5 Big Money Uncertainties for Retirees

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My question is this:
If you were fortunate enough to invent a product showing massive demand and the potential for million$$ annually in revenue...would you make sure the product was mfg'd in the US at US cost or would you move the production to an overseas mfg'r of equal quality for, let's be conservative, a 30% increase in your bottom line profits??
The idea of having all US products built in the US is lovely but since Americans EXPECT more $$$ from their job, no matter how much they DESERVE, is what makes the logic of having any product built, within its needed specs, at the lowest cost...it's simple financial economics. The increase in profits for any company can be spent on hiring or expanding, company funded retirement plans, bonuses...you reduce the profits and you reduce any companies ability to expand and grow...it's just that simple.
if you are upset about simple labor factory jobs going overseas, go get a degree or advanced skill set to become a more valuable employee...

Hughes of AL 3:52PM February 02, 2011

I don't know how old JR Gordon of FL is, but I would suggest to him that the generation of the currently retired and baby boomers is the responsible generation that proportionally has and will put more money into the system than the present generation(s) are so doing or will do. Hence, we are not freeloading off of the next generation, we are receiving what we rightfully scrimped, saved and planned for in our retirement. It is the greedy wealthy few and the monopolistic corporations that are "taking from the next generation" by not paying their share of taxes, cutting domestic jobs and sending them overseas in order to make huge profits to fill their own pockets even fuller.

JRT of LA 11:48PM January 04, 2011

Hopefully, 2011 will see a return to sanity in government - or at least a start. Baby boomers and current retirees cannot continue to take from the next generation through enormous spending programs. To me, AARP's principal two objectives are to provide high incomes to its executives and to rob future generations of Americans.
America has a rich history of individual responsibility - complimented by a safety net for those disadvantaged through no fault of their own. However, we cannot continue to reward those who overtly ignore their education, health, and finances.

JR Gordon of FL 3:59PM January 04, 2011

I think the politicians, as citizens of this country, should do some giving up as well as everyone else. It seems to me that anymore we have too many chiefs and not enough indians. Once people can't work anymore, it seems that all they are to you is a problem. We treat our criminals better!! Wow! Everyone should get free housing, medication, hospitalization, education, etc.. Why do all of us have to continue to support everyone else, and all the government wants is more. Something is all wrong! Desperately wrong!

Jean of IN 10:53AM January 04, 2011

As usual the poor and the aged will pick up the tab for the wealthy crooks who stole everyone's savings. I will not vote for any politician who gives a yeah vote for modifications, in the downward direction, on social security and medicare. I will check on these people and spread the word. The largest white collar crime ever committed in the world went unpunished. We should not be the police force for the world, if we are to deny benefits to the poor and the aged in this country.

John Hayward of CT 9:00AM December 25, 2010