User Panel
Posted: 11/22/2003 10:52:15 AM EDT
OK, now nobody wants to pay higher prices. But lets look at what happened and where we are going.
For the last 20-30 years discount stores (Kmart, etc.) have been eliminating the competition. Basically no one is gonna buy a hammer from Daves Hardware for $8.50 when they can get one from Kmart for $5.75. So goodbye Daves Hardware and now Dave probably works at Kmart. And where did that Kmart Hammer come from? Probably Taiwan, ROC or some similar country. Basically these items are made by cheap labor (sometimes free labor in cases like China). So no US made hammer could ever effectively compete on the market. Unions came in to protect the jobs of US hammer makers but they can only do so much and they have their own inherent problems. How's that US Steel stock doing these days? The result is nobody is really buying US products. And in fairness why should they? 20-30 years ago it was a better product but crap was cheaper so we bought crap. As a result US companies either went out of business or scaled back in terms of quality and began to produce similar crap. They also scaled back your jobs and wages. Rather than maintain a workforce of competent, skilled workers they now employ a skeleton crew of Jerry Springer candidates who they lay off or fire before they are eligible to any real benefits or retirement. They can now make a crappy hammer for $6.50. This is if they don't just import a crappy one to begin with and not make anything at all. For the most part "Made in the USA" no longer means jack shit in terms of quality and in most cases is a lie. Most things "Made in the USA" are 'assembled' in Mexico, thank you NAFTA. Wanna guess where the 'quality control' happens? Enter the internet. We already had a global market driving down US quality and wages. It was already leveling prices across the board. BUT the discount chains were still winning. You see that shitty $6.50 Hammer really only costs them $2.25. In fact they probably spent as much bringing that crap from the 4 corners of the world as they spent on the item itself. But the internet will eventually kill them too in a sort of poetic justice. As soon as the third world realizes they can 'direct market' their products on the internet crappy ahmmers are only gonna cost $2.50 + s/h. In reality they will probably price gouge us for $3.50 + s/h and nobody is gonna wanna pay Wal Mart ripoff prices of $6.50. The end result of manufacturing going to these third worlds is they now have the facilities. When they discover they only need a website, and NOT a US importer, they will cut us out of the loop. But we will still be buying those $3.50 hammers. Then they, not Wal Mart will realize the profits and they will become the new economic superpowers. Any country with a exploitable work force and the ability to market online will eventually dominate the market. As the US does not 'yet' have a exploitable work force, nor do we have factories populated by political prisioners, we will not be able to compete. No American is gonna work for rice and a cot so that Sears can produce a $3.50 hammer. So despite "Buy American" we will continue to pump revenue into other countries becaue we need cheap hammers. And why not, lately our expensive hammers suck. |
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That's why I am actually somewhat glad about the weakness in the dollar.
IMO, this is one of the main (and sometimes overlooked) reasons for our growing trade deficit, at least in certain sectors. The dollar, up until recently was so highly valued that it was hard for american companies to compete price wise. If the dollar goes down, americans can't buy as much for their dollar from other countries, so american companies can compete easier. There is also the aspect of cheap labor, but that is more of a factor in the less skilled sectors, like clothing and stuff. In the higher skilled sectors I think the exchange rate is as important if not more important than cheap labor.. |
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How do you think American labor unions and the extreme environmental restrictions play into this issue?
