Home › Forums › Financial Markets/Economics › BUY AMERICAN (avoid that made in China)
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June 2, 2009 at 1:43 AM #409555June 2, 2009 at 1:49 AM #408861PKMANParticipant
1. We are too globally synergized to go back to the old protectionism way. Food is about the only thing we can still find relatively easily that’s still made in USA. Think Harley Davidson is all USA? I’d bet you that there’s got a be some kind of foam, chrome, steel, plastic or other parts that are from China. The fact is, most American products and services are no longer purely made in USA.
2. If buying American means spending more money and more time (time=money) find these items, who’s going to compensate us? Would our employers give us a raise for buying American? Would our gov’t give us a tax break for it? Money that could’ve been saved to go to vacation, buy a nicer car or send kids to college are now been tapped into just to buy American. How would that benefit Disney World, Chevy or SDSU?
3. I remember buying my 1997 Honda Civic EX (made in Ohio) for $13,500 and selling it in 2004 for $7,000. Had I bought a similarly-priced/equipped Ford Focus, Dodge Neon or Chevy Cavalier, I would not even been able to get $5,000. So for some of the posters that argued what’s wrong with buying American-branded car (that could be made in Mexico or Canada), what’s wrong is that you’ll get less than 50% of the original value in less than 5 year, whereas at least my Honda kept more than 50% even after nearly 7 years. It might be nothing but perception nowadays that give Honda and Toyota superior resale value over the Big Three but whose fault is that?
The problems with American trade imbalances are too deep and too complicated for us casual bloggers to fully comprehend, and certainly not something that a “don’t buy Chinese” internet campaign can fix.
June 2, 2009 at 1:49 AM #409099PKMANParticipant1. We are too globally synergized to go back to the old protectionism way. Food is about the only thing we can still find relatively easily that’s still made in USA. Think Harley Davidson is all USA? I’d bet you that there’s got a be some kind of foam, chrome, steel, plastic or other parts that are from China. The fact is, most American products and services are no longer purely made in USA.
2. If buying American means spending more money and more time (time=money) find these items, who’s going to compensate us? Would our employers give us a raise for buying American? Would our gov’t give us a tax break for it? Money that could’ve been saved to go to vacation, buy a nicer car or send kids to college are now been tapped into just to buy American. How would that benefit Disney World, Chevy or SDSU?
3. I remember buying my 1997 Honda Civic EX (made in Ohio) for $13,500 and selling it in 2004 for $7,000. Had I bought a similarly-priced/equipped Ford Focus, Dodge Neon or Chevy Cavalier, I would not even been able to get $5,000. So for some of the posters that argued what’s wrong with buying American-branded car (that could be made in Mexico or Canada), what’s wrong is that you’ll get less than 50% of the original value in less than 5 year, whereas at least my Honda kept more than 50% even after nearly 7 years. It might be nothing but perception nowadays that give Honda and Toyota superior resale value over the Big Three but whose fault is that?
The problems with American trade imbalances are too deep and too complicated for us casual bloggers to fully comprehend, and certainly not something that a “don’t buy Chinese” internet campaign can fix.
June 2, 2009 at 1:49 AM #409347PKMANParticipant1. We are too globally synergized to go back to the old protectionism way. Food is about the only thing we can still find relatively easily that’s still made in USA. Think Harley Davidson is all USA? I’d bet you that there’s got a be some kind of foam, chrome, steel, plastic or other parts that are from China. The fact is, most American products and services are no longer purely made in USA.
2. If buying American means spending more money and more time (time=money) find these items, who’s going to compensate us? Would our employers give us a raise for buying American? Would our gov’t give us a tax break for it? Money that could’ve been saved to go to vacation, buy a nicer car or send kids to college are now been tapped into just to buy American. How would that benefit Disney World, Chevy or SDSU?
3. I remember buying my 1997 Honda Civic EX (made in Ohio) for $13,500 and selling it in 2004 for $7,000. Had I bought a similarly-priced/equipped Ford Focus, Dodge Neon or Chevy Cavalier, I would not even been able to get $5,000. So for some of the posters that argued what’s wrong with buying American-branded car (that could be made in Mexico or Canada), what’s wrong is that you’ll get less than 50% of the original value in less than 5 year, whereas at least my Honda kept more than 50% even after nearly 7 years. It might be nothing but perception nowadays that give Honda and Toyota superior resale value over the Big Three but whose fault is that?
The problems with American trade imbalances are too deep and too complicated for us casual bloggers to fully comprehend, and certainly not something that a “don’t buy Chinese” internet campaign can fix.
June 2, 2009 at 1:49 AM #409409PKMANParticipant1. We are too globally synergized to go back to the old protectionism way. Food is about the only thing we can still find relatively easily that’s still made in USA. Think Harley Davidson is all USA? I’d bet you that there’s got a be some kind of foam, chrome, steel, plastic or other parts that are from China. The fact is, most American products and services are no longer purely made in USA.
2. If buying American means spending more money and more time (time=money) find these items, who’s going to compensate us? Would our employers give us a raise for buying American? Would our gov’t give us a tax break for it? Money that could’ve been saved to go to vacation, buy a nicer car or send kids to college are now been tapped into just to buy American. How would that benefit Disney World, Chevy or SDSU?
3. I remember buying my 1997 Honda Civic EX (made in Ohio) for $13,500 and selling it in 2004 for $7,000. Had I bought a similarly-priced/equipped Ford Focus, Dodge Neon or Chevy Cavalier, I would not even been able to get $5,000. So for some of the posters that argued what’s wrong with buying American-branded car (that could be made in Mexico or Canada), what’s wrong is that you’ll get less than 50% of the original value in less than 5 year, whereas at least my Honda kept more than 50% even after nearly 7 years. It might be nothing but perception nowadays that give Honda and Toyota superior resale value over the Big Three but whose fault is that?
