Saturday, October 25, 2014
Made In Bangladesh
I was forced to drive to the Park Meadows Mall out in suburban Lone Tree to buy some new slacks from J.C. Penney last weekend. After a mere 10 months, the slacks I currently own are ready for the rag pile. Is it my imagination, or is the quality of most consumer products a lot poorer these days? I checked the tags and the 2 pairs of Dockers I purchased were made in Bangladesh. I guess the Levis Company can't afford to make them in expensive labor markets like China anymore, with the result being a poorer quality product. And this begs the question: Will more manufacturing jobs be moving from China to Bangladesh? And if so, can 1.3 billion Chinese find work in the service sector? Time for a major market expansion by Starbucks and McDonald's , I'd say.
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