GOOD NEWS and BAD NEWS!
@redyellowblackdog (10629)
United States
June 24, 2008 10:02pm CST
We all know the bad news. Oil prices are sky high making the cost of tranportation prohibitive when it can be avoided.
The good news? Oil prices are sky high making the cost of tranportation prohibitive when it can be avoided.
Wait a minute! Isn't the good news exactly the same as the bad news? Yes it is. Read this to understand why.
http://www.abcnews.go.com/WN/story?id=5235731&page=1
Yes, it is true.
With the cost of fuel so high, it is not longer always profitable to ship an American job overseas. The cost of sending the products back to America is consuming the savings in labor costs! Who'd have thunk it?
Any comments, observations, or examples?
3 people like this
4 responses
@Destiny007 (5805)
• United States
25 Jun 08
Now all we need to do is deregulate industry, get rid of the insanely high tax rates for American businesses, start drilling our own oil, find cheaper and alternative fuels WITHOUT cutting into our food supply and we may just get the economy working right again.
Of course after all this is done, we then need to ensure that our businesses stay in America.
That means telling Congress in no uncertain terms to stop being so greedy with taxation and get out of the way so the free market economy can work without interference from them.
3 people like this
@redyellowblackdog (10629)
• United States
25 Jun 08
I believe every one of your excellant suggestions would be vigorously oppossed by President Obama and his party. They really do believe nothing can be done without their input.
2 people like this
@gewcew23 (8007)
• United States
25 Jun 08
It is simply the free market doing its job. You are correct in saying that manufactoring jobs will have to start coming back to the state because the price will be more expensive than home products. Well unless someone named Obama screws that up. We can always find another way to force companies to leave our country, like I do not know taxes, maybe even a little more regulation.
@redyellowblackdog (10629)
• United States
25 Jun 08
"Well unless someone named Obama screws that up."
Oh, crap! I forgot about that. You are right that a few taxes and onerous regulations could completely negate the advantage high transportation costs would give the USA.
2 people like this
@redyellowblackdog (10629)
• United States
25 Jun 08
I'll betcha that won't be a problem. Besides that, people learn really fast when they are cold and hungry along with being unemployed.
@clrumfelt (5597)
• Tennessee Ridge, Tennessee
26 Jun 08
Talk about a silver lining to every cloud! If companies keep moving back into the USA to save costs, we won't need a new jobs program. Who would have thought companies that moved to other countries for the cheap labor would be moving back because of soaring oil prices? Hopefully when the oil prices go down they will have decided there's no place like home and stay put here in the USA.
1 person likes this
@redyellowblackdog (10629)
• United States
26 Jun 08
Given the cost of moving a business and the fluctuation in crude oil price over time, it would be foolish to move back overseas once back home. Maybe (MADE IN THE USA) is coming back.
1 person likes this
