>Average Niggerian wage per year = 3.000USD
>Average Chinese wage per year = 6.000USD
>Average Colombian wage per year = 8.000USD
>cost of having 1k colombian factory workers = 8 Million dollars
>cost of having 1k niggerian factory workers = 3 Million dollars
Take into account niggeria is the second biggest black african economy behind south africa.
>Cost of average american factory worker = 45k a year
Going for the low cost, really, as some american workers cost easily 60-80k a year.
>Cost of having 1k american workers one year = 45 Million dollars
It's basic math burgers.
Unless you cheapen out your wages, you can't compete.
You could literally increase chinese exports by a huger margin and still would be cheaper just to keep having chinese workers or lol, move them to cheaper countries.
Hell, you could hire an uganda worker an entire year and it will cost less than 200UDS a month.
There's currently 2 Billion people living with less than 2dollars per day.
>but muh Trump memes will make america great again
>pol told me
>Cost of average american factory worker = $45K a year
I get about $25K per year.
While I'm not going to challenge the main point: I will point out that locating factories in China or Nigeria is going to greatly increase the overhead in other ways. The level of bribes you have to pay in highly corrupt third world nations seriously eats into profits. Additionally, if America is your target consumer, shipping costs money. This can be insignificant (if you're manufacturing iPhones) or prohibitive (if you're manufacturing cars,) and the present distribution of American manufacturing reflects this.
Don't forget how many Nigerians it takes to manufacture something compared to an American; wage costs vs labor costs. Then you've also got the infrastructure costs, political stability risks...
Also let's not forget training the worker. Good luck getting them to assemble something efficiently that they have never used in their life and didn't know existed until a week ago
Good luck when the Nigerian gov takes your factory or when that cheap labor steals your materials or cant even show up to work.
Like Mr Wonderful says.... "Money goes to where it feels safe" no one will ever say this but real non corrupt money attracts to the people with the most integrity and the ones that are morally superior. Lying, cheating, and stealing is never works in the long term and thats why no money goes to Africa, because you cannot trust those animals. People think giving money to them will help, ha a proper philosophical base is what is needed to turn Africa around aka capitalism
But the peace corps would never think of doing that
>Also let's not forget training the worker. Good luck getting them to assemble something efficiently that they have never used in their life and didn't know existed until a week ago
It's not difficult to assemble products on an assembly line. The work itself is usually quite manageable, and takes really only hours or a few days to get down.
But how many of these workers are skilled? How many have went to school / have been trained on the job?
Remember. If you're manufacturing pumps, motors, anything with metal; it typically requires machinists.
If you install CNC machines, and use your general labor hands as part-loaders, you will still need to have a CNC programmer who can program the machines.
If you try to push a new product with partloaders as your CNC Operators, it will be difficult, as they can't read blueprints and program the machine like a CNC machinist could.
There are also other positions that relate to chemicals, mixing, etc.
The U.S typically has skilled workers, and its manageable to fill these positions.
But but they deserve strong union wages! Everyone should be paid $60k/year!
>Americucks actually believe this
>they ignore that Detroit has 0 jobs thanks to trying to force businesses to pay crackheads $100k/year for installing dashboards
No, it's not difficult. But you have no idea how inept these people are. They can't read, write, operate a machine, they don't know how to do anything. They're also not at all motivated to do a good job and don't really care about coming in to work.
They don't have a culture of work ethic, and they don't understand the concept of "export quality".
>Payroll tax is deducted from the worker's paycheck
Only half of the social security and Medicare tax is paid by the worker. The other half is paid by the employer. The employer paid portion isn't shown on a pay stub, but it is a cost to the employer.
In addition, employers pay workers compensation insurance premiums and unemployment tax on every employee.
Typical payroll tax rates vary by industry, but range from 12%-20% of gross pay.
That's before any employer paid health insurance, pension/401(k), disability insurance, or other benefits.
It's not unheard of for burden expense (payroll taxes + cost of benefits) to be 40%-50% of gross payroll.
You see op, some countries have lots of inskilled workers and almost no machines. Then dome have tons of skilled workers and lots of machines. The first economy is good for labor intensive industries. The siuation you describe is why shoes are always made in places like china and nigeria, no matter how much the us garmet industry fightd for subsities otherwise.
Countries like the us can focus on high skill capital intensive industries. This is why you wont find the sillicon valley in nigeria. I know youre trolling but theres your answer.
The stipulation in your post is pointless because it doesn't take into consideration the cost of the factory or the fact that you probably won't be able to build a factory in Nigeria for your lower cost workers to make crap. And not only the factory, but the entire end to end supply chain and manufacturing support infrastructure that's needed- to which China does better than almost anyone else
>give a nigerian his wage
>he won't show up anymore until he runs out of money
>make a nigerian angry
>he breaks your machines
>don't have a white supervisor
>nothing gets done, stuff gets stolen