Manufacturing is so much more than cost. I don't about US, but I tell you about India I country that I live in.
I don't think as a country we will ever make up or compete with what China is doing currently. Although I can tell you you can hire people here at equally low prices. When you talk of manufacturing. The first sort is machine made the other ones are hiring human beings.
The latter sort of is what is most tricky. You need people who are ready to do a repetitive job, that can add nothing to their knowledge on the longer and are ready to work for long hours for cheap wages. Most of that work is generally precision work that you can't do with machines. With machines, its a different story. You begin to see how you can recover your investment over time. But with people, you have to start to look at scalability issues.
I don't know about America. But I think its worthwhile to ask a few questions.
a. Is it possible to hire such large volume of people at such low prices in America.
b. Will those people, be ready to work for long hours on repetitive mechanical oriented jobs. Which gives no value on a persons career on a longer run.
c. Since these jobs are low paying, the retirement long term financial benefits won't be exciting. The health care benefits won't be much.
d. Since industries have to be all at one place, for inventory co ordination, infrastructure issues et al. People will be forced to live in low rent houses. Often of sharing and accommodation basis. Is this lifestyle ok with those mass quantity of people.
The way I see American lifestyle is more driven by spending, and expenses are really high for an ordinary American. Both in terms of daily expenditure and other issues like sending kids to college and medical benefits.
The larger question is will the mass American crowd adopt to the lifestyle I describe?
If the answer is yes, I see no reason why this can't be done in the USA. In fact if it can be done, then it must be encouraged. The government must make it easy and facilitate them. Why should the average American suffer because of me in India or some one in China. If any thing that can be done here(India/China) it can be done there(America) if the conditions are suitable.(both in terms of economic and other factors).
I don't think as a country we will ever make up or compete with what China is doing currently. Although I can tell you you can hire people here at equally low prices. When you talk of manufacturing. The first sort is machine made the other ones are hiring human beings.
The latter sort of is what is most tricky. You need people who are ready to do a repetitive job, that can add nothing to their knowledge on the longer and are ready to work for long hours for cheap wages. Most of that work is generally precision work that you can't do with machines. With machines, its a different story. You begin to see how you can recover your investment over time. But with people, you have to start to look at scalability issues.
I don't know about America. But I think its worthwhile to ask a few questions.
a. Is it possible to hire such large volume of people at such low prices in America.
b. Will those people, be ready to work for long hours on repetitive mechanical oriented jobs. Which gives no value on a persons career on a longer run.
c. Since these jobs are low paying, the retirement long term financial benefits won't be exciting. The health care benefits won't be much.
d. Since industries have to be all at one place, for inventory co ordination, infrastructure issues et al. People will be forced to live in low rent houses. Often of sharing and accommodation basis. Is this lifestyle ok with those mass quantity of people.
The way I see American lifestyle is more driven by spending, and expenses are really high for an ordinary American. Both in terms of daily expenditure and other issues like sending kids to college and medical benefits.
The larger question is will the mass American crowd adopt to the lifestyle I describe?
If the answer is yes, I see no reason why this can't be done in the USA. In fact if it can be done, then it must be encouraged. The government must make it easy and facilitate them. Why should the average American suffer because of me in India or some one in China. If any thing that can be done here(India/China) it can be done there(America) if the conditions are suitable.(both in terms of economic and other factors).