Home › Forums › Financial Markets/Economics › BUY AMERICAN (avoid that made in China)
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Coronita.
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June 1, 2009 at 11:21 AM #409055June 1, 2009 at 11:53 AM #408377
Allan from Fallbrook
Participant[quote=jpinpb]Interesting point. The issue is jobs. The fact that American companies have closed here to produce there AND not bringing back the money here is what’s bad. Sure, some profits go to the few shareholders or the stock market, maybe 1% of the population.
[/quote]
Jp: Which explains the widening disparity between the upper 1 – 2% of the population and the remainder of us, along with the destruction of the American middle class.
And all of this was aided and abetted by lawmakers and politicians.
The irony will be when it becomes unduly expensive to produce in China (and other foreign locales) and manufacturing starts to return to the US as a result.
June 1, 2009 at 11:53 AM #408614Participant[quote=jpinpb]Interesting point. The issue is jobs. The fact that American companies have closed here to produce there AND not bringing back the money here is what’s bad. Sure, some profits go to the few shareholders or the stock market, maybe 1% of the population.
[/quote]
Jp: Which explains the widening disparity between the upper 1 – 2% of the population and the remainder of us, along with the destruction of the American middle class.
And all of this was aided and abetted by lawmakers and politicians.
The irony will be when it becomes unduly expensive to produce in China (and other foreign locales) and manufacturing starts to return to the US as a result.
June 1, 2009 at 11:53 AM #408862Participant[quote=jpinpb]Interesting point. The issue is jobs. The fact that American companies have closed here to produce there AND not bringing back the money here is what’s bad. Sure, some profits go to the few shareholders or the stock market, maybe 1% of the population.
[/quote]
Jp: Which explains the widening disparity between the upper 1 – 2% of the population and the remainder of us, along with the destruction of the American middle class.
And all of this was aided and abetted by lawmakers and politicians.
The irony will be when it becomes unduly expensive to produce in China (and other foreign locales) and manufacturing starts to return to the US as a result.
June 1, 2009 at 11:53 AM #408923Participant[quote=jpinpb]Interesting point. The issue is jobs. The fact that American companies have closed here to produce there AND not bringing back the money here is what’s bad. Sure, some profits go to the few shareholders or the stock market, maybe 1% of the population.
[/quote]
Jp: Which explains the widening disparity between the upper 1 – 2% of the population and the remainder of us, along with the destruction of the American middle class.
And all of this was aided and abetted by lawmakers and politicians.
The irony will be when it becomes unduly expensive to produce in China (and other foreign locales) and manufacturing starts to return to the US as a result.
June 1, 2009 at 11:53 AM #409075Participant[quote=jpinpb]Interesting point. The issue is jobs. The fact that American companies have closed here to produce there AND not bringing back the money here is what’s bad. Sure, some profits go to the few shareholders or the stock market, maybe 1% of the population.
[/quote]
Jp: Which explains the widening disparity between the upper 1 – 2% of the population and the remainder of us, along with the destruction of the American middle class.
And all of this was aided and abetted by lawmakers and politicians.
The irony will be when it becomes unduly expensive to produce in China (and other foreign locales) and manufacturing starts to return to the US as a result.
June 1, 2009 at 12:29 PM #408392paranoid
Participantthe only solution for the US is to become more competitive in certain sectors that actually create values (vs. financial engineering). Complaining/whinning/crying/bashing other countries do not make you stronger. Raising protectionism by the Congress in the 30’s only transformed the original big recession into The Great Recession!
History does not repeat but it does rythm. If you really love the US, stop bashing. Learn something from the history. do something useful (like don’t borrow the money that you cannot pay back, to buy something that you cannot afford!)
June 1, 2009 at 12:29 PM #408629Participantthe only solution for the US is to become more competitive in certain sectors that actually create values (vs. financial engineering). Complaining/whinning/crying/bashing other countries do not make you stronger. Raising protectionism by the Congress in the 30’s only transformed the original big recession into The Great Recession!
History does not repeat but it does rythm. If you really love the US, stop bashing. Learn something from the history. do something useful (like don’t borrow the money that you cannot pay back, to buy something that you cannot afford!)
June 1, 2009 at 12:29 PM #408877Participantthe only solution for the US is to become more competitive in certain sectors that actually create values (vs. financial engineering). Complaining/whinning/crying/bashing other countries do not make you stronger. Raising protectionism by the Congress in the 30’s only transformed the original big recession into The Great Recession!
History does not repeat but it does rythm. If you really love the US, stop bashing. Learn something from the history. do something useful (like don’t borrow the money that you cannot pay back, to buy something that you cannot afford!)
June 1, 2009 at 12:29 PM #408938Participantthe only solution for the US is to become more competitive in certain sectors that actually create values (vs. financial engineering). Complaining/whinning/crying/bashing other countries do not make you stronger. Raising protectionism by the Congress in the 30’s only transformed the original big recession into The Great Recession!
History does not repeat but it does rythm. If you really love the US, stop bashing. Learn something from the history. do something useful (like don’t borrow the money that you cannot pay back, to buy something that you cannot afford!)
June 1, 2009 at 12:29 PM #409090Participantthe only solution for the US is to become more competitive in certain sectors that actually create values (vs. financial engineering). Complaining/whinning/crying/bashing other countries do not make you stronger. Raising protectionism by the Congress in the 30’s only transformed the original big recession into The Great Recession!
History does not repeat but it does rythm. If you really love the US, stop bashing. Learn something from the history. do something useful (like don’t borrow the money that you cannot pay back, to buy something that you cannot afford!)
June 1, 2009 at 12:42 PM #408397sdduuuude
ParticipantHow come we never see letters that say “We, as Americans need to build stuff that isn’t so damn expensive?” i.e. why is the burden on the consumer to buy the wrong thing instead of on American compaineis to make the right thing ?
Huh? Huh? Ever wonder that ?
June 1, 2009 at 12:42 PM #408634ParticipantHow come we never see letters that say “We, as Americans need to build stuff that isn’t so damn expensive?” i.e. why is the burden on the consumer to buy the wrong thing instead of on American compaineis to make the right thing ?
Huh? Huh? Ever wonder that ?
June 1, 2009 at 12:42 PM #408882ParticipantHow come we never see letters that say “We, as Americans need to build stuff that isn’t so damn expensive?” i.e. why is the burden on the consumer to buy the wrong thing instead of on American compaineis to make the right thing ?
Huh? Huh? Ever wonder that ?
June 1, 2009 at 12:42 PM #408943ParticipantHow come we never see letters that say “We, as Americans need to build stuff that isn’t so damn expensive?” i.e. why is the burden on the consumer to buy the wrong thing instead of on American compaineis to make the right thing ?
Huh? Huh? Ever wonder that ?
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