Made by China- In America.

[Mai72]

http://money.cnn.com/video/news/eco...hpt=ob_articleallcontentsidebar&iid=obnetwork

It seems that the Chinese are starting to invest in America. A few factories that were operating in China have come back to America.

If it's going to bring jobs then I'm all for it.

Thoughts?

 

[Matt1970]

Bring demand for American made products back and I can guarantee all of our budget and job related problems will all but disappear.

 

[MovingTarget]

Bring demand for American made products back and I can guarantee all of our budget and job related problems will all but disappear.

Thats all fine and dandy, but HOW is the question. We need an overarching industrial policy designed to rebuild our manufacturing sector and address the trade imbalance. Unfortunately, whenever anything resembling such a policy comes up, those presenting it are accused of being socialist or "picking winners and losers". Remember Solyndra? It is not an example of success, but it does go to show that you have to be willing to let the government take on some risk on the part of the government when partnering with private industry. The government must think long-term in terms of its investment, such as it did with the Heavy Press Program during the Cold War.

 

[Engineer]

http://money.cnn.com/video/news/eco...hpt=ob_articleallcontentsidebar&iid=obnetwork

It seems that the Chinese are starting to invest in America. A few factories that were operating in China have come back to America.

If it's going to bring jobs then I'm all for it.

Thoughts?

Thoughts: Bring it on!!! :thumbsup:

 

[Engineer]

Bring demand for American made products back and I can guarantee all of our budget and job related problems will all but disappear.

This...this....this!!! :thumbsup:

 

[JumBie]

They gotta do something for America, considering they are cutting them off as the go to trade currency.

 

[zanejohnson]

people need to realize these are GLOBAL companies, it's not about patrotism whatsoever!!

it's about where the economy is right to run sweatshops!! and that's America again!

 

[ivwshane]

Bring demand for American made products back and I can guarantee all of our budget and job related problems will all but disappear.

Obviously the demand is already there, otherwise why would they be looking to move here?

 

[Matt1970]

Thats all fine and dandy, but HOW is the question. We need an overarching industrial policy designed to rebuild our manufacturing sector and address the trade imbalance. Unfortunately, whenever anything resembling such a policy comes up, those presenting it are accused of being socialist or "picking winners and losers". Remember Solyndra? It is not an example of success, but it does go to show that you have to be willing to let the government take on some risk on the part of the government when partnering with private industry. The government must think long-term in terms of its investment, such as it did with the Heavy Press Program during the Cold War.

We need educating of the masses as to what purchasing products overseas really does. We also need to revisit all these "free trade agreements".

Obviously the demand is already there, otherwise why would they be looking to move here?

Yes, but nowhere near where it needs to be.

 

[MovingTarget]

We need educating of the masses as to what purchasing products overseas really does. We also need to revisit all these "free trade agreements".



Yes, but nowhere near where it needs to be.

I'm all on board for revisiting trade agreements. Our industry/workforce should have not been left high and dry, fully exposed to global labor arbitrage. In the end, that only benefits the wealthy finance types, not the vast majority of those that participate in the nation's workforce.

However, I will have to disagree with you about "educating the masses" about the effects of purchasing overseas products. They already know, and have known for ages. Purchasing decisions for individuals/families are made on a micro and not macroeconomic scale. How much is in the budget, what else can we spend this on instead that is of higher priority, etc. Country of origin takes a back seat to these concerns, especially for those on the lower end of the economic scale. It always will, unless policies are enacted to change that equation.

 

[Matt1970]

I'm all on board for revisiting trade agreements. Our industry/workforce should have not been left high and dry, fully exposed to global labor arbitrage. In the end, that only benefits the wealthy finance types, not the vast majority of those that participate in the nation's workforce.

However, I will have to disagree with you about "educating the masses" about the effects of purchasing overseas products. They already know, and have known for ages. Purchasing decisions for individuals/families are made on a micro and not macroeconomic scale. How much is in the budget, what else can we spend this on instead that is of higher priority, etc. Country of origin takes a back seat to these concerns, especially for those on the lower end of the economic scale. It always will, unless policies are enacted to change that equation.

