[TheForge] Peter Schiffer obituary
A Vida
osan at netlabs.net
Wed Feb 4 10:41:18 EST 2009
Consumer at fault... to a degree, yes. Artificial labor arbitrage due
to trading with non-free economies such as China are a far bigger
culprit. Free market economies only work if in fact the markets are
free. ALL free. As far as I can tell, none are. Not a one. We're the
closest thing to it and we're not there by a fair shot. Those who say
"see! free market capitalism doesn't work!" are numbskulls who don't
know the first thing about the topic.
The way of the world - humans. Oh well.
xlch58 at swbell.net wrote:
> Andrew Vida wrote:
>> PlumDon at aol.com wrote:
>>
>>
>>> Interesting to note that he finally had to take a lot of his operation to
>>> China. Not because of the economics but because he could not get the
>>> printmaking and formatting quality he wanted here in the states.
>>>
>> And people wonder why we're having economic problems. Sheesh
>
> It was definitely the economics. He couldn't get the printmaking and
> formatting quality he wanted here in the states at the price he
> wanted. I know a lot of printers and all of the higher end ones are
> struggling. My wifes family has a very large operation and is known as
> one of the top quality printers around, doing a lot of work in the past
> with annual reports and prospectus' (two jobs that in the past, people
> wanted the very best). Problem is that print is declining in general,
> and in economic situations like we have now, one of the first things
> companies cut is their print budget. It's well known enough, that
> another printer friend looking for a loan was flat out told that
> printers are on a "do not lend list" right now. The in-laws have been
> around for over a hundred years, so hopefully they will weather it.
> Quality printing takes well maintained equipment and skilled employees
> with an eye for detail. Both cost here in the US, you don't get it by
> running a different set of illegals through your business every week.
> There is still a lot of art to it and every machine has its feel that
> the press operator learns. The US definitely has the quality printers,
> just not cheap. "could not get the quality they wanted here in the
> states" is true in a very few specialized areas, but usually they are
> not completing the idea, i.e. could not get the quality they wanted here
> in the states at a price that allowed them the profit they wanted" Not
> to pick on Peter S, ultimately, it is often the consumer at fault. The
> consumer won't pay more than $50 for a picture book, and to get a
> quality one done it is going to cost $51. Negative margin. If he is
> addicted to quality he has to choose between no product and one made in
> China.
>
> Charles
>
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