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Sorry I tripped over the threshold when I came in SA. I thought you might be selling $79 RRA receivers! I'll leave now... |
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Guys that say "I don't shop at such and such" Dont get it! It is not who you buy from, It is who can get the product into your hands for the least amount of $$$$. Until the United States can cut the cost of "Fuel" (electricity, Energy,manpower,ect.) whatever you want to call it, We will not be able to keep up with the Turd world guys that can. What this place is going to need is a huge re-work from the top down. We need to start getting guys back into the factory, so they can feed the family, and put some dollars back into the system. But with "Fuel" at such a high cost, It is not worth it for anyone to open a factory.(Thank you Unions, Electrical Co., and dirty Govt) Besides Styer nailed it on the head.....Made in the U.S.A. is starting to mean..."This product is a P.O.S. also", they dont back up the quality (or lack of) and just like every other LAZY American...They could give a shit about me after I pay for the thing. |
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Labor Unions were created to prevent the US from having a exploitable work force which is a good thing. The problem is Unions can't make their workers or the companies that employ them competetive. In the end all they did was drive up the cost of production by securing certain gurantees. The Unions will also suffer as their workforce dwindles. Environmental restrictions also began with mostly good intentions. I don't wanna live downstream from a unrestricted chemical plant and neither do you. But they too went too far as a result of being forced to 'find things to do' to secure their own positions, much like politicians. Once you solve the major problems people began to wonder why you are still being paid. As a result of the enormous restrictions that now exist hardly any company can afford to produce anything in the US even if they wanted to and California is a perfect example. All this only compounded the situation. |
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Why would I want to buy an $8.00 hammer when I can buy a $5.00 one? Why would I want to buy anything for more money if I could get it for less? Steyr, your logic (noble as it may sound), is weak.
1. There will always be a Dave's Hardware, and there will always be a Wal-Mart. That's the luxury of Capitalism. 2. Someone might just come along and bump Wal-Mart from the top. That's the luxury of Capitalism. 3. In a Capitalist system businesses have the (I use the word again), luxury of pricing items as they see fit. 4. Higher prices does NOT neccessarily mean better quality. (look at the auto industry during the 60's and 70's). 5. If lower prices means lower wages, then ecerything else will follow suit. Housing prices will come down. Auto prices will come down, etc. 6. But with our great economic system none of the things mentioned in #5 has decreased in price! I shop at Wal-Mart for auto items and some minor electronic junk. I NEVER buy my clothes from them. Which takes me to #7 7. Wal-Mart typically is an outlet for the less affluent and those seeking cheaper prices. But, a lot of people still use other retailers for their everyday items. Basically what I'm saying is Capitalism is alive ansd well. And I for one love this economic system. Why? Because I have the choice of where and how much I choose to pay for anything I want. |
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Seeing how labor unions represent less than 13% of the work force, very little. |
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No - WalMart can undercut Dave's prices because of economies of scale and scope, and drive Dave out of business. It's your understanding of economics that's weak, not Steyr's logic.
Yes, but NOT Dave's hardware, but some company with even better cost structures - that can then pay even LOWER wages than WalMart once they have crushed them. Take a samll town that used to have a Dave's Hardware store. KMart came in, and drove Dave out of business with lower prices - now Dave is a cashier at KMArt earning a low wage, and Dave's wife now also has to work as a stocker at Kmart. Once WalMart comes into town and kills off KMart, and becomes the only game in town, it is NOT going to help Dave and his wife, and is certainly not going to make them start up Dave's Harware store again. Sure, someone might knock off WalMart, but it woudl just be a bigger and more efficient version of WalMart
No. businesses price product based on the intersection of the supply and demand curves for that product. you are correct that they choose whether or not they want to go out of business, but pricing is based on what the market can bear.
Explain please? Cars were cheap, and they were crap. Looks like a correlation to me.
You're somewhat correct in that, since lower wages will reduce demand, and may reduce the cost of manufacturing cars (for example) but it really is much more complicated than that
Uhm - there are plenty of example of housing bubble that have burst, and housing values and prices have dropped. Stay tuned - several local markets in the U.S. are ripe for this very thing in the near future. If you look at REAL wages (corrected for inflation), many middle-class and working-class occupations have seen wages drop over the last decade. Look at car prices this year. There are so many incentives being offered by manufacturers to try to maintain sales, that the real price of a new car has dropped lower than two years ago.
You are correct that specialty stores will absoutely survive that pander to the more wealthy part of society. ultimately, many of them will see the benefits of economies and scale and you will see mergers among retailers like Pottery Barn and Williams and Sonoma, but because branding is much more popular, then will maintain the fiction of being separate entities. This is quite common.
That's exactly Steyr's point. The increased information and choice available to the avergae consumer drives down price - and the indirect effect of that is a long-term lowering of wages. |
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You make valid counter points. However, my wages have never gone down. Only up! If we truly want to find the culprit of the economic downturn, look no further than the feminist movement. What use to buy a home and a car now requires two wages! |
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Because the old US made $8.00 hammer was much better in quality and better for the country. "Why would I buy a Chevy when I could buy a Yugo?" You have NO logic.
