Quote:
Originally Posted by Black Mamba
What I was trying to relay many, many replies ago is that when a (American) job is sent overseas in search of cheap labor how often do we see it reflected in the price? Not often enough are those saving passed on to the consumers. What comes to mind right off the bat is Nike. Years ago I remember seeing a special on how their shoe production had gone overseas, worker pay was like 28 cents a day, and yet a pair of shoes - I think Jordans were the ones singled out - still carried a price tag of $125 + at the time. This was in the early '90's.
In 2009 Footjoy shuttered their plant here that made the high end Footjoy Classic, a shoe used by most pro's and many amateurs that enjoy the finer things in life. This plant had been around since the '50's. Supposedly not enough interest or demand for this premium golf shoe. They are now carrying the ICon line which replaced it and are made in Asia.
http://www.examiner.com/x-1024-Golf-Equipment-Examiner~y2009m3d9-FootJoys-Connor-explains-plant-closing
What else has to leave this country in order to appease stockholder profit margins? I think any job is a good job and better then relying on government support and I'm sure that many who've lost their jobs would echo that sentiment. |
Every American job that goes offshore is awful, no question. Wonder if labor will ever look at themselves for an answer to that problem rather than the Govt?
And the shoe example you use. Yep, they get the shoes made cheap overseas. Then they pay every big name basketball player $8 million a year to wear their shoes. So blue collar workers can watch them play on TV. They also runs shoe adds on those games. What did they pay Tiger to wear their logo? $60 million? That's a Dollar a pair if they sold 60 million pairs. All those payouts go into the selling price of the shoe and the advertising is expensive too.
And I can see the reaction of American labor when a boss says, "Sorry, no raises this year. Even tho our product was flying off the shelves at $125.00 each, we decided to lower the price to $85.00 just to be nice guys!" "So now we can't give any raises, and the stockholders are really pissed too."