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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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#1
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reducing the cost of labor
It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com |
#2
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reducing the cost of labor
Millwright Ron wrote:
It comes Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#3
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reducing the cost of labor
On Mon, 10 Mar 2008 01:17:36 -0400, "Michael A. Terrell"
wrote: Millwright Ron wrote: It comes Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Bruce-in-Bangkok (correct email address for reply) |
#4
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reducing the cost of labor
Millwright Ron wrote:
It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com Guess it comes down to what you would call corporate greed and power vs. what some of us would call Organized Labor greed and power. The pendulum tends to swing both ways. /mark |
#5
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reducing the cost of labor
Bruce in Bangkok wrote:
On Mon, 10 Mar 2008 01:17:36 -0400, "Michael A. Terrell" wrote: Millwright Ron wrote: It comes Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Not any more, but Ron and Hawkie damn everyone for using Chinese products, while using the very same. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#6
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reducing the cost of labor
On Mon, 10 Mar 2008 09:48:07 -0400, "Michael A. Terrell"
wrote: Bruce in Bangkok wrote: On Mon, 10 Mar 2008 01:17:36 -0400, "Michael A. Terrell" wrote: Millwright Ron wrote: It comes Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Not any more, but Ron and Hawkie damn everyone for using Chinese products, while using the very same. I'd hate to tell 'em but that has been true for ever and ever. The first IBM PC's monitor (labeled IBM) was made in Taiwan and I remember my TRS-80 had chips in it that were made in Malaysia. Bruce-in-Bangkok (correct email address for reply) |
#7
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reducing the cost of labor
Bruce in Bangkok wrote:
Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Well maybe those destined for the NSA. If I was running the CIA or NSA, I sure wouldn't use off shore computers. Wes |
#8
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reducing the cost of labor
Millwright Ron wrote:
It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com Years ago, a friend went on about the fact that TV sets were now being made in MEXICO. My response was a happy one - none had been made in North America for at least 10 years at that point. She failed to see the good side... /mark |
#9
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reducing the cost of labor
Wes wrote:
Bruce in Bangkok wrote: Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Well maybe those destined for the NSA. If I was running the CIA or NSA, I sure wouldn't use off shore computers. Where are you going to buy them? NO ONE IN THE UNITED STATES MAKES ALL THE REQUIRED PARTS. They haven't for decades. Even IBM and DEC used foreign made parts in their computers. IBM owned factories in Malaysa and other out of the way places that didn't have the strict regulations, like the EPA in the United States. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#10
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reducing the cost of labor
On Mon, 10 Mar 2008 13:18:04 GMT, Mark F wrote:
Millwright Ron wrote: It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com Guess it comes down to what you would call corporate greed and power vs. what some of us would call Organized Labor greed and power. The pendulum tends to swing both ways. /mark What about consumer greed and power -- you and me and Millwright Ron? What do we look for first, the price tag or the country of manufacture? |
#11
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reducing the cost of labor
On Mon, 10 Mar 2008 12:44:03 -0400, "Michael A. Terrell"
wrote: Wes wrote: Bruce in Bangkok wrote: Are there any U.S. made PC's? Computer's having all their components manufactured in the U.S. ? Well maybe those destined for the NSA. If I was running the CIA or NSA, I sure wouldn't use off shore computers. Where are you going to buy them? NO ONE IN THE UNITED STATES MAKES ALL THE REQUIRED PARTS. They haven't for decades. Even IBM and DEC used foreign made parts in their computers. IBM owned factories in Malaysa and other out of the way places that didn't have the strict regulations, like the EPA in the United States. The cheerful slave labor (typically young Muslim girls who they put up in dorms and supply with chaperones in places like Penang) is probably a lot more of a draw than any apparent laxness of environmental regulations. http://law.nus.edu.sg/apcel/dbase/ma.../reportma.html Best regards, Spehro Pefhany -- "it's the network..." "The Journey is the reward" Info for manufacturers: http://www.trexon.com Embedded software/hardware/analog Info for designers: http://www.speff.com |
