I used to manufacture ball point pens in the early 90s, China began dumping pens fully finished and retail packed for what the raw polypropylene used to cost me.
@@bobdebouwer7835 China did make "ballpoint" pens prior to 2017, but the quality of the balls was too poor to be competitive. China had to import the balls during the 90s when they started mass producing ballpoint pens.
@bobdebouwer7835 Specifically the ball.... They do and always have produced the most ballpoint pens. They just have to import the ball, It was in the news bro... what you can't read?
blame the corporations that shipped all the manufacturing to china for cheap labor... China was literally given a free education in manufacturing and are now a threat / competition
The blame lies solely with the consumer, as sad as it is. We vote with our pockets and dollars. We as a society told the corps long ago that saving 5¢ is more important than employing our neighbors in decent jobs. Now…sure problems have compounded. No we don’t have the brain trust in manufacturing that we once had. And American manufacturing is learning that fast as hell. I’ve worked most of my life in manufacturing, thankfully, because I can go anywhere and demand a good wage. However, in my years I’ve seen too many old timers retire with not enough young guys to learn from them. Not even close. The backbone of manufacturing is in many ways your technical guys, tradesman. Machinists. Those guys and jobs use to be specialized! Now, you’ve gotta be a machinist, an electrician, a mechanic, a carpenter, a plumber, and a PLC guy all wrapped in one. Because we just don’t have enough people. And these are GOOD jobs. You’ll never make it “rich”. But you can have a home, some kids, a few cars and a bike, hobbies…a life! Hell, I even get 4 days off every other week, and 3 the other week!
@@raywhite7742 consumers are, largely, voters as well. Even if they weren’t, the vote made with your dollars counts more than your political vote. Always has, always will. Hell, even in politics the dollar counts more! Consumers chose what they chose. It’s not like I’m happy about it, it just is what it is. I mean, I’ve invested fifteen years of my life into American manufacturing. And when people start buying American goods over Chinese goods is when the tide will BEGIN to turn. There’s still a horrific amount of work to do after that. I’ve helped get a few manufacturing lines up and going. It takes years and lots of blood, sweat, and tears from American tradesman. It’s even worse when they end up failing due to low demand. I’ve seen that twice, thousands and thousands of hours from many people gone in the blink of an eye. And then all that equipment just sits, as well as the building. If people bought more shit that said “made in the USA” those plants wouldn’t have shuttered. Instead, people are enamored with Amazon, Temu, Alibaba, and Wish. 🤷🏻♂️
@@raywhite7742 consumers are, largely, voters as well. Even if they weren’t, the vote made with your dollars counts more than your political vote. Always has, always will. Hell, even in politics the dollar counts more! Consumers chose what they chose. It’s not like I’m happy about it, it just is what it is. I mean, I’ve invested fifteen years of my life into American manufacturing. And when people start buying American goods over Chinese goods is when the tide will BEGIN to turn. There’s still a horrific amount of work to do after that. I’ve helped get a few manufacturing lines up and going. It takes years and lots of blood, sweat, and tears from American tradesman. It’s even worse when they end up failing due to low demand. I’ve seen that twice, thousands and thousands of hours from many people gone in the blink of an eye. And then all that equipment just sits, as well as the building. If people bought more shit that said “made in the USA” those plants wouldn’t have shuttered. Instead, people are enamored with Amazon, Temu, Alibaba, and Wish. 🤷🏻♂️
And once theseCorporationz run all small-medium businesses out, theirMonopoly then allows them to start RAISING prices because there IS NO competition,or AD revenue, etc. Then its over for small-middleclass etc. 😢
@@gteixeira people make as little as 1200 rmb / month currently. That's what the poorest make. Working class hopes depends on the city, but 3000 RMB would be a decent starter with college degree today. You may work 55-70 hours a week for that. 700 RMB for a 70 hr/wk job with a degree (almost "worst" case in 3rd tier city, but if you were hiring you could easily do this, but they would leave asap, meaning high turnover like a retail store has) Oh, that comes out to about $1.50 per hour before voluntary pension funding. Truly low level work in China, usually done by immigrants from Sri Lanka, Philippines, or Nigeria, pays much much less. 25-50 cents an hour net pay. Personally I wish the Supreme Court would abolish minimum wage laws somehow, all at once. Then 75% of renters would be evicted, home prices would collapse, and people would unionize and be paid real wages. High school kids would go back to working McDonalds (and retail) and push out all the welfare ladies (and men) there now. Food would improve. Within 5 years the US Minimum wages would take up the Austrailian model, because this would be better than having unions form for every job. The only problem is, where would all the homeless go for a year or two?
I worked for a company that made similar copper pieces in house that ended up in their finished assembly products. They shipped the work to China a long time ago.
Was it Commscope? They shut down their Joliet, IL facility a few years back... saying they were moving it to Hickory in the Carolinas... bet it never got there
USA built technologies . Now the Banksters have made sure we will have to play their game as they have taken our ability to be self sufficient and they can cut off fund transfers so we can not get what we need from other countries . Brazil and Venezuela found that out when they rebelled against them.
Our government allows China to buy up our farmland. If the trend continues....soon we'll be paying very high prices for that corn. Nevermind inflation. There goes the price of ethanol, while they dump their toxic electric vehicles (made in mexico), onto u.s. soil to break our own automobile manufacturing. Something has to be done to stop this!
The bar feeder is Italian and the work station German. What better quality can you get? It is all about transportation and labor costs that manufacturing went to China.
I was friends with a Chinese quality engineer, she HATED buying materials and parts from china. She would rather pay for American parts because all the assurances are done before sale
They can make it for cheaper than we can source the material because the people making the material are working for $2 a day. If you can find some Americans to work for $2 a day, let us know.
Stupid boy, that has nothing at all to do with it. You can have robots mine it for you fully automated with no labor at all. The issue is ONLY the government regulations and taxes on the industry. Greed has nothing to do with it. That is YOUR STUPID GREED being projected.
Because the cost of living standards and taxation are different. It doesn't mean that they are not happy. Why don't you do something about it and tell your mouthy Donnie and little joe blows to reduce your tax & regulations? Or is it just a fake system, joe?
@kevinbillingsley8256 Nobody works for $2 a day in China, so do your research properly. Not on the laps of Donnie Dumb Dumps or little joe's laps listening to their DIZZYLAND fairytales. But if that's all you need and wanted to know, then you are screwed.
I run into this where I work, it's cheaper to hire outside contractors to do big jobs at 100/hr than to have us regular workers do that job taking longer at 20/hr.
It’s also massive government subsidies and cheap loans combined with legal restrictions on outsourced parts. China has extremely high levels of pseudo private debt, which is basically debt that the government forces banks to loan out to Chinese companies. When you compare costs with China it’s virtually impossible to tell what’s real with the amount of legal restrictions and sneaky subsidies.
Manufacturing is all about the pennies. A $0.02 per part price difference determines whether someone has a job or not. Most manufacturing runs on profit margins of 3% or less.
