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Non-Tech : Kirk's Market Thoughts
COHR 192.30+3.6%3:09 PM EST

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Kirk ©
To: robert b furman who wrote (584)1/29/2014 11:24:49 AM
From: Jerome1 Recommendation   of 26819
 
Hi Robert, Times and attitudes are changing. In times past the best idea was to outsource as much manufacturing as possible That brought us to the point where manufactured products carried the label, "Designed in the USA, manufactured in China"

Honda in a Detroit News article that stated that Honda exported 20,000 more vehicles from the US than they imported from Japan.

The vehicle with the highest American made content is the Toyota Camry.

When I sold cars at a Ford and Toyota Dealer out west. Buyers on occasion would demand a Camry made in Japan. Even after it was documented and proved to them that American made Camry's were more likely to be defect free than those made in Japan. This is simple...give the customer what they want. ( The VIN numbers indicate country of origin).

The wisdom of outsourcing is balanced by the pain of outsourcing. When the Chinese make a mistake in manufacturing, they make 10,000 of them before discovery.

Henry Ford had it right when he paid his workers $5.00 a day (Competition paid 2.40 to 2.75 per day). Higher pay means more money in circulation and fewer people on government assistance.
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