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Author Topic:   Mercury's China and Japan Outboard Plants in Production
jimh posted 04-26-2005 09:30 AM ET (US)   Profile for jimh   Send Email to jimh  
Brunswick CEO George Buckley advised shareholders today that production was beginning from the company's new outboard plants in China and Japan.

“In the first quarter, Mercury opened a new production facility in China. The 174,000-square-foot plant produces four-stroke outboard engines between 40 and 60 horsepower,” Buckley noted. “We also opened a new 275,000-square-foot facility in Japan with our joint venture partner Tohatsu, where we make 2.5 to 30 horsepower four-stroke outboards. Worker training and production validation have been completed, and the plants have now begun production. As the year continues, we expect the plants will ramp up volume and, in turn, increase our cost competitiveness in these market segments.”

Royboy posted 04-26-2005 10:11 AM ET (US)     Profile for Royboy  Send Email to Royboy     
Did they say anything about their prices reflecting the difference in labor: $20/hour U.S. vs. $0.60/hour China?

Roy

LHG posted 04-26-2005 02:00 PM ET (US)     Profile for LHG    
What would it be in Japan, at the Tohatsu/Mercury joint venture plant?
phatwhaler posted 04-26-2005 02:07 PM ET (US)     Profile for phatwhaler  Send Email to phatwhaler     
That's all we need, Chinamen with gas money.

Later.

BQUICK posted 04-26-2005 02:14 PM ET (US)     Profile for BQUICK  Send Email to BQUICK     
Roy....probably not much.

I just bought some BF Goodrich tires, 2 were made in China and the other 2 were made in Thailand.
I guess not many ties made in US anymore. :(

I don't think I paid any less than if US made.

jimh posted 04-27-2005 12:28 AM ET (US)     Profile for jimh  Send Email to jimh     
I think Mercury is still making a 25-HP four-stroke engine in Wisconsin. Otherwise it looks like their whole four-stroke line-up below 75-HP is made in China or Japan. And the 75-90-115 four-stroke range is currently covered by purchased Yamaha power heads.

The 115-HP has been announced as coming soon in domestically manufactured Verado style, but that leaves 75 and 90-HP engines. I believe Mercury has stated they will make them in Wisconsin, too.

Endless Wave posted 04-27-2005 01:19 AM ET (US)     Profile for Endless Wave    
Everyone is outsourcing or making things in other countries. It seems like it cannot be stop.
Please watch those racist remarks. We don't want
to be a racist website!
Teak Oil posted 04-27-2005 08:23 AM ET (US)     Profile for Teak Oil  Send Email to Teak Oil     
Japan has governtment supplied health care, so Mercury will save billions over the years on health care costs there too.

Its not just the cost of the American worker driving these jobs away, its also our jacked up health care system. Its threatening to run the auto makers bankrupt within five years because of the sweet deals automakers gave away in previous contracts when the costs were much less.

jimh posted 04-27-2005 08:32 AM ET (US)     Profile for jimh  Send Email to jimh     
Whenever someone buys a product made in Japan or in China, or any imported product, really, what happens ultimately is that they send money from the United States to that foreign country where some of it ends up in the pockets of the workers who made the product.

In the case of outboard motors, the owners of all those boats cruising around with outboards made in foreign countries have sent money abroad where it has enriched the workers in another country instead of the workers in our country.

In the case of China, it really won't be that far down the road before the guy working on the assembly line in China will be using some of his wages to buy gasoline for his new automobile. But you should not worry about this. Here is why:

If everything works out economically, according to current plans, we will balance our trade deficit when this worker also spends some of his money on buying a DVD of a new Hollywood movie staring Alec Baldwin. (You all remember Alec Baldwin, right? He is the actor who said he was going to leave the United States if George W. Bush was elected president.)

Now this kind of balance of trade, where we let China manufacture durable goods like outboard motors, and we here in the United States offset that loss of trade by selling them artifacts of our culture like cinematic movies or rap music CD's will be a great success. What we will do is to hook the growing middle class of manufacturing workers in China on our culture, and eventually they will have enough income to become tourists. They will fly over here to see America, and then we can get some more money back from them by renting them a room in our homes which we now operate as a Bed and Breakfast for foreign tourists.

Some of us could even make a buck back by operating tour boats where we could cruise them around areas like Detroit, Cleveland, and Pittsburgh and show them relics of the industrial heartland of America. By then, of course, all outboard motors will be made in foreign countries, so they will feel a sense of nationalistic pride when they look aft at the transom and see their outboard motor purring along.

