Sign of the times?
Mar. 8th, 2008 08:53 pmI did some electronics shopping this afternoon, mostly for storage/backup media. I was somewhat surprised, when I unpacked my purchases, to notice that none of them bore the once-ubiquitous "Made in China" tag; in fact, two out of three items were at least "assembled" in North America, and the third in South Korea. Fluke, or a side-effect of the dollar's bad year?
(no subject)
Date: 2008-03-09 07:22 am (UTC)Remember the phase under Margaret Thatcher when Britain was attracting those low-cost jobs? And how, with the introduction of the minimum wage among other things (the minimum wage leaves you _below_ the poverty line!) those jobs left the country and went to places in Eastern Europ or India?
I, for one, wasn't sorry to see them go; and America should be wary of seeing them arrive. They're not jobs that fit very well with running a first-world country.
(no subject)
Date: 2008-03-09 05:55 pm (UTC)There's also the possibility of a backlash against Chinese products in particular, after last year's toxic petfood, toxic toys, toxic toothpaste ...
(no subject)
Date: 2008-03-09 06:33 pm (UTC)The Chinese thing was long in the coming. You cannot hand out jobs to the cheapest bidder without doing any quality controls and then being surprised that you're getting bottom-level stuff back. And of course if you're farmed out vast swathes of your economy to third countries in the hope that they'll exploit their people and keep your prices low, and those countries discover that creating pollution and maintaining poverty bring long-term disadvantages, and that doing so in order to keep America's prices low is rather silly, well, then you'll have A Problem.
Mind you, the British economy is pretty much in freefall as well. It's not so bad here in the South, but go further north, where there are no jobs, and manufacturing and agricultural jobs are run using a temporary workforce from Eastern Europe (because they don't demand a living wage and don't take health and safety as seriously as Brits, and they definitely won't be unionized, and as temps they can be fired any time - you might think you have three weeks' work, but if the line breaks down, you've only had a couple of hours - no, this isn't looking too well either.
(no subject)
Date: 2008-03-09 09:09 pm (UTC)I've seen it argued, in the last week, that the whole economy of Arizona has been built for years simply on new people moving into the state and needing new houses and all that goes with them, and I can believe it.