6 cents cheaper doesn’t seem like much, but times a Million parts is not a small amount. It’s potentially multiple U.S. full salaries for a year less, and that saving is just on that individual part. And that 6 cents wasn’t even the final U.S retail cost (which he didn’t say) it was the comparison of the price of China’s finished part to the RAW US material alone (with no US labor OR profit which would add lots more to the finished parts costs). Likely it’s more like 10+ cent a part more, as a minimum. Thats a lot of extra financial cost for raw bar run automatically through likely an identical machine (that was also likely produced in China itself!).
@@na6635 - in terms of PPP the Chinese passed the US. In terms of life expectancy the Chinese passed the US In terms of "healthy years" the Chinese passed the US. And here's how " enslaved" are the Chinese - their life expectancies and their " healthy years" are increasing. Care to guess what's happening to life expectancies and " healthy years" in the Land of the Free, Home of the Brave?
As someone who frequently uses American made copper and Chinese made copper tube, I can 100% tell you the quality difference makes me never want to use Chinese copper tubing.
As an ironworker I can tell you that Mexican coil steel is the same way to the point engineers in my rural area won't approve it for use on certain structures. Inconsistencies throughout with hard and soft spots and generally bad metallurgy all to save a few cents even if costs dollars in the long run
As a machinest myself exactly this. China sends shit. Sure it's cheaper for parts like these. But these parts have 2 dimensions. My shop has parts with 100s of dimensions that sell for 1000s a peice. You can still do machining here, you just have to machine the complicated parts, not the cheap easily automated
@@mmboiler10 As a laser service engineer myself, I can tell you this is the same with sheet metal as well. The amount of customers I go to with poor cut quality issues. I get the operator to switch to the same material from a European steel supplier rather than Chinese steel supplier, machine works perfect without any repairs.
as someone who has bought chinese fasteners I can say they're absolutely wonderful. really nicely machined. excellent quality stainless steel. instead of bitching you crusty old fkers need to step your game up and compete. also get your politicians in check.
@@SonsoftheEagleRepublicans caused this mess in the first place now you expect a con man to fix it. Tell your congressman and senator to fix this or they are out next time they come up for election.
A company I worked for decided to go through a Chinese company for our raw forgings and the first shipment was good quality, but from that point on, it turned to shit. The material was substandard and the parts themselves were poorly made. It turned into a shit-show. We were scraping out at least a third of all our shipments we received. After 3 or 4 months, our company terminated the deal and went back to our former American supplier and life was good again. It turned out to be nearly the same cost because of the extra labor for sorting and time spent running the part only to find it would be scrap because of foundry defects not visible until after machining.
I FOUND YOUR SIX CENT!!! Cost-Effective Precision Machining Strategies for Reducing your Quote: No room to be under bid by anyone. By reducing the size of the bar stock used in machining, you essentially use less material, which means less material needs to be removed during the machining process, thereby decreasing machining time, lowering costs, and ultimately increasing production volume.
They still are classified as a developing country, which means other countries pay for most of China's shipping costs through international subsidies. That's why companies like Temu can do free shipping on a $1 item. They don't pay for shipping internationally.
FWIW, a shipping container costs around $2000 to $3000 to ship from a port in China to a port in LA. Just to give you a sense of scale. How many ball point pens can you fit in a shipping container?
China once underbid GE on turbines. But when it came time for China to buy turbines for a hydroelectric dam they were building, they bought from GE instead of using their own because the quality was much better.
My friend owns a plumbing supply house. They bought gas pipe from China. The plumbers installed it all over the city. The pipe had leaks and started fires. The pipe turned out to be defective. The supply company had to refund and pay for the fire damage. The manufacturer in China fled and closed down.
@@merocaineI'm sure they went for the one that was asking one fifth of the price of a good one, then got shocked that the quality was poor. You get what you paid for.
@@gteixeira call Standard Plumbing in Sandy Utah, it is the owners brother David & Dennis that had the problems. Their company was Standard Pipe. They sold the company to Charlotte Pipe & Foundry.
I bought solid core ethernet cable from china. The conductor was a shade of silver and flexed like plastic. Ethernet worked, but for how long? And I don't think it was actually CAT6e or FT4 😅
Great video. No frills, no flashing, popping or any additional special effects in order too fade into the next phase of a video. It's just good information and a simple video.
So, in order to make ever greater profits, all you have to do is agree to let China poison it's air and water. Some deal for China. I thought it was interesting, when my sister, an artist at a world famoust fair, told me that she saw people with expensive video camers filiming the products the various artists were producing. The following year their were new vendors at the fair. They were Chinese and they were selling hacked art items they'd filimed the year before. Intellectual property? They don't seem to think so or care.
The same thing happened to clothing in the 2000ands. 2005, Bush opened China with no taxes no duties on clothing into the US. We were getting paid 2.25 per unit for a printed t-shirt delivered. China could do it for 1.85. We lost a 25 thousand dozen weekly order Jan 1st 2005. We closed our factory with 600 sewing operators that week.
I do very much the same thing only I run steel 5/16 bars. I work with Tsugami BO12's. A few years ago we replaced our bar feeders which were the same as what you got there. They were absolute nightmares. I'm happy to see your shop is just as messy as mine. lol
Paying up for American made products isn't going to break me. I've been doing it for decades. I'll buy USA made jeans that last 7 years for $50, which is about about .01956 cents, so a little under 2 pennies a day. I still drive my 2003 Ford Ranger today and have no intention of buying some cheap piece of crap from Korea or China.
If it does not make sense, it's likely dumping. I've run into this. Chinese company providing same product, FOB USA customer, by air!, at less than my material cost. We're screwing ourselves by allowing it to happen.
There's no guarantee you're even getting what you're paying for in materials. Didn't the airline industry just buy a shit ton of fake titanium from them.
@@InCavemanscornerIt's made over there because 40-50 years ago corporations figured out hey could get labor for penny's on the dollar. And then corporations proceeded to pocket the other ninety eight cents.
Without steep tariffs and other means to protect domestic production, we are forced to compete with a country that will pay their people just one bag of rice a week for twice the work.
I was gonna call bullshit but then i checked the price for 3/8" copper bar on metals depot. As much as youre buying, should be able to get wholesale price, but 0.30 cents for material and delivery is believable.
@@chrisroberts2448 depends where you’re buying from. Majority is poor. They cut the metals down to make more money but quality is poor. Lots of lead in it too.
Making things affordable is a blessing for all mankind, so they are not just exclusive for a few aristocrats! Bravo 🇨🇳🔥🎉 Government for the people! ❤❤❤
Machine & simple Robotics 😊 And local resources helps make almost anything you can think of. All supplies or parts of products 99% connected to China. US has few resources.
To be honest, we are losing because instead of protecting our workers jobs by buying American made product's we would rather save a few cent's on shoddy product
There's one more thing I've never understood. Why do you only pay your waiters minimum wage and then they need tips from guests to support their income? Whose employees are they anyway?