#12
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reducing the cost of labor
Spehro Pefhany wrote:
The cheerful slave labor (typically young Muslim girls who they put up in dorms and supply with chaperones in places like Penang) is probably a lot more of a draw than any apparent laxness of environmental regulations. Is that why IBM was called "Big Blue"? -- My sig file can beat up your sig file! |
#13
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reducing the cost of labor
On Mar 10, 1:27 pm, "Michael A. Terrell"
wrote: Is that why IBM was called "Big Blue"? "Big Blue" was called that because the cover panels on all their computer equipment was blue,unless you special ordered another color. Sometimes the companies I worked for bought used equipment and once or twice we got a red box or a yellow box. You could buy new blue panels if you wanted all to match. Paul |
#14
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reducing the cost of labor
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#15
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reducing the cost of labor
On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron
wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. Way to go Ron. Bring back the Smoot-Hawley tarriffs of the 1930s. We can repeat history. The financial leg of our economy is already weakened by the mortgage mess. Lets impose punitive tariffs and take out another leg. RWL |
#16
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reducing the cost of labor
Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. Hey, that's not fair. Because you're probably using a cheap Chinese made computer to spread your crap and lies while spouting anti union BS too. In your case I'm sure of it. Hawke |
#17
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reducing the cost of labor
"Mark F" wrote in message news:gyaBj.68588$pM4.58673@pd7urf1no... Millwright Ron wrote: It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com Guess it comes down to what you would call corporate greed and power vs. what some of us would call Organized Labor greed and power. The pendulum tends to swing both ways. /mark There is a big difference though. When the pendulum swings to the side of unions regular working class Americans get more of everything and it improves their lives and helps the whole country. When it swings over to the side of the corporations the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse. Kind of like it is right now. So tell me, which way is better for the most people? Hawke |
#18
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reducing the cost of labor
GeoLane at PTD dot NET wrote in message ... On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. Way to go Ron. Bring back the Smoot-Hawley tarriffs of the 1930s. We can repeat history. The financial leg of our economy is already weakened by the mortgage mess. Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke |
#19
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reducing the cost of labor
Hawke wrote:
Give it a rest, hypocrite. You're using a cheap chinese made computer to spread your crap and lies while spouting union BS. Hey, that's not fair. Because you're probably using a cheap Chinese made computer to spread your crap and lies while spouting anti union BS too. In your case I'm sure of it. What's your point birdbrain? You and Ron spout the 'Union, or else' BS, yet you use Chinese equipment. I never claimed not to but then, I generally use used systems, built from salvaged parts. That means I didn't buy mine, but you paid your Chinese owner. -- Service to my country? Been there, Done that, and I've got my DD214 to prove it. Member of DAV #85. Michael A. Terrell Central Florida |
#20
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reducing the cost of labor
On Mon, 10 Mar 2008 22:12:39 -0800, "Hawke"
wrote: "Mark F" wrote in message news:gyaBj.68588$pM4.58673@pd7urf1no... Millwright Ron wrote: It comes about by reducing the cost of labor, and this comes about by transferring production facilities to that part of the world where labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. This makes it possible to produce products elsewhere and then import them here without paying any tariffs. It also comes about by moving corporate headquarters anywhere in the world where taxes are the least and incentives (such as free land) are the greatest Millwright Ron www.unionmillwright.com Guess it comes down to what you would call corporate greed and power vs. what some of us would call Organized Labor greed and power. The pendulum tends to swing both ways. /mark There is a big difference though. When the pendulum swings to the side of unions regular working class Americans get more of everything and it improves their lives and helps the whole country. When it swings over to the side of the corporations the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse. Kind of like it is right now. So tell me, which way is better for the most people? Hawke It is difficult to believe that you are as naive as you appear to be. Your statement "the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse" is almost unbelievably uninformed. Have you never heard of CALPERS? One of the largest stockholders/investors in the world with some $236 Billion invested. I suggest that you Google "CALPERS" to discover who/what they are and who the shareholders that benefit are. Hardly aristocrats, Then, perhaps, you might wish re-word your post above. .. Bruce-in-Bangkok (correct email address for reply) |
