diamondears
Headphoneus Supremus
- Joined
- Oct 1, 2014
- Posts
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If you lived in the CONUS you wouldn't be saying this…also Grado is a Brooklyn, N.Y based family owned business and keeps the profits here where they are made, and is great for our economy.
BTW, you can buy cushions from China if you would prefer on eBay.
Very +1 on this.
What's happening to the USA on companies outsourcing to China is really self-destructive. I like simple, so let me offer this elementary computation:
GreedyCo sees a $10 labor cost on its FS (Financial Statements). Learns that in China it would just be $2. So GreedyCo. outsourced to China and saves $8 on paper.
But in the process, it totally obliterates $8 from the USA's FS. After 4 years, USA, needing money, borrows $8 from China, which it can now loan because of the $2 per year income from GreedyCo ($2 x 4 years = $8). Ain't that funny? Why would a government allow that to happen? One more thing...GreedyCo itself created new competitors because its intellectual properties ain't being kept down low for sure.