This is why tariffs are important. Only way to get jobs back to America is to charge the shit out of companies that are overseas, especially in China and India
Tariffs against Chinese goods help offset the subsidies they give their manufacturers in order to put U.S. firms out of business. Tariffs save strategic U.S. industries like steel, automotive and other vital national security industries
This video tells me how and why so many people waste their vote. To think an automated machine is the only (or primary) reason for lower manufacturing costs in overseas is one of the dumbest things I’ve ever heard.🤦♂️ As others have rightfully mentioned… EPA, taxes, no unions, no real labor laws, total governmental control to dictate everything… and on, and on, and on is what influences the prices of manufacturing in China, or most other dictatorships or “socialist democracies”… Not just a machine!
China is also willing to subsidize its industries. So even if China couldn't make the same part for 6 cents less than you can get the marerial. The state maybe willing to make up the loss until all competition is gone and they'll just price raise the price. Also China sees that if they make that part it becomes cheaper to make the things that use that part. This of course assumed the plan is to not simply cheat.
everyone doesn’t listen to his words. he just said .32 in material. there is almost no labor involved. china is .26 he said. ignoring labor. just material we already losing. ask the government why they tax so much on commodities. additionally he didn’t even mention the other problem. when those copper piece leave his factory, it gets through 2-6 different middle man before the consumer. i don’t know who regulates this part.
Chinas winning because we dont buy American made. I know its more expensive but like you said its a trade WAR and winning a war comes with sacrifice and sacrifice isnt something that we as americans like to do.
People making the blame business fur leaving for cheap labor, it’s way more then that all these tech companies have said they have smarter better rounded workers that produce better materials then Americans, and there have been other types of businesses that said the same, our education system is making dumber workers and we’re falling behind so they left for countries with better trained workers, I don’t blame them either this is a whole different thing then just cheap labor which Apple made a funny comment saying if there’s cheap labor in china they don’t know where it is cuz the labor hasn’t been cheap in 20 years😂😂
That's sad that they can buy the metal and have it shipped on a ship To them, they process it ,and return it on a ship cheaper than we can make it here😂. Globally with emissions it would be better to sell that metal to domestic companies just to save the planet..
More like the consumer wants things as cheap as possible. Gone are the days of buying quality goods and items that’ll last a lifetime. Americans are glutinous consumers of cheap Chinese crap.
We make parts for one of the biggest automation machinery makers in Scandinavia. They are WONDERFUL to work for as they dont enforce insane tolerances that really isnt needed - which many other requires. Over the last couple of years when theres been big periods of recession theyve made sure to always feed us projects to keep us afloat and make sure we dont go down. They know how quickly we as a jobshop can and are willing - to work overtime if one of their thousands of machines around Scandinavia breaks down and needs spare parts. But! Once in a while we see them ordering things from China because of the price being way cheaper. However, theres been at least 15 times over the last 8 years where big orders had to be scrapped because the quality from China was so bad. We received some of the parts to make a "copy" but done the right way - and the craftsmanship on some of these chinese parts... jeeeeesus. Forged aluminium looking like swiss cheese. Parts with H7 tolerances being several millimeters out of spec. Entire feautures just missing or random features added. China can absolutely create wonderful perfect parts - you just end up having to pay nearly as much as you would in Europe =)
Similar problem down here in Australia. Its cheaper to get the Chynerrs to fabricate whatever, ship it out and have people here spend a couple of months fixing everything wrong with the item. India is the same. Parts for pressure vessels that couldn't withstand 1bar with fake mill certs and fake material testing certs. They are laughing their d!cks off at us.
Agreed, a couple of years ago, I bought a U-joint for my steering system on my 2011 Ford Escape (may she rest in peace). After pounding on the new part for several hours in order to get it to fit. I noticed that the part while being the right one for the vehicle, it was made to the wrong specs. After that I went to Napa for the new one and what did it do? It slid right on as easy as pie. China can't manufacture for worth shit.
This. But for everything made in China. If it's from China and it's cheaper, it's 99.99% an objectively inferior product. The cost savings are for the quality reduction.
An error of several millimeters... I worked in lightweight steel construction and tolerance for parts was 1mm. We made them by hand in a small workshop. No problems. Several mms of error? That is a lot.
@@darkestkhan There were ø16 H7 (-0/+0.02) holes that they made ø20. Plates having to be 60mm in width being 61-63mm. 50 parts being sent all the way from China with 2 weeks delivery time. All was scrapped and our customer told us that the chinese manufacturer was dead silent when they wanted them to rectify the problems. I got tons of stories like that unfortunately
I work at a copper mine. ALL of our copper is sent to China. Put on trucks and goes to shipyard and gets shipped across the ocean to China. How the f is that cheaper? It should be triple.
The ships all came from China because your country imports a lot from China. They can either come back to China empty or your country can load them up with something to even out the trade balance a bit. Your call.
Comparative Advantage. Look it up. American labor is literally so expensive, that it is cheaper to sell it to a Chinese supply chain that doesn't have a bunch of wage laws and unions that makes every step of the process that expensive. Chinese slave labor pays for American electronics.
China can and does lie about the purity of the materials they use when manufacturing. It is now illegal to use Chinese steel for structural beams and columns in Canada because they lie so often about the type and strength of the steel they sell.
I was just thinking about this kind of stuff the other day actually lol, in Australia too a lot of businesses complain about the "high cost of labour" thats killing off manufacturing and ability to have competitive pricing, etc, etc, when in reality its not really a "high cost of labour", its actually just a standard cost of labour that barely covers cost of living expenses for employees, its only seen as a "high cost" when other countries can do it a lot cheaper because they have a much lower standard of living and its shameful that so many companies enable that to happen
Energy cost is lower in China due to industrial policy and subsidies. US doesn’t care if our industry struggles with electricity cost. Taxes are very low for “strategic industries” aka manufacturing. U.S. doesn’t care if business are taxed to death. Chinese supply chain directs raw material to China at vast scale. In U.S. our largest port wouldn’t even be top 15 Chinese port. This doesn’t even take into account labor and environmental laws which are cheaper than China.
However, if everything was made in our home countries the prices would be so high nobody could afford anything because... labor cost is high. It's a weird balance. I worked in a machine shop operating CNC and manual machines. Making mostly pins and bolt makers. The parts I made were used to make nuts, bolts, and screws. This was around the time in 2008 when everyone in the US was still talking about a $16 an hour minimum wage. Someone has to find land with raw metals. The land needs to be purchased. The ore extracted. Transported. Purified. Formed into bars. Transported. Stored. Transported. Machined. Transported. Heat treated. Transported. Installed in machines to form bolts which are also made from barstock following the same production flow. Packaged. Transported. Used in the assembly of products from dishwashers to cars to skyscrapers. If everyone along that production line is making $8-$12 an hour but suddenly gets bumped up to $16 an hour, a comfortable living wage, that way more than doubles the cost of a bolt and every other piece of appliances and whatnot. Increasing salary increases costs of products and services making it harder to afford said products and services which leads to demanding more money to be able to afford cost of living which in turn increases cost of living and it bounces back and forth forever. That's not to mention exoerienced individuals making $12 an hour when starting salary is $8 would rightfully demand higher than $16 an hour if the new starting salary is $16. There is a balance, but we haven't found it yet. One of the biggest issues is business profits and the salaries of board members and other high level staff. A business owner should make more money. But workers deserve a living wage. Pirates supposedly solved the problem. Captain made 5x the crew members. First mate, carpenter, surgeon made 3x the crew. Meaning if the average salary were $60k, upper management would make $180k and owners would make $300k. That still seems pretty damned fair.
