Originally Posted By: RF Overlord
The reason so much manufacturing has been outsourced is that it simply because it's too expensive to manufacture things in the US.
Before anyone jumps on this, I'm not singling out any one group, such as unions or upper management or Wall Street as the sole culprit, I'm just stating a sad fact.
China can manufacture products much more inexpensively because their workforce does not enjoy the same benefits (insurance, pensions, safety, etc) or high standard of living as American workers. Again, just another fact. I'm sure the Chinese could build excellent products if given the opportunity, but the companies that contract with them don't want excellence, they want a cheap price, so that's what we get.
You left out one thing. China manipulates there currency, which amounts to stealing from the rest of the world.
The reason so much manufacturing has been outsourced is that it simply because it's too expensive to manufacture things in the US.
Before anyone jumps on this, I'm not singling out any one group, such as unions or upper management or Wall Street as the sole culprit, I'm just stating a sad fact.
China can manufacture products much more inexpensively because their workforce does not enjoy the same benefits (insurance, pensions, safety, etc) or high standard of living as American workers. Again, just another fact. I'm sure the Chinese could build excellent products if given the opportunity, but the companies that contract with them don't want excellence, they want a cheap price, so that's what we get.
You left out one thing. China manipulates there currency, which amounts to stealing from the rest of the world.