Not Ranked
It is often in the best interest of the company to take the jobs elsewhere where the cost of production is less. It is NOT always in the best interest of the employees.
Take a company making televison sets. They go to China because they can manufacture a US made $450.00 TV, for $400.00.
Take another company making tires in the same community who decides to move their manufacturing to China for cost cutting reasons.
By the time the less expensive TV comes to the stores back in the community the customer who was supposed to be the guy who worked at the tire plant is out of work and can't buy the TV at any price.
What good is that?
Chances are the laid off tire maker would rather have paid a little more for a TV and be able to buy it rather than save $50.00 and be unemployed.
You can't put every job up for bid, because that is good for your company. Eventually the community looses their purchasing power.
Unions may have been the root of all evil, at one time. Corporations get a lot more miles out of them than they should.
If American labor was so bad, and so expensive BMW, Mercedes, VW, Toyota wouldn't even think about having their cars built here. They DO!
The labor pool in China, is nothing like Japan. There can never be a leveling. They are reproducing at larger numbers on any given day than the number of jobs exported to their country. They can do this forever.
Unless you DON'T need consumers back home to buy your products who are gainfully employed, we must rethink exporting all jobs overseas just because it is cheaper.
We can't all work at Wal-Mart where we wouldn't be able to buy the tires and the TV sets we sell because we don't earn enough.
I call this the economics of destruction. It is measured only in snippets of time for the duration of one CEO's reign. It may be good for the botttom line during his 3 year reign, it is not good for the country or the company on the long run.
TURK
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OBAMA IN in 2012
Last edited by Turk; 12-09-2003 at 09:38 AM..
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