You'd be surprised at the standard of living in China. It's not nearly as bad as the west are led to believe. In fact, it's quite good in many cases and is often better than comparable places in the west. The reason things are priced lower there isn't due to living standards, it's due to economy. It's just basic economics. If you can, as a rich country, buy things from a poorer country, you can get them for cheaper than you would from a rich country because the seller in the rich country needs to make enough to live in a rich country. The seller from the poorer country only needs to make enough to live in the poorer country, which is a substantially lower figure. Their living standards and available technology or produce are entirely unrelated.
China owns mines all over the world, including in Canada and Mexico. The real problem is other countries are happy to let China take their natural resources.
My father used to work in manufacturing socks. They shipped all the machines to China and Pakistan. Then they imported the socks. The socks were sold at the same price to stores and consumers. Yet ironically stores are arguing that consumers shouldn't be able to import goods directly from China. Quite a double standard.
No EPA, no taxes, no unions, slave labor
You describing Murica food industry?
Excuses to not try and do better
so you want that here? 😅
@@joad8537 you must have missed class when they taught about the land of the FREE
@@DanielHuet-Vaughn go work for free then. lol
I used to manufacture ball point pens in the early 90s, China began dumping pens fully finished and retail packed for what the raw polypropylene used to cost me.
@harrykanhura4178 yes real problem
Only in 2017 could china make ballpoint pens. It was in the news.
@@bobdebouwer7835 China did make "ballpoint" pens prior to 2017, but the quality of the balls was too poor to be competitive. China had to import the balls during the 90s when they started mass producing ballpoint pens.
@bobdebouwer7835 Specifically the ball.... They do and always have produced the most ballpoint pens. They just have to import the ball, It was in the news bro... what you can't read?
They live in 21th now.
blame the corporations that shipped all the manufacturing to china for cheap labor... China was literally given a free education in manufacturing and are now a threat / competition
Blame the Govt for making companies go overseas
The blame lies solely with the consumer, as sad as it is. We vote with our pockets and dollars. We as a society told the corps long ago that saving 5¢ is more important than employing our neighbors in decent jobs.
Now…sure problems have compounded. No we don’t have the brain trust in manufacturing that we once had. And American manufacturing is learning that fast as hell. I’ve worked most of my life in manufacturing, thankfully, because I can go anywhere and demand a good wage. However, in my years I’ve seen too many old timers retire with not enough young guys to learn from them. Not even close.
The backbone of manufacturing is in many ways your technical guys, tradesman. Machinists. Those guys and jobs use to be specialized! Now, you’ve gotta be a machinist, an electrician, a mechanic, a carpenter, a plumber, and a PLC guy all wrapped in one. Because we just don’t have enough people. And these are GOOD jobs. You’ll never make it “rich”. But you can have a home, some kids, a few cars and a bike, hobbies…a life! Hell, I even get 4 days off every other week, and 3 the other week!
How about blaming the government for making lopsided trade deals, and blame the voters who enabled them.
@@raywhite7742 consumers are, largely, voters as well. Even if they weren’t, the vote made with your dollars counts more than your political vote. Always has, always will. Hell, even in politics the dollar counts more! Consumers chose what they chose.
It’s not like I’m happy about it, it just is what it is. I mean, I’ve invested fifteen years of my life into American manufacturing. And when people start buying American goods over Chinese goods is when the tide will BEGIN to turn. There’s still a horrific amount of work to do after that. I’ve helped get a few manufacturing lines up and going. It takes years and lots of blood, sweat, and tears from American tradesman. It’s even worse when they end up failing due to low demand. I’ve seen that twice, thousands and thousands of hours from many people gone in the blink of an eye. And then all that equipment just sits, as well as the building.
If people bought more shit that said “made in the USA” those plants wouldn’t have shuttered. Instead, people are enamored with Amazon, Temu, Alibaba, and Wish. 🤷🏻♂️
@@raywhite7742 consumers are, largely, voters as well. Even if they weren’t, the vote made with your dollars counts more than your political vote. Always has, always will. Hell, even in politics the dollar counts more! Consumers chose what they chose.
It’s not like I’m happy about it, it just is what it is. I mean, I’ve invested fifteen years of my life into American manufacturing. And when people start buying American goods over Chinese goods is when the tide will BEGIN to turn. There’s still a horrific amount of work to do after that. I’ve helped get a few manufacturing lines up and going. It takes years and lots of blood, sweat, and tears from American tradesman. It’s even worse when they end up failing due to low demand. I’ve seen that twice, thousands and thousands of hours from many people gone in the blink of an eye. And then all that equipment just sits, as well as the building.
If people bought more shit that said “made in the USA” those plants wouldn’t have shuttered. Instead, people are enamored with Amazon, Temu, Alibaba, and Wish. 🤷🏻♂️
A race to be the cheapest is always a race to the bottom.
Exactly right.
And once theseCorporationz run all small-medium businesses out, theirMonopoly then allows them to start RAISING prices because there IS NO competition,or AD revenue, etc. Then its over for small-middleclass etc. 😢
More like a race from the clouds down to earth.
Brilliant commentary. Quality always succeeds. Ask BMW, Mercedes, Ferrari, Rolls Royce, etc.
@@miguelsuarez8010
None of them are as reliable as a cheap toyota. Cope harder
And if your employer was legally allowed to hire your replacement for $3.00 per hour, they would.
I don't think that you can find a worker in China for that little, not legally for sure.
@@gteixeira The min. wage in China varies but is 16 - 26 yuan. That's $2.21 - $3.59 USD.
@@gteixeira Oops. You're right, I see my typo. Fixed.
$3 an hour to walk around with a camera and complain about other countries? sign me up!
@@gteixeira people make as little as 1200 rmb / month currently. That's what the poorest make. Working class hopes depends on the city, but 3000 RMB would be a decent starter with college degree today. You may work 55-70 hours a week for that. 700 RMB for a 70 hr/wk job with a degree (almost "worst" case in 3rd tier city, but if you were hiring you could easily do this, but they would leave asap, meaning high turnover like a retail store has)
Oh, that comes out to about $1.50 per hour before voluntary pension funding.
