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Post by jacquelope on Jun 6, 2011 3:37:18 GMT -6
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Post by judes on Jun 6, 2011 12:22:26 GMT -6
Notice the sentence at the end....
"But little mentioned by almost anyone making or trading consumer goods in Asia these days is the possibility of moving these relatively labor-intensive manufacturing industries back to the United States or Europe.
Mr. Rockowitz was dismissive of the idea in his remarks on Tuesday at the Foreign Correspondents’ Club.
“The Western world does not have the work force to do this kind of business,” he said. “For ‘made in Italy,’ the workers are old now and there are no new workers coming in.” "
What a load of shit! We have plenty of workers willing and able to do the work, it's just that they can't do it for (what was the Haitian minimum wage Obama just demanded and received..oh that's right) 31 cents an hour!!
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Post by fredorbob on Jun 6, 2011 12:40:16 GMT -6
Nice story from the Ministry of Truth, except it doesn't mean anything if a country deliberately devalues their currency more than wages increase. I can't wait for the day when we are too poor to even talk about this on the internet.
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Post by jacquelope on Jun 6, 2011 15:34:06 GMT -6
Notice the sentence at the end.... "But little mentioned by almost anyone making or trading consumer goods in Asia these days is the possibility of moving these relatively labor-intensive manufacturing industries back to the United States or Europe.
Mr. Rockowitz was dismissive of the idea in his remarks on Tuesday at the Foreign Correspondents’ Club.
“The Western world does not have the work force to do this kind of business,” he said. “For ‘made in Italy,’ the workers are old now and there are no new workers coming in.” "What a load of shit! We have plenty of workers willing and able to do the work, it's just that they can't do it for (what was the Haitian minimum wage Obama just demanded and received..oh that's right) 31 cents an hour!! I don't see these jobs coming back here until the dollar takes a dump.
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