> I heard the other day that GE is bringing back all of their appliance > manufacturing to the US from abroad.
GE, we learned just last week, is now basically owned by our government - I would suppose that is why they are making such an illogical move. ( Further, I expect the political class to continue to make movements towards protectionism as our economy continues to unfold - which will trigger trade wars, where we lose even more manufacturing. ) Yes, China quality is not consistent - just as Japanese quality wasn't in the early '60s. Korean quality is fine, as is Taiwan and other places. If there are places where people can work hard and keep the wealth they create, they will find a way to make quality products. My main point, as someone that sells control equipment, is "Don't create a product in search of a market". (that also happens to be one reason why socialism always fails in the long run ). To use EMC to create wealth, one bumps into the economic mess we are in. To succeed, you have to accept the current business reality, and it doesn’t' go away just because you quit looking at it. A lot of the people are feeling the pinch. Transferring wealth by spending huge amounts of stimulus money won't fix the problem - it only buys votes and creates a new bubble, that when it bursts, will make the last crash look like a walk in the park. Transferring the debt of companies "too big to fail" to the government, only means we will learn that the US is not to big to fail. ( This is not a political thing - the bailing out happened with the support of both parties ). Control equipment sales in the USA are dead - no sane person would risk their OWN money putting in a factory with the anti small business policies in place. In the mean time, the capital really has moved to Asia - this is not a political point of view. ( I blame both parties for letting it happen). The guys with the cash get to call the shots. More than half of my sales are now overseas. This is the new business reality - ignore it at your own risk. In 1900 the UK was the greatest center of capital in the world. People that moved to the US with the capital did well. The UK ended up bankrupt - bailed out by the IMF in the '70s. Sadly, I don't think the political progression is stoppable. The center of capital has once again shifted and if I was young and wanted to do machine manufacturing, I would be looking for a way to someplace in Asia (I would go for someplace outside of China). -------------------------------------------------------------------------------- Karl Schmidt EMail k...@xtronics.com Transtronics, Inc. WEB http://xtronics.com 3209 West 9th Street Ph (785) 841-3089 Lawrence, KS 66049 FAX (785) 841-0434 If you tell the truth you don't have to remember anything. -- Mark Twain -------------------------------------------------------------------------------- ------------------------------------------------------------------------------ Oracle to DB2 Conversion Guide: Learn learn about native support for PL/SQL, new data types, scalar functions, improved concurrency, built-in packages, OCI, SQL*Plus, data movement tools, best practices and more. http://p.sf.net/sfu/oracle-sfdev2dev _______________________________________________ Emc-users mailing list Emc-users@lists.sourceforge.net https://lists.sourceforge.net/lists/listinfo/emc-users