Truly low level work in China, usually done by immigrants from Sri Lanka, Philippines, or Nigeria, pays much much less. 25-50 cents an hour net pay.
Personally I wish the Supreme Court would abolish minimum wage laws somehow, all at once. Then 75% of renters would be evicted, home prices would collapse, and people would unionize and be paid real wages. High school kids would go back to working McDonalds (and retail) and push out all the welfare ladies (and men) there now. Food would improve. Within 5 years the US Minimum wages would take up the Austrailian model, because this would be better than having unions form for every job. The only problem is, where would all the homeless go for a year or two?
I've been saying it for years, STOP dealing with china
I worked for a company that made similar copper pieces in house that ended up in their finished assembly products. They shipped the work to China a long time ago.
😞
I bet it is the CEO/executives who made that decision. They got richer.
@@anonymous.369of course. They are compensated primarily in stock, whose price is directly correlated with profit.
Was it Commscope? They shut down their Joliet, IL facility a few years back... saying they were moving it to Hickory in the Carolinas... bet it never got there
The US subsidies corn, while China subsidies copper.
USA built technologies . Now the Banksters have made sure we will have to play their game as they have taken our ability to be self sufficient and they can cut off fund transfers so we can not get what we need from other countries . Brazil and Venezuela found that out when they rebelled against them.
@@jackandblaze5956
And we get aluminum pennies...
Our government allows China to buy up our farmland. If the trend continues....soon we'll be paying very high prices for that corn. Nevermind inflation. There goes the price of ethanol, while they dump their toxic electric vehicles (made in mexico), onto u.s. soil to break our own automobile manufacturing.
Something has to be done to stop this!
Don't forget the included Pesticides
Do you know what subsidize means?
The bar feeder is Italian and the work station German. What better quality can you get? It is all about transportation and labor costs that manufacturing went to China.
Plus I'm sure China dictates the prices of its own commodities in country
Google the LIMA Agreement .Politicians from the Nixon era sold all western manufacturing out to the cheap labour nations in return for back handers.
How are they making them cheaper than the cost of the material?
In fact the workstation is Japanese, in case you mean the Lathe. Star Micronics produces in Japan an have its origin in Japan.
@Chris_1024_and now we can’t even ship defective crap BACK to them because it’s “e waste” but we ship tons of it back to them to recycle
I was friends with a Chinese quality engineer, she HATED buying materials and parts from china. She would rather pay for American parts because all the assurances are done before sale
They can make it for cheaper than we can source the material because the people making the material are working for $2 a day. If you can find some Americans to work for $2 a day, let us know.
Stupid boy, that has nothing at all to do with it. You can have robots mine it for you fully automated with no labor at all. The issue is ONLY the government regulations and taxes on the industry. Greed has nothing to do with it. That is YOUR STUPID GREED being projected.
Minecraft.
Children yearn to work in the mine!
Because the cost of living standards and taxation are different.
It doesn't mean that they are not happy.
Why don't you do something about it and tell your mouthy Donnie and little joe blows to reduce your tax & regulations?
Or is it just a fake system, joe?
Mexicans
@kevinbillingsley8256
Nobody works for $2 a day in China, so do your research properly.
Not on the laps of Donnie Dumb Dumps or little joe's laps listening to their DIZZYLAND fairytales.
But if that's all you need and wanted to know, then you are screwed.
It's not a labor cost problem, very little labor goes into modern products that use CNC and robots. It's supply chain that makes the difference.
The guy who works on that CNC machine charges $150/hr.
I run into this where I work, it's cheaper to hire outside contractors to do big jobs at 100/hr than to have us regular workers do that job taking longer at 20/hr.
??? Supply chain has labor costs (or not if using slave labor).
Its over regulation. The government gets 20 of that 32 cents.
It’s also massive government subsidies and cheap loans combined with legal restrictions on outsourced parts. China has extremely high levels of pseudo private debt, which is basically debt that the government forces banks to loan out to Chinese companies.
When you compare costs with China it’s virtually impossible to tell what’s real with the amount of legal restrictions and sneaky subsidies.
People need to stop competing on pennies and realise the impact of the choice. The obsession with maximum profit is killing us.
Its not a consumer good.. blame the corporations ordering these chinese parts.
Manufacturing is all about the pennies. A $0.02 per part price difference determines whether someone has a job or not. Most manufacturing runs on profit margins of 3% or less.
That’s the American way. Everything for that bottom line number.
6 cents cheaper doesn’t seem like much, but times a Million parts is not a small amount. It’s potentially multiple U.S. full salaries for a year less, and that saving is just on that individual part. And that 6 cents wasn’t even the final U.S retail cost (which he didn’t say) it was the comparison of the price of China’s finished part to the RAW US material alone (with no US labor OR profit which would add lots more to the finished parts costs). Likely it’s more like 10+ cent a part more, as a minimum.
Thats a lot of extra financial cost for raw bar run automatically through likely an identical machine (that was also likely produced in China itself!).
Yes, we need to create better quality value added products...that China can just copy...
Man if I was in your business I’ll buy from you just on that g p bro. Stay strong you’re still going to shine on them. May God Bless you!
Yes, they make it cheaper but their materials aren’t strengthened or not well heat treatment, their parts are soft and easy rusty.
Products should be taxed for using slave labor.
It's called a tariff. 😉
You don’t call machines slaves
@@na6635 - in terms of PPP the Chinese passed the US.
In terms of life expectancy the Chinese passed the US
In terms of "healthy years" the Chinese passed the US.
And here's how " enslaved" are the Chinese - their life expectancies and their " healthy years" are increasing. Care to guess what's happening to life expectancies and " healthy years" in the Land of the Free, Home of the Brave?
Should be banned.
Capitalism = slavery.
As someone who frequently uses American made copper and Chinese made copper tube, I can 100% tell you the quality difference makes me never want to use Chinese copper tubing.
As an ironworker I can tell you that Mexican coil steel is the same way to the point engineers in my rural area won't approve it for use on certain structures. Inconsistencies throughout with hard and soft spots and generally bad metallurgy all to save a few cents even if costs dollars in the long run
Anything made in China is sub quality!
As a machinest myself exactly this. China sends shit. Sure it's cheaper for parts like these. But these parts have 2 dimensions. My shop has parts with 100s of dimensions that sell for 1000s a peice. You can still do machining here, you just have to machine the complicated parts, not the cheap easily automated
@@mmboiler10 As a laser service engineer myself, I can tell you this is the same with sheet metal as well. The amount of customers I go to with poor cut quality issues. I get the operator to switch to the same material from a European steel supplier rather than Chinese steel supplier, machine works perfect without any repairs.
as someone who has bought chinese fasteners I can say they're absolutely wonderful. really nicely machined. excellent quality stainless steel. instead of bitching you crusty old fkers need to step your game up and compete. also get your politicians in check.
I closed my machine shop this month after 22 years because of this. I could no longer compete.
Maga 😂😂😂
@@SonsoftheEagle China joe
@@SonsoftheEagleRepublicans caused this mess in the first place now you expect a con man to fix it.
