USA goods could compete with marginally under-priced products of low-wage nations

Discussion in 'Economics & Trade' started by Supposn1, Jun 4, 2016.

  1. Deckel

    Deckel Well-Known Member Past Donor

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    You can when per unit labor costs are increasingly insignificant
     
  2. juanvaldez

    juanvaldez Banned

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    School me. I can't think of a single product where the cost of labor to produce and get it to market is insignificant.
     
  3. Deckel

    Deckel Well-Known Member Past Donor

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  4. juanvaldez

    juanvaldez Banned

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    Sure it does. Using foreign flagged ships with cheap labor lowers transportation costs, as well.
     
  5. Ted

    Ted Banned

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    obviously with technology lots of stuff requires less and less labor. If labor were really significant everything would be made in China and Vietnam. Do you understand?
     
  6. juanvaldez

    juanvaldez Banned

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    Guess where your clothes are made!
     
  7. Ted

    Ted Banned

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    dear, subject is not where my clothes are made but whether increased technology reduces labor costs for many products. Do you understand now?
     
  8. DoctorWho

    DoctorWho Well-Known Member

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    Where your clothing is made, and the prevailing wage / labor costs determine the end cost of a product, technology is not free, it has a cost before and after that determines how cost effective and labor reducing such technology is, if technology upgrades actually cost more per hour per employee, then you reach the point of diminishing returns.

    If you pay your employees a combined wage & benefits package of 10 units per hour, yet technology costs per work station are 10 units per hour, and your product produces a profit of 20 units per hour, you end up at 00 units per hour profit.

    This is a no profit situation.
     
  9. Ted

    Ted Banned

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    do you have any idea what your point is????
     
  10. Deckel

    Deckel Well-Known Member Past Donor

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    I assume you mean 20 units per hour revenue, not profit.

    Regardless, companies will continue to produce at or slightly below break-even to maintain sales volume/market share or as part of their long-term differentiation strategy.
     
  11. Ted

    Ted Banned

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    some companies will produce at a loss to drive competition into bankruptcy, and???????????????? Can you tell us what your point is
     
  12. Deckel

    Deckel Well-Known Member Past Donor

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    Business decisions are increasingly about stock prices. To some investors, dividends are not that important, and therefor, yielding big profits are not important.
     
  13. Ted

    Ted Banned

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    no idea what your subject is or what your point is or to whom you were responding . Do you????
     
  14. Deckel

    Deckel Well-Known Member Past Donor

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    I was responding to your misconception, and that you do not see that explains your ignorance on the subject.
     
  15. Ted

    Ted Banned

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    why not tell us what the misconception was???? How will a liberal learn if he is afraid to try?
     
  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    disagree, we have to fight for American jobs... letting greedy corps sell out the American way of life is not the answer

    times change, we are now being hurt by free trade with 3rd world countries as we are also foreign outsourcing our jobs and have corps like walmart rather then mom and pop shops

    .
     
  17. Ted

    Ted Banned

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    now thats really stupid!!! corporations have no choice. When liberals drive them to china they have to go or face bankruptcy

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    and Walmart is being driven out of business by Amazon. do you want to go back to mom and pops and pay 4 times as much for everything????
     
  18. FreshAir

    FreshAir Well-Known Member Past Donor

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    yes, while cheap foreign goods are good at first, they will be the end of us too if we do not address this problem

    we can not be a consumer nation without enough jobs.. that is just reality

    I am not sure it can be addressed at this point though, as the political divide wont allow it and it will hurt at first, and many Americans would rather go under then work to make sure America is great for our children's children too, were living in the me me me generation, Trump is proof of that....

    .
     
  19. Ted

    Ted Banned

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    actually Americans getting rich off of low prices from abroad is hardly a problem. A stupid liberal will want Americans to pay more and thus be poorer.

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    sort of stupid given that we are a consumer nation and have 95% employment. Do you understand???

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    totally insane and 100% brain dead since it is Trump not Hilary who wants tariffs to bring jobs home. Can you grasp this point at all????
     
  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    some stupid republicans think the rich getting richer means they will trickle down on the rest of us

    Trump wants to end free trade too doesn't he, i thought he was gonna bring the jobs home again? so who you voting for?

    .
     
  21. Ted

    Ted Banned

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    did you think wealth trickled down from the poor????? Do you think Gates and Jobs will stop trickling down their fantastic new products to the rest of us thus making us richer and richer???? Isn't thinking fun?
     
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    do you think the rich will tinkle more if you give them a bigger tax cut... if that were true, the Bush tax cuts for the Rich should of made us all better off

    as for gates, do you think he will tinkle more if he has 51 billion vs 50 billion?

    give that same 1 billion to the working class and it will touch many more hands

    .
     
  23. Ted

    Ted Banned

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    1) Bush tax cuts were for everybody and only tiny element leading up to housing crisis from which no conclusions about tax cuts can be drawn which is why you have no evidence just mindless assertions. 1+1=2
     
  24. Ted

    Ted Banned

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    again 1000% perfectly illiterate. All his money is in a foundation so 100% is used to help poor people. Amazing!!! 1+1=2
    there is no better example of trickling down in all of human history!!
     
  25. Ted

    Ted Banned

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    you mean steal it at the point of a liberal gun and then give it to people because you are naturally violent and have no idea on earth that Gates is already giving it away in very productive ways that blind stupid liberal govt would never dream of.
     

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