Bringing jobs back to america
What are the big hurdles to bringing outsourced jobs and manufacturing back to america? Is the main issue that companies just want the biggest margins possible? Is this just a labor cost issue? TIA
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In THIS pandemic?
At this point the concern ix bringing back the 40 million American jobs that have been lost by Americans
Also I don't know. Let the smart kids answer -
I think the answer lies in the question of "why did those companies outsource in the first place?"
My semi-educated answer is cheaper labor and less government regulations. -
Americans cost more (higher salaries, employers pay for health insurance in US, etc.).WilburHooksHands said:Let me caveat by saying i dont know shit about any of this...
What are the big hurdles to bringing outsourced jobs and manufacturing back to america? Is the main issue that companies just want the biggest margins possible? Is this just a labor cost issue? TIA
Also, China subsidizes some businesses, meaning that they can sell products at unbeatable prices.
US needs to create incentives for businesses to do stuff in America. -
That's it. No one really wants their kids sewing up Nike's. They would rather have them selling them. Now outsourcing all of our antibiotic production to China and India is beyond stupid.BleachedAnusDawg said:I think the answer lies in the question of "why did those companies outsource in the first place?"
My semi-educated answer is cheaper labor and less government regulations. -
What if paying people real wages to sew up Nikes is what its going to take? Is that going to actually destroy a company like Nike or just the stock?WestlinnDuck said:
That's it. No one really wants their kids sewing up Nike's. They would rather have them selling them. Now outsourcing all of our antibiotic production to China and India is beyond stupid.BleachedAnusDawg said:I think the answer lies in the question of "why did those companies outsource in the first place?"
My semi-educated answer is cheaper labor and less government regulations.
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Labor costs, regulation, subsidies/incentives, and also the "hub" effect(Shenzhen makes Drones, Detroit makes cars, SF has Tech)WilburHooksHands said:Let me caveat by saying i dont know shit about any of this...
What are the big hurdles to bringing outsourced jobs and manufacturing back to america? Is the main issue that companies just want the biggest margins possible? Is this just a labor cost issue? TIA
How much of a deep dive would you like?
Flattening and reducing the corporate tax rate made small/medium US businesses more competitive with large multi-nationals who outsource.
The trade war with China is mostly about subsidies and state sponsorship of "dumping"(eliminating your competition by pricing at a loss short term).
RIP @CirrhosisDawg IP theft is another big issue, why innovate in an expensive protected market like the US if you can just steal the tech(with government assistance) in China and sell it in the US.
To some degree it is the natural progression of an advancing economy and technological improvement. The US is more of an IP/Service industry than ever before. Do we really need steam engine manufacturing back from India at this point? The thing that many economists had wrong though was that there are "strategic" industries worth having even if they are outdated ex. Steel, pharma, agriculture etc. The other major oversight was losing advanced manufacturing along with low value manufacturing. I would also point out though that US manufacturing is actually at all time highs(or was RIP WuFlu) it's just that as a per capita industry it has taken off by employing fewer people and more automation. -
Once upon a time when the lock down was going to be for a couple weeks to flatten the curve back in March, the US economy was strong enough to bounce back due to the demand that was there as unemployment was low and jobs were up as was income
It could have been a pretty good bounce back pretty quick.
Now with Biden as president over a country that was locked down from March to November coming in with his socialists and tax increases you can bend over and kiss your ass goodbye -
I've had experience with this. The two biggest drivers are labor cost and taxes. Some countries will have free trade areas that allow more favorable and flexible application of tax laws. Also in general corporate taxes are lower.
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FewerBleachedAnusDawg said:I think the answer lies in the question of "why did those companies outsource in the first place?"
My semi-educated answer is cheaper labor and less government regulations. -
https://foxnews.com/media/tammy-bruce-pelosi-dems-covid-trump
In an interview on "Fox & Friends," Bruce said that while coronavirus restrictions were once a "genuine issue" in the beginning, what is "occurring" now is entirely politically motivated on behalf of liberals.