Tell your congressman and senator to fix this or they are out next time they come up for election.
@@metalchips well the whale blubber oil man couldn’t compete with the Oil in the ground man.
Should have moved toward automation
A company I worked for decided to go through a Chinese company for our raw forgings and the first shipment was good quality, but from that point on, it turned to shit. The material was substandard and the parts themselves were poorly made. It turned into a shit-show. We were scraping out at least a third of all our shipments we received. After 3 or 4 months, our company terminated the deal and went back to our former American supplier and life was good again.
It turned out to be nearly the same cost because of the extra labor for sorting and time spent running the part only to find it would be scrap because of foundry defects not visible until after machining.
I FOUND YOUR SIX CENT!!! Cost-Effective Precision Machining Strategies for Reducing your Quote: No room to be under bid by anyone. By reducing the size of the bar stock used in machining, you essentially use less material, which means less material needs to be removed during the machining process, thereby decreasing machining time, lowering costs, and ultimately increasing production volume.
They still are classified as a developing country, which means other countries pay for most of China's shipping costs through international subsidies.
That's why companies like Temu can do free shipping on a $1 item. They don't pay for shipping internationally.
FWIW, a shipping container costs around $2000 to $3000 to ship from a port in China to a port in LA. Just to give you a sense of scale. How many ball point pens can you fit in a shipping container?
Did'nt the american want free trade 😅😅😅😅
The american can't compete now they crying
@@olivedidnt4609 Not American.
That is not free trade. Its subsidized trade.
I mean, that's a 60 thousand dollar difference. That's crazy.
A furniture maker 7 years ago said same but worse. One back support material cost was less than wayfair/amazon wood chair.
We’re not losing the trade war. It was over long ago. All that is left are small cottage industries.
China once underbid GE on turbines. But when it came time for China to buy turbines for a hydroelectric dam they were building, they bought from GE instead of using their own because the quality was much better.
My friend owns a plumbing supply house. They bought gas pipe from China. The plumbers installed it all over the city. The pipe had leaks and started fires. The pipe turned out to be defective. The supply company had to refund and pay for the fire damage. The manufacturer in China fled and closed down.
Really, sounds like bullshit to me
@@merocaine no bullshit, it is the truth...it cost the company hundreds of thousands of dollars along with tarnishing their name
@@merocaineI'm sure they went for the one that was asking one fifth of the price of a good one, then got shocked that the quality was poor. You get what you paid for.
@@gteixeira call Standard Plumbing in Sandy Utah, it is the owners brother David & Dennis that had the problems. Their company was Standard Pipe. They sold the company to Charlotte Pipe & Foundry.
@@jss1004 I have no idea. Let me know what was the price paid for those bad pipes compared to the "proper" good ones.
I bought solid core ethernet cable from china. The conductor was a shade of silver and flexed like plastic.
Ethernet worked, but for how long? And I don't think it was actually CAT6e or FT4 😅
Great video. No frills, no flashing, popping or any additional special effects in order too fade into the next phase of a video. It's just good information and a simple video.
@@jamesnash6101 true feelings is all
It's interesting how a lot of comments seem to think that China being cheaper is the problem 🤔
China has coal fired electric. Cheap rent. Less tax. No EPA.
So, in order to make ever greater profits, all you have to do is agree to let China poison it's air and water. Some deal for China. I thought it was interesting, when my sister, an artist at a world famoust fair, told me that she saw people with expensive video camers filiming the products the various artists were producing. The following year their were new vendors at the fair. They were Chinese and they were selling hacked art items they'd filimed the year before. Intellectual property? They don't seem to think so or care.
Lost a major bid years ago to China. They're price was less than my cost for the aluminum. This was about 20 years ago, so SSDD, I guess.
The same thing happened to clothing in the 2000ands. 2005, Bush opened China with no taxes no duties on clothing into the US. We were getting paid 2.25 per unit for a printed t-shirt delivered. China could do it for 1.85. We lost a 25 thousand dozen weekly order Jan 1st 2005. We closed our factory with 600 sewing operators that week.
I do very much the same thing only I run steel 5/16 bars. I work with Tsugami BO12's. A few years ago we replaced our bar feeders which were the same as what you got there. They were absolute nightmares. I'm happy to see your shop is just as messy as mine. lol
Paying up for American made products isn't going to break me. I've been doing it for decades. I'll buy USA made jeans that last 7 years for $50, which is about about .01956 cents, so a little under 2 pennies a day. I still drive my 2003 Ford Ranger today and have no intention of buying some cheap piece of crap from Korea or China.
If it does not make sense, it's likely dumping. I've run into this. Chinese company providing same product, FOB USA customer, by air!, at less than my material cost. We're screwing ourselves by allowing it to happen.
@rob6052 yes when nothing is made here and they shut us out agian (covid) I don't want to hear it.
There's no guarantee you're even getting what you're paying for in materials.
Didn't the airline industry just buy a shit ton of fake titanium from them.
@@InCavemanscornerIt's made over there because 40-50 years ago corporations figured out hey could get labor for penny's on the dollar. And then corporations proceeded to pocket the other ninety eight cents.
@rob6052 so agree losing lots of work
Wrong. Not air. Almost always ocean.
Are you willing to pay $5,000 for a television instead of $1,000? Answer me first
How can China make one for 26 cents if the copper costs 32 cents?
Without steep tariffs and other means to protect domestic production, we are forced to compete with a country that will pay their people just one bag of rice a week for twice the work.
I don't see workers in the video.
I was gonna call bullshit but then i checked the price for 3/8" copper bar on metals depot. As much as youre buying, should be able to get wholesale price, but 0.30 cents for material and delivery is believable.
@TheVinnythestick it's 1/2 but yes inflation sucks
Quality is usually poor from China. A lot of their metals are bad too.
Quality used to be poor in China, not anymore. They are caught up with that.
@@chrisroberts2448 depends where you’re buying from. Majority is poor. They cut the metals down to make more money but quality is poor. Lots of lead in it too.
They also get kick backs from the government to help beat out international competition.
Well yeah, shits alot cheaper when you dont have to pay for labour or follow any regulations and standards.
My fathers company he owns invented the hydraulic fed magazine bar feeder. Its called Turnamics. Look it up.
America makes software, music, movies, and e-girls. China and India do the heavy lifting. Let em.
Making things affordable is a blessing for all mankind, so they are not just exclusive for a few aristocrats! Bravo 🇨🇳🔥🎉 Government for the people! ❤❤❤
The hilarious part is all the machinery is GERMAN MANUFACTURED 😅😅😅😅
Machine & simple Robotics 😊 And local resources helps make almost anything you can think of. All supplies or parts of products 99% connected to China. US has few resources.
But I trust "Made In The USA". Anyday.
Boeing is made in USA.
@@lktan224 it’s a joke. “Made in USA” doesn’t mean what you think.. most things that say made in USA, aren’t actually made here.
