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What Will It Take to Revive US Manufacturing?

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Laurie Sullivan
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Re: Made in America
Laurie Sullivan   3/18/2012 12:18:27 PM
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Thank you for your insight, Poh. Aside from education, it's the way of thinking, the mindset, that the U.S. needs to change. 

Poh
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Re: Made in America
Poh   3/11/2012 10:10:02 AM
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China, India have many young high school and technical high school graduate. A factory worker's basic salary is around USD200.The salary of worker from the inner China is much even lower.Some worker's yearly salary is around USD4000. In China, many college graduates work in the factory. This is a trained skilled workers. But they are treated a cheap and low-end worker.

If these people are properly trained, they can do almost everything what the US worker is capable of. Today, Chinese can produce anyhting from low end low cost consumer goods to high tech products.

Anyway, it will be a matter of time that Indian capability in par with Chinese. I believe India will be a lot more aggressive than the Chinese.

US today can say Chinese have stolen jobs from US. However, India is next that will take the all US jobs (manufacturing, banking, service, R & D) in near future.

US needs to create entire new product line, new service, more than just computer, mobile phone, iphone, iPad, TV, etc.

US is highly innovative country. I remembered watching the show "Back to the future III". I recalled the professor 'feed' the train with garbage to power up the train. Since then, I am still waiting to see this to happen.

The road to real need and create a better world can be very tough. But, US should have the capabilty to lead the world to better peaceful future.

Laurie Sullivan
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Re: steps to revive US manufacturing
Laurie Sullivan   3/7/2012 12:50:29 PM
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Anna, It is the time to ecourage innovation, but I don't think companies want to invest. I spoke with an exec yesterday who explained how his company is caught in a catch-22. Investing to bring manufacturing back to the U.S. would cost thousands for companies, most will require millions, and they would just rather spend the money elsewhere. I remember seeing a resport on one of the Sunday morning shows that walked through how GM will reopen some plants in 2013. (Why wait that long?) I found it interesting that some auto workers have come back to the plants as non-union, making much less than others they stand beside in the factories. They want jobs and they want to see manufacturing thrive again in the U.S.

Anna young
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Re: steps to revive US manufacturing
Anna young   3/6/2012 9:26:08 AM
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Laurie, you have highlighted various factors in favour of returning manufacturing back to the US. However,this statement that ; "Many of the equipment and factories that once handled local production have been sitting idle for years" is intriguing. I agree and concerned. I'm know it will cost much to resurrect them. I'm wondering, Is this not the time to encourage home production? High tech industry have piles of cash (Apple for example) sitting idle in the their bank accounts. I think the government can initiate moves to support and encourage the revival of these manufacturing plants. With financial backing or some sort of  tax initiatives from the government, it can be done. This might even encourage consumers buying home made goods again. The long term results will certainly be beneficial to all. 

TIOLUWA
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TIOLUWA   3/6/2012 8:04:55 AM
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This analysis really brings together all the factors at play here, and really, it's not going to be an easy thing for the US.

I think it's going to take a lot more than companies trying to revive manufacturing, it is going to invovle the government trying to rebuild a critical sector of the economy, companies coming up with inovative ways to reduce production costs, consumers seeing a reason to buy the products for the value they provide (i believe iPhones are not the cheaptest smart phones on the market, but they rule the market all the same) even if the price is a little higher than what they can get else where.

Reviving US Manufacturing is more than growing a business and making money, it is a task for the government, the companies and the people. 

Alot of long term investments will be involved.

elctrnx_lyf
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Re: H.R. 3596
elctrnx_lyf   3/6/2012 5:02:16 AM
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Definitely it is difficult to bring the manufacturing jobs back to US without changng the attitude of engineering passing out of cnadidates. At the same time consumers should be ready to buy quality product with the little premium also. 

Laurie Sullivan
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Re: H.R. 3596
Laurie Sullivan   3/5/2012 8:38:36 PM
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Vets2Work, this is probably the most interesting piece I've researched in a long time, because there are so many views on the topic. It seems simple, but it's really incredibly complicated. The views of people regarding this topic make it complicated; and the time it would take to turnaround a culture to support U.S. manufacturing, much too long. One person I spoke with suggested something similar to your view, but at the end of our conversation he admitted it probably would not work because vets don't give politicians enough support during an election year. I have friends in Detroit that are packing up and moving to other countries, such as Ecuador, where they think they can live better lives than in the United States because they are retired and can no longer afford to live here. After working their whole life as school teachers to make the U.S. a better place for future generations, it seems a little off that we should see this happen. 

 

Bolaji Ojo
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Re: H.R. 3596
Bolaji Ojo   3/5/2012 6:03:30 PM
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When a nation takes steps to defend its survival or territorial integrity it is considered good and necessary. Sometimes, though, national survival goes beyond protecting a territory. It should also include ensuring the economic surivival of the nation and its citizens. If we begin to look at employment like this, we might begin to introduce and enforce policies that ensures citizens can make a decent living. Capitalism is not necessarily laissez faire.

There's a lot a government can do to motivate executives to keep some jobs local by finding people who may be willing to do the same jobs done overseas at home for a competitive salary package.

Nemos
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A long time ago .....
Nemos   3/5/2012 4:21:03 PM
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"The US isn't the only one suffering from this disease where consumers want low-cost items no matter where they are made,"

Yes, this disease occurred the time when the consuming equipment was sold in a Hight Level price, and the people wanted two or more monthly wages to be spent for buying a video. Of course, that time has passed, but it left this way of reaction to want low cost items and only through correct information about the consequence of buying low cost items will turn this situation backwards.

Vets2Work
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H.R. 3596
Vets2Work   3/5/2012 1:07:32 PM
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Honestly we all should look at expanding H.R. 3596 - United States Call Center Worker and Consumer Protection to include returning USA veterans.

This proposed legislation is intended to bring jobs back to America however both India and the Philippines generally believe this bill won't pass and in fact they are stating their economy will grow by another 15 Billion USD this year in outsourced work from the USA. I say we couple these proposed bills and keep the 15 billion in the USA with the majority focused towards our veterans. I would propose that any company in the USA that brings their outsourced positions back to the USA not only keep their tax credits but gain twice as much for bringing these positions back and employing US veterans. Let the companies that continue to ship job offshore pay for this with the fines that will be levied upon them.

 

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