Besides, Wal-Mart and others who survive on cheaply manufactured goods would have to close their doors if we started manufacturing the majority of our products here again.
I doubt it.
Those stores which we so unprofitable they couldn't survive would close, but others would simply adjust prices to match costs. Producing things locally means more local jobs, less welfare, more government revenue (which can mean less taxes), and all the flow-on effects - more local expenditure, local investment, etc. It doesn't need to be mandated by government either, you can go out and buy locally (or nationally) made stuff. It does exist, but you'll need to go off the plastic highway to find it.
I'm all for having foreign goods in the economy, but I must admit, the combination of a lack of American goods, along with the population's complacency about "buying American" has really brought up a problem.
So far, according to my Econ class, nearly all of the products at Wal-Mart are made outside of the States. It doesn't matter if it is an American company or not, electronics, clothing, baby supplies, toys, bicycles, and plenty of other things are made outside of the States.
Granted, this is Wal-Mart, and there are still American products out there, but where are they? Even American automakers assemble their engines or their chassis' outside of the states in some percentage.
I look around at what I have:
-Pencil (USA) -Eraser (Malaysia) -Phone (Korea) -Phone Battery (Japan) -Contact Lens Drops (Ireland -- yeah, Ireland) -Calculator (China) -Laptop charger (China)
I could go on, but you get the point.
Even if American products are still out there, where can I find them, and when are they ever advertised? I have seen one billboard to "Buy American" and it was a Ford advertisement.
I know that the lower prices are great, but wow, everything is made outside of the states, except for my pencil, which I find very odd. I'm not going to strictly buy American products, because i am cost-driven like so many other people, but I have definitely tried to buy less foreign products ever since realizing how much of a problem this is.
I'd say that outsourcing is helping to cause our economy going down just think for a second, almost all American manufacturing industries have been outsourced, creating a huge loss of jobs many jobs left in the USA now no longer have benefits, and don't pay really as high as nesscecary because of this inflation because people are spending less, the economy goes down, and small family buisnesses suffer because they usualy cannot match price stores and because people are spending less, the economy goes down so the cycle continues
really only about 3 things are made in USA (flags, some cars, and people) and thought of everything else is imported but that keeps prices low...so why do you care?
Thing is, since all this oil price crap is so high, no benefit for having so called cheap labor.Only more profit for a few while China gets more, we get less and leass, all this global trade is only good for everyone else accept USA. And the world couldn't be more happy, up until it comes back to bite them in the ass.We are used to having things and not live in tents, when it all goes away you will see far more pissed poor people than any other country, a riot will be an understatement.
Quetron;4306957Thing is, since all this oil price crap is so high, no benefit for having so called cheap labor.Only more profit for a few while China gets more, we get less and leass, all this global trade is only good for everyone else accept USA. And the world couldn't be more happy, up until it comes back to bite them in the ass.We are used to having things and not live in tents, when it all goes away you will see far more pissed poor people than any other country, a riot will be an understatement.
What are you talking about? Globalization has made American corporations the largest and wealthiest in the world. You can blame the capitalist system for the fact that the average American doesn't profit so much from that.
I don't know if you're being sarcastic or not, but really it's frustrating how when any projects hints at "common benefit" or "social program" it's immediately discarded as evil socialist agenda in the U.S.
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