#21
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reducing the cost of labor
On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke"
wrote: GeoLane at PTD dot NET wrote in message .. . On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. Way to go Ron. Bring back the Smoot-Hawley tarriffs of the 1930s. We can repeat history. The financial leg of our economy is already weakened by the mortgage mess. Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? Bruce-in-Bangkok (correct email address for reply) |
#22
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reducing the cost of labor
On Mar 11, 12:38*am, Bruce in Bangkok wrote:
On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke" wrote: GeoLane at PTD dot NET wrote in message .. . On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. *Way to go Ron. *Bring back the Smoot-Hawley tarriffs of the 1930s. *We can repeat history. *The financial leg of our economy is already weakened by the mortgage mess. *Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? Bruce-in-Bangkok (correct email address for reply)- Hide quoted text - - Show quoted text - You can buy a new Dodge pick truck up in the USA. One assembled in Mexico,one assembled in the U.S. and one assembled in Canada. All three sell for the same price. So I say spend your money where you make it. Buy built in the USA. Millwright Ron www.unionmillwright.com |
#23
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reducing the cost of labor
"Bruce in Bangkok" wrote in message ... On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke" wrote: GeoLane at PTD dot NET wrote in message . .. On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. Way to go Ron. Bring back the Smoot-Hawley tarriffs of the 1930s. We can repeat history. The financial leg of our economy is already weakened by the mortgage mess. Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. There was no "world market" when prices and wages were established by market forces in the US. What happened is that the "world market" grew up, around pittance wages and trivial embedded costs, fueled by the free movement of capital and the rapid transfer of technology. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? No, it isn't relevent to the situation in manufacturing. The fact here is that the US is the only developed or developing country in the world that doesn't have price controls on pharmaceuticals. On the other hand, the wild and crazy US drug market is the reason we have the researchers who have moved here from Germany, France, and the UK, and they've lost them in big numbers. It's the reason we have tens of thousands of jobs they would like to have. It's the reason that I, as a medical writer and editor, made around 50% more than I made as a manufacturing writer and editor. The current economic troubles cloud the issue, but the fact is that Germans and French have been screaming -- even the OECD has been screaming -- that pharma price controls in those countries have gutted their industries and moved them mostly to the US. That's not to say that I would support the lack of price controls here 100%. But facts are facts. We have the numbers, and the top-paying pharma jobs. -- Ed Huntress |
#24
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reducing the cost of labor
Hawkie wrote:
There is a big difference though. When the pendulum swings to the side of unions regular working class Americans get more of everything and it improves their lives and helps the whole country. When it swings over to the side of the corporations the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse. Kind of like it is right now. So tell me, which way is better for the most people? Union greed is always bad for everyone other than those at the top level of their Ponzi Scheme. You're too ignorant to realize this, of course. If EVERY worker in the US was in a union, things would be even worse, because every one of you inbred losers think you're worth more than anyone else and inflation would be in a race to infinity. -- My sig file can beat up your sig file! |
#25
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reducing the cost of labor
Millwright Ron wrote:
You can buy a new Dodge pick truck up in the USA. One assembled in Mexico,one assembled in the U.S. and one assembled in Canada. All three sell for the same price. So I say spend your money where you make it. Buy built in the USA. That's it, keep changing the subject, because you're too stopid to see the truth in what was said. Now, how many times a month do you buy a new truck? -- My sig file can beat up your sig file! |
