Tue Feb 28, 2006 12:25 pm
John,
You think that selling in that environment is upsetting, try to be a U.S. manufacturer and have to survive against China-Mart and its big partner the U.S government who is trying to put all manufacturing off shore.
We know that we can compete on a level playing field even though we pay 10 to 100 times the wage. Our government forces us to comply with the most stringent environmental law and regulation in the world while our competitors are allowed to dump freely which we as taxpayers will eventually fund an enormous clean-up effort in order to save a spotted toad. This, not to mention a few other costs that the China-Marts don't pay like, employee insurance (medical, workers comp, liability), ever increasing utilities, OSHA mandated work place and taxes.
I would be more than happy to make 10%. My margins are more like 1%-2% at best.