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Cheap Labor Conservatives Will Destroy The Middle Class
You’ve heard it all before, taxes and regulations are the reasons why American has lost more than 40,000 U.S. manufacturing plants between 2001 and 2009 (including 36 percent of factories employing more than 1,000 workers). Also From 2000 to 2009, 5.5 million or 32 percent of all manufacturing jobs were lost, all because of the oppressive regulations of the EPA and taxes.
Well here is a great story coming right out of China that runs smack in opposition to what the cheap labor conservative in the Republican Party have been telling you.
Fortunique, which operates a factory on the outskirts of Guangzhou, was one of the first wholly foreign-owned factories in China and has been operating there for more than two decades, making plastic orthopedic products, polyethylene surgical gowns, coverings for ultrasonic probes and other health-care products.
But rapid increases in costs, like a 20 percent increase in wages in the last year, are pushing a firm that was an early adapter to China to find a new low-cost manufacturing spot, said Director Charles Hubbs, in an interview at the company’s factory.
During the last five years, wages have doubled, Director Charles Hubbs said, as the rising Chinese yuan has raised some costs that have been hard to pass on to customers.
Hubbs said he looked at moving his manufacturing elsewhere in China, but thinks that wages in other parts of the country will rise quickly and within three years any advantage would disappear.
The Fortunique factory sits near former shoe factories, once a mainstay of the local economy but now themselves victims of rising costs, and a massive train station built as a hub for the country’s new 250-mile-per-hour, high-tech bullet train system.
Fortunique will keep its plastics operations in Guangzhou, but Hubbs said sewing and other assembly will have to move to a less-developed country in Asia like Cambodia or Myanmar, where factory wages are $50 a month, compared with between $300-$400 for the same work in China.
CAN YOU BELIEVE THAT LAST SENTENCE! $300-$400 dollars a month is TOO MUCH for this company!!! They need to move where pay checks are $50 dollars a month!!!!
This company isn’t leaving China because the EPA is forcing them out, HELL you can cut the smog with a knife in China.
Vernon Hsu, a professor of managerial economics at the Chinese University of Hong Kong said,
“Chinese firms need to start to go out and take advantage of cheaper labor costs elsewhere…”
The cheap labor conservatives, like Mitt Romney find this Ok and view it as a bonus for the American economy where 40% of our GDP is derived from the financial industry. Mitt Romney has outsourced and destroyed millions of lives and crushed cities that rely on manufacturing to fund their schools, police and fire departments.
You see what has happened in the world is the banksters and investors have been placed on the altar of capitalism, rather than the industrialist, like Henry Ford, who paid above union wages so his own employees could buy his product.
Cheap labor conservatives have infiltrated the Republican Party and will destroy the middle class of America if they continue to find support of the 40K dollar Republican voter.
Image: Globalism Scorecard
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10 Responses to Cheap Labor Conservatives Will Destroy The Middle Class
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Eykis
Aug. 23rd, 2011 at 2:51 pm
Ray ,
Thank you for such an insightful (frightful) article. The Riverwood link is terrific – TRUE destroyers of America.
e
Aug. 23rd, 2011 at 3:41 pm
They ought to show pictures of middle class people begging on the streets for handouts as their mascot.
Shiva (Moderator)
Aug. 23rd, 2011 at 3:58 pm
well I guess this leaves the high tax routine out of the question doesn’t it? The Republicans are so full of bull it’s hard to stand the smell.
Corporations have no intentions of creating jobs here and paying people what it cost to live. And now it’s obvious they’re doing the same thing in a country like China( superhigh taxes by the way) were all they have to spend is $400 a month.this is absolutely insane. And what country will they devastate next? They are already doing it to Mexico and have been for several years as the wages climbed there. and of course that sends their workers over here where there are no jobs in an even higher cost of living. Somewheres it just doesn’t make sense.
The vote must count in 2012, probably the most important vote in American history
ScottS
Aug. 23rd, 2011 at 4:10 pm
And the same folks are whining about the explosion in food stamp usage……duh.
A Walkaway
Aug. 23rd, 2011 at 9:05 pm
Not only whining. In Florida, unless (1) you get disability (which I’m now hearing whining “it’s running out of money and needs to be fixed!”), (2) you are on unemployment (which they’re trying to cut), or (3) you are on Social Security (which they want to “privatize”), you only qualify for three months worth in a three year period. That’s the rules.
They also have changed the entire system to make it much harder to apply, and a lot easier to deny people.
They’re trying to eliminate that safety net, even as they made filing bankruptcy harder and cut back all other protections. I truly think they want the poor to die, rather than pay them a decent wage (and thus improve their own economy).
AFM
Aug. 23rd, 2011 at 4:22 pm
I would like to know when they run out of countries to go to where will they go then?
A Walkaway
Aug. 24th, 2011 at 11:43 am
I think they’re hoping by then the poor in this country are so impoverished and demoralized that people will accept $50 a month wages. Maybe less.
Seriously, I think that they’re hoping things will degenerate to the point where they can own slaves. If you read what a lot of the dominionists (the people behind the Tea Party, and connected to the people like the Koch Bros) advocate, one of the points is a return to “Biblical Slavery”. The funny thing is that they’ve been trying to tell their people that it would be different than slavery was in this country, and that it would only apply to non-Christians and criminals.
The brainwashed suckers actually believe them.
Cassandra Vert
Aug. 23rd, 2011 at 6:50 pm
Labor shopping, the corporatist’s business cycle. As soon as a middle class starts to rise in China, the company moves on to a less developed and more desperate country.
When they run out of countries, they circle back to the early countries where lack of industry has collapsed the middle class and made them desperate again.
Robert
Aug. 24th, 2011 at 8:49 am
The ugliest thing about the pursuit of cheap exploitable human labour, often automation is excluded because it is too expensive, cheaper to work many people to death.
There is a true sickness in the people that manage those companies, a sickness that should be confined to a rehabilitative institution and not one that should be allowed to manage and control people.