Bible Lobbyist: We Can't Print Bibles in America Anymore
mattstoller.substack.com
mattstoller.substack.com
Probably a sort of flamebait title for a site like HN though, to say nothing of being a bit flamebaity once you get to the underlying point too. But under that, if we can manage to find it, there's a topic worth discussing.
I was pleasantly surprised.
> the Chinese government is cracking down on the 60 million Christians inside China, with party plans of “retranslating and annotating” the Bible to establish a “correct understanding” of the text.
https://www.theguardian.com/world/2019/jan/13/china-christia...
While I was there it was noted that any version of the Quran which was not in Chinese was banned and needed to be turned into the authorities because only the official Chinese translation was permitted.
> Bibles and prom dresses don’t matter so much, but a few months ago, the head of acquisitions for the Air Force, William Roper, noted that the U.S. had to depend on only two prime contractor makers of fighter jets, down from 13 in the 1950s
Additionally the ending letter was very interesting as well.
Massive consolidation within the defense industry began after the end of the Cold War.
According to the Department of Justice (DOJ), the majority of the mergers occurred
between 1990 and 1998.
[...]
In 1993, then Deputy Secretary of Defense William Perry held a meeting with defense
industry leadership to inform them of drastic reductions in future defense expenditures
and to encourage them to consolidate. That meeting earned the sobriquet "the Last Supper."
[...]
The DoD had a policy that paid restructuring costs to consolidating companies, which
allowed government and the company to share in the savings realized to the government.
The policy gained congressional and public scrutiny because it seemed to reward contractors
for undergoing large-scale downsizing or streamlining of the workforce in the name of
cost savings (GAO, April 1996, 3). This procedure earned the stigmatizing label
"payoffs for layoffs" from the media.
That consolidation was their own doing. In 1998, DoD unexpectedly reversed the pro-consolidation policy
and urged the Department of Justice (DOJ) to reject theproposed
merger of Lockheed Martin and Northrop and the proposed General
Dynamics acquisition of Newport News Shipbuilding.
https://www.dau.edu/library/arj/ARJ/arq2001/Deutch.pdfIf you had a product and both identical, one made in America, other in China, the later one costs half the price, both same quality. How many would pay the extra for something made locally - is it gets down to exactly that and why many local industry has died or shifted away.
Same thing is playing out with high street's and shopping malls with internet shopping. How many of those internet consumers will be the first to moan that they can't pop into a local shop any more as it has closed down.
Consumer loyalty is and always pretty much been price/quality over country loyalty. Ironically brand loyalty holds more water than country of manufacture. For me personally, the last time country of manufacture was a thing was in the 70's/early 80's for electronic goods with Japan having as a country the same level of brand loyalty that Apple has today.
But things change, robots are advancing and production line automation with robots is always improving. You may well see manufacturing comming home, albeit done by robots as that is the only way your going to see competitive balance against cheap labour. Though, how many then will have that ethical quandary about what happened to all that cheap labour that is no longer needed. But then, price/quality always seem to be the main drivers and I'm not seeing that change anytime soon. But I'd love to be wrong upon that.
As Julius Krein has written about extensively, this goes way beyond the nostalgia of wanting to "make things" again. When we started offshoring, it was under the assumption we would be moving UP the value chain to building more complex and advanced technology, but the reality is we are moving down. The 21st century "tech" job is an Uber driver. That is a terrible thing for America, and I fear that people continue to underestimate how massive a problem it is.
https://www.econtalk.org/susan-houseman-on-manufacturing/
Almost all the growth in US manufacturing is in semiconductors.
This wasn't obvious because economists made an accounting mistake when calculating trade flow. Everybody repeated the misinformation from the same source and so everybody is wrong.
In my opinion this should have been headline news for weeks.
In the end, the lobbyist is trying to continue to keep a cheap source of production so profit margins from sales are higher. If printed in the US, their costs would be higher so they would not make as much per bible, and any price increases to the consumer would be slower than their cost rise so they kept demand relatively high. (Speculating, but typically consumers don’t like rapid price spikes)
Note that is 2006, but does give you insight and with hindsight, a better idea how we got here today.
[0]: https://www.cia.gov/library/publications/the-world-factbook/...
I don’t see the issue. Since evangelicals overwhelmingly support Trump, they should be willing to pay the price for his trade war.