New Chinese DVD Format

[MOVIEGEEK]

"Sometimes outsourcing pays and other times it doesn't. The manufacturing losses to the US are bad but the world is changing and America needs to pay to its strengths and perhaps let other countries manufacture things. We're just no longer top dog in manufacturing anymore, hard to admit but the truth."

That's because some middle-management bean counter who's job is secure makes those decisions...then it's sent to upper-management(who's paid an obscene amount) to make it so.
I don't have a problem if they open up factories in other countries to sell to the people who live there(ie autos) but when they close plants here and import the same stuff...well that's just plain wrong.
Just take a drive from Detroit to Pittsburgh and see how that outsourcing is working out for the locals.

[MJA]

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[alstatr]

Moviegeek,

I live in Brighton, a suburb of Detroit. There are tons of my friends' parents who have lost their jobs to outsourcing. I disagree with outsourcing somewhat but it comes down to the basic laws of capitalism - best goods possible at the lowest prices possible. I think that if we conceed manufacturing and focus on America's strengths ie. marketing, finance, INNOVATING, and the good old fashioned hard work we can begin to erase the effects of outsourcing.

I also hate the amount of money the CEOs and upper management get paid. Some of them are worth it but very few. I think if the company loses money they should have to get a new job or give some money back to the company because they obiviously didn't do their do as well as they should have.

Kevin

[InXess]

So we give China our business by allowing them to make most of our products. We buy their products. Yet they don't want to support us in return by giving our businesses money. What is wrong with this picture? How about we just pull all production out of China and take our business elsewhere. Ban all imports from China. Would they like that? They would be in some serious hard times if that would happen.

Not to pick on you but these questions and statements are heard quite often.

China is a sovereign country and can introduce any video standard they want.
They don't have any obligation to support US standards unless it lies in their interest (same for US). If you meant by saying "us" a DVD industry, then it's not "us". What you call "their product" is actually our product and their labor.
Nobody allowed China to make our products. US government, US businesses and Chinese government developed a common business platform for "mutual benefit". US wanted cheap, disciplined labor, preferential treatment, no taxes (or later very, very low) access to Chinese market while Chinese wanted US capital and know-how. Now China owns huge percentage of US debt while US trade deficit with China grows. So who needs whom more... ?