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To: The Wharf who wrote (40960)6/28/2012 9:25:14 AM
From: elmatador  Read Replies (1) | Respond to of 46821
 
I'd create in the US a kind of Special Processing Zone to produce.

Old established companies have high pension obligations. Asian companies do not have these. Thus can make stuff cheap. They don't have OSHA. Environment protection and other agencies...

People in the US, who'd invent something would have next door people to talk to to manufacture. China only big boys can play

Let the companies settle in the Special Processing Zone bargain with the workers. Remove red tape and let that small park develop as it pleases.

No quotas for physically disabled or gender. Only Americans and Green card holders to avoid import container loads of foreigners. Minimum age 16 years old to be employed.

This Special Processing Zone would be a Jurassic Park. A place where old work habits and rules would apply.
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To: The Wharf who wrote (40960)6/28/2012 9:35:27 AM
From: elmatador2 Recommendations  Respond to of 46821
 
Was Skping with a friend ref. Nokia: Telecom companies have huge pension obligations that weights too heavy. And that is why some have gone belly up: Nortel, Lucent and Motorola.

The consolidation is still not yet finished. Nokia has huge pension obligations that makes unlikely for other to buy it.

The more generous the pension system, the less likely the company to survive. See Volvo and Saab car makers of Sweden.

These Social Democracies with enviable workers rights was only possible in the past when the circumstances were different. Now the times got tough and they can't renege in their obligations.

Going this way, the hole industrial countries will go England's way. Have the head start but is left without manufacturing