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"Buy American"
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| Temperate |
| Does anyone support this? I don't understand how this can help our economy. If anyone can explain it to me, please do. |
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| Shakka |
| quote: | Originally posted by Temperate
Does anyone support this? I don't understand how this can help our economy. If anyone can explain it to me, please do. |
It helps your economy because you buy "American Made" products, made by Americans in American factories with the profits thus benefitting companies that produce in America, and thus cycling that money through the American economy. The alternative being buying Chinese made goods where the money goes straight out of America into the Chinese economy.
Think about it more locally. i.e. if you bought a glass of lemonade from some kids on your street vs. going to the grocery store or some other neighborhood grovestand to buy it. In the former case, the money benefits your neighborhood directly as those kids might be using their profits to put in a local park or something. In the latter case, you send the money somewhere that is less likely to result in any tangible benefits that your neighborhood might otherwise see. Dumb analogy perhaps, but hopefully illustrative of the point.
I'm not going to get into trade imbalances, outsourcing, tariffs, currency deflation, etc., here. Just meant to be an overly simplistic example to convey the point.;) |
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| josh4 |
| quote: | Originally posted by Shakka
I'm not going to get into trade imbalances, outsourcing, tariffs, currency deflation, etc., here. Just meant to be an overly simplistic example to convey the point.;) |
audience: awwwwww... :( |
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| Temperate |
| Then why are trading sanctions such a threat to countries? |
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| jdat |
| quote: | Originally posted by Temperate
Then why are trading sanctions such a threat to countries? |
From an ideoligical point of view all countries would be self reliant but that is impossible especially in todays global marketplace, we all feed off each other for our economies to strive and work.
It would still be feasible for a country to be fully autonomous but everyones wants a piece of the global market so no one goes that route.
Trading sanctions equal lesser import/exports equal a struggling country as no country is today fully self reliant. |
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| The Greek |
| I tried once but couldn't find anything made here. |
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| stren |
| quote: | Originally posted by The Greek
I tried once but couldn't find anything made here. |
haha that is true |
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| Lover Boy |
| quote: | Originally posted by jdat
It would still be feasible for a country to be fully autonomous but everyones wants a piece of the global market so no one goes that route. |
Perhaps a reason communism fell? |
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| LazFX |
| quote: | Originally posted by stren
haha that is true |
+1 on that |
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| jdat |
| quote: | Originally posted by The Greek
I tried once but couldn't find anything made here. |
Either you didn't search long enough or when you did find something made in the United States it was too expensive for you to even consider buying :p
An example that comes to mind are some high end toasters that cost like 400+ $ built in the United States. Yeah top notch quality but people don't buy these things anymore they want to go to Walmart yet later they complain cause the product is dead after a year :haha: |
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