#26
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reducing the cost of labor
On Mar 11, 10:13*am, "Michael A. Terrell"
wrote: Hawkie wrote: There is a big difference though. When the pendulum swings to the side of unions regular working class Americans get more of everything and it improves their lives and helps the whole country. When it swings over to the side of the corporations the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse. Kind of like it is right now. So tell me, which way is better for the most people? * Union greed is always bad for everyone other than those at the top level of their Ponzi Scheme. You're too ignorant to realize this, of course. If EVERY worker in the US was in a union, things would be even worse, because every one of you inbred losers think you're worth more than anyone else and inflation would be in a race to infinity. -- My sig file can beat up your sig file! Unions are only about 10 percent of the work force. So why do you blame them? Besides your poor opinion of people that are Union. The real enemy is greed It is not how much it costs the manufacturers or what the laborers get paid. . It is about GREED, GREED of the CEO's, GREED of US POLITICIANS |
#27
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reducing the cost of labor
On Mar 11, 10:16*am, "Michael A. Terrell"
wrote: Millwright Ron wrote: You can buy a new Dodge pick truck up in the USA. One assembled in Mexico,one assembled *in the U.S. and one assembled in Canada. All three sell for the same price. So I say spend your money where you make it. Buy built in the USA. That's it, keep changing the subject, because you're too stopid to see the truth in what was said. *Now, how many times a month do you buy a new truck? -- My sig file can beat up your sig file! You really don't get it.. What is so difficult for you to understand..... BUY BUILT IN THE USA Buy from your local area,buy from your local store, buy from the local mom and pop business Millwright Ron www.unionmillwright.com |
#28
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reducing the cost of labor
On Mar 11, 10:06*am, "Ed Huntress" wrote:
"Bruce in Bangkok" wrote in messagenews:l8cct3tl17taro2k6k4ktev4djekouumeq@4ax .com... On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke" wrote: GeoLane at PTD dot NET wrote in message . .. On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. *Way to go Ron. *Bring back the Smoot-Hawley tarriffs of the 1930s. *We can repeat history. *The financial leg of our economy is already weakened by the mortgage mess. *Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. There was no "world market" when prices and wages were established by market forces in the US. What happened is that the "world market" grew up, around pittance wages and trivial embedded costs, fueled by the free movement of capital and the rapid transfer of technology. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? No, it isn't relevent to the situation in manufacturing. The fact here is that the US is the only developed or developing country in the world that doesn't have price controls on pharmaceuticals. On the other hand, the wild and crazy US drug market is the reason we have the researchers who have moved here from Germany, France, and the UK, and they've lost them in big numbers. It's the reason we have tens of thousands of jobs they would like to have. It's the reason that I, as a medical writer and editor, made around 50% more than I made as a manufacturing writer and editor. The current economic troubles cloud the issue, but the fact is that Germans and French have been screaming -- even the OECD has been screaming -- that pharma price controls in those countries have gutted their industries and moved them mostly to the US. That's not to say that I would support the lack of price controls here 100%. But facts are facts. We have the numbers, and the top-paying pharma jobs. -- Ed Huntress- Hide quoted text - - Show quoted text - Ed I hate to say I agree with you on this one....but you are right. Millwright Ron www.unionmillwright.com |
#29
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reducing the cost of labor
On Tue, 11 Mar 2008 13:06:03 -0400, "Ed Huntress"
wrote: snip There was no "world market" when prices and wages were established by market forces in the US. What happened is that the "world market" grew up, around pittance wages and trivial embedded costs, fueled by the free movement of capital and the rapid transfer of technology. snip =========== Indeed, and be reminded that the Recardo grift of "comparative advantage" posited that capital, including intellectual capital [i.e. technology] is "fixed" within a country. As soon as capital is free to relocate, "comparative advantage" disappears leaving only "absolute advantage." The continued assumption (or at least propagandizing] of "comparative advantage" with mobile capital appears to account for the large number of problematic, economic crisis [and paupers] being generated. Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end? Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625). |
