Visit the U.S. Politics Online Discussion Forum Archives!

Sponsored by:

U.S. Politics Online: A Political Discussion Forum  

Bookmark Us! E-Mail DONATE NOW! Photo Gallery Document Archives Quiz! Register to Vote!!!
Go Back   U.S. Politics Online: A Political Discussion Forum > Issue Politics > Economic Issues

Economic Issues Business, Commerce, Consumer Affairs, Economics, Public Finance, Trade

Reply
 
LinkBack Thread Tools Display Modes
  #16 (permalink)  
Old 11-17-2006
Dormouse Dormouse is offline
President

 
Member Since: Jun 2004
Location: Wonderland
Posts: 11,095

   
Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Jefe View Post
Oh, OK, sorry then. I get a bit angry when I hear someone complain about the "high" costs of compliance to safety and environmental standards - but you weren't complaining about that The main thrust of your argument here is labor costs.
Labour costs make up 1/3 to 2/3 of the price of most things (on average).
Reply With Quote
  #17 (permalink)  
Old 11-17-2006
Jefe's Avatar
Jefe Jefe is offline
Secretary of State
Pervert

 
Member Since: Oct 2004
Location: Connecticut
Posts: 5,979

United_States    
Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Mad_Michael View Post
Labour costs make up 1/3 to 2/3 of the price of most things (on average).
Yeah, I was thinking it was "roughly half". But this would apply more to 1st world countries, correct? IOW, I wonder how much Nike spends on labour - most of there sneakers are made in asian countries, I believe.
Reply With Quote
  #18 (permalink)  
Old 11-17-2006
Thematic-Device Thematic-Device is offline
Secretary of State

 
Member Since: Apr 2004
Location: CT
Posts: 5,382

United_States     Connecticut

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Jefe View Post
Yeah, I was thinking it was "roughly half". But this would apply more to 1st world countries, correct? IOW, I wonder how much Nike spends on labour - most of there sneakers are made in asian countries, I believe.
I dunno, the US pays more for labour but uses more capital intensive and less labor intensive processes.
Reply With Quote
  #19 (permalink)  
Old 11-21-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
So a guy working two minimum wage jobs to keep his family above the poverty line gets a break and somebody who has nothing better to do with their money than spend $1300 to improve one of their toys now spends $1400. That doesn't sound like a terrible tradeoff to me.
Nobody "deserves" to even have a job, much less "deserve" to have a job for a certain amount of money.
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
  #20 (permalink)  
Old 11-21-2006
timj219's Avatar
timj219 timj219 is offline
Secretary of State

 
Member Since: Jan 2006
Location: Binghamton, NY
Posts: 4,765

United_States     New_York

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Slon View Post
Nobody "deserves" to even have a job, much less "deserve" to have a job for a certain amount of money.
And this is relevant to my post somehow?
Reply With Quote
  #21 (permalink)  
Old 11-21-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
And this is relevant to my post somehow?
About someone getting a break at the expense of the company ("But also, as Fox points out, 'costly environmental regulations and American labor rates'").
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
  #22 (permalink)  
Old 11-21-2006
timj219's Avatar
timj219 timj219 is offline
Secretary of State

 
Member Since: Jan 2006
Location: Binghamton, NY
Posts: 4,765

United_States     New_York

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Slon View Post
About someone getting a break at the expense of the company ("But also, as Fox points out, 'costly environmental regulations and American labor rates'").
Sorry I just don't see the connection. I thought we were discussing the economic effects on luxury items of a rise in the minimum wage. I see no connection between that subject and your opinion about whether anyone "deserves" a job.
Reply With Quote
  #23 (permalink)  
Old 11-21-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
Sorry I just don't see the connection. I thought we were discussing the economic effects on luxury items of a rise in the minimum wage. I see no connection between that subject and your opinion about whether anyone "deserves" a job.
You said it is okay for someone to get a break caused by restrictions forced upon a company by the government. That implies that the person deserved the break, and since it is job related, it also implies that he deserved the job.
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
  #24 (permalink)  
Old 11-21-2006
Dormouse Dormouse is offline
President

 
Member Since: Jun 2004
Location: Wonderland
Posts: 11,095

   
Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Jefe View Post
Yeah, I was thinking it was "roughly half". But this would apply more to 1st world countries, correct? IOW, I wonder how much Nike spends on labour - most of there sneakers are made in asian countries, I believe.
As a general rule, Nike pays more to their celebrity spokes-person (annually) than they pay for all of their factory labour added together.