I can see it now. The young Mr. Chow Ling, on his first visit to America, cruising in my Boston Whaler as I show him the ruins of the old Ford Motor Rouge River Plant. He turns to his wife, his chest swelling with pride, and gestures toward the black Mercury four-stroke on the transom.

"We make these at our plant in China," he tells his family.

poker13 posted 04-27-2005 12:56 PM ET (US)     Profile for poker13    
Most of the bucks are going into Brunwswick's pockets, and we won't see any reduction in price over here. So what are we going to do about it? Are we just going to take it? Or are we going to start fighting the greed and corruption that's ruining our country?
LHG posted 04-27-2005 03:07 PM ET (US)     Profile for LHG    
As Jim says, we are going to start buying products made here. He's right, but good luck. The American consumer is hooked on foreign products, convinced that our designers, engineers and workers make inferior product and over priced and over compensated, but unfortunately their supplementary, retirement income from Social security won't come from that country. If we keep on the same foreign buying and trade deficit binge, it may not come from here either, nor at all.

When you buy a foreign made product, the social security deduction/contribution from the worker's wages are paid to THAT government, not yours. So are the income taxes. You are funding their retirement program and their government, at the minimum. And their grocery store is over there, not here where your kid can work. And now they can buy more gas, too, driving up the price of yours. Real smart.

It's kind of like smoking. When you're young (less than 40 to me), you still think you will live forever, and it's not going to affect you, and that there will be plenty of time to correct the problem and break the addiction. And then, at some unpredicatable age often younger than you thought, you get the inevitable health problems. It's kind of like the guy who said "If I'd have known I was going to live this long, I never would have smoked."

It's like this with trade deficits and foreign products too.
One day it will pop up and hit you (an me) in the face. We need a BALANCE of trade, not what we currently have.

Our national standard of living (what a dollar will buy you) has been steadily declining since it peaked in 1971, the year the rib-sided Outrage was introduced. It has been no co-incidence that this is occuring as our trade deficit has been increasing in same, inverse proportions. Way back then, in the good old days, the only outboards you could buy (inferior as they may have been!) were made in Illinois or Wisconsin, and Japanese and German cars were in miniscule volumes, mostly unheard of. No OPEC either. Now look at where we are. This is not good, and there is no light at the end of the tunnel. Now, we are all FORCED to buy the cheaper foeign made goods, because we can't afford those made over here. Suzukis get bought because they cost less than an Evinrude or Mercury, proving cheap labor counts, and that is all you can afford. That's why Walmart does so well. What happens when you can't afford Walmart either, or to buy high priced gas for your boat?
That time could come

Bulldog posted 04-27-2005 03:27 PM ET (US)     Profile for Bulldog  Send Email to Bulldog     
Larry sorta hit right on it! America is becoming a consumer country and our main industry is going to the service side , not making anything! When you own stock and expect a return what choices do the companies have, but to try and cut labor costs, it's all about greed anymore. I really take offense to people that say they wouldn't buy Americian products, if we all buy from overseas, and we don't make anything here in the future, how can this go on? If you work in a country but despise it's products that your country men make, what does that say about you?I think America is going the way of another world super power, which was the most powerful country in the world, where are the Romans now? What do I know, well I'm Jack Mack the great grandson of the founder of Mack Trucks a foreign owned compnay (Volvo), but at least the trucks are still made in the USA..............Jack

PS Oh yeah, I own a Whaler, so it is Whaler related, this thread is drifting!

bspencer posted 04-27-2005 03:43 PM ET (US)     Profile for bspencer  Send Email to bspencer     
I can't begin to explain the anger I am feeling about the remark posted by "phatwhaler". I only hope he does not speak many many of us in this forum. Living here in the SF Bay Area I kind of forget how good we have it and how some parts of the Country are still stuck in the past.

First, I know of many Whaler owners in the Bay Area that are Chinese. Secondly, and more importantly my Wife is Chinese and my 13 month old Daughter is half Chinese. Yes, some of them are bad drivers. But, what the h@ll does that have to do with Outboard engines or Boston Whalers?

I'm not to happy about the chinese plants, but what can we even do about it in the current political/business climate?

