Friday, December 4, 2009

Where have all the jobs gone?

Would you believe to overseas producers? Take a walk thru Walmart. Nearly all the product on the shelves, the clothing, the shoes, the plumbing parts, the house wares, the consumer electronics, the hand and power tools, the auto parts, is made in China. When I was in high school, the product on the shelves in Sears (Walmart hadn't been invented then) was all made in USA.
Why is everything made in China? We all know, it's cheaper. Chinese workers get paid little to nothing, they don't unionize, and there is plenty more of them wanting to take a job.
We need to do something to reduce the cost of manufacturing stuff here in America. Start with the cost of labor. For every dollar paid to the worker, another dollar is paid for "overhead". The overhead doubles the cost of labor and the extra money doesn't go to the workers. It goes for health care and retirement and workman's comp and the union, and a lot of other places. We need to reduce that overhead. Maybe not to zero, but surely we can do better than the 100% markup we suffer from now.
Then we have regulations and taxes and unions and tax collection duties and Sarbanes Oxley and licensing and featherbedding and city inspectors and mafia protection shakedowns and high interest rates and scarce bank loans and pollution regulations, all of which make it harder to start a business or to survive in business.
We need to remember that business men create jobs. The government ought to be making things easier for business men if it wants to create more jobs.
Democrats are all in favor of employment, it's employers that they can't stand.

No comments: