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It's called an educated guess.
but do go on...
It's called an educated guess.
great excuse for a wild exaggeration
Educated by what?
Show your work for the specific number you posted.
I listed a price 5x the current retail.
Foxconn workers make about $187 per month. How much would a minumum wage American make in a month? Min wage is over $7/hr.
The labor is about 6x higher.
exaggeration?
Snide, snarky, nitpickety mofos in here.
Yes. A laughably uneducated exaggeration.
Thin-skinned, hypocritical ignoramuses in here.
It's easy to say people should work 12-hour shifts for $17/day when you completely overlook what it costs to live here and there. Union or no union, you simply cannot make ends meet with that pay scale.
Blaming "our tax system, regulations, politicians, etc." isn't closing that gap...
Tariffs are an artificial stopgap solution that doesn't really address the problem, and will likely feed a black market that in all cases causes more harm in the long run.
Short of devaluing the dollar and going through an inflationary spiral, I don't outright know if there's a solution to this.
Still, cost of labor it typically under 20% for a retail product. Quite often much less.
I like (not) how you complain about solutions, and never have one yourself. Funny how when I mention devaluing the dollar and accepting that inflation, you, with all the other normal WC naysayers were against it.
You didn't offer a solution, and neither did I. Devaluing the dollar and the ensuing inflationary spiral would have catastrophic effects on the economy (the first thing that goes with high inflation is credit).
It's not a solution, but it might just happen if the national credit card dries up.
Tariffs are probably the most realistic measure, but they have to be temporary.
I have offered so0lutions in the past. We need to reduce or stop taxing productivity. We need to review regulations that have negative effects and see if they are really necessary ones. I have advocated changing from an income tax system to a consumption tax system, which will level the taxation imbalance between us and other countries.
Tariffs should not arbitrarily be short term. They are necessary to be high on items we want to reduce compe ion with US items, and low or zero on US items we don't or can't produce here. They need to be flexible to maintain variety, but keep US products cheaper than comparable imports.
The root problem of our economic problems is not having enough jobs. We need to bring them back.
That doesn't address the fact that people can/are willing to live earning $17/day in China, and that's just not possible in this country. You could remove every single tax and regulation and you still can't close that gap.
There's actual economic reasons as to why tariffs should either be temporary or marginally low (which in the case of China would be very difficult, since I order to counter their devalued currency you would need at least a 36% markup).
Among the chief issues is that tariffs artificially inflate the value of goods, and if they remain for long, in almost all cases create an incentive for an (illegal) black market of imports. That in turn bring other consequences, like sales tax evasion for example (the import is already illegal, might as well pocket the sales tax money). Lots of countries have gone through either draconian or long term tariffs, and in every case they lose their effectiveness over time.
Those jobs aren't coming back until this country is compe ive again. Right now that mark is "willing to work 12 hour shifts for $17/day"
My ing god. You are such a liberal tool.
How many times have I said there is no single solution. It is one piece of the puzzle that helps balance the scale.
I don't have a problem with that. Do you?
A very small inconvenience. Any that became large enough to be a problem, would be easily found and dealt with by the justice system.
No ing .
It isn't all about wages. Why are you so narrow minded?
What scale are you trying to balance?
The puzzle is $17/day... We can't compete with that. Not with this cost of living.
lol ing idiot calling anybody else a tool
lol doesn't understand the problem, but proposes inane 'solutions'
Of course I would have a problem with that. Basically Chinese goods (which is ing everything these days) will cost 36% more, while my salary stays the same.
My purchase power just took a hit overnight, and my salary basically diluted. Even if Made in USA products would show up a bit cheaper, it would still be far from the current values.
Basically, you just lowered my standard of living in a completely artificial fashion (Chinese keep producing and selling to other countries without tariffs at the real price).
Like the prohibition or drug trafficking? At 36% rates + sales taxes (easily another 7 or so percent) over billions (trillions?) of dollars of goods, it's a lot of dough. I'll have to look up some figures, but I'm fairly certain that in almost all cases long-term draconian tariffs lose effectiveness due to black markets.