Anyway, sorry everyone else, just venting!
Brent

fairdeal2u posted 04-27-2005 03:57 PM ET (US)     Profile for fairdeal2u  Send Email to fairdeal2u     
Hey what's up with the CHINAMAN crap!!

Apologies are in order. The real problem is deeper and needs more than an apology.

Its sad to see and hear what is still out there.

whalersailer posted 04-27-2005 04:00 PM ET (US)     Profile for whalersailer  Send Email to whalersailer     
Drift on...

A big part of the problem is the fact that the Communist Chinese government pegs the value of the Yuan to the Dollar rather than allowing it to float. They do this out of fear that if the Yuan is allowed to float and reflect its' true value, Chinese exports will become more expensive to the rest of the world, and they will sell less. To compound matters, most of SE Asia takes the same approach out of fear of loosing competitiveness to China.

Larry, you are pretty much right on with your assessment, except that China isn't putting all that money into social programs. They are putting a good portion into tanks and missles aimed at...guess who??? - US!

China learned a very valuable lesson from the Soviet Union - it takes money to win a war...

I'm going to be hanging my brand new E-Tec 90 on my Montauk tonight, and I'm very proud to buy American whenever I can. I just wish more people were...

-WS

poker13 posted 04-27-2005 05:05 PM ET (US)     Profile for poker13    
Hey, Bulldog,

I thought Volvo was owned outright by Ford. Well, maybe they own only the automobile portion of Volvo, not sure.

elaelap posted 04-27-2005 05:09 PM ET (US)     Profile for elaelap  Send Email to elaelap     
Doncha love it? Blame everyone--the consumers, the Chinese workers, the Japanese workers, the American workers--but don't blame the true culprits, American and multi-national corporations and their bloated, greedy ruling executives. Does any one of you really think the Brunswick CEO/CFO/Board of Directors/upper level management/major shareholders give a good goddamn about anything but putting money in their already overstuffed pockets? Do you really think they care whether Mercury outboards are produced in the U.S. or in freaking Timbuctu, as long as they get salaries, options and dividends up to 150 times that of an American production line worker?

Hurrah for the inaccurately-named free market...hurrah for bastardized corporate capitalism. We Americans are seriously blind to reality and incredibly easily duped by slicksters. Here's one example the corporations don't want you to know about--last year our wonderful 'free market' pharmaceutical industry (which howls like a stuck pig when American citizens want to exercise their free market choice and buy medications at one-third the cost in Canada) spent more money on advertising than on research and development. Think on that one for a while, if you dare...

Tony

poker13 posted 04-27-2005 05:12 PM ET (US)     Profile for poker13    
Right on, Tony. The problem really is very simple, but people come up with all kinds of excuses to protect their fantasies.
Mumbo Jumbo posted 04-27-2005 05:47 PM ET (US)     Profile for Mumbo Jumbo  Send Email to Mumbo Jumbo     
But will Mercury be dumping?
poker13 posted 04-27-2005 05:52 PM ET (US)     Profile for poker13    
Dumping? Possibly...lots of chemicals into some Chinese river. They don't give a damn about the environment there (another "incentive" for them to go there).
LHG posted 04-27-2005 06:26 PM ET (US)     Profile for LHG    
You guys can hate corporate America (and maybe corporate Japan too - talk about greedy - ever done business with them?) all you want, I sure don't care, as long as your retirement income doesn't, or won't, come from a pension plan, 401K, IRA, personally held mutual/index funds etc., which generally tend to invest in US Corporate & Government bonds, NYSE and NASDAQ companies, and money markets, which often include Brunswick and the Drug companies. When we need investment income on retirement, some have to change to the Cpaitalist side. Other than Social Security, rapidly going broke because of the trade deficit and loss of higher paying manufacturing jobs, where else will your income come from?

I bought my 1989 Outrage new, for cash, with profits wholly made from sale of some Microsoft stock, the unbelieveably greedy American company everyone loves to hate. Most here seem to like the boat. I kept people employed in FL and Wisconsin with that purchase, from dirty stockholder profits made from the invention and application of DOS and the PC.

It is now fashionable to blame the executives for everything, since it is un-American to blame the working classes, the designers, engineers, IT's, advertizing, clerical, accounting, legal, and manufacturing workers for, and all of us other "good guys", let's say, all of the so-called (I don't agree) terrible US cars and DFI outboards that have come to market. But in reality, it's all of us, but never "ME", taken together, turning out these inferior products? It's hard to blame management when the best US engineers they can hire aren't designing cars, or outboards, as good as the Japanese or Germans, and the plant workers are doing a lousy job putting them together. Or is it our collective "work ethic"? Just today, someone here called a yet unseen Verado 115 a "big pig". Brilliant.

