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SportTrac Discussion
General Sport Trac Discussion
Have manufacturing jobs have vanished to China, Mexico and South Korea?
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<blockquote data-quote="Richard L" data-source="post: 963626" data-attributes="member: 52972"><p>KL,</p><p></p><p>My point deals with comparing manufacturing in different countries based an a monitary amount, especially if they are going to include Mining, and Utilities? If they include Mining, does that include Oil production? That would certainly move some middle eastern countries like Saudia Arabia much higher on the list? Also, some contries like Japan have very few mining and natural resources, but have a very high ranking in manufacturing.</p><p></p><p></p><p></p><p>The other part of my objection to basing manufacturing power stictly on a monitary value is because of the quality and market for the end products. ie: China makes a lot of cheap crap, but it also sells for much less than an Amercan made products...most of that is based on China's cheaper labor. So if the USA can make an item for $100 and China can do it for $50, then if they both produced the same amount of $$$, China would have twice the manufacturing capacity for that item since they had to make twice as many items to reach the same monitary amount as the US.</p><p></p><p></p><p></p><p>So, If these other countries have lower labor costs and produce products at a lower cost, does that mean they have more or less manufacturing power? </p><p></p><p></p><p></p><p>My question is what is the article is measuring and comparing to? I don't think that money is the only indicator. </p><p></p><p></p><p></p><p>What was the USA's manufacturing ranking back in 1970? If we were number 1 or 2, we may have doubled our manufacturing $$$, but so has the rest of the world and 4 or 5 countries are now better than us. And just how much of that amount is due to the higher cost of US Union labor, which must be considered if we are to compare apples to apples?</p><p></p><p></p><p></p><p>Again, I agree with much of the article in as much as we have improved our manufacturing process with more automation, etc and we are climbing back up. But I don't think $$$ neccessarily equates to increased manufacturing power or that we are neccessarily the manufacturing giant that were once were.</p><p></p><p></p><p></p><p>...Rich</p></blockquote><p></p>
[QUOTE="Richard L, post: 963626, member: 52972"] KL, My point deals with comparing manufacturing in different countries based an a monitary amount, especially if they are going to include Mining, and Utilities? If they include Mining, does that include Oil production? That would certainly move some middle eastern countries like Saudia Arabia much higher on the list? Also, some contries like Japan have very few mining and natural resources, but have a very high ranking in manufacturing. The other part of my objection to basing manufacturing power stictly on a monitary value is because of the quality and market for the end products. ie: China makes a lot of cheap crap, but it also sells for much less than an Amercan made products...most of that is based on China's cheaper labor. So if the USA can make an item for $100 and China can do it for $50, then if they both produced the same amount of $$$, China would have twice the manufacturing capacity for that item since they had to make twice as many items to reach the same monitary amount as the US. So, If these other countries have lower labor costs and produce products at a lower cost, does that mean they have more or less manufacturing power? My question is what is the article is measuring and comparing to? I don't think that money is the only indicator. What was the USA's manufacturing ranking back in 1970? If we were number 1 or 2, we may have doubled our manufacturing $$$, but so has the rest of the world and 4 or 5 countries are now better than us. And just how much of that amount is due to the higher cost of US Union labor, which must be considered if we are to compare apples to apples? Again, I agree with much of the article in as much as we have improved our manufacturing process with more automation, etc and we are climbing back up. But I don't think $$$ neccessarily equates to increased manufacturing power or that we are neccessarily the manufacturing giant that were once were. ...Rich [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Have manufacturing jobs have vanished to China, Mexico and South Korea?
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