Members Login
Username 
 
Password 
    Remember Me  
Freeze-Frame Radio -> Freeze-Frame Radio Lounge -> Wow! A POSITIVE aspect of the high oil prices!
Post Info TOPIC: Wow! A POSITIVE aspect of the high oil prices!
Jeremy Riggs


2011 Super Bowl Champions!

Status: Offline
Posts: 29950
Date:
Wow! A POSITIVE aspect of the high oil prices!
Permalink  

I just saw a story on the news that a lot of manufacturing work is coming back to the USA because it's no longer cheaper to have stuff made overseas.  Especially the larger stuff.

Foreign labor costs are increasing, but the big thing is the oil, which is turning the cost of a single cargo bin to go from about $1500 to ship all the way up to nearly $6000 now.  clap.gif

North Carolina is a big furniture manufacturing state.  They have THomasville furniture, I live only about a quarter mile from Stanley furniture.  They're all seeing more orders because stores are finding their prices to be more comparable now when you take into account shipping.

Plus it's a good time to be able to proclaim your products are MADE IN THE USA  smile.gif

__________________
JD The Jazz Doctor


Grand Poobah

    



Status: Offline
Posts: 36897
Date:
Permalink  

well how about that. makes total sense if you think about it.....wow I had no idea them 2 furnature manufacturers were both from down there.


You might like this Riggs. On NPR (of all places) they were interviewing a guy who wrote a book whose stance is "In the long term, this housing crisis will be a good thing. No longer will we be a nation looking to take on debt, go into debt, or rely on our 401ks and homes to automatically generate income and equity. We will finally be a nation of SAVERS.

The name of his book is something like "CONSERVATISM WILL ONE DAY RISE AGAIN".....biggrin.gif

__________________
"And like Web, I enjoy throwing JR under the bus.  Problem is, it's usually under the special bus that I ride every day". Ghostdancer 12-18-09
Jeremy Riggs


2011 Super Bowl Champions!

Status: Offline
Posts: 29950
Date:
Permalink  

I can believe that.

I REALLY, REALLY believe our system works. Democrats / Republicans. Conservative / Liberal. Free market. It all works in the end.

Don't get me wrong, I'm really concerned about the economy right now. But I'm really not afraid to not do so well, as dopey as that sounds. I know I'll always get by no matter what, and if it's hard on me there's always someone out there that it's even harder on.

It's good to see there are positive effects of a bad economy.

I'm sure once things balance out and we're all doing better they'll start shipping the jobs overseas again and we can start the cycle all over again.

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
Freeze-Frame Radio -> Freeze-Frame Radio Lounge -> Wow! A POSITIVE aspect of the high oil prices!
Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse 		Powered by ActiveBoard