#30
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reducing the cost of labor
On Tue, 11 Mar 2008 13:06:03 -0400, "Ed Huntress"
wrote: snip On the other hand, the wild and crazy US drug market is the reason we have the researchers who have moved here from Germany, France, and the UK, and they've lost them in big numbers. It's the reason we have tens of thousands of jobs they would like to have. It's the reason that I, as a medical writer and editor, made around 50% more than I made as a manufacturing writer and editor. snip ========== On the other hand, this does not seem to have helped in the last few years in the generation of actual new products. Consolidation, consolidation and yet more consolidation, (and the asset stripping this implies) with evermore planning, planning, planning seems to have eliminated any innovation (along with most of their researchers). FWIW -- classifying a cost as a research expense does not make it a research expense, it's simply "cooking the books." Pharmaceutical "profits" in the US now appear to be far more a function of "who you know' [in the FDA], legal games (for example preventing the manufacture of generic drugs based on your lapsed/expired patents) and direct consumer marketing, than what a company know about pharmacology, research methods, and biochemistry or how good their product is. {and we call this the "ethical drug" sector!] Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end? Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625). |
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reducing the cost of labor
On Tue, 11 Mar 2008 13:06:03 -0400, "Ed Huntress"
wrote: The current economic troubles cloud the issue, but the fact is that Germans and French have been screaming -- even the OECD has been screaming -- that pharma price controls in those countries have gutted their industries and moved them mostly to the US. And the consumers have the drugs at affordable prices... That's not to say that I would support the lack of price controls here 100%. But facts are facts. We have the numbers, and the top-paying pharma jobs. Indeed we do, but the top paying jobs are for the book cooking, asset stripping CEOs and MBA types. The actual research and production are rapidly being offshored, mainly to China and India. Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end? Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625). |
#32
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reducing the cost of labor
"F. George McDuffee" wrote in message ... On Tue, 11 Mar 2008 13:06:03 -0400, "Ed Huntress" wrote: The current economic troubles cloud the issue, but the fact is that Germans and French have been screaming -- even the OECD has been screaming -- that pharma price controls in those countries have gutted their industries and moved them mostly to the US. And the consumers have the drugs at affordable prices... That's not to say that I would support the lack of price controls here 100%. But facts are facts. We have the numbers, and the top-paying pharma jobs. Indeed we do, but the top paying jobs are for the book cooking, asset stripping CEOs and MBA types. The actual research and production are rapidly being offshored, mainly to China and India. Production, but not much of the research. They can do the big-cohort studies cheaper there but not many of them. Most are done here in the US. I've done work for Pfizer, sanofi-aventis, Bayer, Merck, and a half-dozen others. Since I was editing the research studies (and writing some of the conclusions and physician-education materials), I'm familiar with the research itself. -- Ed Huntress |
#33
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reducing the cost of labor
"F. George McDuffee" wrote in message ... On Tue, 11 Mar 2008 13:06:03 -0400, "Ed Huntress" wrote: snip On the other hand, the wild and crazy US drug market is the reason we have the researchers who have moved here from Germany, France, and the UK, and they've lost them in big numbers. It's the reason we have tens of thousands of jobs they would like to have. It's the reason that I, as a medical writer and editor, made around 50% more than I made as a manufacturing writer and editor. snip ========== On the other hand, this does not seem to have helped in the last few years in the generation of actual new products. Consolidation, consolidation and yet more consolidation, (and the asset stripping this implies) with evermore planning, planning, planning seems to have eliminated any innovation (along with most of their researchers). FWIW -- classifying a cost as a research expense does not make it a research expense, it's simply "cooking the books." Pharmaceutical "profits" in the US now appear to be far more a function of "who you know' [in the FDA], legal games (for example preventing the manufacture of generic drugs based on your lapsed/expired patents) and direct consumer marketing, than what a company know about