I find it hard to buy any of this, but that's the "feel good" class warfare justification these days. Maybe we collectively need to clean up our act before we are completely bought out.

Then there is the open border issue, also breaking our financial backs, at both Government infrastructure and personal levels. I'm now going to turn off CW for a month and go boating.

poker13 posted 04-27-2005 09:01 PM ET (US)     Profile for poker13    
Excuses, fantasies...Larry's my best witness. I rest my case.
jimh posted 04-27-2005 09:27 PM ET (US)     Profile for jimh  Send Email to jimh     
Actually, back in the 1950's the country was rather full of communist agents and spies, all busy stealing every industrial secret they could get their hands on. People who don't think there were any spies in the U.S. in the 1950's ought to put these names into a search at GOOGLE.COM:

• Kim Philby
• Guy Burgess
• Donald Maclean
• Anthony Blunt

See if your local library has a copy of MY SILENT WAR, by Kim Philby, written from Russia after he defected. It is a rather amazing account of Soviet spying in the 1950's and the extent to which it penetrated all levels of our society. People like to laugh about Joe McCarthy, but in retrospect, he was on to something.

The same thing goes on now, except the industrial espionage is all to the Far East. Intellectual property theft by China has cost us $20 to 24-BILLION per year, according to William Lash, Assistant Secretary of Commerce for Market Access and Compliance.

http://www.caltradereport.com/eWebPages/front-page-1113806582.html

Well, go ahead, get that new outboard made in a foreign country. I am not worried. When I retire I can always supplement my income by working as a greeter at WALMART.

an86carrera posted 04-27-2005 09:34 PM ET (US)     Profile for an86carrera  Send Email to an86carrera     
Hey what's up with the "ENGINEER" crap!!

Apologies are in order.

This country IS being sold down the river buy the CEO's and children of CEO's (they really suck the company dry) is what I have seen being in the engineering field for 30 years.

We could design the best damn products in the world again if the CEO's would start reaching a little deeper for R&D. And take the time for long term developement of product instead of their, again fast profit on a under developed product using the cheapest choice of materials for higher profits.

I have never gotten the dollar the legal papers I have to sign to confer the right to the patents I have worked on to the COMPANY. And forget a bonus or percentage of profits from these well designed products all I have ever gotten is pink slips when they move production of my products to Costa Rica, Mexico, and God forgive us all, China. When those guys are ready they will steal our designs and tell us they can't make production for a couple of months, create market demand and sell thier more inferior product to our customers or ourselves because it's cheaper than we could make it.

Well enough of my meandering. I must say that I'm still happy with my career choice it is rewarding to see a product go to market.

By the way, do any of you big wigs want to over pay me to design some of the best products my way?

CFCAJUN posted 04-27-2005 09:43 PM ET (US)     Profile for CFCAJUN  Send Email to CFCAJUN     
Hey Tony,
I have to jump in on this one. :-) You and my wife would get along great, she is extremely well read and holds much of your belief that people are blind to the realities that really exist in the world, and we are constantly "fed" information that people in power want us to believe.

You quote:

quote:
don't blame the true culprits, American and multi-national corporations and their bloated, greedy ruling executives. Does any one of you really think the Brunswick CEO/CFO/Board of Directors/upper level management/major shareholders give a good goddamn about anything but putting money in their already overstuffed pockets? Do you really think they care whether Mercury outboards are produced in the U.S. or in freaking Timbuctu, as long as they get salaries, options and dividends up to 150 times that of an American production line worker?

Hurrah for the inaccurately-named free market...hurrah for bastardized corporate capitalism. We Americans are seriously blind to reality and incredibly easily duped by slicksters.


I have to respectfully disagree Tony. I hold the humble opinion that Americans are not being duped, nor are we blind, nor are we tricked, nor are greedy corporate suits pulling the puppet strings. I believe several things to the contrary. I believe we know what the corporate world is doing, and we really don't care. I believe Americans don't care until they are directly affected. Americans can stop buying products any time they please. This would surely end any business corruption, but we won't. We want our products and we want them cheap. As long as Joe Consumer has money to spend, he doesn't care where it comes from as long as it is good quality and affordable. Now, as soon as the product takes away his job -- then he cares.

