Long-Term Harm From Outsourcing
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“Radio Flyer Follows Low-Cost Production Pathway to China” (March 31) is a perfect mini-example of the outsourcing phenom.
The statement that “its Chicago plant was too expensive to maintain” translates simply to: “We want more net profit from each sale.”
Not a bad axiom from the corporate point of view, but is it really good for America?
Assuming a Radio Flyer from China will sell for the same price -- as it most likely will -- as one made in the U.S., who wins and who loses?
The net result of outsourcing is a redistribution of wealth that benefits a relative few in the short term, while damaging the American economy in the long run.
Stu O’Guinn
Huntington Beach
Inside the business of entertainment
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