pharmacology, research methods, and biochemistry or how good their product is. {and we call this the "ethical drug" sector!] It's not that simple, George. The 30-second version is that the "small-molecule" drug business, on which those big pharma companies were built, is on its last legs. You could say they've picked all the low-hanging fruit and there aren't many new small-molecule drugs in the pipeline -- which lasts 10 years or so, from discovery to marketing. The future looks like a big-molecule business, which means biologicals. Those aren't well suited to big corporation research. Small, innovative companies come up with them -- and drop like flies when they run out of money. When they come up with something that looks hot, the big pharma companies buy them out. That makes them both happy. Meantime, as you say, survival requires "innovation" in patent-fighting and DTC (direct-to-consumer) advertising. Enter Huntress...g -- Ed Huntress |
#34
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reducing the cost of labor
This looks like a good spot to post this little morale builder
from the Financial Times [UK] http://www.ft.com/cms/s/0/0e63ad12-e...0779fd2ac.html "Suppose, then, that Prof Roubini were right. Losses of $2,000bn-$3,000bn {2 to 3 trillion in American-speak} would decapitalise the financial system. The government would have to mount a rescue. The most plausible means of doing so would be via nationalisation of all losses. While the US government could afford to raise its debt by up to 20 per cent of GDP, in order to do this, that decision would have huge ramifications. We would have more than the biggest US financial crisis since the 1930s. It would be an epochal political event." =========== FWIW -- it appears the "money" being created and pumped into the financial markets by the fed is *NOT* being used for the needed liquidity in bond/credit markets but rather to fuel commodity speculation, i.e. 110$/bbl oil, 12$ wheat, 20$ silver, etc. The pyromaniacs are burning the house down [again]. Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end? Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625). |
#35
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reducing the cost of labor
Millwright Ron wrote:
You really don't get it.. What is so difficult for you to understand..... BUY BUILT IN THE USA Buy from your local area,buy from your local store, buy from the local mom and pop business You really don't get it. American made DOES NOT MEAN UNION MADE. There are damn few local mom and pop businesses left around here, unless you count flea markets. Even then, they have no investment in the community. They show up for a while, then disappear. I did support local businesses, till they disappeared. Owners retire, buildings get sold, property taxes go up, and other pressures build till they can't keep the doors open. The local hardware stores almost never has what I need, and don't want to special order it. Local computer stores refuse to sell parts, because they are afraid of any imagined competition. ai always bought the best quality I could find, for whatever I needed. Rarely was it union made. In fact, most of the things I've seen with a union label were of unacceptable quality, even if they were free. Why do you thing buying online is so popular? You can drive around town, visit a hundred stores, while spending a couple hundred dollars on gasoline. You still don't find what you need, and end up buying from a big box store, or online. This isn't 1800, when crackers were shipped in barrels, and the local blacksmith made almost any hardware you needed. It is a new world, with a global economy. You damn Wal-Mart, but I can't remember the last thing I bought there that was imported. I look at the label of everything I buy to see where it was made, but Union made doesn't impress me, at all. -- My sig file can beat up your sig file! |
#36
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reducing the cost of labor
This whole discussion sounds like a bunch of buggy whip makers in 1903
"F. George McDuffee" wrote in message ... This looks like a good spot to post this little morale builder from the Financial Times [UK] http://www.ft.com/cms/s/0/0e63ad12-e...0779fd2ac.html "Suppose, then, that Prof Roubini were right. Losses of $2,000bn-$3,000bn {2 to 3 trillion in American-speak} would decapitalise the financial system. The government would have to mount a rescue. The most plausible means of doing so would be via nationalisation of all losses. While the US government could afford to raise its debt by up to 20 per cent of GDP, in order to do this, that decision would have huge ramifications. We would have more than the biggest US financial crisis since the 1930s. It would be an epochal political event." =========== FWIW -- it appears the "money" being created and pumped into the financial markets by the fed is *NOT* being used for the needed liquidity in bond/credit markets but rather to fuel commodity speculation, i.e. 110$/bbl oil, 12$ wheat, 20$ silver, etc. The pyromaniacs are burning the house down [again]. Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end? Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625). |
