DragonStryk72
02-06-2012, 07:31 PM
Why to Be Glad America Isn't Making TVs Anymore By Rich Smith, The Motley Fool (http://www.dailyfinance.com/tag/@motleyfool/) Posted 4:35PM 02/06/12 Technology (http://www.dailyfinance.com/category/technology/), Google (http://www.dailyfinance.com/category/goog/), Sony (http://www.dailyfinance.com/category/sne/), Apple (http://www.dailyfinance.com/category/aapl/)
"The Japanese consumer electronics industry is one of the most prominent industries in the world and is the world's largest electronics manufacturer ..." So begins the Wikipedia entry (http://en.wikipedia.org/wiki/Electronics_industry_in_Japan) on the "electronics industry in Japan."
And you know what we should be saying to that? Good riddance. They can have it.
Despite all the complaining we used to hear in the 1980s about how Japan was "stealing American jobs" and "ruining American manufacturing" -- the same complaints we hear today about China (http://www.dailyfinance.com/2012/01/25/signs-of-a-new-industrial-age-in-america/) -- it isn't an industry that was worth keeping.
Panic at Panasonic
On Friday, one of the leading lights of Japan's vaunted electronics industry -- Panasonic -- warned that its annual earnings report for 2011, due out in March, is going to contain news of a $10.2 billion loss.
This might come as a surprise to a lot of folks who lamented the loss of America's television manufacturing industry in the 1980s and 1990s. But to anyone who's been following the industry since it moved offshore, it's hardly news that the business of making televisions hasn't exactly been tuning in stellar profit margins.
http://www.dailyfinance.com/2012/02/06/why-to-be-glad-america-isnt-making-tvs-anymore/?ncid=webmail21#aol-comments
Okay, so let me get this straight= We should be happy that the Japanese TVs businesses are having so much trouble, but why are they having this problem? Oh yeah, because their largest market is the US, and we don't have jobs. Why don't we? Because we sent almost all of our manufacturing jobs overseas to places China, Taiwan, India, and oh yeah, JAPAN!
Now look, I'm not upset at Japan, they make some pretty quality products, and they just seized on the opportunity we gave them, but when dipshits like this make comments like the above, I just can't help but get a bit pissed off at the sheer lack of brains being used here.
"The Japanese consumer electronics industry is one of the most prominent industries in the world and is the world's largest electronics manufacturer ..." So begins the Wikipedia entry (http://en.wikipedia.org/wiki/Electronics_industry_in_Japan) on the "electronics industry in Japan."
And you know what we should be saying to that? Good riddance. They can have it.
Despite all the complaining we used to hear in the 1980s about how Japan was "stealing American jobs" and "ruining American manufacturing" -- the same complaints we hear today about China (http://www.dailyfinance.com/2012/01/25/signs-of-a-new-industrial-age-in-america/) -- it isn't an industry that was worth keeping.
Panic at Panasonic
On Friday, one of the leading lights of Japan's vaunted electronics industry -- Panasonic -- warned that its annual earnings report for 2011, due out in March, is going to contain news of a $10.2 billion loss.
This might come as a surprise to a lot of folks who lamented the loss of America's television manufacturing industry in the 1980s and 1990s. But to anyone who's been following the industry since it moved offshore, it's hardly news that the business of making televisions hasn't exactly been tuning in stellar profit margins.
http://www.dailyfinance.com/2012/02/06/why-to-be-glad-america-isnt-making-tvs-anymore/?ncid=webmail21#aol-comments
Okay, so let me get this straight= We should be happy that the Japanese TVs businesses are having so much trouble, but why are they having this problem? Oh yeah, because their largest market is the US, and we don't have jobs. Why don't we? Because we sent almost all of our manufacturing jobs overseas to places China, Taiwan, India, and oh yeah, JAPAN!
Now look, I'm not upset at Japan, they make some pretty quality products, and they just seized on the opportunity we gave them, but when dipshits like this make comments like the above, I just can't help but get a bit pissed off at the sheer lack of brains being used here.