TWIF pg 136-222 Response to the Reading

Flattener #6 Offshoring:
"American companies that produce at home and abroad, for both the American market and China's, generate more than 21 percent of U.S. economic output, produce 56 percent of U.S. exports, and employ three fifths of all manufacturing employees, about nine million workers. So if General Motors builds a facotry offshore in Shanghai, it also ends up creating jobs in America by exporting a lot of goods and services to its own factory in China and benefiting from lower parts costs in China for its factories in America."
I think this is really great. A great way to create jobs both here in America and in China. Im sure this is happening in other parts of the world too. There are too many people here without jobs, and im sure there are many there in China too. We need to work with other countries more in these kinds of ways to better ourselves and better others' situations.
On page 158 the author discusses of how businesses distribute their products throught companies like Wal-Mart. Walmart takes steps to lower costs from its suppliers and also takes the intiative to find out what its customers are buying to see what they should buy more of from their suppliers and how much they should invest in certain products. I think Wal Mart is a great store, lots of good stuff, for fairly cheap, although nothing is cheap enough for me. Some might see Walmart's tactics of dealing with their distributors and finding out what their customers buy sorta sneaky, but i see it as being tactful and pretty smart. Although it doesnt seem to benefit their distributors very much unless the product sells well, i think its still a good strategy on Walmarts part.