My point is mainly directed at your idea that people need to be educated towards the "real reality", when I say the ignorance you despise in the population is there by choice. We want to be ignorant - not in a bad way, but people mainly want to be self-assured and not really bothered with other people's problems. Other people don't pay their house note, car note, utility bill, kids tuition, etc., so why worry about others' problems when we each have a stack of our own? Now I know next comes the comment that the pattern is expanding and "it could happen to me next". Well, yes and no. I believe in checks and balances, and there are a bazillion things in the world that could happen to me next. Just another reason we choose to be ignorant. By the way, my understanding of ingorant is lack of knowledge of a particular subject. Ignorant is not uneducated as a general term.

Anyway, you are a wise man, one I would call a polymath (a name I jokingly call myself). I enjoy reading your points and they help me formulate my own.

Regards,
Jamie


(OK, just a little one: a.e!)


fishinchips posted 04-27-2005 10:25 PM ET (US)     Profile for fishinchips  Send Email to fishinchips     
You can cut out the racist remarks.
Sal A posted 04-28-2005 06:33 AM ET (US)     Profile for Sal A  Send Email to Sal A     
How do you get rust stains off of the supposedly stainless steel stern eyelets, as well as off the fiberglass?
grandpas68 posted 04-28-2005 08:59 AM ET (US)     Profile for grandpas68  Send Email to grandpas68     
Sal,
I will tell you but only after you tell me how to rewire my bowlight.
Freeport Alan posted 04-28-2005 09:09 AM ET (US)     Profile for Freeport Alan    
Went to Sears last week to use up a gift card I recieved for Xmas, bought a neat set of 3 pliers { needle nose, cutters real neat } anyways on the back it says " contents made in China " .
SEARS TOOLS ARE MADE IN CHINA ??????
Boston Whalers cant be far behind @ this rate ..
billh1963 posted 04-28-2005 10:33 AM ET (US)     Profile for billh1963  Send Email to billh1963     
Quit focusing about the "racist" comment and worry more about the content of this thread. I've heard far worse on evening sitcoms; so move on!

This is typical of society...we get more worked up about political correctness than the real issues of what's going on around us.

As has been stated above, outsourcing our manufacturing base is a big issue. It will impact not only our ability to retire comfortably in the future but also our descendants ability to have a good life.

WT posted 04-28-2005 12:15 PM ET (US)     Profile for WT  Send Email to WT     
We are now in a global economy. Get used to it. Jobs will continue to leave the USA until either wages here are reduced or wages increased in the markets concerned. (Asia, Middle East, Mexico ...)

Brunswick has to adapt to their current environment or perish.

My 2 cents,
Warren

bspencer posted 04-28-2005 12:32 PM ET (US)     Profile for bspencer  Send Email to bspencer     
Racist comments are beyond being politically in-correct, its about having some common sense and thinking about whom may be taking part in this forum. Think about it, if someone slammed the lineage of your wife and daughter (two of the three loves of your life, the other being your whaler) would you laugh about it? God help the person who does it in my presence! I like good people whatever race they may be. The way Jimh runs this site I'm surprised he has not stricken the comment? But, enough about this.

I can't do much about the current business/political climate (its hard to find an American made outboard) and it ticks me off to much to think about it, but I will think about it in the next election.
Brent

LHG posted 04-28-2005 02:41 PM ET (US)     Profile for LHG    
I should note that in my last post, in response to my annoyance with Tony's anti-US corporation post, I was only echoing the typical "party line" response to the question: "Why did you buy a BMW (or a Mercedes, or a Toyota, or a Yamaha, etc)". This is most often how those buyers feel, or justify, about buying the foreign product- "Well, I bought it because US cars (outboards) are crap, inferior, ugly, poorly designed, poorly made etc etc". We've all heard it, and we've all read it here too. As someone educated in the design and engineering professions, it really infurates me, and I don't buy it for one moment.
We can produce the best, and most often do. Is E-TEC better than HPDI? Could be.

