#1 Manufacturer

[jjf]

I dont think this thread will last.
It is too real.

 

[crgarcia]

Quote from gnome:

We're sending $700-$750 Billion per year overseas for consumption... some of that money into the hands of folks who are not exactly our friends.

Absolutely no problem.

This boosts american weapons manufacturing.

 

[thesharpone]

@libertad

good points

--

currently the only way a developed country could compete with cheap labor is through implementation of automated production systems, ie industrial robots

and if a cheap source of energy is found the cost of running those robots will drop even more

a google on this subject reveals the following links:

http://robotsafety.info/public/articles/articlesdetails.cfm?id=1568

http://www.halfsigma.com/2006/07/robots_will_bri.html

http://www.machinebuilding.net/ta/t0021.htm

http://www.communistrobot.com/index.php?page=&nav=1&article=1

 

[Mercor]

Quote from jjf:

Please keep it simple gnome otherwise the teeming masses will be left behind.

example only
I manufacture teddy bears in RI and my company has been in business for 60 years.
Bears were costing 45 bucks to build and selling out the door for 60.
All material and labour was sourced in the US and the 60 bucks stayed in the US.

Now the bears are built in China for an imported cost of 20 bucks.
My Panama wholesaling company skims 30 bucks and the bear sells for 60 bucks at the door in RI

I report a manufacturing cost of 60 but only 10 dollars stays in US.

Yes, US manufacturing is more efficient than ever.

While I am on a roll here I would say that US economy is closer to 10T than 14T

I do a manufacturing and importing from China. Your numbers don't work for me.
First, You need to have direct contacts with China factories. If you use a broker they should take no more then 10%.

A Bear costs $20 FOB add 20% for frieght, tariffs and customs you should land that bear about $25.
If you still sell at $60, that adds $40 to the US economy. That is still pretty close to the dollars your domestic bear imputs to the US economy.

The concept of imports is that you lower your price. The savings the customer gains will be spent elsewhere thus incresaing total demand.