Re: Dumping

From: Mike Lorrey (mlorrey@datamann.com)
Date: Thu Dec 27 2001 - 12:29:04 MST


Randy Smith wrote:
>
> I disagree. The Japanese culture is a great fit for producing consumer
> goods--they have a quality fetish; highly socialized; highly aesthetic
> sense; and their wages are lower. Their autos are clearly superior, as just
> about anyone who have bought and driven many of both American and Japanese
> cars can tel you (or Consumer Reports for that matter).
>
> Whatever consumer products they target, they will dominate. Period.

Actually, Japan has one of the worse wage/productivity ratios in the
world right now, primarily because of the top-heavy overhead of an aging
population of 'salarymen'. What you get paid is really irrelevant to
what you produce for that wage.



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