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Manufacturing declining, no hope for the future

pat grimshaw said:
Of course they don't. The individual has no value in that state. One human's life has no value; Murder goes unchecked.

Chairman Mao said 'My people are ants!'.
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What an uninformed statement steeped in a half century old viewpoint.
 
Their rush to become a first world economy reveals a "Robber Baronesque" attitude towards the environment - the pollution levels there are atrocious and downright dangerous.

They've learned the EARLY lessons of Capitalism from us well. Now let's see how long before they learn that the environmental destruction is a major cost of doing business and "green" thinking counts.
 
DonQuixote said:
... the pollution levels there are atrocious and downright dangerous...
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East China is filthy.
DonQuixote said:
..They've learned the EARLY lessons of Capitalism from us well. Now let's see how long before they learn that the environmental destruction is a major cost of doing business and "green" thinking counts.
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I don't believe that for a minute.

They worship the dollar just like everyone else. They will put melamine in their milk and pesticides in their vegetable if it brings an extra dollar.

http://en.wikipedia.org/wiki/2008_Chinese_milk_scandal
http://en.wikipedia.org/wiki/Food_safety_incidents_in_the_People's_Republic_of_China
http://pop.org/content/poisoning-of-america-chinas-food-and-drugs-1923
http://www.theepochtimes.com/n2/chi...s-hospitalized-for-food-poisoning-298904.html
http://textbookofbacteriology.net/themicrobialworld/B.cereus.html
http://au.news.yahoo.com/today-tonight/consumer/article/-/10293370/toxic-food-imports
 
So, you don't believe they'll come to understand the economic costs of destroying their environment, or you don't accept the premise at all?
 
DonQuixote said:
....you don't believe they'll come to understand the economic costs of destroying their environment...
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Maybe, perhaps, sometime way way into the future, by which time my country's manufacturing industries —and yours— will be dead. :(
 
Ours is starting to make a resurgence, actually.
The cost of living/labor abroad has been increasing, add in the shipping, and the push back.

Still a long way to go to parity, but baby steps.
 
There are other pressures present as well. Tesla Motors moved its manufacturing of electric motors back to California after their cost assessment found the cost of shipping the units from overseas was more than paying US labor wages.
 
DonQuixote said:
Their rush to become a first world economy reveals a "Robber Baronesque" attitude towards the environment - the pollution levels there are atrocious and downright dangerous.

They've learned the EARLY lessons of Capitalism from us well. Now let's see how long before they learn that the environmental destruction is a major cost of doing business and "green" thinking counts.
Click to expand...

My sister the engineer, sister-on-law the engineer, and brother the computer/systems/energy consultant and mathematician have all been over there, and came back saying they were in awe of the efforts being made to clean things up -- as in, if the US made the same exertion, we'd pollute less per capita than anywhere in the world. But their industry and transportation have expanded so fast, the efforts to make it all clean can't keep up.

In fact my sister related that industry people over there see the drastic slowing in manufacturing growth as a blessing in a backhanded way -- they hope the efforts to get the air clean, etc., can catch up now.
 
If that's true, that will be great.
Too many horror stories about lack of caring - either about their own people (Apple subcontractor) or their customers (lead in paint on toys, fake pharma, etc.)
 
.
Apple stock went down a smidge this week. Reason? Some of their manufacturing jobs are being relocated to the USA. :=D:
 
We like manufacturing returning here.

Economy shrank by 1/10 of 1% in the 4th quarter, primarily due to a 15% reduction in US Gov't Military Spending.
Independent sectors still showed growth.
 
DonQuixote said:
We like manufacturing returning here.

Economy shrank by 1/10 of 1% in the 4th quarter, primarily due to a 15% reduction in US Gov't Military Spending.
Independent sectors still showed growth.
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Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.
 
Kulindahr said:
Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.
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That's like saying "the energy sector should never be so large that such a minor cut…."

This idea of large or small government is just so arbitrary the product of such illusory math. What if, in the United Private Cantons of Libertopia, the army was turned over to the "Voluntary Corporation of Mutual Defence" instead of being part of big, bad, Government Spending™?

At that point VCMD cuts its spending by 15% why would the economy of UPCL do anything other than tank by 1/10th of 1%?
 
chrisrobin said:
.
Apple stock went down a smidge this week. Reason? Some of their manufacturing jobs are being relocated to the USA. :=D:
Click to expand...

Cute Apple fanatic.

The stock value has wiped out any gains it has made the previous year and continues to tank. Nice job omitting that.
 
Kulindahr said:
Government should never be so large that such a minor cut in its total spending could have such an impact on the nation's economy as this.
Click to expand...

We spend more on military than the next 10+ countries combined or whatever the stat is these days.

I don't necessarily know that saying 15% of that budget could be 1/10th of 1% of the economy is excessive or out of proportion.

Of course, I'm not saying spending that much on defense is necessarily wise or great, but..
 
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