What I am saying is Capitalism has a gun pointed to it's head and guys like you are pulling the trigger. Global capitalism will indeed survive. 3rd World Nations will eventually dominate the market. The ONLY thing that could possibly save us is to once again start producing the BEST goods in the world like Japan does with electronics and Germany does with cars. Then at least we will have a place in the new global market. Right now we are just making the same shit the third world does but expecting to be paid more for our goods. |
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Give it time. And as they have gone up I doubt they have been keeping up with the cost of living. As even YOU pointed out, you don't make what a single man made in the 50s.
Feminism did impact our economy but in a different way. Pay attention. We used to have X number of people in the workforce competing for Y number of jobs. With feminists entering the workforce X increased dramatically (lets assume almost double) while Y stayed about the same (increasing only to meet the extra number of workes available.) Now rather than double household incomes, employers simply paid people less. This means a man and woman living together, both working, make only slightly more than a single worker from the 50s. To use your understanding of capitalism, employes could now hire 2 for the price of 1 and they did. As a result of this becoming the norm, the cost of living increased to eat up the slight increase in total household incomes. And the bottom line is it now takes two people working full time to achieve what one person could provide 50 years ago. Feminism is NOT the boogyman that will destroy our economy though. Feminism simply meant it would now take two of us to do what used to require one. We could ahve simply gone on that way forever. What is going to doom us is the global economy because we cannot compete with third world labor unless we are also willing to work for rice. Once they direct market the world via the internet we are all done. I hope you like rice. Now I explained this in detail the first time. You didn't grasp it then, I'm not sure you will now. And if you can't even understand the real problems you certainly won't be solving them. |
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Steyr - if you really need a hammer, you can borrow one of mine. |
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I don't understand why people are so down on the "Marts". If I were to start from scratch again, I'd find the spot where Walmart and Kmart were both together, then I'd build a store in the alley that separates them. I'd bring coffee and donuts over to whoever is working the gun counter every morning too, let them know I'm there. Because when they don't have what the customer wants, they're going to send that customer to me. And I'm going to have it.
I can't speak for the hardware stores out there, but I know in this industry (hunting/shooting) there are things the Marts can't/won't do. - Transfer/trade used guns - Have an intelligent person who isn't fresh out of high school running the counter - Stock the items that you actually have to have for people in this industry No, I won't get any of the cheap dove load business and I might never get to sell a .22 Marlin for $5.00 over cost. But when someone wants wooden grips for their Ruger Security Six, I'll have that in stock. If they want a choice of stainless 9mm's, I'm going to have something to show them. And I'll make good $$ on those things. Either that or I'll go next door and buy up their entire stock of dove loads (because they won't reorder) then I'll be the only one in town who has them. I just as well purchase from Walmart because no distributor can get them to me cheaper without having to spend a hundred thousand on a truckload. No doubt business practices are changing, you can either embrace them and adapt, or work behind the counter at Walmart with Dave. People love their money. I guarantee if they can find it cheaper at Walmart, the majority will go there. But Walmart is not all things to all people. That's where the rest of us come in. ~~~ Umm, what's the subject again? I think I got off track. |
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Oh, right. We were discussing hammers. Hammers & Duct Tape. If it's loose, use duct tape. If it's tight, use a hammer. What a world... |
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Nice! Rather than having a mature, intelligent conversation, you take the low road and start with the name calling. That's the first sign that the person trying to push his idea, is of a lower class. BTW - When following a vowel with a vowel, proper sentence structure requires a consonant. Example: An idiot. Not a idiot. |
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That is the current change. The next change will be direct marketing by the sources who supply the 'marts' which will kill them as effectively as they killed Daves Hardware. So as Dave got a job behind the counter are you and him gonna later gonna go get work at the sweatshop making shit for Kathie Lee? A little ecominics 101. To lower prices, you have to lower the cost of production, which includes wages. No nobody really gave a damn when that just meant kids in Taiwan working for rice. But when they begin to compete with us directly we are gonna have to also work for rice to match their price. And I know you have seen how people will bust your balls over a nickle. |
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Great post Steyr!
