OK I was on another discussion and I'm wondering...
Is any one else bothered by the big deal made about wallmart coming to Chicago, when what we really need is GOOD long term jobs here....
Why isn't daley trying to bring back at least SOME manufacturing here? I mean with so many people unemployed the cost of labour MUST be down, I know Schwinn is nothing more than a name BUT there must be some companies that would be willing to try, also since the price of land is down....How about SRAM? they are headquartered here.
So are we just a bunch of blind sheep that want our kids to play with lead painted toys from China because they are a buck? Or is anyone willing to pay more to have a non lead painted toy?
Isn't there a big drywall company with offices here in Chicago ? Why did China drywall show up in the south east with mystery stuff in it that MAY be toxic ?
I just think it's time for a real change
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I'm probably going to come off as a confrontational grouch by saying this, but that "adage" is nothing more than disingenuous marketing hype designed to tug at the heartstrings. By the very same logic it would be even more beneficial to simply not buy the product in the first place. Imagine how much more money stays in the community if it never leaves my bank account!
Maria Boustead said:You know the adage about how much more money stays in the community when you buy from a local store rather than a chain store, right? Well, imagine the impact of buying from a local manufacturer rather than an oversea manufacturer.
I got bored with listening to how I never been in a factory....
SO I guess I never worked in a shop and built equipment, that I later installed and set up.
I agree I show my age when I talk about manual equipment, no I'm not so old that manual stuff was used in production, but it was in tool rooms and prototype, now I guess it's common for CNC.
Calling me out on my lack of knowledge on opening a factory is no big deal I never said I KNEW HOW. I also never said manufacturing had to be a large operation, plants can employ a couple of people to thousands.
What pisses me off is why is such a big deal being made about low end retail jobs, by a company that isn't exactly known for treating it's employes the greatest? When there are plenty of people here that could MAKE something and produce a real income not only for the employee but for the area.
Retail (IMO) is what gets manufactured goods to the consumer and a needed service.
Manufacturing buys raw materials (from many different places, yes even other countries, contributing to the economy in other areas) Those materials are transported in (jobs for truckers, RR people, aircraft...)
Turned into a final product (thats the factory) Shipped out (more trucks and such....) to local and other countrys (bringing other money back into the area)
As far as I can see retail imports the product, (still involving transportation) then sells the product locally. The money does flow back in fourthm but in a much more limited way.
Because manufacturing GENERALLY....notice I said generally because just like retail there are good places to work and crappy places. When people have more money they can spend more money in their community. Yes even on housing, WITH sensable mortgages.
I BELIEVE and this is my idea, that the time for manufacturing to make a return as a viable source of income is a lot sooner than people think.
I BELIEVE that people need to get off their ass and do some reall labour with their hands, not wait for obamanomics to get then a bail out so they can go to school and learn to re-package loans.
I BELIEVE bringing jobs (like manufacturing) closer to people will help with cutting down pollution from shipping....many people make this claim with farming buy local because of shipping costs (Your right I DONT have an understanding of the complex things involved that allows asperigus from Peru to be sold in the Jewel around the corner from me)
I BELIEVE I am once again bored with this, I did 50+ miles yesterday, and am heading out for a ride now...
notoriousDUG said:You're bored with it because you want to simplify an complex issue to the degree that it fits your own narrow view of the subject and have been called out on your lack of knowledge.
to be honest with you the job future is going to be in the skilled trades but that is a whole other discussion and is going to require a lot of changes in or cultural views of what is, and is not, a 'good' job.
There may also be a time when large scale manufacturing is a viable enterprise in the US but it will take a lot of changes to not only our economic models but also out cultural models. Right now small scale and boutique manufacturing is where we need to look to in my opinion.
Rick norris said:
Beyond studies, it makes sense. Let's say you buy a $100 item from Target in Chicago. Probably about $20 stays in Chicago to pay for the overhead of having a store here, while $50 goes to China to pay for the item and the rest goes to Target HQ in Minneapolis to spend on HQ overhead and for buying more things from China. In comparison, if you buy $100 Po Campo bag from a Chicago store, the store keeps $50 and spends it on its overhead and buying more local product, while we get the other $50 and give it to Chicagoans to pay for their wages. There IS a difference.
I disagree that it is just hype. There are have been several research studies that compare how far money travels when you buy from a chain store compared to a local store. Here are two for reference: Andersonville study and Midcoast Study. Also, circulating currency makes for a healthier economy because it means that things and services are being bought and sold and there are jobs attached to each of those interactions.
Beyond studies, it makes sense. Let's say you buy a $100 item from Target in Chicago. Probably about $20 stays in Chicago to pay for the overhead of having a store here, while $50 goes to China to pay for the item and the rest goes to Target HQ in Minneapolis to spend on HQ overhead and for buying more things from China. In comparison, if you buy $100 Po Campo bag from a Chicago store, the store keeps $50 and spends it on its overhead and buying more local product, while we get the other $50 and give it to Chicagoans to pay for their wages. There IS a difference.
Michael Perz said:I'm probably going to come off as a confrontational grouch by saying this, but that "adage" is nothing more than disingenuous marketing hype designed to tug at the heartstrings. By the very same logic it would be even more beneficial to simply not buy the product in the first place. Imagine how much more money stays in the community if it never leaves my bank account!
Maria Boustead said:You know the adage about how much more money stays in the community when you buy from a local store rather than a chain store, right? Well, imagine the impact of buying from a local manufacturer rather than an oversea manufacturer.
I'm sorry but this is a really, really sloppy rationalization using completely made up numbers and I think it is not a very good representation of where the money goes. I'm not going to deny that buying locally made items in a local shop probably keeps more of each dollar spent in the local economy but I highly doubt the disparity is anywhere near what you are making it out to be.
I mean you double dipped wages in the local example; these are part of overhead. You did not account for the extra cost Target has of shipping stuff around and you are also sort of ignoring the fact that a bag sold at a local shop like Boulevard needs a much larger percentage of it's sales price put into overhead because the lower volume sold.
Maria Boustead said:Beyond studies, it makes sense. Let's say you buy a $100 item from Target in Chicago. Probably about $20 stays in Chicago to pay for the overhead of having a store here, while $50 goes to China to pay for the item and the rest goes to Target HQ in Minneapolis to spend on HQ overhead and for buying more things from China. In comparison, if you buy $100 Po Campo bag from a Chicago store, the store keeps $50 and spends it on its overhead and buying more local product, while we get the other $50 and give it to Chicagoans to pay for their wages. There IS a difference.
To bring this back to chainlink a bit, in my opinion massive improvements in bike and public transit infrastructure would attract high-skilled knowledge workers to the city and good jobs would follow. But that's another topic for another day.
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