Competition needs moderating.I heard an editorial on NPR NPR In currencies, this is the abbreviation for the Nepal Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. about the loss of manufacturing jobs in the U.S. The speaker said the problem is worldwide, noting statistics for the last few years. The comment made was basically, consider the fact that the world is losing manufacturing jobs and the situation in the U.S. is not solely based on outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. of manufacturing. I have been manufacturing circuit boards for 20 years. I remember in the early '80s when Asian companies solicited circuit board professionals to help start and improve their facilities. I saw the increase in offshore work through the '80s and early '90s. Today it is a completely different game. Circuit board companies in the U.S. are closing by the handful. In the last four years over 150 companies closed, accounting for over well over 5 million sq. ft. of manufacturing floor space. U.S. companies today are being outbid out·bid tr.v. out·bid, out·bid·den or out·bid, out·bid·ding, out·bids To bid higher than: We outbid our rivals at the auction. by 50% by China. There are offshore companies selling product at the price of what raw materials cost alone. To deny that China and other Asian companies are completely destroying the manufacturing sector of the U.S. economy is complete ignorance Ignorance See also Stupidity. Am ha-Arez those negligent in or unobservant of Torah study. [Judaism: Wigoder, 26] avidya ignorance as cause of suffering through desire. [Hindu Phil. . I have listened to comments on efficiency and lower costs and improving quality. U.S. board manufacturers have been doing this for over 15 years. But if others can sell product for what we pay for raw material, how are we supposed to stay in business, let alone invest in equipment and processes? We don't don't 1. Contraction of do not. 2. Nonstandard Contraction of does not. n. A statement of what should not be done: a list of the dos and don'ts. have a government investing in our equipment or subsidizing our companies. We have a government selling out the foundation of our country by letting global competition go unchecked instead of moderating competition and preserving our manufacturing sector. If nothing is done, electronics will go the way of textiles textiles, all fabrics made by weaving, felting, knitting, braiding, or netting, from the various textile fibers (see fiber). Types of Textiles in the U.S. |
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