Look at the endless ridicule the Mercury Verado has taken here, a truly innovative American product, with no match until it can be Asian copied. Then look at JimH's article on the plant that designs, engineers and builds them. Very impressive, one of the best, and it shows that all this foreign "greatness" is often just marketing and advertizing hype, courtesy of hefty payments to JD Powers and publications and promoters, I'm sure. Excellent products can come from anywhere, including here

elaelap posted 04-28-2005 03:01 PM ET (US)     Profile for elaelap  Send Email to elaelap     
Larry,

Please re-read my last post. I'm not an 'anti-US corporation' person, and I'm sorry that you were annoyed if you thought I was. I'm an equal-opportunity anti-multi-national corporation type of guy. Nowhere in our Declaration of Independence or Constitution do I find mention of the word corporation (certainly not multi-national corporation), nor do I find any justification for their dominance in our nation's laws, culture, and/or social fabric. I'm especially annoyed (and frightened by) globalized corporate power, and often find myself allied with thoughtful conservatives on this issue, since a multi-national corporate structure, in our opinion, leads to the loss of not only American jobs, but of American sovereignty.

Now that's MY take on why Mercury outboard production jobs are heading offshore...along with millions of other jobs and literally thousands of erstwhile American manufacturing plants. What's YOUR explanation?

Tony

WT posted 04-28-2005 03:37 PM ET (US)     Profile for WT  Send Email to WT     
The USA can manufacture anything in this great country. The problem is that we can't do it with any cost effectiveness.

When’s the last time you bought an American made camera, TV or home electronics? I guess we can't manufacture them with any cost effectiveness.

Brunswick has to be cost effective or we will have no choice but to buy Yamaha, Suzuki or Honda outboards.

17 bodega posted 04-28-2005 03:44 PM ET (US)     Profile for 17 bodega  Send Email to 17 bodega     
I think Americans don't care all that much about white collar crime and corruption, and they underestimate the effect on us as a people.

The global multi national corps are eating up our economy by merging and laying off, moving offshore and downsizeing to reap bogus profits that are counter productive to the economy as a whole. A true test of the economy is to trace the dollar through its entire cycle and like water, see where it finally trickles down to. Corporations are the biggest welfare mothers on the planet. I think it is ok outsource manufacturing as long as measures are taken to protect or retrain the workforce to stay employed. After all, the bread and butter of large multi nationals like Kraft, Phillip Morris, BRP, Brunswick, etc is the low to middle class wal mart shopping public.

Ignorance, apathy and laziness on the part of the poople are all to blame... and I'm no fool not to include myself and my large collection of overseas built toys that are part of the problem! Nikon camera, Dell computer, yamaha engine, etc... It's hard to do anything about it, but at least we're discussing it... and that can't hurt.


It's entertaining and informative to read the opinions of some pretty smart folks.

ConnorEl posted 04-28-2005 05:49 PM ET (US)     Profile for ConnorEl  Send Email to ConnorEl     
Yes, I agree. It's the poople who are to blame!:o) We need to get rid of the poople! I've been searching for a simple solution to the very real and somewhat frightening problems outlined in this thread and am delighted to perhaps find one?

And this is not a biased remark because I are one of those poople too.

Knot at Work posted 04-28-2005 06:19 PM ET (US)     Profile for Knot at Work  Send Email to Knot at Work     
WT, I agree with you and I have one word as to why.

UNION.

Unions have SCREWED our nation as bad as the frivilous lawsuit.

17 bodega posted 04-28-2005 06:31 PM ET (US)     Profile for 17 bodega  Send Email to 17 bodega     
Hey... you makin' fun o poople... LOL

lakeman posted 04-28-2005 07:49 PM ET (US)     Profile for lakeman  Send Email to lakeman     
I have never heard anyone even the Media talk about the historical topic of Redistribution of Wealth, from the time of the Knights of the Round table to Robin Hood who took from the rich (Americans in this thread) and gave to the poor(third world countries?) and to the present day, maybe, the terrorist?. The Redistribution of Wealth it is occuring right in front of our eyes and keyboards. The corporations are giving our jobs away thus our wealth, or redistributing it to other countries to make higher profits for who ever might be in charge. The neat thing about it, if there is one, it is occuring with out war or blood shed. But, it is occuring, and then simple economics 101 kicks in and supply and demand for goods and services will rules our lifes more than ever. Wether, for oil or I-PODs or SUVis or Mopeds our lifes will change. I just can see now someone making $50 a year ago and getting a raise to $50 a month and saying wow I now can have some of the things the Rich countries have, and I want them.'

Life will change, and who know whether it will be for the better or worse, but some serious or not so serious changes in our lifes will occur.

