Apple is making a killing at just $600 and Rush has no clue. China charges just $6.53 for manufacturing
Posted on 02/09/2011 11:32:17 PM PST by iowamark
http://www.freerepublic.com/focus/f-news/2671309/posts
I posted Jacoby’s article earlier.
I missed Rush’s program today, I’ll have to listen to it on Rush 24/7. Thanks for the heads up.
He’s talking about total dollar value and not actual number of jobs created. So many people get confused or are misled intentinally...
Bump
instead of a 25% tarrif, we should simply drop the corporate tax
Pure BS. Rush wouldn’t know a manufacturing plant if it was across the street from his house.
bump.
the 25% tarrif is a tax on US consumers. The consumers will see no difference between a 25% GST or VAT tax. Trump is essentially advocating higher taxes without off setting it without tax cut elsewhere
“an iPhone totally put together and made in this country would cost about $1800”
A bunch of bull. iPhone from China comes at around $6.50 cost so maybe it would cost about $50 to make here. Apple is making plenty money on it, so they can easily afford to employ a few Americans here. Someone has to open factories and businesses here too, not just try to sell us crap.
German companies somehow manage to compete and pay very good wages. Their exports are over a trillion a year and unemployment is extremely low.
Okay, I’ll bite Pisser, as an old Ret. manufacturing fella, what is the small gripe, (rant I think the kids call it now), about Rush’s speak here. Things must be different now I guess.
I don’t know about your towns, but mine was centered around manufacturing socks.. What was 400 small to large plants is down to about 7 and they just announced their movement overseas. Our town is basically a ghost town with empty buildings all over. Sorry Rush, but the real world says your wrong on this.
your = you’re
What happens if a competitor build it at $6.50 and sell the similar product at a lower price and Apple which build it in the US build it at $50 sell it at a higher price. Apple will lose very quickly. All that money invested in building a factory in the USA will go to waste. Businesses can’t invest like that. They have to find the cheapest place with the lowest cost and plan long term, to give themselves some room to adapt to any changes in the market
Its called “race to the bottom” and is no way to run a business. Apple could and can build here and still make a profit. They just don’t.
rush is full of it
manufacturing jobs are disappearing
i personally worked at 4 companies that are now making all over in China
Pratt & Whitney engines
all the mom and pop machine shops that made parts are gone
service jobs are what are being creeated
I sent 115 drawings of a compamny’s products and within one year that entire line was being made in China and they laid off 150 people
Rush has NEVER had a manufacturing job, all he is doing is quoting some airhead
Come to new england. we used to make everything
every major industry up here is GONE
Aerospace is now outsourced to China or has left the state
auto parts now made in Mexico, samping done in China, Jet engines made in China and Poland, machined parts for fuel controls made in Mexico
textiles now made in Vietnam instead of Rockville, Ct
the list goes on
RUSH, Come back to Bristol, look at the abandoned factories, ask where they went
then drive around the rest of Connecticut. Count the abandoned factories. Ask where the work went.
Drive around Worcestor, ask where the work went
drive around Springfield, ask where the work went, where are the factories that existed for years and put tens of thousands of people to work?
Total BS. On average, labor costs make up 10% of the total cost of a manufactured good. So a $200.00 cell phone made in China would cast $220.00 if built is the USA.
Rush is not denying that manufacturing jobs are disappearing. What he is saying is that the amount of total manufacturing has stayed the same, because manufacturing with high labor costs (like textiles) is being replaced by low labor cost manufacturing.
Rush ignores the obvious experience of the everyday American walking through a department store and trying to find something made in the USA - or for that matter, trying to buy an appliance or car.
“What he is saying is that the amount of total manufacturing has stayed the same, because manufacturing with high labor costs (like textiles) is being replaced by low labor cost manufacturing.”
____________
A whole lot of boarded up textile mills in the south that have been replaced with nothing.....
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