By: George
USA held a monopoly on manufacturing after WWII. Unions extorted wages far beyond the value of labor. They enjoyed a higher standard of living than they earned. Consequently manufacturing emigrated...
View ArticleBy: Bill Haskell
George: You wish to go back to the time of no Social Security when you had to sell apples on the street as an old person to achieve some money to survive. Babyboomers are the last to understand this...
View ArticleBy: Joel Eissenberg
In reply to Bill Haskell. @Bill, Not to hijack the thread, but other reasons to ship manufacturing overseas are (1) weaker protections for worker health and safety and (2) weaker environmental laws for...
View ArticleBy: Bill Haskell
In reply to Joel Eissenberg. Joel: Which is Overhead. The Labor portion of manufacturing is small in comparison to Overhead and a separate cost. What you name is what companies and George, Jamie, etc....
View ArticleBy: Bill Haskell
In reply to Joel Eissenberg. Joel: Been busy writing so I was off on a tangent. In lesser nations, not European; I guess what you say is true. Perhaps Brazil. However, if you get too far out, you lose...
View ArticleBy: Joel Eissenberg
In reply to Bill Haskell. @Bill, “if you get too far out, you lose in transportation costs and costs of inventory sitting around both in transit and at the plant.” Depends. I just ordered a pair of...
View ArticleBy: Bill Haskell
In reply to Joel Eissenberg. Joel: I do not believe it is cost worthy to ship a 40-foot container by air. I could order glasses from China also. I won’t do so. Your cost is less but then I value my...
View ArticleBy: Fred C. Dobbs
Renting vs Buying: Which is Actually Better? (2023 Study) Today’s Homeowner – December 22, 2023 Long-term renting is currently cheaper than homeownership in 46 of the 97 major cities we researched. 69%...
View ArticleBy: Fred C. Dobbs
In reply to Joel Eissenberg. Hmmm. Maybe young people should look into living in shipping containers.
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