It helps that China literally just print more money so we can never be competitive again.
Pay for inferior product, receive inferior product.
I wish American corporation were as patriotic and nationalistic as American citizens.
Guarantee the Chinese part is lower quality
To be honest, we are losing because instead of protecting our workers jobs by buying American made product's we would rather save a few cent's on shoddy product
There's one more thing I've never understood. Why do you only pay your waiters minimum wage and then they need tips from guests to support their income? Whose employees are they anyway?
Corporate greed. Everybody wanted to be first and had only the profit in mind! Now they are out of business!
Why do we have a government? Who do we owe all our debt to?
If we are defined a federal corporation why are we not a self-sustained country 🤔 because somebody else is pulling the puppets strings.
This is why tariffs are important. Only way to get jobs back to America is to charge the shit out of companies that are overseas, especially in China and India
Tariffs against Chinese goods help offset the subsidies they give their manufacturers in order to put U.S. firms out of business. Tariffs save strategic U.S. industries like steel, automotive and other vital national security industries
32 cents on alibaba 5.70 before tax at home depot.
This video tells me how and why so many people waste their vote.
To think an automated machine is the only (or primary) reason for lower manufacturing costs in overseas is one of the dumbest things I’ve ever heard.🤦♂️ As others have rightfully mentioned… EPA, taxes, no unions, no real labor laws, total governmental control to dictate everything… and on, and on, and on is what influences the prices of manufacturing in China, or most other dictatorships or “socialist democracies”… Not just a machine!
American Humans vs a literal ant colony
China is also willing to subsidize its industries. So even if China couldn't make the same part for 6 cents less than you can get the marerial. The state maybe willing to make up the loss until all competition is gone and they'll just price raise the price. Also China sees that if they make that part it becomes cheaper to make the things that use that part.
This of course assumed the plan is to not simply cheat.
Not only that but the copper wash water get bottle to also resale back to the world cheaper too ! 😂😂😂
The Chinese arnt going to test them.. once it come out the machine it goes straight to the home depot.. lol
Those machines must be the "slave labor" the Americans are talking about in congress 😂
everyone doesn’t listen to his words. he just said .32 in material. there is almost no labor involved. china is .26 he said. ignoring labor. just material we already losing. ask the government why they tax so much on commodities.
additionally he didn’t even mention the other problem. when those copper piece leave his factory, it gets through 2-6 different middle man before the consumer. i don’t know who regulates this part.
I’m just shocked they named that machine a barf eater
We lost the trade war because of regulations and higher wages, dont kid yourselves. 🤨
They have the supply chain, when was the last time you hear of an American openig a factory
I mean temu just crashed.....the paper tiger just discovered the rain
China is awesome, saves me lots of money when I’m building my spek home.
Bet the copper stock has all sorts of contaminants in it though
sounds like tariffs need to be lowered on copper
Don’t blame anyone. Find the way to be a winner!
I've got some bad news for you. You lost the trade war in the late 80s, early 90s when the mass of outsourcing took place!
Thank Donald Trump. He made 1000 times worse.
What an absurd statement. He's the only US president in recent memory to start taking back manufacturing from China.
Yoooo.. that’s 6 million cents cheaper. I’m going chiiiNa
Chinas winning because we dont buy American made. I know its more expensive but like you said its a trade WAR and winning a war comes with sacrifice and sacrifice isnt something that we as americans like to do.
Wonder what the CEO made that year
People making the blame business fur leaving for cheap labor, it’s way more then that all these tech companies have said they have smarter better rounded workers that produce better materials then Americans, and there have been other types of businesses that said the same, our education system is making dumber workers and we’re falling behind so they left for countries with better trained workers, I don’t blame them either this is a whole different thing then just cheap labor which Apple made a funny comment saying if there’s cheap labor in china they don’t know where it is cuz the labor hasn’t been cheap in 20 years😂😂
China dictates its economy…..they’ve repeatedly talked about this 🤦♂️🙄🤷♂️
almost like it was a plan that was hatched a long time ago...
Chinese copper sucks ass. Im a refrigeration technician and there copper is so thin. Thats why it cost less. Causing leaks.
What about shipping across 8000 miles of ocean, unloading, distributing? Given the lax EPA, slave labour found in China, something's still not right.
@@zekragash4294 agree
Kamala fix that real he good 😅
You can thank the unions for that
Though the quality might not be as good as the USA ones.
Blame Kevin oleary. Everynight on shark tank his first comment. I'll have them made in China for half the cost.
Did you just call a bushing a washer?
Cause all of our scrap is going straight there on ships every day
Vote for Globalist.. and get more of this
I work for a major scrapyard in Philadelphia. China buys all our metal...
That's sad that they can buy the metal and have it shipped on a ship To them, they process it ,and return it on a ship cheaper than we can make it here😂. Globally with emissions it would be better to sell that metal to domestic companies just to save the planet..
@@christhopherlasher2828 or… Produce all of our own oil at a cheap price and run our emissions reduced manufactures here
@@christhopherlasher2828what domestic companies
And if you’re from Philly chances are you vote democrat which is just another name for communist
True. We have to stop doing business with China
We’re losing because guys who had 105 foot yachts would do anything for a 107 foot yacht. And they did. They sold our future for it
@@kayakMike1000Can't be done anymore.
Sounds like Mike has a government job. 😂
@@samthekashman You are so outdated. Bezos has a $500 million dollar yacht that is 417 feet long.
More like the consumer wants things as cheap as possible. Gone are the days of buying quality goods and items that’ll last a lifetime. Americans are glutinous consumers of cheap Chinese crap.
@@samthekashman You are so out of date. The standard is now 417 feet and half a billion dollars.
We make parts for one of the biggest automation machinery makers in Scandinavia. They are WONDERFUL to work for as they dont enforce insane tolerances that really isnt needed - which many other requires. Over the last couple of years when theres been big periods of recession theyve made sure to always feed us projects to keep us afloat and make sure we dont go down. They know how quickly we as a jobshop can and are willing - to work overtime if one of their thousands of machines around Scandinavia breaks down and needs spare parts.
But! Once in a while we see them ordering things from China because of the price being way cheaper. However, theres been at least 15 times over the last 8 years where big orders had to be scrapped because the quality from China was so bad. We received some of the parts to make a "copy" but done the right way - and the craftsmanship on some of these chinese parts... jeeeeesus.
Forged aluminium looking like swiss cheese. Parts with H7 tolerances being several millimeters out of spec. Entire feautures just missing or random features added.
China can absolutely create wonderful perfect parts - you just end up having to pay nearly as much as you would in Europe =)
Similar problem down here in Australia. Its cheaper to get the Chynerrs to fabricate whatever, ship it out and have people here spend a couple of months fixing everything wrong with the item.
India is the same. Parts for pressure vessels that couldn't withstand 1bar with fake mill certs and fake material testing certs.
They are laughing their d!cks off at us.
