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Totally agree on the labor cost. I do believe this is the key item. Im not anywhere clear on annual salaries of far east country labor markets.

Though im likely to think just my annual health insurance premiums are near the far east annual salaries. ( just premiums )

But thats just my guess and opinion.  

 

Good day everyone

Floyd

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It's a constantly changing senario, with undeveloped countries offering low cost items due to cheap labor costs and then its own market develops and makes costs increase and the buyers move to the next lower cost area and so on, China has seen massive cost rises over the last decade and other countries less developed in the area are taking parts of its work at cheaper prices. The UK was the worlds largest ship builder then it all went to Japan and now Korea has taken most from Japan

Mi omputer is ot ood at speeling , it's not me

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Just heard on the radio that the "Walmart Effect", increased consumer prices, is expected to wipe out any benefits of the tax breaks for the average consumer, and more. Doesn't effect the wealthy of course.

Bob

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