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DanS
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Kickball Capital of the World
Jan 1970
time: 00:24
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quote:
Originally posted by Oerdin
How far are we ahead of the Chinese in total value of manufactured goods? |
China's economy on an exchange rate basis is something like $1.7 trillion. I don't have specific figures, but we can expect that about 40% - 50% of that is manufacturing. So manufacturing is about $700 - $800 billion per annum, over half of which is exported.
The US economy is about $12 trillion, 13% of which is manufacturing, or about $1,560 billion.
$1,560 billion / $800 billion = about 2x
Maybe somebody else would be able to vector you for numbers with closer tolerances.
Last edited by DanS on 23-04-2005 at 00:32
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Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
time: 05:24
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"Too bad Sten isn't around anymore"
Yeah, that's right...
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Ted Striker
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United States of America
Jan 1970
time: 21:24
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quote:
Originally posted by Q Cubed
Unions have their place, Ted. It's just too often, some unions refuse to take a hit for the team, and thus contribute to a company's downfall. *coughUnitedcough*
This doesn't mean management gets off scott-free, since often times, they're the ones who helped drive the company into such dire straits, but. |
Personally I have never liked unions because situations where they take advantage and cause undue pain. For example the dock workers in the LA Harbor that are making minimum of 80K a year, and their supervisors up to 150K. Yet they decided to shut down the entire west coast shipping lines and screw the whole economy.
Then there is also the tradition of racketeering and organized crime getting involved, though this is not so much of a problem nowadays. Unions also have a nice problem of intimidating everyone who wants to work.
ON THE OTHER HAND, I think the "knee jerk" reaction built into contemporary business thinking has gone too far to the point of being perverted.
Labor is unfairly blamed for alot of company woes. Litreally, they are just doing their jobs. Managers are the ones who make the decisions. Other ideas such as process and quality control are overlooked.
Anybody who has seen a GM car for the past 20 years knows exactly how bad they suck. The Saturn brand was supposed to solve alot of these problems, with their emphasis on flexibility, yet they have never gotten there.
You have people like Carly from HP, who got a 48 million dollar package after getting FIRED. How many workers at Compaq or HP were given generous packages when they were fired? There was also a recent case of a guy who gave his wife 2 billion in stock right before he got forced out.
The best companies are obviously those that take care of their workers without having unions around.
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Oerdin
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of Internet Music.
Sep 2001
time: 21:24
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http://news.bbc.co.uk/1/hi/business/4484101.stm
GM also announced that 2 million full sized trucks from the Chevrolet, GMC, and Hummer brands were being recalled because of a handful of cases where the seatbelts did not work properly.
GM is losing market share as truck sales weaken in the face of rising gas prices. I hate to admite it but the problem is GM's management. They were told over an over that oil prices would not remain low forever and that they should try to improve their car lineup but instead they barely kept their car business on life support and plowed all of their money into large trucks and SUVs. Now sales are shifting towards cars and GM doesn't have a decent design to sell. That's just bad management and everyone knew this would happen sooner or later.
Don't even get me started about how the management gave rediculous agreements to the unions. They have to pay their workers even if their workers don't work. Find another blue colar job that does that.
Last edited by Oerdin on 27-04-2005 at 14:52
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22-04-2005 22:40
Good one!
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