Agreed, a couple of years ago, I bought a U-joint for my steering system on my 2011 Ford Escape (may she rest in peace). After pounding on the new part for several hours in order to get it to fit. I noticed that the part while being the right one for the vehicle, it was made to the wrong specs. After that I went to Napa for the new one and what did it do? It slid right on as easy as pie. China can't manufacture for worth shit.
This. But for everything made in China.
If it's from China and it's cheaper, it's 99.99% an objectively inferior product. The cost savings are for the quality reduction.
An error of several millimeters... I worked in lightweight steel construction and tolerance for parts was 1mm. We made them by hand in a small workshop. No problems. Several mms of error? That is a lot.
@@darkestkhan There were ø16 H7 (-0/+0.02) holes that they made ø20. Plates having to be 60mm in width being 61-63mm.
50 parts being sent all the way from China with 2 weeks delivery time. All was scrapped and our customer told us that the chinese manufacturer was dead silent when they wanted them to rectify the problems.
I got tons of stories like that unfortunately
I work at a copper mine. ALL of our copper is sent to China. Put on trucks and goes to shipyard and gets shipped across the ocean to China. How the f is that cheaper? It should be triple.
Which copper mine? In the U.S.?
Я Казах ☝️🧐Запомните этот комментарий и меня на всю жизнь!🫡
The ships all came from China because your country imports a lot from China. They can either come back to China empty or your country can load them up with something to even out the trade balance a bit.
Your call.
Comparative Advantage. Look it up.
American labor is literally so expensive, that it is cheaper to sell it to a Chinese supply chain that doesn't have a bunch of wage laws and unions that makes every step of the process that expensive.
Chinese slave labor pays for American electronics.
They have super cheap energy cos no environmental regulations etc to kneecap the native industry
China can and does lie about the purity of the materials they use when manufacturing. It is now illegal to use Chinese steel for structural beams and columns in Canada because they lie so often about the type and strength of the steel they sell.
Wait.
And we all thought Canada has become a queer ultraliberal hellhole where you get imprisoned for something like that. 😂😂😂
This bad because Canada doesn't lie at all
Same with using Chinese metal parts on US electrical grid
if you are friendly with certain people the inspectors go easy on you
Chinese steel was used in the world trade centers 🤔
I was just thinking about this kind of stuff the other day actually lol, in Australia too a lot of businesses complain about the "high cost of labour" thats killing off manufacturing and ability to have competitive pricing, etc, etc, when in reality its not really a "high cost of labour", its actually just a standard cost of labour that barely covers cost of living expenses for employees, its only seen as a "high cost" when other countries can do it a lot cheaper because they have a much lower standard of living and its shameful that so many companies enable that to happen
Energy cost is lower in China due to industrial policy and subsidies. US doesn’t care if our industry struggles with electricity cost. Taxes are very low for “strategic industries” aka manufacturing. U.S. doesn’t care if business are taxed to death. Chinese supply chain directs raw material to China at vast scale. In U.S. our largest port wouldn’t even be top 15 Chinese port. This doesn’t even take into account labor and environmental laws which are cheaper than China.
However, if everything was made in our home countries the prices would be so high nobody could afford anything because... labor cost is high.
It's a weird balance.
I worked in a machine shop operating CNC and manual machines. Making mostly pins and bolt makers. The parts I made were used to make nuts, bolts, and screws. This was around the time in 2008 when everyone in the US was still talking about a $16 an hour minimum wage.
Someone has to find land with raw metals. The land needs to be purchased. The ore extracted. Transported. Purified. Formed into bars. Transported. Stored. Transported. Machined. Transported. Heat treated. Transported. Installed in machines to form bolts which are also made from barstock following the same production flow. Packaged. Transported. Used in the assembly of products from dishwashers to cars to skyscrapers.
If everyone along that production line is making $8-$12 an hour but suddenly gets bumped up to $16 an hour, a comfortable living wage, that way more than doubles the cost of a bolt and every other piece of appliances and whatnot. Increasing salary increases costs of products and services making it harder to afford said products and services which leads to demanding more money to be able to afford cost of living which in turn increases cost of living and it bounces back and forth forever.
That's not to mention exoerienced individuals making $12 an hour when starting salary is $8 would rightfully demand higher than $16 an hour if the new starting salary is $16.
There is a balance, but we haven't found it yet. One of the biggest issues is business profits and the salaries of board members and other high level staff. A business owner should make more money. But workers deserve a living wage.
Pirates supposedly solved the problem. Captain made 5x the crew members. First mate, carpenter, surgeon made 3x the crew. Meaning if the average salary were $60k, upper management would make $180k and owners would make $300k. That still seems pretty damned fair.
@@kyleaegis5613 the CEOs take it all. Cost of labour is nothing/tax deductible.
@@kyleaegis5613 Everything was made in our countries and people were fine. It's only the 80's with neoliberalism that it all went sideways.
You'd be surprised at the standard of living in China. It's not nearly as bad as the west are led to believe. In fact, it's quite good in many cases and is often better than comparable places in the west.
The reason things are priced lower there isn't due to living standards, it's due to economy.
It's just basic economics. If you can, as a rich country, buy things from a poorer country, you can get them for cheaper than you would from a rich country because the seller in the rich country needs to make enough to live in a rich country. The seller from the poorer country only needs to make enough to live in the poorer country, which is a substantially lower figure.
Their living standards and available technology or produce are entirely unrelated.
We been selling them all our scrap for YEARS. What did they think was going to happen?
China owns mines all over the world, including in Canada and Mexico. The real problem is other countries are happy to let China take their natural resources.
Exactly, now they have the biggest navy in the world not the best, just the biggest
@@misterbuddyboyfear thy fishing boat 🛶 🥵😳
@@misterbuddyboywhat?
@@ChristopherLucey I'm guessing you don't do much research, China has 730 warships to the United States which has 484
And yet the consumer still pays $3.00 a part
My father used to work in manufacturing socks. They shipped all the machines to China and Pakistan. Then they imported the socks. The socks were sold at the same price to stores and consumers.
Yet ironically stores are arguing that consumers shouldn't be able to import goods directly from China.
Quite a double standard.
@@itsthemetho
It's because they are Mafia wearing suits , who own the government and army these companies are probably owned by the heads nephew
Aliexpress got around this by doing local companies, imports and ships products themselves like any other local business
Duh dummy for the cost of electricity and maintenance
Advertise these parts direct ! Then you’ll cut out the middle stream ! Sell direct to the end user !
And don't forget, no EPA, no triple taxes, no unions, cheap labor, cheap food and most importantly, fully integrated logistics system and bureaucracy.
And workers putting in 12 hours days seven days a week, living in shoe boxes till they die
They also own and maintain a shitload of the supply chain on materials.
@@VladimirPutin-p3t that's India's problem not china
Logistics & supply chain is how u win the war. Look at WW2 USA
Massive tarrifs for importing though... yet they still beat western companies. Why? Western companies are greedy.