Some of these people won't understand until it's too late. Just wait until you have to shop at Korea-Mart or China-Mart, companies that own the manufacturing, shipping, distribution, AND retail arm of their business. There may be some competition from Mexi-Mart, but mom and pop will be out of the picture. |
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Yeah I know. And I editted it before you quoted it. I get frustrated when people don't get it. And even if I 'thought' you were a idiot it doesn't help you get it to call you one. All it does is let you focus on the insult and not what I'm trying to tell you. It also makes you resistant to the information as a result. And if it makes you feel better to question my grammer or speculate on my 'class' you go right ahead. You are wrong about so many things you may as well be off on those things as well. |
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It's Dave and Dave's fault only if the best he can do is get a job at Wal-Mart. If Dave wants better wages, Dave can go to school at night and get a degree. Don't blame Wal-Mart for Dave's lack of skills.
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Evolve or die is not only a law of nature but a law of economics too.
Mongomery Wards is no longer but J.C. Pennys and Sears continue on (selling goods made in China). I use to fix CB radios, then televisions, then VCR's, then television studios ... now television satellite broadcast centers. I started out analog and now run digital. Evolution is a bitch and the day where you could master one skill and ride it for the rest of your days is coming to an end (save for brick layers, lawyers, whores, doctors and other labor guilds). |
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LOL... You bet. Look at me, I give away XM193 for $2.99/box. The good news is the fact the manufacturers are catching on to this trend and they do one of two things: - Disallow the sale of their products to the "Marts" - Enforce pricing controls. If I advertise a Leupold below what I'm suppose to, I get my name on a list and no distributors will ship to me. These are good things. Imagine, a manufacturer insisting you make a profit. |
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I love "hammer mechanics"! Edited to be edited |
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The "Sky is falling, the sky is falling" has been around for a long time. Take a look around and see some of the wages people make. Plumbers typically make $20 or better an hour. (by the way, they too shop at Wal-Mart). Electricians make a great wage. (ditto the Wal-Mart thing for them too).
Wal-Mart simply makes it easier and less expensive for people to buy their everyday, and not so everyday needs - batteries, auto accessories, food, household items, toiletries, etc. Wal-Mart has never caused me to lose my job. Also, when one opens up in your town think of the money it generates in sales tax for that particular city! And, that city's money stays in that city, rather than the citizens having to travel to another town to spend their money there. |
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Are you then suggesting that the 3rd world will be able to sustain the system that gives them an advantage? I believe that the forces that prevent us form competing will act upon the 3rd world and right the ship so to speak. If I am not mistaken the european union has been considering more and more poor countries for just this reason. The countries that were poor, and could produce cheap labor and services became richer, and therefore more expensive to deal with. In a true market economy, be it national or world wide, would it not regulate itself to eliminate advantage? |
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The question is, has it gone up at the rate of inflation or higher? Are you making the same, more or less relatively to what you made before? I work in the trucking industry. Freight rates have not gone up in the last 25 years. Costs of equipment, fuel and insurance have. So, drivers pay has remained stationary. One of my neighbors raised a family, owns several cars, a boat, 2 houses all on his drivers pay. I barely make ends meet. Just wait until after January 4th. The Hours of service regulations will change and the consumer and the driver will be the ones suffer. I am looking at a 40% reduction in productivity. Not because my truck will be any slower. Not because I will be too tired to drive 40% sooner. Not because I am physically unable to complete the same run I am making now. But because some pencil pusher thinks he knows me better than I know me. Wal Mart is looking at adding 2000 trucks and many more drivers than that. Several of the larger companies are talking about going 100% team operations (2 drivers per truck). Who will be paying for all of that? The consumer. But, the drivers themselves will see only deficit from it because their individual production will decline. We are paid by how many miles we drive. Every time some pencil pusher comes up with a new restriction on us, they are taking food off our families table. States with split speed limits or lane restrictions (MI and GA for example) that force us to keep dodging idiots that want to race for the exit and then slam on the brakes cost us production and therefor money. Also, courtesy of the Dems and NAFTA, the mexicans will be driving their junk equipment (they are currently bulk buying trucks in the US that are too worn out for any one else to want) to set up their fleets. So, you will see at least 50% more trucks on the highway and many of those will be unsafe. Have fun. I think I will move to Japan. |
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One of the things many are missing here is the manufacturing aspect of globalization. In the past, an employee was an asset to a company, now that Dave has gone to night classes and received his degree in bean counting, he sees the employee as a liability.
