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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: broadstbull who wrote (397310)	11/18/2009 7:29:10 AM
From: Real Man	Respond to of 436258

Thanks. Labor in China and other Asian countries costs virtually nothing, perhaps, 3-5% of retail price for chit sold at Wallmart. And the mark up still makes most of the retail price, perhaps, 2/3 of it. So, there is no way out. In the old days (1990-s) we crashed their currencies to get labor costs down. Now we are simply Royally screwed. Even high tech is made in China, the iphone. They also own far more modern manufacturing facilities. Ah, the years of bubble and neglect.