Spangler wrote: ↑April 30th, 2020, 6:35 pm
Yacht Rock wrote: ↑April 30th, 2020, 6:20 pm
Do you see any of the benefit of overseas manufacturing?
What kind of device are you using to post on this message board? How were you able to afford it?
You want America to go back to being a manufacturing center but are you prepared for embracing a lifestyle of austerity to make that happen?
I recently learned apple used a lot of forced Chinese labor, especially before they were called out on it. Same with Niki. I posted in another thread about it. I said we should all be ashamed. And yes I am.
https://www.businessinsider.com/apple-f ... ory-2020-3
Persecution, slavery and mass rape? I'm not okay with it at any price. I'll do without my phone.
So here’s the deal If we bring a bunch of manufacturing back to the States that will obviously raise the cost of those manufactured goods simply because we pay American workers more. However, since there will now be a class of citizens making a decent wage and you will have ancillary businesses popping up around the manufacturing sites, will it make that much of a difference? I have never seen any analysis or debate on that. Just “ if you want cheap goods out source”. “If you want American jobs it will cost more”.
Yes I like the cost of my inexpensive goods
Yes I want American Manufacturing to come back
Yes I know it will cost me more. But how much? Will this be a rising tide lifts all boats thing?
What I do know is that our American supply chain in all things is dangerously exposed.
The supply chain is an interesting monster where there aren't a lot of easy answers.
Based on costs alone, I believe that some products will cease to exist as they won't be profitable to produce any longer or they will become ultra luxury products due to increased price.
I don't believe that we can go backwards to the point where massive manufacturing is done in the US. I don't believe the human capital is there, ready to do those jobs in mass numbers. The thing that is vital to understand is that it's not uncommon for one factory overseas to have 100,000 workers.
Can we sustain that in the US?
I believe that there is much more potential for US workers in the service sector, where there is a ton of growth (and well paying jobs).
One of the reasons I became a teacher was to help prep this next generation for a world where they can make a lot of money without having to go into massive college debt. I've seen a lot of opportunities for people to do that, if they want it.
The communist regime in China is a terrible thing. The people there, though, are wonderful. Just like Postman said, for a lot of folks, the factory work is a badge of honor and they are able to create a life for their family that wasn't possible a generation before. I've had the pleasure of meeting many folks who work in some of the biggest factories in the Guangzhou province. They are good people.