Racing to ruin

Perhaps we do need to scale back on the imports, and start producing more things here in America.  Things like steel, carbon fiber composites, and wood substitutes.  The stuff we are importing is cheap, and of poor quality.  Big surprise, right?  Of course, we can’t lay all the blame at the feet of the foreign workers.  They have to work with what they get, and what is specified by their multi-national bosses.

When the parts that you are supplied with are made with soft steel, then the product you are building will not last.  Costs have been cut until mere pennies are fretted over and pondered.  All in the name of profit, ever increasing profit.  The materials that we are having to work with, the fasteners, the frames, the motors, are all of poor quality, regardless of the brand.  Doing a good job is becoming increasingly difficult.

Everybody wants things to get better, but few people are willing to sacrifice to make that happen.  We are going to have to pay more for products, or settle for lower quality, much lower quality.  It doesn’t matter how cheap something is, if it can’t do the job.  Even the premium brands are having their stuff built overseas, because paying a reasonable amount to have the work done will cut into profits.  A pair of boots built in the U.S. would cost about 100 dollars to manufacture, and would be sold for nearly $200.  When production was moved overseas, the quality of the leather decreased, the workmanship was sup-par, but the boots still cost $200, even though their cost to manufacture had dropped to about $30 dollars.

People began to turn away from that brand of boot,  and the company had to bring production back, and sell at cost for a while to reclaim market share.  Management is the greatest threat to the well-being of companies these days, I believe, as tried-and-true methods are tossed out in favor of more ‘economical’ ways.

You paid people a good wage and bought good materials, you would have a good product, worth the money.  People would associate your name with quality, and become loyal customers.  Nobody got rich doing it that way, but everybody made enough to get by on and be comfortable.

The obsession with getting rich in a hurry is pushing America into a downward spiral.  Because someone usually loses when somebody else gets rich in a hurry.  Huge fortunes were acquired in the early 2000’s, as people began to buy and then sell houses rapidly.  That led to a mania about flipping properties for profit, which created a big demand for new houses.  Until somebody realized that no one was moving into these homes.  The American homeowner took a beating during the Great Recession, and many people lost their retirement.  But money was made in quantity for a while, without having to work.  How real was that money, if so much of it vanished overnight?

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