My two cents

LHG posted 04-28-2005 07:55 PM ET (US)     Profile for LHG    
The real problem is that technology (even as simple as airconditioning) and communication has brought previously isolated, but smart and hard working, segments of the human population (the 3rd world)into rapid, and unexpected, competition with us. They, in their less sophisticated societies and environments, are WILLING, ABLE TO AFFORD, and HAPPY to work for less than WE CAN AFFORD TO. And we are teaching them HOW to compete with us! The "illegals" are not helping this situation either. These other nations workers are literally "eating our lunch", and thereby dragging down our own standard of living and ability to earn a wage, plus now competing with us for limited world commodities, like oil. It's a very serious situation for the entire 1st world, sneaking up on us like a cat does on a bird.

I don't think anyone yet knows where it's taking us. It could be that equiliblrium will be attained to some degree. But that will be disasterous for us, and great for them. Their $1/hr wage will rise to $10, and our $20/hr wage will sink to $10. We have to defeat this gigantic trade deficit, and permanent outflow of our money, much more than we have to defeat Bin Laden and his bunch of nutcases.

17 bodega posted 04-28-2005 08:10 PM ET (US)     Profile for 17 bodega  Send Email to 17 bodega     
Funny you should mention Bin Laden because Saudi Arabia owns 7% of the US economy (as of a year ago) and stand to keep sucking up our US dollar. Funny to see King George and Saudi Prince holding hands at the Texas ranch while we pump some more middle east gas into our outboards.


But why worry about a Saudi that has brought the country to it's knees. The total impact of 9/11 seems to be growing like a cancer.... I could never understand why all of a sudden Bin Laden is no biggie and "ah forget him..."

Strange days indeed Mama...

LHG posted 04-28-2005 08:17 PM ET (US)     Profile for LHG    
And just for the record, getting back to the original subject, don't expect me to be buying any Mercury made in China or Japan. I think it's a sad situation that Mercury has to set up plants over there just to get, and keep, some percentage of market share. I guess 40% of something is better than 100% of nothing. We send manufacturing of our goods overseas to reduce/equalize labor costs, but the Japanese only send manufacturing of their products over here because they have no one left to make them over there. They are all 100% employed, stashing away savings like crazy. They need American workers to supplement their own labor force. Can you afford a $10 cup of coffee in Japan? They sure can afford one here.
elaelap posted 04-28-2005 08:21 PM ET (US)     Profile for elaelap  Send Email to elaelap     
Luckily, at this time in our history we have a leader with a giant intellect, a real grasp of history and economics, and a creative vision for our fair land. Americans, you chose well at the last two elections...look how much better off we are now than we were ten years ago.

And yeah, of course it's the unions' fault. I mean it's pretty ridiculous that an American union man or woman gets paid thirty or forty bucks per hour while the poor ol' multi-national corporate CEO only brings down thirty or forty million per year. You got it right again, Knots.

Tony

LHG posted 04-28-2005 08:23 PM ET (US)     Profile for LHG    
I think larger portions of our trade deficit go to Asia, meaning Japan, China, Taiwan and Korea than to the Arabs.
Yes, oil is a problem, but so are the vehicle tanks it's going in to.

Just look at all those container ships coming in loaded, and going back empty.

dscew posted 04-28-2005 08:40 PM ET (US)     Profile for dscew    
Yeah, somewhere in Texas, a village is missing its idiot. Trouble is, that missing idiot has written blank checks in the form of tax credits to those who offshore our jobs, and more blank checks to the Saudi criminals who brought this country to its knees. Ironic that everyone in the current administration is swimming in oil while the country goes down the tubes.
poker13 posted 04-28-2005 10:16 PM ET (US)     Profile for poker13    
Economics 101, a refresher:

DEMOCRATIC
You have two cows.
Your neighbor has none.
You feel guilty for being successful.
Barbara Streisand sings for you.

REPUBLICAN
You have two cows.
Your neighbor has none.
So?

SOCIALIST
You have two cows.
The government takes one and gives it to your neighbor.
You form a cooperative to tell him how to manage his cow.

COMMUNIST
You have two cows.
The government seizes both and provides you with milk.
You wait in line for hours to get it.
It is expensive and sour.

CAPITALISM, AMERICAN STYLE
You have two cows.
You sell one, buy a bull, and build a herd of cows.

BUREAUCRACY, AMERICAN STYLE
You have two cows.
Under the new farm program the government pays you to shoot one, milk the other, and then pours the milk down the drain.

