The world, the new marketplace?
It used to be that if Joe’s hardware down the street sold nails for 4 cents a lb, and Bob’s hardware sold them for 5 cents Joe’s would get more and more customers until Bob’s went out of business or lowered his price. All well and good because the public understood that neither one of them could sell for less than what they paid for the nails.
------Next came discount chains like the five + dimes Woolworths comes to mind. Through volume buying and cutting out the middle men (Joe + Bob) they were able to sell those nails for 3 cents. We started to forget about Joe + Bob. They applied for work at Woolworths, or got in the unemployment line.
------Next came what?, the Big Box Home Improvement Stores. Super buying power lowering the price to 2 cents for that lb. of nails. Just talked with Bob who's working in the Home Depot and he explained to me why I had to buy a nice platic wrapped package of 12 nuts and bolts when I only need one and I have enough platic bags at home already. BTW they are going green they have a tree growing on their roof or somesuch.
------Now I think the tide has finished running. The national market has cannibalized itself. The workers through unions have demanded and received higher wages and benefits. The governments all up and down the line have created and or raised the taxes on the companies. All the governmental regulations have added to the cost of doing business.
------NOW THE COST OF THAT LB. OF NAILS IS PROBABLY 40 CENTS.
------NOW COMPANIES CAN NO LONGER AFFORD TO PAY THE TAXES, PAY THE LABOR, MEET THE REGULATIONS. SO THEY MOVE OVERSEAS AND SELL IT TO US.
------FOREIGN COMPANIES ARE NOW TAKING OVER THE MANAGEMENT END AND FORCING OUR CARETAKER COMPANIES OUT OF BUSINESS.
------THOSE WHO HAVE CAUSED THIS (BIG LABOR + BIG GOVERNMENT) WITH OUR HELP. NOW DEMAND PRICE AND WAGE CONTROLS THROUGH “COMPARATIVE WORTH” ,“FAIR PAY” AND THE NEW “FAIR PROFIT” LEGISLATION.
------NEXT WE WON’T BE ABLE TO AFFORD NAILS.
------ON MY NEXT TRIP TO CHINA, I'LL SAY HI TO BOB, HE'S WORKING FOR THE NEW SUPER LOWE'S THEY'RE BUILDING THERE. THEY NEEDED PEOPLE WHO WOULD DO THE WORK THAT CHINESE WON'T DO. HE'S COLLECTING THE CARTS FROM THE LOT.
Regards, Live Dangerously Be A Conservative
Ps. I don’t know about you but I feel better for yelling.