They want to keep this framework going of panic and chaos. I think in part because they think it might hurt the president," she said. "They are wrong. Americans are not infants. We know what is going on, and we are going to defend our lives. The president, I think, is within that framework. He understands that, but this is not going to bode well for the Democrats in November."
"Fox & Friends" host Ainsley Earhardt pointed out that Democratic House Speaker Nancy Pelosi, D-Calif., called COVID-19 the "Trump Virus."
"That tells you everything you need to know.," Bruce laughed. "We can't deal with the serious problems if the Democrats are not even willing to face reality. And, that is the case in many dynamics." -
I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
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There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG -
I would prefer that we moved more towards having less shit but it being better quality.WilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
It's mostly how I roll now -
Last time I checked he was still in office with a senate majority and lined up for another big win against slo joe so whats the hold up?RaceBannon said:
There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG -
Yo quiero Taco Bell!Pitchfork51 said:
I would prefer that we moved more towards having less shit but it being better quality.WilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
It's mostly how I roll now -
Me too but we probably have real jobs and real money, how can we get the majority of americans back there?Pitchfork51 said:
I would prefer that we moved more towards having less shit but it being better quality.WilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
It's mostly how I roll now -
Seriously? What's the hold up?WilburHooksHands said:
Last time I checked he was still in office with a senate majority and lined up for another big win against slo joe so whats the hold up?RaceBannon said:
There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG
I have no idea. Let me check the news
Trump was implementing his programs with out congress who you really need. The numbers were good for America.
What's the hold up? No clue dude. Maybe the shut down of the economy since March. Not sure -
Im hearing he’ll have 4 more years. I do think one long term positive of the shutdown is that it may at least decentralize some industry and move some labor around to fight the hub effect. Thats about it.RaceBannon said:
Seriously? What's the hold up?WilburHooksHands said:
Last time I checked he was still in office with a senate majority and lined up for another big win against slo joe so whats the hold up?RaceBannon said:
There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG
I have no idea. Let me check the news
Trump was implementing his programs with out congress who you really need. The numbers were good for America.
What's the hold up? No clue dude. Maybe the shut down of the economy since March. Not sure -
Polls favor Biden bigly. More than Hillary and well past margins of error even in swing states.WilburHooksHands said:
Im hearing he’ll have 4 more years.RaceBannon said:
Seriously? What's the hold up?WilburHooksHands said:
Last time I checked he was still in office with a senate majority and lined up for another big win against slo joe so whats the hold up?RaceBannon said:
There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG
I have no idea. Let me check the news
Trump was implementing his programs with out congress who you really need. The numbers were good for America.
What's the hold up? No clue dude. Maybe the shut down of the economy since March. Not sure
We could use 4 more years to get this back on track but we need to save the economy now. Politics aside food riots make this Antifa shit look like grade school recess -
Odds are either one of these guys are going to kick it in the next 4 years anywayRaceBannon said:
Polls favor Biden bigly. More than Hillary and well past margins of error even in swing states.WilburHooksHands said:
Im hearing he’ll have 4 more years.RaceBannon said:
Seriously? What's the hold up?WilburHooksHands said:
Last time I checked he was still in office with a senate majority and lined up for another big win against slo joe so whats the hold up?RaceBannon said:
There was wiggle room and middle groundWilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
Its pissing in the wind now. Its like recruiting for a season that won't happen
There was a guy that wanted to put Americans first, fight for fair trade, and bring jobs home. He got impeached like a DOG
I have no idea. Let me check the news
Trump was implementing his programs with out congress who you really need. The numbers were good for America.
What's the hold up? No clue dude. Maybe the shut down of the economy since March. Not sure
We could use 4 more years to get this back on track but we need to save the economy now. Politics aside food riots make this Antifa shit look like grade school recess -
Where’s the energy around requiring real audits of any company accessing US capital markets? I liked that idea. If business practices are fair and ethical then we should allow some outsourcing, however China using slave labor and state money to corner markets and industries continues to be a huge national and global risk.
