2,907 karma · joined October 31, 2010
Let them eat cake.
All of this was by design so that big corporate interests could get cheap labor and increase profits. Since the US government is for sale to the highest bidder, and the corporations have no loyalty to the country, they will feed off the host until it can no longer sustain itself and then look for another host to feed off of.
It's interesting how as certain things age, such as cars, cottage industries pop up to do just that when new replacement boards and parts are not available.
The other issue is cost cutting. Many components are made cheaply and fail pre-maturely. Great examples of this are mains voltage LED bulbs where the rectifier circuits that power the LED's fail, but the only real option is to replace the entire thing, creating a lot of e-waste in the process.
How many are left when you are done? Same number, just in different branches.
1. Offshore jobs, maximize profits and take advantage of incentives to offshore. 2. Political winds shift. 3. Talk a good game about needing to onshore, make some token moves to move a small token amount of manufacturing back to the US. (You are here). 4. Once the admin changes and/or mid terms, continue to spend more on offshoring.
When the unemployment rate for fresh American college grads is the same or higher than those without a degree, it does not make a compelling case for spending all of that money and time on a degree.
Would love to hear from one of the founders on what they are doing to address that.
The lloyds numbers you shared show a steep decline in investment over the past three years.
The IDC is an arm of the South African government, so having it call itself a top investment destination is like having a marketer trying to sell you on their own product.
The UN report only shows the inflow by region, not country.
The PWC report shows everything being down with the exception of net operating cash flow which does not tell you a lot about the sector as a whole. Their predictions do not point to anything to substantiate their prediction of 5.7% per annum manufacturing GDP growth. Of course then again, if these numbers are not inflation adjusted and inflation is at or above 5.7% then that may be where that is coming from.
Given that the average GDP per person is 8k US a year, without a significant increase of the GDP it's not possible to increase the standard of living for the population has a whole. You can't get blood from a stone.
The larger you went though, the more you had to be mindful about the cost of eash shot both in terms of time and cost for film and developing. There is something to be said about the curation that happened when taking photos like that. You put a lot more though upfront into composition and had to think about your shutter speed, aperture etc..
One thing I learned about during that time was how the old time press photographers would use a Speed Graphic on 4x5 negative, grab a wide angled shot and then crop it. Also, press conferences used to create a lot of broken glass as photographers would snap a shot, shoot out the one time use flash bulb on the ground and then quickly put in another bulb to get another shot.
https://en.wikipedia.org/wiki/Energy_in_South_Africa
Because of this many companies are reducing staff or pulling out. https://businesstech.co.za/news/energy/837719/important-busi...
....and that's before we get into things like Transnet and SA Air. I'd love to see the country succeed, but putting your head in the sand and denying that there is a problem will not fix things.
https://currencynews.co.za/manufacturing-meltdown-south-afri...
It sounds like you prefer communism over capitalism. Sadly, South Africa is heading towards communism. The only consolation is that then at least everybody will be poor.
- Many communities still rely on water trucks instead of water pipe infrastructure. The government loots the funds for it, meanwhile the entire system is on the verge of collapse and there are regular water shortages.
- With the electric grid, the amount of load shedding in the past few years where people are regularly without electric to 6-8 hours a day is absolutely crazy. The country didn't used to experience that. Also, cable theft is common, which wasn't an issue 30 years ago.
- 1.6 million people out of 66 million pay 76% of all taxes.
- Public healthcare in ZA is bad and not recommended by anybody who values their life.
- South Africa has more race laws today than it did during apartheid.
- It has a violent crime rate that is one of the highest in the world.
- Unemployment is high.
- It has suffered from massive underinvestment in infrastructure over the past 30 years.
- Extremely high levels of government corruption.
One thing that really brought home how the situation is in South Africa is was when I was talking to someone I know who works for a furniture company there. They used to make all of their furniture in the country, but recently started importing it from China because that is cheaper than producing it locally. Keep in mind that is with an average daily wage of $30 for a factory worker. If a country with South Africa's nature resources and inexpensive labor cannot compete with China for manufacturing furniture for the local market, it is deep trouble.
That is probably why the CEO of a local Tile Manufacturer recently said that South Africa is one of the worlds least manufacturing-friendly economies due to onerous regulation, infrastructure deterioration, energy uncertainty and rising costs.
For the past 10 years the Ruby community had been co-opted by political activists. Things like COC's and the Contributor Covenant etc. started in the Ruby community. The activists went after many top contributors in the community because of personal political beliefs etc, instead of behavior in the community itself. Some even called for ejecting DHH, the creator of rails, and Matz, the creator of the language, from the community.
When the Overton window finally stopped shifting to the left and started to move right, a lot of people who had remained quiet due to real threats of loss of business, work etc. finally started to speak up. DHH was one of them and has been very outspoken with his beliefs that open source software should be a-political and open to all instead of the political purity tests the activists were pushing.
From what I observed, when I was in involved in the Ruby community, Arko appeared to be a political activist. While there may have been an actual security concern here, my guess is that this had more to do with a desire to not have someone who may have been involved in trying to eject the top creators in the community being a point of failure for key infrastructure for the Ruby ecosystem.
It will be interesting to see if they also apply more customs scrutiny to checked luggage for air travel when returning to the United States. Right now they are not. But, if you go to places like Costa Rica, which has had high tariffs on many imports for years, they make you scan all of your luggage when you enter the country and will stop and scrutinize what you are bringing in. CR will also periodically have raids on retailers who obtained goods that circumvented customers via things like clandestine border crossings.
There will be some secondary challenges with enforcement of this as some decide to roll the dice, import illegally and hope to not get caught. If there is enough of a price difference between buying something with a high tariff in the US vs locally I can also see some people travelling to Mexico or Canada to buy some higher dollar smaller items if the cost savings offsets the trip.
You will also start to see people with ties to big tech being hired to actually compile the data.