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Old 04-27-2005, 01:34 AM
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Default Re: Did Anyone Read this Article?

China's labor is indeed the cheapest, but several US companies have gone the route of Mexico, Asia, et al, only to find that their best response time, delivery and eventually their ultimate cost is better right here in the US. I know they had to get out from under their Union arangements to enjoy their lower costs, but that's another debate! I don't think it's too late, provided the automakers are committed. They can survive several quarters of losses, that's why the account is called 'Retained Earnings' and it holds all of the non-disbursed income from prior periods.
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