tag:blogger.com,1999:blog-2611021408437270881.post6607855366959018832..comments2024-03-18T23:59:39.885-07:00Comments on Skeptical CPA: WSJ Mistitles Article!Independent Accountanthttp://www.blogger.com/profile/07800220849565219709noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2611021408437270881.post-82372378489815938412009-04-09T10:54:00.000-07:002009-04-09T10:54:00.000-07:00another usa company shifts their manufacturing to ...another usa company shifts their manufacturing to asia: Cannondale Bikes, "Handmade in USA"<BR/><BR/>previously, they'd transferred manufacturing of their highest end [all carbon] bikes to china. now, their aluminum and aluminum/carbon combos will also be built there, where labor is $1/hr vs $35. <BR/><BR/>i wonder if the executive jobs at Dorel Industries [parent co of cannondale] will be sent overseas. if outsourcing manufacturing will save them $4 million, 200 jobs gone, how much would sending 5-10 bigwigs away save? maybe another million?<BR/><BR/>huh. 4 mill, 200 jobs. that's $20,000. excuse me, but my math says $20,000 comes down to $9.62 an hour. assuming the $4 mill is net savings after increased shipping, tarriffs and duty, let's add $1mill back on. that brings the hourly to $12. far cry from $35. maybe the big boys were thinking of their own perq packages.<BR/><BR/>Bedford, Pennsylvania bites the dust. <BR/><BR/>wait a sec. isn't bedford where that inanae movie about a banker accused of embezzlement took place, the one where all the townspeople gather their pennies to save his sorry ass?<BR/><BR/>oh, that was bedford FALLS. never mind.<BR/><BR/>PS: i'm seriously thinking of selling my cannondales and buying treks.Robynhttps://www.blogger.com/profile/04836345873601125705noreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-1460362546727296592009-04-07T18:41:00.000-07:002009-04-07T18:41:00.000-07:00Funny, the chinese first came after the jobs of th...Funny, the chinese first came after the jobs of the working man, and the usa bankers gladly sold them down the river. Now the chinese are coming after the jobs of the bankers. I knew this day would come.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2611021408437270881.post-25793267005671354542009-04-07T11:11:00.000-07:002009-04-07T11:11:00.000-07:00IA it's going to take a little more than that to m...IA it's going to take a little more than that to make Stiglitz a goldbug...<BR/><BR/>And the WSJ? Murdochian now...Anonymousnoreply@blogger.com