Page 7 of 12 FirstFirst ... 56789 ... LastLast
Results 61 to 70 of 114

Thread: The American Middle Class Is No Longer the World’s Richest

  1. #61
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    Yesterday @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by ocean515 View Post
    That's an interesting bit of information.

    How do you explain this?

    Eastern span replacement of the San Francisco

    Although it was somewhat controversial, authorities decided to allow bids to include major components and materials not made in the United States.[24] This was partly due to the cost of materials, and especially due to the lack of suitable fabrication facilities within the United States, or even within the western hemisphere. In contrast, China, where the SAS deck components were built, has low cost materials producers. Other major components were produced in Japan, owing to the availability of large steel casting, welding, and machining capabilities. Suspender saddles were made in England. As Federal highway funds generally come with "Made in America" restrictions, the bridge was built without such funds, for which it would otherwise qualify owing to its carriage of Interstate 80.[25]

    When the government, along with added costs of union labor, regulates industries out of existence, what do you expect?

    If you want the real story, rather than try to point to the Republican, go here: Unparalleled bridge, unprecedented cost | San Francisco Public Press
    As I stated in my prior post, even if the labor and materials are more expensive in the US, it would have went right back into the US economy so no savings was made paying for cheap Chinese labor and materials. That money was just sent overseas.

  2. #62
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by rabbitcaebannog View Post
    As I stated in my prior post, even if the labor and materials are more expensive in the US, it would have went right back into the US economy so no savings was made paying for cheap Chinese labor and materials. That money was just sent overseas.
    It wasn't just the labor, or the materials, it was the actual ability to make the components. The US, which at one time was the shipbuilding capital of the world, doesn't have the west coast capability to make the parts needed. Building a whole new facility to build one bridge would have been ridiculous.

    The fact is, we've legislated away our economic stability. That must, and will change.

  3. #63
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    Yesterday @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by ocean515 View Post
    It wasn't just the labor, or the materials, it was the actual ability to make the components. The US, which at one time was the shipbuilding capital of the world, doesn't have the west coast capability to make the parts needed. Building a whole new facility to build one bridge would have been ridiculous.

    The fact is, we've legislated away our economic stability. That must, and will change.

    No, it was costs.

    The decision to outsource the fabrication of key sections of the Bay Bridge was made about five years ago, when a contractor offered alternate bids on the project, says Tony Anziano, a manager at the California Department of Transportation.

    "One proposing to do work domestically, one proposing to do the work internationally: There was a $400 million differential in that bid, and in that case it would have required the work to go international," he says. California Turns To China For New Bay Bridge : NPR

  4. #64
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    Yesterday @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by ocean515 View Post
    The fact is, we've legislated away our economic stability. That must, and will change.
    The fact is this isn't just happening in CA. We are outsourcing our work to foreign countries thinking it will save a dime in taxes while it depletes us way more in jobs and money that can be put back into our own economy instead of going overseas.

  5. #65
    Banned
    Join Date
    Sep 2011
    Location
    Mecca
    Last Seen
    01-14-15 @ 07:04 PM
    Gender
    Lean
    Undisclosed
    Posts
    6,426

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by American View Post
    Thanks to govt debt and tax laws as far as I'm concerned.
    I don't think so.

    It's mainly because of anti-union propaganda, horrendous international trade policies and massive immigration.

  6. #66
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by rabbitcaebannog View Post
    No, it was costs.

    The decision to outsource the fabrication of key sections of the Bay Bridge was made about five years ago, when a contractor offered alternate bids on the project, says Tony Anziano, a manager at the California Department of Transportation.

    "One proposing to do work domestically, one proposing to do the work internationally: There was a $400 million differential in that bid, and in that case it would have required the work to go international," he says. California Turns To China For New Bay Bridge : NPR
    Well, my information doesn't agree that is was just costs.

  7. #67
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    Yesterday @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by ocean515 View Post
    Well, my information doesn't agree that is was just costs.
    This source explains that that wasn't the reason:

    In the June 26 New York Times article that first broke the story, the claim was made that a major reason for having the fabrication of the bridge's major sections done in China was that American fabricators didn't have the capacity or capability to perform the work on such giant structures. Because of their supposed superior capabilities and lower labor costs, the Chinese were said to be providing the $7.2 billion bridge for $400 million less than U.S. fabricators who probably couldn't have done the work in any case.
    But it turns out that the issue wasn't one of capability but of scheduling. U.S. fabricators had the capacity and the capability to do the work but argued that the project would take more time than the Chinese were proposing in their bid. Well, in the event, the Chinese have not been able to meet their own timetable, and the bridge is actually being built on the schedule originally proposed by the American fabricators. The first delivery of Chinese steel was more than a year late and the whole project is three years behind schedule and $5.2 billion over budget according to information provided by the National Steel Bridge Alliance. Bay Bridge redux

  8. #68
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by rabbitcaebannog View Post
    This source explains that that wasn't the reason:

    In the June 26 New York Times article that first broke the story, the claim was made that a major reason for having the fabrication of the bridge's major sections done in China was that American fabricators didn't have the capacity or capability to perform the work on such giant structures. Because of their supposed superior capabilities and lower labor costs, the Chinese were said to be providing the $7.2 billion bridge for $400 million less than U.S. fabricators who probably couldn't have done the work in any case.
    But it turns out that the issue wasn't one of capability but of scheduling. U.S. fabricators had the capacity and the capability to do the work but argued that the project would take more time than the Chinese were proposing in their bid. Well, in the event, the Chinese have not been able to meet their own timetable, and the bridge is actually being built on the schedule originally proposed by the American fabricators. The first delivery of Chinese steel was more than a year late and the whole project is three years behind schedule and $5.2 billion over budget according to information provided by the National Steel Bridge Alliance. Bay Bridge redux
    Less agenda driven sources have described a different scenario. One this is for sure, the Bay Bridge replacement became as big a political construction job as it was an actual construction job.

  9. #69
    Sage
    rabbitcaebannog's Avatar
    Join Date
    Jun 2013
    Location
    Massachusetts
    Last Seen
    Yesterday @ 08:35 PM
    Gender
    Lean
    Other
    Posts
    10,918

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by ocean515 View Post
    Less agenda driven sources have described a different scenario. One this is for sure, the Bay Bridge replacement became as big a political construction job as it was an actual construction job.
    The point is there was an American bid but it was turned down and given to China because it was cheaper and faster but the irony is this didn't save us one single penny or time but will end up costing us more than just money in our economy. Until people start to be angry about this kind of stuff, it will be the same old thing happening in other places. It already is happening. It's very bad for our economy.

  10. #70
    Sage

    ocean515's Avatar
    Join Date
    Jan 2013
    Location
    Southern California
    Last Seen
    @
    Gender
    Lean
    Other
    Posts
    24,705

    Re: The American Middle Class Is No Longer the World’s Richest

    Quote Originally Posted by rabbitcaebannog View Post
    The point is there was an American bid but it was turned down and given to China because it was cheaper and faster but the irony is this didn't save us one single penny or time but will end up costing us more than just money in our economy. Until people start to be angry about this kind of stuff, it will be the same old thing happening in other places. It already is happening. It's very bad for our economy.
    I think the Bay Bridge is an example of many things that are going on, but is not the example that proves the point.

    Until we address the basics behind the loss of high paying jobs in the US, we will be bound to repairing other countries goods, and spitting up the dollars per hour that are charged to do so.

Page 7 of 12 FirstFirst ... 56789 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •