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The automotive industry in the U.S. is one of the areas that is doing fairly well now that they have re-organized and are making more efficient autos. Even most of the foreign car manufacturers have assembly plants here and provide good NON UNION jobs in communities that had limited opportunities. The repair/service part of it does well also. Anyone who has taken their vehicle in for service lately can tell you that.
My belief is that unions have overstepped causing manufacturing jobs to go elsewhere. You can't pay unskilled workers the kind of wages unions demand and compete in a global market. Think about that while you eat your last Twinkie.
Pass the FairTax bill in Congress and manufacturing will come back to American soil.
Nobody seems to pick up on the fact that the repair bills on appliances have made it more practical to buy new. It, if I remember right, it costs you $65.00 for the guy to show up and then the hourly cost, plus parts. To me in most cases would dictate buying new. Not to mention when you can get them to show up, which sounds crazy if their not busy anymore.
If you live in Florida getting anyone to show up, much less on time is no small undertaking. You would think in these times they would be beating a path to your door.
Is wallmart stronger than government.
he send over 1 million job to china
82% of his workforce are on food stamp and welfare system
It's often more expensive to repair an appliance than to replace it with a new one. Even when it costs less to repair, it's still impractical to put the kind of money it takes to repair a machine that is several years old and likely to break down again.
Case in point, our front loading, high efficiency washer broke down at just over ten years old. The main bearing carrier broke which caused damage to the drum, and the bucket it sits in. Those parts were damaged when the bearing housing broke. The drum, the tub, the bearing housing and other parts were going to cost 1300 dollars, plus the labor. A couple of years earlier it cost us 400 dollars plus to repair the matching dryer.
A service call to determine the problem and give an estimate for repair costs seventy-five dollars. That is usually applied to the cost of the repair. Repairs on average, according to the service techs that have come to our home cost in the 400 dollar range. If it's the computer control module, it's much higher.
Why would anyone think it makes sense economically to put that kind of money into machines a few years old when they can be replaced with new, more efficient appliances. It makes sense only if you cannot afford to replace them, so you pay a lesser amount and roll the dice hoping the remaining older parts hold up for a few more years.
I challenge the premise of the lead-in statement of "Americans would rather buy a new fridge" and item of "Dying: Appliance repair".
Rather, Americans are getting tired of being ripped off by an under-regulated industry, and a lack of means to follow up.
Our refrigerator for example: one of the newer models that are supposed to be more energy efficient. We don't see it. There is a design flaw (if you were to look up the model #; you will see not only the same complaint time and time again, but a couple of postings on how to work around the issue). Further, when Sears came out to replace the fan, they wanted $150 just to walk in the door. They charge "book rate" for repair, however - they won't let you see “the book”, and time for repair is off, WAY off in their (the repair shop’s) favor. (The claim was to R/R the cooling fan in 45 minutes, I was able to do it in 15, and I've never looked in back of one of these before). The on-sight repair guy wanted to charge us about 50% MORE for the same part then to order it from the store (in person) -- which was about 25% more than looking for it on line, which was about 50% more then the value of the part (fan motor). Come on now, I can get a computer fan for less than $20, why do I need to pay $125 for the fridge fan who's only claim to be expensive is the custom size & electrical plugs that they put on it?!?
ALSO, once the item is repaired, the part only will have a brief warranty (30 day for the PART is normal, and one might be lucky get a 90 day warranty). A new appliance one comes with at least a one year, with extension(s) available from the retailer.
Though most people couldn't anyway, one cannot take the appliance to the shop to be repaired.
The business model needs to be changed... from "screw the customer anyway you can" to "What are good business practices to keep our customer coming back"
The Saudi's are investing heavily into producing solar panels for local use and exports.
Exxon's investing heavily into algae, that produces about 2,000 gallons of gas per acre per year.
North Dakota can produces 25% of America electrical need with wind farms.
Then future belongs to those who can grasp it.
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[BRIEFING.COM] The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and the Russell 2000 (-1.3%).
Equity indices displayed strength in the early going with the S&P 500 tagging the 2,019 level during the opening 30 minutes of the action. However, ... More
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