Home › Forums › Financial Markets/Economics › BUY AMERICAN (avoid that made in China)
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June 1, 2009 at 4:26 PM #409311June 1, 2009 at 5:13 PM #408615scaredyclassicParticipant
we should keep buying stuff from China as long as they keep buying our debt. How can we lose?
June 1, 2009 at 5:13 PM #408855scaredyclassicParticipantwe should keep buying stuff from China as long as they keep buying our debt. How can we lose?
June 1, 2009 at 5:13 PM #409102scaredyclassicParticipantwe should keep buying stuff from China as long as they keep buying our debt. How can we lose?
June 1, 2009 at 5:13 PM #409164scaredyclassicParticipantwe should keep buying stuff from China as long as they keep buying our debt. How can we lose?
June 1, 2009 at 5:13 PM #409316scaredyclassicParticipantwe should keep buying stuff from China as long as they keep buying our debt. How can we lose?
June 1, 2009 at 5:25 PM #408625patientrenterParticipantjpnpb, you have contributed so much good sense to this board that I hesitate to go against your statements on this issue, but I must.
Why don’t we stop buying goods from people with slanty eyes, or non-Christian religious beliefs, or black skin?
I think a certain small amount of loyalty to one’s one tribe is OK, but more than a small amount and our world can get really ugly really fast.
Even if we thought it was just fine to favor trading with people based on how close they were to us geographically or linguistically or racially or religiously, rather than the value of what they provided to us, does that help us? I don’t think so. I prefer some of my goods made by German firms; others, by French; others by American… It’s based on what I think they do best and selfish maximization of my own value, and not incidental characteristics of the people involved.
June 1, 2009 at 5:25 PM #408866patientrenterParticipantjpnpb, you have contributed so much good sense to this board that I hesitate to go against your statements on this issue, but I must.
Why don’t we stop buying goods from people with slanty eyes, or non-Christian religious beliefs, or black skin?
I think a certain small amount of loyalty to one’s one tribe is OK, but more than a small amount and our world can get really ugly really fast.
Even if we thought it was just fine to favor trading with people based on how close they were to us geographically or linguistically or racially or religiously, rather than the value of what they provided to us, does that help us? I don’t think so. I prefer some of my goods made by German firms; others, by French; others by American… It’s based on what I think they do best and selfish maximization of my own value, and not incidental characteristics of the people involved.
June 1, 2009 at 5:25 PM #409112patientrenterParticipantjpnpb, you have contributed so much good sense to this board that I hesitate to go against your statements on this issue, but I must.
Why don’t we stop buying goods from people with slanty eyes, or non-Christian religious beliefs, or black skin?
I think a certain small amount of loyalty to one’s one tribe is OK, but more than a small amount and our world can get really ugly really fast.
Even if we thought it was just fine to favor trading with people based on how close they were to us geographically or linguistically or racially or religiously, rather than the value of what they provided to us, does that help us? I don’t think so. I prefer some of my goods made by German firms; others, by French; others by American… It’s based on what I think they do best and selfish maximization of my own value, and not incidental characteristics of the people involved.
June 1, 2009 at 5:25 PM #409173patientrenterParticipantjpnpb, you have contributed so much good sense to this board that I hesitate to go against your statements on this issue, but I must.
Why don’t we stop buying goods from people with slanty eyes, or non-Christian religious beliefs, or black skin?
I think a certain small amount of loyalty to one’s one tribe is OK, but more than a small amount and our world can get really ugly really fast.
Even if we thought it was just fine to favor trading with people based on how close they were to us geographically or linguistically or racially or religiously, rather than the value of what they provided to us, does that help us? I don’t think so. I prefer some of my goods made by German firms; others, by French; others by American… It’s based on what I think they do best and selfish maximization of my own value, and not incidental characteristics of the people involved.
June 1, 2009 at 5:25 PM #409326patientrenterParticipantjpnpb, you have contributed so much good sense to this board that I hesitate to go against your statements on this issue, but I must.
Why don’t we stop buying goods from people with slanty eyes, or non-Christian religious beliefs, or black skin?
I think a certain small amount of loyalty to one’s one tribe is OK, but more than a small amount and our world can get really ugly really fast.
Even if we thought it was just fine to favor trading with people based on how close they were to us geographically or linguistically or racially or religiously, rather than the value of what they provided to us, does that help us? I don’t think so. I prefer some of my goods made by German firms; others, by French; others by American… It’s based on what I think they do best and selfish maximization of my own value, and not incidental characteristics of the people involved.
June 1, 2009 at 5:42 PM #408630CA renterParticipantThanks for posting this, jp. Couldn’t agree more.