Dave wants to lower the cost of the product, so off to the Pacific Rim he goes. This puts stateside labor out of a job. Now Joe has less money to spend, so he shops cheaper. The cycle continues. Soon, the only people working are the tradespersons, retail, and a few miscellaneous others. The retail sector is dominated by World-Mart, and what mom and pop places that exist, sell the same stuff World-Mart sells with maybe a little value added extra. No matter how you want to look at it, we don't stand much of a chance. |
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Really? And Capitalism has prospered for how long in America? |
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Higher wages mean higher prices. If you pay a union burger flipper $20/hr how many burgers do you have to sell to make a profit when McDonalds is paying $7/hr to flippers? with the all the other production costs being equal?
Especially when the customers aren't coming in because they don't want to pay 3-8 times as much for a burger? Explain why you think people are going to want to pay higher prices? They want value for their $$ Baja Fresh (chain) has Soft Tacos @ $3.50, Taco Bell at $1.50, El Camino Real @ $2.50. Baja Fresh and El Camino are almost identical (probably a toss-up as far as taste and quality), Taco Bell is out of running, tortillas are the same, the meat is not fresh, it's reconstituted ground beef, poor seasonings, etc. Who should I give my money to? Same thing with cars, food, clothing. Now BF is in my City, and ECR is about the same distance but in the next city. Well the location, other items factor in to my decision in addition to cost. Now assume that one of the cities mandates a "living" wage which drives the ECR or BF price to $5.00 for a soft taco. Do I go to the expensive one or the chep one? Who goes out of business? They may pay living wages but if you lose your customers and business it doesn't matter does it? |
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Dammit! I'll have you know my hammer actually WAS made in the USA. Damn fine hammer it is, too. Wasn't cheap, either. Dadgumed internet experts ragging on my hammer. Haven't even SEEN my hammer!
Or were hammers not the point? Good article though Steyr. I guess my question would be what are we supposed to DO about the situation? There isn't a hell of a lot made in the US anymore and, as you said, that which is is no longer all that superior in quality. I have some t-shirts made in the US, but they don't seem all that much better than its counterpart made in outer Sloobavistan. More importantly, try convincing the sheep that they should spend more for any product for which a less expensive alternative exists. Hell, I'm guilty of it too. My hammer was made in the US. So was my drill press. Actually, it was "assembled in the US from foreign parts", so I dunno what that counts as. The bits I use in it, however, are foreign made. Why? They were cheap, available (Couldn't locate a set that was anything other than fractional around wehre I live and I needed a letter and number set)and *high enough* quality to do what I need them to. It's a subject I think about a great deal, but I rarely come up with any answers. Cpt. Redleg |
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Raynor, I don't mean to imply that capitalism will fail, but the face of it will change a lot. Where does the profit go? I am in the repair business, when was the last time you took a toaster in for repair? Once the product cost drops below its value, the product becomes a throw away. Shop around, and you can probably pick up a toaster for $10.00. Yup some Americans make their wages at Mega-Mart. Truckers transported the item, but where did the profit really go? Who made the "big" money? China could be called capitalistic by the making of a profit on the sale, but what did it do for our econony?
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Good post Steyr.