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reducing the cost of labor
On Tue, 11 Mar 2008 11:24:53 -0700 (PDT), Millwright Ron
wrote: On Mar 11, 10:16*am, "Michael A. Terrell" wrote: Millwright Ron wrote: You can buy a new Dodge pick truck up in the USA. One assembled in Mexico,one assembled *in the U.S. and one assembled in Canada. All three sell for the same price. So I say spend your money where you make it. Buy built in the USA. That's it, keep changing the subject, because you're too stopid to see the truth in what was said. *Now, how many times a month do you buy a new truck? -- My sig file can beat up your sig file! You really don't get it.. What is so difficult for you to understand..... BUY BUILT IN THE USA Buy from your local area,buy from your local store, buy from the local mom and pop business Millwright Ron www.unionmillwright.com Buy from the largest retailer in the world WalMart? Bruce-in-Bangkok (correct email address for reply) |
#38
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reducing the cost of labor
On Tue, 11 Mar 2008 11:20:28 -0700 (PDT), Millwright Ron
wrote: On Mar 11, 10:13*am, "Michael A. Terrell" wrote: Hawkie wrote: There is a big difference though. When the pendulum swings to the side of unions regular working class Americans get more of everything and it improves their lives and helps the whole country. When it swings over to the side of the corporations the only ones who benefit are the company management and stockholders. They then live like aristocrats while ordinary people see their lives get a lot worse. Kind of like it is right now. So tell me, which way is better for the most people? * Union greed is always bad for everyone other than those at the top level of their Ponzi Scheme. You're too ignorant to realize this, of course. If EVERY worker in the US was in a union, things would be even worse, because every one of you inbred losers think you're worth more than anyone else and inflation would be in a race to infinity. -- My sig file can beat up your sig file! Unions are only about 10 percent of the work force. So why do you blame them? Besides your poor opinion of people that are Union. The real enemy is greed It is not how much it costs the manufacturers or what the laborers get paid. . It is about GREED, GREED of the CEO's, GREED of US POLITICIANS And don't forget all the greedy people that buy from WalMart, Harbor Freight and the other resellers of foreign made goods. They are greedy too, trying to keep some of their hard earned capital instead of spending it for high priced, and frequently poorly made, US made goods. .. Bruce-in-Bangkok (correct email address for reply) |
#39
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reducing the cost of labor
"Hawke" wrote in message ... "Bruce in Bangkok" wrote in message ... On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke" wrote: GeoLane at PTD dot NET wrote in message .. . On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. Way to go Ron. Bring back the Smoot-Hawley tarriffs of the 1930s. We can repeat history. The financial leg of our economy is already weakened by the mortgage mess. Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? Bruce-in-Bangkok (correct email address for reply) It's more complicated than that. The same company that makes that drug probably sells it across the Canadian border for a lot less too. Our pharmaceutical companies have the government by the balls and get sweetheart deals you wouldn't believe. If they had to really compete we'd be paying the same, or nearly the same as you are. Nope. They aren't competing at all. What it takes is government price controls on drugs. Everyone has them but us. That's why most drugs are developed in the US. Our prices reflect all of the development costs. To make money in Europe, they use a different accounting -- one in which all of the development costs are sunk (in the US). Another example, Bill Clinton was in Africa promoting anti AIDS programs. They had one where drugs were being supplied from Europe and it cost about 200.00 a year to keep someone alive who had AIDS. The same medication in the US was 10,000. There is something horribly wrong when you see that kind of a difference in costs of medication. What it says is that we're paying for the world's drugs. When you sort out the arguments over this, you wind up with an accounting debate over whether we're making it up in pharma jobs and corporate taxes. I've tried to sort it out but it looks hopeless. snip -- Ed Huntress |
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reducing the cost of labor
On Tue, 11 Mar 2008 11:27:26 -0700 (PDT), Millwright Ron
