EnderJE said:
I would of thought that following the second paragraph would indicate that we should make America like a third world country with the same labour laws and protections for the people. That way, manufacturing can choose to work closer. I don't quite see how else they can complete.
OR, we could have China kill a few more people becuase their laws and regulations are quite policed as those in North America. It may sound bad, but I found it funny at all the disgust over the lax laws in the Far East. Being a former buyer and touring factories over there, I couldn't help but think...what did you think would happen?
I think that the end we need some happy balance between government control and multinational control. I'm purposely not using the term 'free market' because I don't believe that we truly have a free market as a few players have gotten to big (oligarphy <sp>) and the cost to start up is astounding.
But I'm certainly not advocating we make America a third-world country -- we're headed that way now and I think we should take dramatic measures to stop it.
Here's an example -- You will NEVER be able to compete with China on wages. So don't compete on wages. Let's compete on productivity instead. Oh, wait... we can't because we have union featherbedding that requires three paid apprentices and four do-nothing positions associated with each small group of workers.
There are clear advantages of manufacturing in the US for US-based companies -- easier communication, faster turn-around time on changes, shorter supply chains, minimal cultural differences, no language barrier (except New Orleans, obviously), etc. etc. So we don't have be beat China across the board. What kills us is a vicious combination of union waste and expense, out-of-control lawsuits, skyrocketing benefits, confiscatory taxation rates, ridiculous red tape... ad nausium.
Here's what no politician will tell you: The old, mid-50's post World War II business model for the US is broken. It doesn't work anymore and won't work anymore. And just like any other business, you can either slip into denial and argue over minute changes as you sink into oblivion or you can accept the reality in front of you and make sweeping changes to re-invent yourself. And the hell of it is, we're going to have to re-invent ourselves regardless -- either after the complete collapse of our economy and society or before it happens. I personally would like to see it happen beforehand.
I'm sure in the last days of the last buggy-whip factory they were having heated debates over whether the horse would respond better to a 3-tail flail or a 5-tail flail as well.