Food for thought
#1
Posted 12 March 2009 - 07:47 PM
If Walmart donated all 43 million per hour to pay for the 800 billion dollar stimulus package it would take a little over 2 years to pay for it, without interest.
That thought helped me put it in perspective. I'm not looking foward to getting taxed to pay for it.
#2
Posted 12 March 2009 - 08:29 PM
#3
Posted 12 March 2009 - 08:51 PM
#4
Posted 12 March 2009 - 09:17 PM
walmart alone is 10% of our trade deficit with china.
#5
Posted 13 March 2009 - 06:53 AM
over 50% of things sold by walmart are made in china. less than 5% in the usa.
walmart alone is 10% of our trade deficit with china.
Do you guys remember in the early 90's, Wal-Mart had their "Made in the USA" marketing campaign running. The message was "if you buy something in Wal-Mart, it was made in the USA."
#6
Posted 13 March 2009 - 07:34 AM
#7
Posted 13 March 2009 - 07:44 AM
Do you guys remember in the early 90's, Wal-Mart had their "Made in the USA" marketing campaign running. The message was "if you buy something in Wal-Mart, it was made in the USA."
Talk about your change of heart.
Yeah I remember that. Wow.
#8
Posted 13 March 2009 - 07:46 AM
Food for thought at Walmart is a giant bag of off brand cheez puffs.
#9
Posted 13 March 2009 - 07:53 AM
Do you guys remember in the early 90's, Wal-Mart had their "Made in the USA" marketing campaign running. The message was "if you buy something in Wal-Mart, it was made in the USA."
Talk about your change of heart.
Sam Walton is rolling in his grave. After he died his kids decided to drop the "bringin' it home to the USA" campaign.
#10
Posted 13 March 2009 - 07:55 AM
It's cheaper for a company in the US to manufacture a product in China and ship it halfway around the world to distribute within the US than it is for that company to get a local manufacturer to create the product. It's ridiculous.
#11
Posted 13 March 2009 - 08:00 AM
I'm guilty of sending a large portion of my businesses' money to China and to everyone's surprise it's not a personal choice. My customers demand it, not by saying "I want Chinese products" but due to the fact that domestically-made plumbing supplies cost two to three times what a Chinese-made import does. The contractors and homeowners are just not willing to pay the domestic price and therefore, in an effort to keep cash flowing, I am forced to funnel import products into my inventory.
It's cheaper for a company in the US to manufacture a product in China and ship it halfway around the world to distribute within the US than it is for that company to get a local manufacturer to create the product. It's ridiculous.
I'll tell you what else, in our industry (material handling equipment), Chinese equipment used to be pure poo 10 years ago. Now, they are making quality product for cheap. They used to make the best Fart Cushions, now they are making damn fine lift trucks.
#12
Posted 13 March 2009 - 08:10 AM
I'm guilty of sending a large portion of my businesses' money to China and to everyone's surprise it's not a personal choice. My customers demand it, not by saying "I want Chinese products" but due to the fact that domestically-made plumbing supplies cost two to three times what a Chinese-made import does. The contractors and homeowners are just not willing to pay the domestic price and therefore, in an effort to keep cash flowing, I am forced to funnel import products into my inventory.
It's cheaper for a company in the US to manufacture a product in China and ship it halfway around the world to distribute within the US than it is for that company to get a local manufacturer to create the product. It's ridiculous.
That pretty much sums it up...
#13
Posted 13 March 2009 - 08:30 AM
I'm guilty of sending a large portion of my businesses' money to China and to everyone's surprise it's not a personal choice. My customers demand it, not by saying "I want Chinese products" but due to the fact that domestically-made plumbing supplies cost two to three times what a Chinese-made import does. The contractors and homeowners are just not willing to pay the domestic price and therefore, in an effort to keep cash flowing, I am forced to funnel import products into my inventory.
It's cheaper for a company in the US to manufacture a product in China and ship it halfway around the world to distribute within the US than it is for that company to get a local manufacturer to create the product. It's ridiculous.
Same thing in my industry... the large companies are sub-contracting work to China, India and the Phillipenes and charging less than half of what we do for our services on larger projects, particularly for gov't work. We either have to do it to, or not compete at all. So far I have decided not to compete because it's too much trouble. We just focus on different parts of the market where we can still use domestic labor.
#14
Posted 13 March 2009 - 08:31 AM
You've got to wonder about a product whose orange residue is harder to get off your fingers that oil based paint.
Or, in cookinwithgas's case, other body parts.
#15
Posted 13 March 2009 - 08:40 AM
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