STOCK MARKET WATCH -- Monday, 23 January 2012

[Tansy_Gold]

32. Okay, after watching Jon Stewart, I came to this analysis --

If electronics manufacturing were reshored to the US, prices for consumer electronics would go up 23%. BAD

BUT

1. More Americans would be put to work. GOOD

2. With more Americans working, more of them could afford the higher prices. GOOD

3. Higher prices would result in more sales taxes to help fund state and local services. GOOD

4. Environmental laws regarding production would be enforced. GOOD

5. Higher prices might make people think twice about replacing electronic junk quite so often. conditional GOOD.

6. A few cost accountants might get into politics -- or comedy news shows -- and explain just why slave labor in China doesn't result in the 30% cost differential. GOOD.

7. Understanding that the labor cost savings all goes in the corporations' (stockholders', CEOs') pockets and not into actual retail price savings for consumers might spur enough competition among electronics manaufacturers to bring the prices back down! DOUBLE PLUS GOOD!



TG, your friendly socialist cost accountant. . . .