Not particularly surprising given that Nike sells a $20 shoe for $200 through smart marketing.

Indeed, one should praise Nike for their cleverness. It is the idiots wearing the logo that I'm contemptuous of.
Reply With Quote
  #25 (permalink)  
Old 11-21-2006
timj219's Avatar
timj219 timj219 is offline
Secretary of State

 
Member Since: Jan 2006
Location: Binghamton, NY
Posts: 4,765

United_States     New_York

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Slon View Post
You said it is okay for someone to get a break caused by restrictions forced upon a company by the government. That implies that the person deserved the break, and since it is job related, it also implies that he deserved the job.
It implies nothing of the sort. Just as it does not imply that anyone "deserves" to own a comapny that manufactures bicycle forks for profit or that anyone else "deserves" to buy them at $1300 or $1400.
Reply With Quote
  #26 (permalink)  
Old 11-21-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
It implies nothing of the sort. Just as it does not imply that anyone "deserves" to own a comapny that manufactures bicycle forks for profit or that anyone else "deserves" to buy them at $1300 or $1400.
So what was the point in saying it's okay for them to get a break at the expense of the company, when the expense was forced upon them by the government?
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
  #27 (permalink)  
Old 11-21-2006
timj219's Avatar
timj219 timj219 is offline
Secretary of State

 
Member Since: Jan 2006
Location: Binghamton, NY
Posts: 4,765

United_States     New_York

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Slon View Post
So what was the point in saying it's okay for them to get a break at the expense of the company, when the expense was forced upon them by the government?
I said it sounds like a good tradeoff to me. That was my point. Does it not seem like a good tradeoff to you? All kinds of things are forced on us by government. Some good - some not so good. This one sounded good.
Reply With Quote
  #28 (permalink)  
Old 11-21-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
I said it sounds like a good tradeoff to me. That was my point. Does it not seem like a good tradeoff to you? All kinds of things are forced on us by government. Some good - some not so good. This one sounded good.
So you feel it's good that the government should force one private entity to follow environment regulations just so some guy who is too incompetent to compete earns more? Not to mention the indirect impact it has on consumers, who would as a result pay more.
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
  #29 (permalink)  
Old 11-22-2006
timj219's Avatar
timj219 timj219 is offline
Secretary of State

 
Member Since: Jan 2006
Location: Binghamton, NY
Posts: 4,765

United_States     New_York

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by Slon View Post
So you feel it's good that the government should force one private entity to follow environment regulations just so some guy who is too incompetent to compete earns more? Not to mention the indirect impact it has on consumers, who would as a result pay more.
I have no idea what environmental regulations have to do with this but I do think they are a good idea. Cleaning up your own mess is just a cost of doing business.

I also recognize that as a society we have decided that anyone who is willing to work in this country should be able to attain some minimal level of economic well being in exchange for that work. I have no problem with that concept.
Reply With Quote
  #30 (permalink)  
Old 11-22-2006
Slon Slon is offline
President

 
Member Since: Jul 2005
Location: USA
Posts: 14,735

United_States     Russian

Re: A bicycle fork for $1300.00?

Quote:
Originally Posted by timj219 View Post
I have no idea what environmental regulations have to do with this but I do think they are a good idea. Cleaning up your own mess is just a cost of doing business.

I also recognize that as a society we have decided that anyone who is willing to work in this country should be able to attain some minimal level of economic well being in exchange for that work. I have no problem with that concept.
So, you are again saying that people deserve the money/job.
__________________
If a neocon whines about big government wealth redistribution, just ask him what he thinks about the portion of that big government that sends aid to Israel.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -7. The time now is 09:55 AM.


Powered by vBulletin® Version 3.8.0 Beta 1
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC6
Copyright © 2000 - 2008 U.S. Politics Online