wrote: On Mar 11, 10:06*am, "Ed Huntress" wrote: "Bruce in Bangkok" wrote in messagenews:l8cct3tl17taro2k6k4ktev4djekouumeq@4ax .com... On Mon, 10 Mar 2008 22:16:38 -0800, "Hawke" wrote: GeoLane at PTD dot NET wrote in message . .. On Sun, 9 Mar 2008 22:07:39 -0700 (PDT), Millwright Ron wrote: labor is the cheapest. It comes about by lobbying for "free trade" such as the NAFTA and CAFTA legislation. Yay. *Way to go Ron. *Bring back the Smoot-Hawley tarriffs of the 1930s. *We can repeat history. *The financial leg of our economy is already weakened by the mortgage mess. *Lets impose punitive tariffs and take out another leg. RWL The Asians impose punitive tariffs on our goods and it doesn't seem to have hurt them at all. In fact, they are kicking our asses. Maybe if we had brains we'd copy them. We would say we're all for free trade but then have protectionist policies just like Japan and China. We're not smart enough to do that though and will continue having our asses kicked. And we'll complain a lot. Hawke The fact is that most Asian countries import very little from the U.S. But you are correct that there are high import duties in most asian countries, with the exception of Singapore, where duties are so low that it is effectively a duty free port. The reason that they are "kicking our asses" is simply that they manufacture goods at an attractive cost and thus "sell" more goods then they need to "buy". In Thailand for example, nearly all the imported goods are either raw materials or luxury goods while they are the main manufacturer (world wide) for Toyota and Isuzu pickups. The real answer is that the U.S. has priced themselves out of the world market. There was no "world market" when prices and wages were established by market forces in the US. What happened is that the "world market" grew up, around pittance wages and trivial embedded costs, fueled by the free movement of capital and the rapid transfer of technology. Let me give you one simple example: I buy Zestril, a medicine for hypertension, in Thailand, for the equivalent of US$ 12.90/30 tabs. I saw it advertized on the Internet, for sale in the U.S. for $48.00/30 tabs. The same medicine, made by the same people, in the same factory. Does that give you a hint why the U.S. is losing business? No, it isn't relevent to the situation in manufacturing. The fact here is that the US is the only developed or developing country in the world that doesn't have price controls on pharmaceuticals. On the other hand, the wild and crazy US drug market is the reason we have the researchers who have moved here from Germany, France, and the UK, and they've lost them in big numbers. It's the reason we have tens of thousands of jobs they would like to have. It's the reason that I, as a medical writer and editor, made around 50% more than I made as a manufacturing writer and editor. The current economic troubles cloud the issue, but the fact is that Germans and French have been screaming -- even the OECD has been screaming -- that pharma price controls in those countries have gutted their industries and moved them mostly to the US. That's not to say that I would support the lack of price controls here 100%. But facts are facts. We have the numbers, and the top-paying pharma jobs. -- Ed Huntress- Hide quoted text - - Show quoted text - This thread is going off at a tangent. I responded to Hawke's statement that "In fact, they are kicking our asses", by stated that the U.S. has priced themselves out of the world market and gave the example of the cost of Zestril in Thailand vis-a-vis the U.S. You respond that "it isn't relevant to the situation in manufacturing", and then go on to explain that your salary in the medical business was higher then in the manufacturing business. My point is that costs in the U.S. are higher then in much of the rest of the world and that is basic problem. It costs more to do something in the U.S. then it does in other countries, whether it is building something or doing something -- even answering the telephone has moved offshore -- and as a result we have the situation that exists in the U.S. today. Now, this is not a simple problem and there are a host of underlying reasons for the situation as it exists today. frankly I feel that they are unsurmountable. It is easy to blame it on the notion that the cause is the greedy unions with their insatiable demands for pay increases. Or the greed of CEO's ,which probably, is not that far out of line in reality -- Exxon, the largest company in the world? How much should we pay for the guy that runs that company? But trying to assign blame to a single entity, or cause, is an over simplistic point of view. The root cause is that developed countries, simply by the nature of the beasts, increase the standard of living of the population and the demand for bigger, better, more, and as a result costs of doing business in the country increases. So, as long as there are less developed areas business will move to the cheaper, less developed areas. This happened, in the U.S., after WW II with industry leaving the N.E. states (with the result of lost jobs and failing economies) and moving to the South. It is now happening again, except industry is now moving outside the U.S. because there is no longer undeveloped areas within the country. Bruce-in-Bangkok (correct email address for reply) |
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