J
Joerg
Guest
krw@att.bizzzzzzzzzzzz wrote:
Ever tried to sell a house here lately?
To make the point. Sure, about 55% of foreign cars sold here are built here:
http://www.foxnews.com/story/0,2933,465005,00.html
However, one has to subtract from that several positions:
a. Many times the engines, transmissions and submodules are coming in
via container ship, from overseas. So the labor in those is foreign labor.
b. A lot of US brand cars are no longer made in the US, engines come
from Canada, and so on. All that needs to be subtracted.
--
Regards, Joerg
http://www.analogconsultants.com/
"gmail" domain blocked because of excessive spam.
Use another domain or send PM.
On Sat, 22 May 2010 09:38:20 -0700, Joerg <invalid@invalid.invalid> wrote:
krw@att.bizzzzzzzzzzzz wrote:
On Sat, 22 May 2010 08:52:24 -0700, Joerg <invalid@invalid.invalid> wrote:
krw@att.bizzzzzzzzzzzz wrote:
On Sat, 22 May 2010 03:08:36 -0700, "JosephKK"<quiettechblue@yahoo.com> wrote:
On Fri, 21 May 2010 12:45:07 -0700, Joerg <invalid@invalid.invalid
wrote:
JosephKK wrote:
On Thu, 20 May 2010 07:47:38 -0700, Joerg <invalid@invalid.invalid
wrote:
JosephKK wrote:
On Wed, 19 May 2010 16:30:12 -0700, Joerg <invalid@invalid.invalid
wrote:
krw@att.bizzzzzzzzzzzz wrote:
On Wed, 19 May 2010 15:27:01 -0700, Joerg <invalid@invalid.invalid> wrote:
krw@att.bizzzzzzzzzzzz wrote:
On Wed, 19 May 2010 09:42:44 -0700, Joerg <invalid@invalid.invalid> wrote:
dagmargoodboat@yahoo.com wrote:
On May 18, 2:46 pm, Charlie E. <edmond...@ieee.org> wrote:
On Mon, 17 May 2010 14:31:43 -0700 (PDT), dagmargoodb...@yahoo.com
wrote:
major snippage and attributions...
$1 only buys $0.77 worth of _stuff_ today, say the Fair Tax people
(AIUI). The rest goes to taxes hidden in the item's price.
If I tax-deferred the
$1.40, I could buy $1.00 worth of stuff. Any after-tax savings (that
is socked away before the change) gets hammered *twice*.
If you had tax-deferred the $1.40, you'd escape the indignities of the
old system. That's a windfall (assuming Congress allows it).
Going forward though, with income-taxed money, the $1 we have left
still buys the same with or without the Fair Tax. $1 with embedded
tax burden hidden inside it, or ($0.77 actual price + $0.23 Fair Tax)
both cost you $1 at the register. No loss of purchasing power.
That's the contention, AIUI.
The other false assumption is that the price would drop
instantaneously to $.77 as soon as the tax was passed.
I don't assume that. There are all sorts of 2nd and 3rd-order
effects.
In reality,
the price stays at $1.00, and the retailer uses this 'profit' to pay
off his loans. Now, as time goes by, prices 'might' drop, but I
wouldn't bet on it. I actually expect prices to rise.
I expect prices to fall, quickly. Like with gasoline there's a delay
for goods-in-transit, then market forces handle the rest.
Why would a Japanese car or Chinese-made flatscreen TV fall in price
quickly?
Because there is more than one manufacturer.
With consumer electronics the number of manufacturers inside the US is
often zero.
I don't see the relevance.
The relevance is this:
When a group of "experts" claims the price of goods will fall because
the income tax burden of the labor in a product will drop by 23 percent
that assumption is flawed for two reasons:
a. Most consumer products are from China and, consequently, not one iota
will change in the tax on labor. The only cost that changes is the labor
associated with the sales and distribution process but that's miniscule.
I don't think so. The final retail distribution is rather expensive and
labor cost driven. Take a look at the volume pricing at Digikey for
example.
I am looking at Walmart and Costco. There's nobody working there that'll
crack one can of pickles out of a 4-pack. You either buy the 4-pack or
you don't have pickles for lunch
You are confusing unit of issue, intentional recruiting at minimum wage,
and business designed for those conditions with price per unit and delta
price per unit versus volume.
What's confusing about this? Whether it's Walmart or Amazon or whatever,
competition forces such places to live on rather slim margins. The same
is true in the auto business. Yeah, the dealer/middleman might make
$1k-$2k but the other $15k go to Japan or Korea.
Few cars sold in the US are made in Japan or Korea.
Mine was made in Nagoya.
Why do you insist that anecdote = data?
Why do you think the NUMMI plant was shut down? It might get a little
glimmer of hope now that Tesla wants to build electric cars there in a
little corner of that huge plant. But Toyota doesn't build there
anymore, that's now history.
Why do you think Toyota moved out of Kalifornica? Why haven't you? ...
Ever tried to sell a house here lately?
... Toyota
still manufactures a *lot* of their NA cars in the US. Hundai has a plant
fifty miles down the road from me and Kia has a new plant 30 miles the other
way.
Oh, and AFAIK many of the Dogde trucks are made in Mexiko.
...and Canuckistan. Wouldn't have one. Why are you changing the subject?
To make the point. Sure, about 55% of foreign cars sold here are built here:
http://www.foxnews.com/story/0,2933,465005,00.html
However, one has to subtract from that several positions:
a. Many times the engines, transmissions and submodules are coming in
via container ship, from overseas. So the labor in those is foreign labor.
b. A lot of US brand cars are no longer made in the US, engines come
from Canada, and so on. All that needs to be subtracted.
--
Regards, Joerg
http://www.analogconsultants.com/
"gmail" domain blocked because of excessive spam.
Use another domain or send PM.