SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: cosmicforce who wrote (125218)11/20/2009 12:54:41 PM
From: Mary Cluney  Read Replies (1) | Respond to of 543757
 
<<<A custom clothing factory with direct sales could be making these at a profit, paying $24 per hour for labor to produce the $72 pair for jeans, assuming an assembly line could make 2 pairs per hour per person employed. That doesn't seem all that unreasonable. Our system doesn't reward that kind of entrepreneurship because Wal-mart would just go to the most depressed and desperate place in the world to get the price to $71 or $68 or $35, breaking the back of the local source.>>>

First of all, I don't understand your logic.

Nevertheless, it makes no sense to pay $24 for something that someone else would do for $2. Trying to making something like that work would inevitably distort everything. Talk about opening up a can of worms.

Inevitably when you are talking about taking some kind of action you are talking about putting resources (money) somewhere instead of somewhere else. You have to put it where you can get a good return.

The larger question becomes do you want to be subsidizing Boeing and other high value manufacturer or saving something like the garment industry.