It's a good point. while people over here get all in a huff about alleged "virtual slave wages," they need to remember (aside from the fact that it's much cheaper to live in china and the US did the same to Europe in the 19th c) that prior to capitalist china, millions of people starved. Indeed, horrid conditions in Europe partially fueled cheap labor in the US. sure, conditions weren;t perfect but you could get a job and keep the money. you coudl even own a house and the justice system, while still stacked against you, at least wasn't codified that way. The question is, what has the US done in the past 50 years to make themselves more competitive? the US has stood still while the world has changed. some might think it's arrogance.

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"You down wit OPM?"
Fumo: "Yeah, you know me!"

Some toyota's may be made here but with japanese parts on free land given to them by our government.

http://www.howtobuyamerican.com/cont...db-autos.shtml

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Make love, not war - hell, do both, get married!

Not too shocking. GE sold off their electronics business decades ago. A change in strategy here is they won't be permanently selling off the GE name like they did with TVs and radios.

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"Things are starting to get interesting right about now"

Scoats - publician, writer, artist.

All comments made by me on his board are given freely and probably worth what you paid for them.

Ya want to buy an AMerican made TV? Good luck!
RCA (TCL - China)
GE (Thompson - France)
Westinghouse (Chi-Mei -Taiwan)
Zenith (LG - Korea).

Landmark US television brands right? Freaking pathetic.

My TVs come from Japan as there is nothing that can come close in quality.

GE Appliance Division has been "for sale" for at least 15 years.

They (GE) got in financial trouble when their "Designer" or "elite" series failed miserably....imagine buying a $400-$800,00 New House in the mid- 90's and having your refrigerator fail within 3 months....get it repaired, and it fails again within the first year...

Keep in mind that Appliance Sales are very much tied into the Housing Market, especially New, which is in a slump.

For those who want to buy "American", why is there no outcry about Electronics, Shoes, Clothing, etc?

It appears that GE is getting rid of businesses that are not profitable to beeter invest in those that are.

JMHO of course.

http://www.philly.com/philly/wires/a...ebusiness.html

not everything has to be made in America, people are just frustrated because it seems like nothing is. Japan and Taiwan took the lead in electronics a long time ago. Toyota doesn't make all their parts in Japan either. Risign transportation costs should, over time, change the world distribution network.
http://www.philly.com/philly/business/15759302.html
I read recently that the city is in talks with an Italian food producer about setting up shop here.

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"You down wit OPM?"
Fumo: "Yeah, you know me!"

China does not take away our jobs. Our leaders give them away to them.

Its easy to point to a scapegoat in any situation, but it take thought to discover the truth.

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"People should not be afraid of their governments. Governments should be afraid of their people".

Panasonic, and most of Sony products are STILL made in Japan.
So I'm betting Malloy's hard-earned money is invested with one of those makers.

Panasonic's been smart to stay on the better end of this situation, though several years ago they strayed, and some of their DVD players were made in china. BAD MOVE, and they found that out. So to my knowledge, they dumped that idea and went back to making things in Japan. Their track record for quality seems consistently above the rest.
Some Sony televisions are made right here in Pennsylvania, giving people here jobs.

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"Accept the fact that some days you are the pigeon, and some days you are the statue"

Yes sir. Pioneer and Panasonic. (my Dell computers are made in China unfortunately)

I must admit, Korea (LG and Samsung) have been putting out some solid LCD panels. I believe Sony LCD panels are made in Korea through a Samsung joint venture.

I'm the idiot who will pay the major premium for domestic made appliances once these die. (dishwasher is on its last leg) I'm so sick of this disposable China crap.

Actually, we will have plenty of manufacturing, just not as many manufacturing jobs. According to Robert Samuelson of the Washington Post:

This data merely continues a longer-term trend of the country producing more goods, but doing so more efficiently. We like to blame foreigners because then we have a "villain" (the alternate villain being greedy executives); but many of the manufacturing job losses in the United States are due to greater efficiency rather than foreign competition.

Moreover, even to the extent that job losses are the result of foreign competition, it's only because the same goods can be manufactured at a lower cost, which means American consumers (which includes each and every one of us) benefit. Now, it's easy to dismiss the benefits that we consumers receive from lower production costs; however, a bit of perspective goes a long way. Lower production costs mean that more goods are available to more people. And we're not just talking about leisure goods that feed the American appetite for conspicuous consumption. We're talking about advances in transportation, communication, and safety that promote longer, healthier lives. And lower production costs make these benefits available to a greater number of people, especially lower-income people.

Spotting the transition costs of economic competition is easy, because you point to a small town that lost a tire plant and bemoan the plight of the unemployed workers. However, keener minds also spot the benefits of economic competition, remembering, of course, that economic productivity is not a zero-sum game. See comparative advantage.

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"Everything that guy just said is bull$h!t! Thank you."

-- Vincent LaGuardia Gambini