You need the educating of the masses to make up for any differences that fixing our trade agreements leaves. Stuff will almost always be made cheaper overseas. Deciding on the two from a budgetary standpoint is a catch 22. Every foreign purchase we make effects our economy so if it isn't someone's budget now to spend a little extra on a domestic product, it may be even less so next time around. People may need Walmart and their prices to survive, only because Walmart and foreign products have driven out the manufacturing jobs. People are still making bad decisions in that there are still quite a few industries and products that people have a choice between foreign or domestic made and people are still choosing foreign in large numbers.

 

[Mr. Pedantic]

We need educating of the masses as to what purchasing products overseas really does. We also need to revisit all these "free trade agreements".



Yes, but nowhere near where it needs to be.

Few people are going to buy domestically made products if it means paying more. Unless if the price increase also comes with some kind of benefit in terms of quality or whatever.

 

[Engineer]

fixing our trade agreements leaves

There will never be a fixing of trade agreements. Hell, it looks like there is going to be a doubling down soon on them as both sides are itching to get more of them in place, even knowing what they did to the middle class of this country over the last two decades.

As for making it as cheap here as overseas, you are right, it will never happen, especially as long as the currencies of those other countries are artificially manipulated keeping their prices low and ours high.

 

[DucatiMonster696]

Basically wages for the average Chinese person have risen in China so much that it is now feasible for the owners of factories in China to visit the idea of opening manufacturing plants in the US to meet consumer demand here by employing US workers. Just as has occurred in South Korea and Japan with car companies from those nations opening plants here as they were both uplifted by capitalism from the shit-tastic economic environment they had post-WW2 and post-Korean War.

Of which the differences in wages by opening plants in the US is made up in the savings of producing in the US and avoiding transportation costs, custom fees and the speed and ability of getting goods to the market faster to the consumer. The other side of the coin is that China will be creating a massive internalized economy due to rising up from the ashes and failure of its iron fisted government controlled economy of the Mao-era that will also be demanding goods made in the US because that brand name (Made in the USA) does still carry weight with the newly empowered Chinese consumer.

 

[Matt1970]

There will never be a fixing of trade agreements. Hell, it looks like there is going to be a doubling down soon on them as both sides are itching to get more of them in place, even knowing what they did to the middle class of this country over the last two decades.

As for making it as cheap here as overseas, you are right, it will never happen, especially as long as the currencies of those other countries are artificially manipulated keeping their prices low and ours high.

Yep, the government wants more and more trade agreements. Insanity: doing the same thing over and over again and expecting different results.

It disgusted me last night. I couldn't even find a plunger that was made in America last night. It's a piece of wood with a hunk of rubber at the end of it.

 

[MongGrel]

http://money.cnn.com/video/news/eco...hpt=ob_articleallcontentsidebar&iid=obnetwork

It seems that the Chinese are starting to invest in America. A few factories that were operating in China have come back to America.

If it's going to bring jobs then I'm all for it.

Thoughts?

That you're out of date.

General Motors Has Become China Motors


https://www.youtube.com/watch?v=r19LxtnzCIQ

China-Buying-up-and-Invading-USA-NOW-(2012)-The-Silent-Takeover-

https://www.youtube.com/watch?v=9SIaGhiZs3A


enough of that, I'm starting to sound like Stewox used to, off to other things.

 

[Pulsar]

That you're out of date.

General Motors Has Become China Motors


https://www.youtube.com/watch?v=r19LxtnzCIQ

China-Buying-up-and-Invading-USA-NOW-(2012)-The-Silent-Takeover-

https://www.youtube.com/watch?v=9SIaGhiZs3A


enough of that, I'm starting to sound like Stewox used to, off to other things.

That first video is idiotic. China has a market that has the potential of being over 4 times larger than the US. The US is in maintenance mode for EVERY auto company, because the market is tapped out. China is not. That's why they're increasing R&D there, and building plants and manufacturing facilities. Not because GM is 'china motors'.