I'm trying to figure out what you said that was so liberal. All I read was the standard free trade argument. WC just being stupid as per normal.
You're the idiot. You refuse to see how more than one change fits together. Tariffs make the balance in the end.
The puzzle is $17/day... We can't compete with that. Not with this cost of living.
lol ing idiot calling anybody else a tool
lol doesn't understand the problem, but proposes inane 'solutions'
Of course I would have a problem with that. Basically Chinese goods (which is ing everything these days) will cost 36% more, while my salary stays the same.
My purchase power just took a hit overnight, and my salary basically diluted. Even if Made in USA products would show up a bit cheaper, it would still be far from the current values.
Basically, you just lowered my standard of living in a completely artificial fashion (Chinese keep producing and selling to other countries without tariffs at the real price).
Like the prohibition or drug trafficking? At 36% rates + sales taxes (easily another 7 or so percent) over billions (trillions?) of dollars of goods, it's a lot of dough. I'll have to look up some figures, but I'm fairly certain that in almost all cases long-term draconian tariffs lose effectiveness due to black markets.
Apple: made in China, untaxed profits kept offshore
Summary: About two-thirds of Apple’s $97.6 billion cash pile is offshore. That’s a lot of money for an American company to keep outside of America.
Governor Mitch Daniels also played the Steve Jobs card, saying “The late Steve Jobs — what a fitting name he had — created more of them than all those stimulus dollars the President borrowed and blew.”
Partisanship aside, certainly Apple has created a lot of jobs over the years. But today, most of the jobs created by Apple are not American jobs, they’re sweatshop-style jobs for miserable, overworked workers in China.
According to the New York Times, Apple employs 43,000 people in the United States. That’s not an inconsiderable number of people. However, Apple no longer builds its own devices. There was a time when Apple computers were actually manufactured in the United States. Today, Apple products are built in China. Foxconn City has 230,000 people working to make iPhones and iPads — and Presidential candidate Rick Santorum claims more than 500,000 people build Apple products in China.
In other words, Apple provides jobs to more than 10 times more employees outside the United States than in the United States.
“$64 billion of that is offshore, Apple CFO Peter Oppenheimer stated during the call — meaning, it would cost money (taxes) to bring it back into the U.S.”
Despite TechCrunch’s reputation for inflammatory posts, Siegler’s allegation is troubling. I’m not an international finance expert, but the idea — the mere idea — that a company like Apple would store its big wad of loot offshore to avoid paying its fair share to America makes me ill.
I floated this troubling thought to ZDNet’s editors before running this story and to ask for some of their advice about how to approach telling you about it. Ed Bott reminded me that there was a great deal of discussion of the same issue when Microsoft was purchasing Skype. Microsoft has $42 billion overseas.
http://www.zdnet.com/blog/government...26?tag=nl.e539
=================
Will the UCA get another "tax expenditure" like the Repugs gave them a few year ago?
dubya let the corps, primarily BigPharma, repatriate $300B in profits at only 5%, not 35%.
In return, the corps were to "create jobs".
A year or two later, BigPharma laid off about 50K people.
Apple: made in China, untaxed profits kept offshore
Summary: About two-thirds of Apple’s $97.6 billion cash pile is offshore. That’s a lot of money for an American company to keep outside of America.
Governor Mitch Daniels also played the Steve Jobs card, saying “The late Steve Jobs — what a fitting name he had — created more of them than all those stimulus dollars the President borrowed and blew.”
Partisanship aside, certainly Apple has created a lot of jobs over the years. But today, most of the jobs created by Apple are not American jobs, they’re sweatshop-style jobs for miserable, overworked workers in China.
According to the New York Times, Apple employs 43,000 people in the United States. That’s not an inconsiderable number of people. However, Apple no longer builds its own devices. There was a time when Apple computers were actually manufactured in the United States. Today, Apple products are built in China. Foxconn City has 230,000 people working to make iPhones and iPads — and Presidential candidate Rick Santorum claims more than 500,000 people build Apple products in China.
