Wal Mart synthn oil?
That’s an excellent point and yet another good reason to stick with Mobil One!
Save the Wave
Jim
What you fail to realize is that if the wages overseas were the same as the wages in the USA your $50k per year wouldn't buy you 60% of what it does today. So it would be the same as a pay reduction for you and the rest of your union buddies.
Save the Wave
Jim
Save the Wave
Jim
You are missing the point - if this happened the cost of goods you purchase every day would be more expensive than they are today. I know this has nothing to do with the C6 but this lack of Economics 101 understanding is quite amusing...
So everyone hates that jobs are heading to China, but we would hate it more if the toys you buy for your kids cost $50 instead of $30.
What I dream of is that the unions continue fighting for higher wages to the point that their jobs are eliminated, then they can complain about the loss of jobs. Global market = less inefficiency = better value = higher quality & lower prices = less than average skilled people are out of work. In 30 years the USA will be a distribution and service country, not a manufacturing country for most industries.
The Best of Corvette for Corvette Enthusiasts
So everyone hates that jobs are heading to China, but we would hate it more if the toys you buy for your kids cost $50 instead of $30.
What I dream of is that the unions continue fighting for higher wages to the point that their jobs are eliminated, then they can complain about the loss of jobs. Global market = less inefficiency = better value = higher quality & lower prices = less than average skilled people are out of work. In 30 years the USA will be a distribution and service country, not a manufacturing country for most industries.[/QUOTE]
mikejofgb,
Are you equally amused with America’s alleged trading “partners” and their so-called “fair trades” practices? Does your understanding of Economics 101 condone the practice of the Korean Government auditing any Korean citizen that purchases an American automobile? How about American fruits, vegetables, poultry and beef sitting on docks for months in Japan awaiting an agricultural inspection? What do you think about China manipulating the value their currency against the dollar so that their products are cheaper? What about foreign Governments subsidizing private industry and then “DUMPING” their products in the U.S. at unrealistic non-competitive prices! Intellectual property theft or international patent infringement, the list is as huge as our 170 Billion dollar trade deficit!
In your 30 year scenario, what do you think the cost of today’s so-called “inexpensive” products will be when American manufacturing has been forced out of business and our presumably fair trade partners are free to charge what ever they want because of lack of competition? Read the books “Exporting of America” and “The Cost of Saving” or any of the other half a dozen or so books that chronicle America’s failed trade polices! I for one would prefer to pay the $50 instead of $30 for the kid’s toys, if that $20 investment meant saving American jobs and that is precisely why I refuse to shop at Wal-mart!
Save the Wave
Jim














