Well yeah, that's a large part of the problem, in a few years we won't
be making cars here anymore, mostly because it's cheaper to build them
in Asia, plus what we build is not popular and not very special.
Actually wages are higher in Germany but they make cars that people want.
Just about every day I read about another factory shutting down here to
move OS, whether it is profit maximisation or survival I do not know.
Basically it's not a level playing field, we have pretty much abolished
all the tariffs and have free trade agreements with a lot of countries
but that has basically killed manufacturing here.
I suppose that is good for the consumer, insofar that they stuff is
cheaper but the problem is, it don't matter how cheap it is, if you have
no job and no money.
So I guess I should not be whining, as I too am guilty of buying the
cheap stuff.
I just have to weather the storm of people not spending a lot on large
scale home improvements but are spending on pleasure items for that
quick fix.
Hendrik
who might have to find some part time work but we don't have walmart
here but are getting costco and Aldi
http://www.adelaidenow.com.au/news/south-australia/big-jobs-boost-as-retailer-costco-launches-in-south-australia/story-fni6uo1m-1226800110265
On 27/01/14 11:30, Scott Ritchey wrote:
Hendrick asked: ...Where are the jobs?
I would suggest that the cancer of Government meddling and policies has been
slowly killing mid-level jobs throughout the US. Constantly growing and
ever changing regulation from OSHA, EPA, IRS, etc. etc. create a friction
and an overhead cost of doing business such that only large companies with
armies of lawyers and accountants can hope to comply. Mandates from the
"employer's" SSA contribution, taxes, and (now) mandated health care have
made US employees non-competitive on the world stage except for high-salary
jobs (where these costs are small potatoes) and low-level service jobs which
can't be exported. But maybe some of the employee-related costs can be shed
at the employee's expense.
I think this is all pretty obvious. But I'm unsure if it's simply an
unintended consequence of liberal idealism run amuck or if it's actually the
desired result. If you rob Peter to Pay Paul, you can usually depend on
Paul's support.
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