AMERICAN CORPORATION
You have two cows.
You sell one, lease it back to yourself and do an IPO on the 2nd one.
You force the two cows to produce the milk of four cows. You are surprised when one cow drops dead. You spin an announcement to the analysts stating you have downsized and are reducing expenses.
Your stock goes up.

FRENCH CORPORATION
You have two cows.
You go on strike because you want three cows.
You go to lunch and drink wine.
Life is good.

JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
They learn to travel on unbelievably crowded trains.
Most are at the top of their class at cow school.

GERMAN CORPORATION
You have two cows.
You engineer them so they are all blond, drink lots of beer, give excellent quality milk, and run a hundred miles an hour.
Unfortunately they also demand 13 weeks of vacation per year.

ITALIAN CORPORATION
You have two cows but you don't know where they are.
While ambling around, you see a beautiful woman.
You break for lunch.
Life is good.

RUSSIAN CORPORATION
You have two cows.
You have some vodka.
You count them and learn you have five cows.
You have some more vodka.
You count them again and learn you have 42 cows.
The Mafia shows up and takes over however many cows you really have.

TALIBAN CORPORATION
You have all the cows in Afghanistan, which are two.
You don't milk them because you cannot touch any creature' private parts.
You get a $40 million grant from the US government to find alternatives to milk production but use the money to buy weapons.

IRAQI CORPORATION
You have two cows.
They go into hiding.
They send radio tapes of their mooing.

POLISH CORPORATION
You have two bulls.
Employees are regularly maimed and killed attempting to milk them.

BELGIAN CORPORATION
You have one cow.
The cow is schizophrenic.
Sometimes the cow thinks she's French, other times she's Flemish.
The Flemish cow won't share with the French cow.
The French cow wants control of the Flemish cow's milk.
The cow asks permission to be cut in half.
The cow dies happy.

FLORIDA CORPORATION
You have a black cow and a brown cow.
Everyone votes for the best looking one.
Some of the people who actually like the brown one best accidentally vote for the black one.
Some people vote for both.
Some people vote for neither.
Some people can't figure out how to vote at all.
Finally, a bunch of guys from out-of-state tell you which one you think is the best-looking cow.

CALIFORNIA CORPORATION
You have millions of cows.
They make real California cheese.
Only five speak English.
Most are illegals.
Arnold likes the ones with the big udders.

Knot at Work posted 04-29-2005 07:48 AM ET (US)     Profile for Knot at Work  Send Email to Knot at Work     
I really love how everything is always the Presidents fault.

I really think it is funny that his intellect is also challenged everyday.

I am a simple person, I speak with simple words. I know in my heart of hearts that the person America elected is a good, kind, intelligent man. He has a strong moral compass. In other words I have faith in his leadership.

As for Bin Laden, just because he is minimized in the press doesnt mean he is forgotten. Ever try catching a fish when the kids are on the bank making lots of noise? Fish runs away. But be quite... and look what happens.

Lastly, it is wrong to blame the last 10 years of so called lost jobs on President Bush. He did not pass NAFTA and surrender our sovereignity. That was President Clinton. The american worker refuses to work for 10 dollars an hour so American business owners employ illegal aliens to build roofs and houses. Big Business fault? No they have a right to earn a profit as well.

I won't even comment on the unions Tony, they go deeper than 40 bucks an hour.

You want to blame someone. Blame your Congress call them and get active.

poker13 posted 04-29-2005 09:18 AM ET (US)     Profile for poker13    
dscew,

I know that "Somewhere in Texas a village is missing its idiot" is a very popular bumper sticker, but it promotes Bush's lie that he's a good ole Texas boy. We all know he's not a Texan. He's a Yankee and a member of the ruling aristocracy trying to pass himself off as a man of the people. His village is definitely missing its idiot, it's just up in New England.

jimh posted 04-29-2005 09:41 AM ET (US)     Profile for jimh  Send Email to jimh     
I started this thread to advise people of new developments with Brunswick, the parent company of Mercury Marine. I think the discussion is far off track.

[Thread closed.]

elaelap posted 04-29-2005 09:47 AM ET (US)     Profile for elaelap  Send Email to elaelap     
"You want to blame someone. Blame your Congress call them and get active [sic]."

As I assume you know, Knots, the House of Representatives and the Senate both have substantial Republican majorities, and any acts passed in Congress must be signed by our gallant president to become law. What am I missing here?

Tony

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