Re: How far I've come...
By: Rob Mccart to DUMAS WALKER on Sat Jan 28 2023 12:48 am
> Commenting on all the messages referring to China, not just this one, China
> have a different attitude than we do about business. A company will run at a
> loss for 10 or 20 years until they put all the competition out of business
> and then they raise their prices to make a profit. Western countries do not
> plan that far in advance. They want immediate profits.
A lot of american manufacturing companies live hand to mouth. Some even take out
monthly loans and pay it back to handle overhead and payroll. That's not being
successful. I was in a company that was stuck in the same old cycles for
almost 100 years. They didn't give a shit about a year from now. They wanted to
make as much money as they could THIS QUARTER. Then when shit went sideways
they scrambled.
> Wages are not that low in China. Just checking the most recent figures say
> the average worker there makes just over $54,000 (US) a year, not exactly
> slave labour.
there's a lot of racism and propaganda that gives us the wrong view of china.
> Ironically, they will also mechanize a plant to make more products using
> fewer workers to increase the potential profits where Unions here would never
> stand for that.
unions in the usa are not what they used to be. There are a lot of right to
work states and that just doesn't work with a union structure. people dont have
to join the union but they have to be protected by it. in this structure people
are held back due to the other union nuances, especially in pay. You can be
stuck in a job for 5 years before you make 2 dollars more.
> It's hard to compete with that sort of mentality.
They adopted a winning mentality. And it was behind the backs of regular people.
china took over many industries and we were oblivious to it.
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