In other words, Apple provides jobs to more than 10 times more employees outside the United States than in the United States.
“$64 billion of that is offshore, Apple CFO Peter Oppenheimer stated during the call — meaning, it would cost money (taxes) to bring it back into the U.S.”
Despite TechCrunch’s reputation for inflammatory posts, Siegler’s allegation is troubling. I’m not an international finance expert, but the idea — the mere idea — that a company like Apple would store its big wad of loot offshore to avoid paying its fair share to America makes me ill.
I floated this troubling thought to ZDNet’s editors before running this story and to ask for some of their advice about how to approach telling you about it. Ed Bott reminded me that there was a great deal of discussion of the same issue when Microsoft was purchasing Skype. Microsoft has $42 billion overseas.
http://www.zdnet.com/blog/government...26?tag=nl.e539
=================
Will the UCA get another "tax expenditure" like the Repugs gave them a few year ago?
dubya let the corps, primarily BigPharma, repatriate $300B in profits at only 5%, not 35%.
In return, the corps were to "create jobs".
A year or two later, BigPharma laid off about 50K people.
Will Noot tell these (probably not very black) people to get a paycheck instead of food stamps?
"All told, Wall Street laid off more than 200,000 employees in 2011 alone."
http://www.huffingtonpost.com/2012/0...=Daily%20Brief
In China, Human Costs Are Built Into an iPad
In the last decade, Apple has become one of the mightiest, richest and most successful companies in the world, in part by mastering global manufacturing.
Apple and its high-technology peers - as well as dozens of other American industries - have achieved a pace of innovation nearly unmatched in modern history. However, the workers assembling iPhones, iPads and other devices often labor in harsh conditions, according to employees inside those plants, worker advocates and do ents published by companies themselves.
Problems are as varied as onerous work environments and serious - sometimes deadly - safety problems.Employees work excessive overtime, in some cases seven days a week, and live in crowded dorms. Some say they stand so long that their legs swell until they can hardly walk. Under-age workers have helped build Apple's products, and the company's suppliers have improperly disposed of hazardous waste and falsified records, according to company reports and advocacy groups that, within China, are often considered reliable, independent monitors.
More troubling, the groups say, is some suppliers' disregard for workers' health. Two years ago, 137 workers at an Apple supplier in eastern China were injured after they were ordered to use a poisonous chemical to clean iPhone screens. Within seven months last year, two explosions at iPad factories, including in Chengdu, killed four people and injured 77.
Before those blasts, Apple had been alerted to hazardous conditions inside the Chengdu plant, according to a Chinese group that published that warning.
"If Apple was warned, and didn't act, that's reprehensible," said Nicholas Ashford, a former chairman of the National Advisory Committee on Occupational Safety and Health, a group that advises the United States Labor Department. "But what's morally repugnant in one country is accepted business practices in another, and companies take advantage of that." Apple is not the only electronics company doing business within a troubling supply system. Bleak working conditions have been do ented at factories manufacturing products for Dell, Hewlett-Packard, I.B.M., Lenovo, Motorola, Nokia, Sony, Toshiba and others.
http://www.nytimes.com/2012/01/26/bu...20china&st=cse
==========
One reason why Noot and Repugs want child labor laws repealed, so children can be abused and underpaid in workplaces.
I don't refuse to see anything. As I've pointed out, your suggestions amount to basically tweaks that would make sense if the gap in cost of living wouldn't be so far apart. But they are so far apart, that they amount to pandering, as they would provide zero solutions at this stage.
So you want to continue sending labor off shore so that you can have cheaper goods?I don't refuse to see anything. As I've pointed out, your suggestions amount to basically tweaks that would make sense if the gap in cost of living wouldn't be so far apart. But they are so far apart, that they amount to pandering, as they would provide zero solutions at this stage.
Don't you get it... You are part of the problem!
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