Watching Dobbs the other night,he said 13% of all ChiCom goods sent to this country go threw Walmart. They employ about 1 million workers that average $8-10 and hour. They already sell more cloths,groceries and toys than any other outfit in this country. Thing about Walmart's prices is that they aren't cheap just because of a better business plan. They're employees make so little and the health coverage they offer is so expensive that they activly encourage their employees to sign up for medicare and/or state run health plans.Which basically amounts to a taxpayer subsidy. As far as a the tax revenue the community recieves from hosting one of these places.There's a city up here that's debating rezoning to let Walmart in......They promised the kingly sum of $500,000 a year in sales tax. They looked at a couplea other similar sized cities in the state that recently opened Walmart and both these cities have ended up spending millions on traffic improvements after the fact,because WM drastically underestimated the volume of traffic in their pre-operation studies.....so it's a net loss. They also found that business would mostly come from in town,diverting customers from current businesses,including a dead mall that they have just begun to revitalize after years stagnation. Fact is in your scenario most will be working poor and be shopping at Walmart because that's the only place they'll ever be able to afford to go. |
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Sorry, but that isn't going to happen, it's just not they way big companies do business. "Taiwan hammers inc" isn't going to want to HOPE to sell 32 million hammers INDIVIDUALLY, when they are guaranteed to sell the same 32 million hammers to Wal Mart for a slightly lower price and get their money all at once. If you think "Taiwan hammers inc" want to cash 32 million $2.50 checks you're crazy. It would be a shipping nightmare for them at best, and they wouldn't sell nearly the volume of "hammers" they could dealing with just one large US company. Secondly, shipping items from overseas is not cheap. Shipping is going to cost the buyer more than the "hammer", and guess where they'll head? Right back to Wal Mart. Only now Wal Mart has struck a deal with a new manufacturer of "hammers" and "Taiwan hammers Inc" just went out of business by trying to cut the throat of their main buyers (Wal Mart). |
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SteyrAUG,
You Sir are correct. I attend global trade shows in the wireless industry (like the SHOT show you guys attend) and as the number of US distributors and manufactures have dropped and the number of overseas manufacturers has increased. I can totally see where this is going… Now I just have to figure out what I'm gonna do about it!!!! |
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You can thank your labor unions for that. I got out of bed and went to the assembly line now where is my $100,000 a year and pension? Same effort as a third world country and no extra effort at providing a superior product. Planerench out. |
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I'm betting the smart money will stay in the Pacific Rim ... probably take a turn towards the west coast of South America in 2 or 3 years. Meanwhile, I'll avoid Norinco hammers as best I can. At least while Plumb is still in business. |
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Brilliant, now the American Dream REQUIRES a degree? What ever happened to a good idea and hard work? What ever happened to "it doesn't matter where you come from or if you are poor?" Dave should have been a brain surgeon and he wouldn't be put out of business by Wal Mart. Genius, now we only need a entire nation full of brain surgeons and we'll be fine. Do you think about this stuff first or just start typing? |
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Remember the miners in days past, they had to spend there paycheck at the company store. Welcome to Wally World !
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Let me try and put this in terms MOST will understand.
Let us assume that guns are in fact a tool. Then let us assume that like hammers, most Americans will buy a gun. Let us also assume that with this greater demand firearm manufacturers will price their product accordingly to appeal to the larger market. OK Bustmaster makes a really nice one BUT you can buy a SAR1 for about a 1/3 of the price. As most consumers are not terrible informed 'most' will buy a SAR1 and probably buy it at Wal Mart. Bushmaster, having lower their prices to the bare minimum for competetive reasons, will simply not get the volume to maintain a profitable business. They now have two choices: 1. Go out of business. 2. Make a similarly cheap product that can compete price wise with a SAR1. This is what happens with a price driven economy, you end up with the lowest common denominator. |
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I am suggesting that IF a source can martket it's product directly it will. This is kinda like when manufacturers decided to "wholesale direct" products and put their distributors out of business. If you can buy direct from the manufacturer "at wholesale" you will. On a larger scale, now that we have made these countries the base of manufacturing, it is only a matter of them making the realization and cutting out the middle man. |
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I don't think there is any going back. I'm not sure our country is capable of becoming what it once was. I don't think the majority of the population has the work ethic to generate the best products in the world, nor will they financially support it if it was actually made. Even if we did make the best hammer in the world, Raynor_Schiene and millions like him will buy the cheaper one at Wal Mart. I think Paul has the reality with adapt or die. I think eventually we will be unwilling to adapt and will lose. Like I said, no American will be willing to work for rice. At least not for some time. But this is because too many are short sighted, do not consider the consequences and won't pay that much for a hammer. They may end up working for rice, but they will point out hammers used to cost $8.00 and NOW you can buy one for $3.50. |
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Well, I for one, am glad I know that our trade negotiators for the last 30 years, have been Good Solid americans, with good old american names, and ties going back generations...
