Mike, you've missed the point.NO one in the US, or a considerable amount of the rest of the world will work for the slave wages Chinese manufactures pay. And, the companies paying those wages are making no profit. It works in China because the government wants everyone to have a job, and gives 0 interest loans to make sure that happens.
Manufacturing is so 20th century. For the most part there is little or no money in it. Most laborers working in manufacturing are the modern equivalent of serfs. Not a pretty picture.
There are lessons to be learned from history. Those that fail to learn from history are doomed to repeat it. The world changed massively, though slowly, when it shifted from an agrarian economy to a manufacturing one. The current change is happening much faster, as most things do now.
If you want a job in manufacturing, move to India, or maybe Russia or Brazil.
Build a bridge Rich On 12/29/2011 11:54 AM, Mike Tsinberg wrote:
Unfortunately innovation does not employ a lot of people. Apple is very innovative but all iPhones, iPad's and iPod's are made in China and other countries. Same is true for other smartphones, TV's, Blu Ray and most of the electronics we consume. So yes we continue to innovate but we get little jobs because of it. Mike Tsinberg http://keydigital.com -----Original Message----- From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On Behalf Of Craig Birkmaier Sent: Thursday, December 29, 2011 10:20 AM To: opendtv@xxxxxxxxxxxxx Subject: [opendtv] Re: TV Prices Fall, Squeezing Most Makers and Sellers At 4:39 AM -0500 12/29/11, Albert Manfredi wrote:True enough, but I think you might be conflating multiple different events. The high unemployment is a relatively recent phenomenon, precipitated more by the housing bubble bursting (as it predictably was going to do) than by Chinese labor. Manufacturing jobs had been exported for several decades, when unemployment in the US was often at or below 5 percent. So the sudden high unemployment, starting in 2008, cannot be attributed to China alone.Bert has the right view here. He also has a direct view of the problem - the out of control government bureaucracy he lives near. We can return to growth and the best standard of living in the world if we enable American innovation and entrepreneurial greatness. We live in interesting times... Regards Craig ---------------------------------------------------------------------- You can UNSUBSCRIBE from the OpenDTV list in two ways: - Using the UNSUBSCRIBE command in your user configuration settings at FreeLists.org - By sending a message to: opendtv-request@xxxxxxxxxxxxx with the word unsubscribe in the subject line. ---------------------------------------------------------------------- You can UNSUBSCRIBE from the OpenDTV list in two ways: - Using the UNSUBSCRIBE command in your user configuration settings at FreeLists.org - By sending a message to: opendtv-request@xxxxxxxxxxxxx with the word unsubscribe in the subject line.
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