Title: People, it is time to help the US economy now!
This post is in response to the news / article AP (Associated Press) posted and is available on Yahoo’s Finance page. The title is “Companies brace for end of cheap made-in-China era”. URL: http://finance.yahoo.com/news/Companies-brace-for-end-of-apf-2437567795.html?x=0
For years the American people have blamed big businesses such as Wal-Mart to hire Chinese cheap labor, which forces the Chinese people to work in unhealthy conditions, and had little or no knowledge about labor laws. Chinese are now standing up for their rights, and according to the AP, are demanding better working conditions and better wages. So, is that good? The answer to this question depends on who is asking.
Many big businesses are trying to leave China, and CEO of GE, Jeffrey Immelt is also searching for a better location other than China. Based on today’s news, it seems Google might stay in China for little while now.
Many are now starting to believe that “If costs go up by half, it's about the same price as in the U.S. And you don't have 30 days on the water in shipping” (see link above). I agree to this, and is that so bad? Well, I say no. It is a great opportunity for American companies to keep the work in this country at this time and hire people locally. This might increase the overall cost just little bit, but will decrease the delivery of the products by weeks. And after all, who does not like companies that hire local work force. People are looking for jobs, and this is a great time for American companies to head back home and hire local labor force and help the economy.

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