If I didn't know that, I'd be led to the conclusion, that our manufacturing industry has been destroyed on purpose... |
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For the folks screaming "It's capitalism, leave it alone," you're wrong. The problem is that we, a capitalist nation, are competing with non-capitalist societies. There is no way American workers can compete (dollar for dollar) with prison labor in a 3rd world socialist country. You don't see us getting cheap hammers from Germany or the UK or other (mostly) capitalist nations.
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Steyr: Brilliant, now the American Dream REQUIRES a degree? Raynor: No, not at all. But it looks like Dave needs one if he doesn't want to work at WalMart. Steyr: What ever happened to a good idea and hard work? Raynor: Nothing! Entrepreneurs and small business owners make up the vast majority of businesses in America. Steyr: What ever happened to "it doesn't matter where you come from or if you are poor?" Raynor: What does that have to do with Dave going to night school and getting a better education? Steyr: Dave should have been a brain surgeon and he wouldn't be put out of business by Wal Mart. Raynor: No, but he did know the risks of starting his own business. A large majority of small businesses fail for various reasons. Steyr: Do you think about this stuff first or just start typing? Raynor: Of course I think first. You have your opinion of the economy and the market, and so do I. They just differ that's all. Steyr, do you purposely go out and buy the most expensive item you can find? Or do you prefer to get it at less cost? I prefer the costlier when it comes to firearms, clothes, watches, automobiles, bourbon, and tobacco. But for batteries, electronics, cd's, dvd's, etc., I shop around for the less expensive. And Wal-Mart fits that bill. Do you ONLY buy "Made in America"? I do on most of the above mentioned costlier items. But I know it's impossible with 90% of the things I buy at Wal-Mart. Even "Dave's" would carry items made other than in America. I suggest you relax, enjoy whatever it is you do for a living and invest your money for your future. There are great Stocks and Bonds here and abroad that will yield high dividends. BTW.. Wal-Mart doesn't sell SAR-1's. I think they believe they are evil! |
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That's basically how I feel about it. It is not viable for companies to ship small orders overseas. They would have to use airfreight, and that is so friggin' expensive no one would be willing to pay for it. I think a more plausible scenario is foreign companies opening large wholesale outlets in Canada or Mexico and using the common post to mail goods across the border. That is much cheaper. |
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Well I know people WITH college degrees stuck at Wal Mart. It's not a guarantee of anything.
And as you noted they often fail for the reasons I pointed out.
LOL. He's way too busy working at Wal Mart and can't afford night school.
That will teach him for trying. He should have just got a job at Wal Mart like everyone else.
Nah, too easy.
No but I buy the best I can afford. And I don't bother walking across the street to save a nickle.
How about hammers?
China thanks you.
It does not matter what Dave stocked, Wal Mart killed him. My post wasn't even about Dave if you took time to read it. Next guy on the chopping block IS Wal Mart. And with the demise of the discount middle man marts, the US market will die like Daves Hardware.
Geeze, nobody said Wal Mart sells SARs. I used it simply as a example almost ANYONE could understand, you didnt seem to. As for stocks and bonds, no thanks. I watched a bunch of people lose EVERYTHING in the market last year. |
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What about when they sell enough, while at the same time denying to Marts, and they get their own distribution. China Mart isn't a impossiblity. Well they would probably call it something else like "USA Mart." |
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Steyr, you're way too negative for me dude. I have better things to worry about than China making cheap shit that gets tossed after a few months. Good luck on your quest for a perfect and utopian system.
By the way, what exactly do you do for a living? Is it gun related? |
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I thought your primary thesis was based on a direct sales approach? Yes, they could open distributorships in the US, but those distributorships would be no different than any other distributorship. Odds are they would be run by Americans and employ Americans -- like in the same way German beer is sold in the US. If they opened their own marts, it would be no different than say, France opening FranceMart. There would not necessarily be a large, visible French influence. Well, maybe that's a bad example considering how much the French love themselves. |
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