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How does Vice-President Susan Rice sound?
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Yes. That's why the USA leads the works in mfg output.WilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
If a person is only capable of working on a manufacturing line it's not a company's problem. There are currently millions of jobs for skilled workers and trades people. -
AI and automation should in theory decrease China’s advantage in labor prices. The death of retail will reduce company inventory assets dramatically. It’s gonna be build quickly on demand of sale, not build in advance and hope it sells. Shorter supply chains. Of course unless we go communist. Or have massive inflation.
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With the forced advent of working from home and the subsequent lessons learned, there is going to be a huge inventory of unused commercial real estate space. States with no or low income tax rates are going to make out like banshees. Oregon will attempt next month to raise their top income tax rate from 10% to 13%. Toss in the new 1% Portland Metro. Telecomuting from Vancouver instead of driving to the downtown Portland office will result in at least a 9% wage increase. If you were a hedge fund manager - rather work from Florida in the winter or riot threatened NYC and save 12% in income taxes? The phucking leftards aren't real good at numbers and sh*t.
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They crafty Oregon legislatures in 2019 decided to tax people if their income came from Oregon, regardless if the were physically in Oregon or not. So that 9% can’t be avoided. AllegedlyWestlinnDuck said:With the forced advent of working from home and the subsequent lessons learned, there is going to be a huge inventory of unused commercial real estate space. States with no or low income tax rates are going to make out like banshees. Oregon will attempt next month to raise their top income tax rate from 10% to 13%. Toss in the new 1% Portland Metro. Telecomuting from Vancouver instead of driving to the downtown Portland office will result in at least a 9% wage increase. If you were a hedge fund manager - rather work from Florida in the winter or riot threatened NYC and save 12% in income taxes? The phucking leftards aren't real good at numbers and sh*t.
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I'm going to give you guys a hot tip. Over the next ten years there is money to be made in converting office space to condos and shopping centers to mixed use work, live, shop green living centers
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Yup. That's the only use for downtown office space is condos. Spoke with a pretty large professional firm a week or so and they are downsizing to less than 1/3 of their previous footprint - a couple conference rooms, a couple shared office spaces and that's it. Used to be all the partners and most staff had their own offices. Gone. Just gone, no warning.RaceBannon said:I'm going to give you guys a hot tip. Over the next ten years there is money to be made in converting office space to condos and shopping centers to mixed use work, live, shop green living centers
Assuming the fucking rioters, looters and homeless are dispersed properly.
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That's the result of the Supreme Court Wayfair decision. That only allows the state to tax commercial sales into the state. Oregon can't tax a person working in Washington. Only Washington can do that.MikeDamone said:
They crafty Oregon legislatures in 2019 decided to tax people if their income came from Oregon, regardless if the were physically in Oregon or not. So that 9% can’t be avoided. AllegedlyWestlinnDuck said:With the forced advent of working from home and the subsequent lessons learned, there is going to be a huge inventory of unused commercial real estate space. States with no or low income tax rates are going to make out like banshees. Oregon will attempt next month to raise their top income tax rate from 10% to 13%. Toss in the new 1% Portland Metro. Telecomuting from Vancouver instead of driving to the downtown Portland office will result in at least a 9% wage increase. If you were a hedge fund manager - rather work from Florida in the winter or riot threatened NYC and save 12% in income taxes? The phucking leftards aren't real good at numbers and sh*t.
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I would pay more for American made. Hell you can barely find American made items on the shelf these days. Except for guns. We make the bestest and the mostest. That way we are free!WilburHooksHands said:I guess I keep coming back to the question of are the taxes and labor costs prohibitive enough to truly cripple these businesses if the flip side is more Americans have decent jobs and wages? Is there truly no wiggle room or middle ground? I know business is about the bottom line but it seems like the bottom line is hurting the interior of the country. Bot mentioned the Hub effect, which is also contributing to that.
