Hot Russian Brides® Men's Lifestyle Magazine™ Winter 2017 | Page 12

we use could no longer be manufactured .
Labour relations through the laws passed to protect workers are instrumental in killing profits in North America . So much so that it ’ s become next to impossible to enter the workforce in most positions as a full-time employee .
Companies like Wal-Mart offer only casual or part-time positions . The benefit is that they can cut their rosters when needed with minimal cost . This also ensures no benefits offered resulting in further savings .
The problem with this approach is that you have a workforce that cannot afford anything but essentials . With profits declining in each quarter , many companies are treading water ; with no choice but to follow this practice .
Wal-Mart is smart , though . Its strategy is why they are the biggest US retailer . They rely heavily upon Chinese imports to keep costs down . While this might be beneficial , at the same
time it ’ s helping to fiscally injure its home country ’ s economic base .
Another issue is the Baby Boomers . They ’ re exiting the workforce ; while drawing pensions have become a large drain on pecuniary resources . As well , health care needs are becoming harder to absorb as they age . In effect , it ’ s contributing to empty coffers .
China never had this problem , and it ’ s likely that it never will . Unlike its American counterparts , Chinese culture promotes families caring for their elderly parents . This removes almost all the economic drain from

S

China ’ s monetary pockets .
So , what ’ s the solution ? One thing that needs addressing is the workforce . In the short-term a manufacturer might enjoy some savings by keeping its workforce fluid instead of static . The repercussion , however , is that this approach seriously limits the buying power of its employees .
Henry Ford knew better . He made sure his workers could afford a Ford product , and he worked at streamlining operations to help both the company and the workers .
The current trend of outsourced labour to other countries ; or worse , importing unskilled labour will only serve in steering corporations into the financial storm brewing in the distance .
To compete with the Chinese , requires businesses to examine how they ’ ve arrived at their current status . Once they ’ ve come to their budgetary conclusions , the next step is to find a way to model their own operations to viably compete with China ’ s product . Increasing a workforce to ramp up product might resolve some of the issues , but it ’ s not sustainable .
With the U . S election results , new US President Donald J . Trump is using the loss of the once mighty manufacturing industries as a rallying cry to take down China at any cost . While that may make a powerful sound byte , particularly to those in the unemployment lines , it ’ s simply not feasible . It ’ s the reason that China simply has more … period . More money , more clout , more workers , likely more artillery … the list goes on .
The workforce in Asia is less expensive , and with no unions , is a prime destination for manufacturing .
Donald Trump has recently thrown his political comments into the Detroit crisis , claiming that Ford is making things “ horrible ” for the autoworkers . He further stated that all the jobs in Detroit would be shifted to Mexico . Mark Fields , Ford ’ s C . E . O fired back at The Donald that not one single job would be lost to shift of manufacturing sent over to Mexico , and that Ford had created
12 HOT RUSSIAN BRIDES ® - MEN ’ S LIFESTYLE MAGAZINE