As others have said, it’s VERY difficult to find things made in the USA. We’ve been trying to do this for years, and sometimes you literally don’t have a viable option.
We do most of our shopping at Jimbo’s because of health reasons, and because we want to support our local growers and businesses.
We also got rid of our foreign-made dishware and bought these:
Made in the USA, guaranteed lead-free, and my MIL has some that have lasted many, many decades without so much as a chip in them. Macy’s often has them on sale where you can get them for a very affordable price. Unfortunately, their flatware is NOT made in the USA, and it’s obvious — the handles sometimes become loose, etc.
————————–And for those who think we will suffer if we start buying American-made products, we’ve been a net importer for some time now. It doesn’t matter if US companies make money overseas because it’s not returned here **to the workers.** Any profits are either reinvested there, or come back in the form of executive compensation or investment returns. Most, if not all of this money, will simply be reinvested where it’s expected to earn a return.
The most important form of money is wages, because when people spend it, there is no debt/return-offset. It is literally released into the economy, free of any encumberances, to be used for buying goods/services or for debt-free investing.
June 1, 2009 at 5:42 PM #408871CA renterParticipantThanks for posting this, jp. Couldn’t agree more.
As others have said, it’s VERY difficult to find things made in the USA. We’ve been trying to do this for years, and sometimes you literally don’t have a viable option.
We do most of our shopping at Jimbo’s because of health reasons, and because we want to support our local growers and businesses.
We also got rid of our foreign-made dishware and bought these:
Made in the USA, guaranteed lead-free, and my MIL has some that have lasted many, many decades without so much as a chip in them. Macy’s often has them on sale where you can get them for a very affordable price. Unfortunately, their flatware is NOT made in the USA, and it’s obvious — the handles sometimes become loose, etc.
————————–And for those who think we will suffer if we start buying American-made products, we’ve been a net importer for some time now. It doesn’t matter if US companies make money overseas because it’s not returned here **to the workers.** Any profits are either reinvested there, or come back in the form of executive compensation or investment returns. Most, if not all of this money, will simply be reinvested where it’s expected to earn a return.
The most important form of money is wages, because when people spend it, there is no debt/return-offset. It is literally released into the economy, free of any encumberances, to be used for buying goods/services or for debt-free investing.
June 1, 2009 at 5:42 PM #409117CA renterParticipantThanks for posting this, jp. Couldn’t agree more.
As others have said, it’s VERY difficult to find things made in the USA. We’ve been trying to do this for years, and sometimes you literally don’t have a viable option.
We do most of our shopping at Jimbo’s because of health reasons, and because we want to support our local growers and businesses.
We also got rid of our foreign-made dishware and bought these:
Made in the USA, guaranteed lead-free, and my MIL has some that have lasted many, many decades without so much as a chip in them. Macy’s often has them on sale where you can get them for a very affordable price. Unfortunately, their flatware is NOT made in the USA, and it’s obvious — the handles sometimes become loose, etc.
————————–And for those who think we will suffer if we start buying American-made products, we’ve been a net importer for some time now. It doesn’t matter if US companies make money overseas because it’s not returned here **to the workers.** Any profits are either reinvested there, or come back in the form of executive compensation or investment returns. Most, if not all of this money, will simply be reinvested where it’s expected to earn a return.
The most important form of money is wages, because when people spend it, there is no debt/return-offset. It is literally released into the economy, free of any encumberances, to be used for buying goods/services or for debt-free investing.
June 1, 2009 at 5:42 PM #409179CA renterParticipantThanks for posting this, jp. Couldn’t agree more.
As others have said, it’s VERY difficult to find things made in the USA. We’ve been trying to do this for years, and sometimes you literally don’t have a viable option.
We do most of our shopping at Jimbo’s because of health reasons, and because we want to support our local growers and businesses.
We also got rid of our foreign-made dishware and bought these:
Made in the USA, guaranteed lead-free, and my MIL has some that have lasted many, many decades without so much as a chip in them. Macy’s often has them on sale where you can get them for a very affordable price. Unfortunately, their flatware is NOT made in the USA, and it’s obvious — the handles sometimes become loose, etc.
————————–And for those who think we will suffer if we start buying American-made products, we’ve been a net importer for some time now. It doesn’t matter if US companies make money overseas because it’s not returned here **to the workers.** Any profits are either reinvested there, or come back in the form of executive compensation or investment returns. Most, if not all of this money, will simply be reinvested where it’s expected to earn a return.
The most important form of money is wages, because when people spend it, there is no debt/return-offset. It is literally released into the economy, free of any encumberances, to be used for buying goods/services or for debt-free investing.
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