The problems with American trade imbalances are too deep and too complicated for us casual bloggers to fully comprehend, and certainly not something that a “don’t buy Chinese” internet campaign can fix.
June 2, 2009 at 1:49 AM #409560PKMANParticipant1. We are too globally synergized to go back to the old protectionism way. Food is about the only thing we can still find relatively easily that’s still made in USA. Think Harley Davidson is all USA? I’d bet you that there’s got a be some kind of foam, chrome, steel, plastic or other parts that are from China. The fact is, most American products and services are no longer purely made in USA.
2. If buying American means spending more money and more time (time=money) find these items, who’s going to compensate us? Would our employers give us a raise for buying American? Would our gov’t give us a tax break for it? Money that could’ve been saved to go to vacation, buy a nicer car or send kids to college are now been tapped into just to buy American. How would that benefit Disney World, Chevy or SDSU?
3. I remember buying my 1997 Honda Civic EX (made in Ohio) for $13,500 and selling it in 2004 for $7,000. Had I bought a similarly-priced/equipped Ford Focus, Dodge Neon or Chevy Cavalier, I would not even been able to get $5,000. So for some of the posters that argued what’s wrong with buying American-branded car (that could be made in Mexico or Canada), what’s wrong is that you’ll get less than 50% of the original value in less than 5 year, whereas at least my Honda kept more than 50% even after nearly 7 years. It might be nothing but perception nowadays that give Honda and Toyota superior resale value over the Big Three but whose fault is that?
The problems with American trade imbalances are too deep and too complicated for us casual bloggers to fully comprehend, and certainly not something that a “don’t buy Chinese” internet campaign can fix.
June 2, 2009 at 7:30 AM #408879ocrenterParticipantthe effort is worth praising. the problem is it won’t make a bit of a difference.
we still ultimately have the most fundamental issue at hand: 3rd world countries having cheaper labor and looser regulation compared to the US.
maybe some recession and weakened dollar isn’t so bad afterall. maybe lowered wages in America isn’t such a bad thing.
lower wage and weaker dollar tip the trade balance in our favor. we can actually make stuff again and be profitable and competitive.
perhaps we inflated our wages to the point that we priced ourselves out of the labor market completely. lower our wages and suddenly we are competitive again. Wow, what a concept.
unfortunately recessions are necessary, a developed economy grow at pace with its population growth. if it accelerate above that pace than it is doing it by hyperinflating its wage. which drive it out of business.
we have huge run ups on the up side of bubbles, but we artificially cut short the downside, the result is the unsustainable increase that price us out of the world labor market.
here’s an analogy: my kid decides to eat 20 dumplings (made in LA!) at lunch time. she then compensate for her greediness by not wanting to have any dinner. upside and downside, evened out.
but let’s say we still force her to eat a full dinner. overtime she would be obese and become less competitive on the play yard.
make sense, right?
June 2, 2009 at 7:30 AM #409120ocrenterParticipantthe effort is worth praising. the problem is it won’t make a bit of a difference.
we still ultimately have the most fundamental issue at hand: 3rd world countries having cheaper labor and looser regulation compared to the US.
maybe some recession and weakened dollar isn’t so bad afterall. maybe lowered wages in America isn’t such a bad thing.
lower wage and weaker dollar tip the trade balance in our favor. we can actually make stuff again and be profitable and competitive.
perhaps we inflated our wages to the point that we priced ourselves out of the labor market completely. lower our wages and suddenly we are competitive again. Wow, what a concept.
unfortunately recessions are necessary, a developed economy grow at pace with its population growth. if it accelerate above that pace than it is doing it by hyperinflating its wage. which drive it out of business.
we have huge run ups on the up side of bubbles, but we artificially cut short the downside, the result is the unsustainable increase that price us out of the world labor market.
here’s an analogy: my kid decides to eat 20 dumplings (made in LA!) at lunch time. she then compensate for her greediness by not wanting to have any dinner. upside and downside, evened out.
but let’s say we still force her to eat a full dinner. overtime she would be obese and become less competitive on the play yard.
make sense, right?
June 2, 2009 at 7:30 AM #409367ocrenterParticipantthe effort is worth praising. the problem is it won’t make a bit of a difference.
we still ultimately have the most fundamental issue at hand: 3rd world countries having cheaper labor and looser regulation compared to the US.
maybe some recession and weakened dollar isn’t so bad afterall. maybe lowered wages in America isn’t such a bad thing.
lower wage and weaker dollar tip the trade balance in our favor. we can actually make stuff again and be profitable and competitive.
perhaps we inflated our wages to the point that we priced ourselves out of the labor market completely. lower our wages and suddenly we are competitive again. Wow, what a concept.
unfortunately recessions are necessary, a developed economy grow at pace with its population growth. if it accelerate above that pace than it is doing it by hyperinflating its wage. which drive it out of business.
we have huge run ups on the up side of bubbles, but we artificially cut short the downside, the result is the unsustainable increase that price us out of the world labor market.
here’s an analogy: my kid decides to eat 20 dumplings (made in LA!) at lunch time. she then compensate for her greediness by not wanting to have any dinner. upside and downside, evened out.
but let’s say we still force her to eat a full dinner. overtime she would be obese and become less competitive on the play yard.
make sense, right?
June 2, 2009 at 7:30 AM #409429ocrenterParticipantthe effort is worth praising. the problem is it won’t make a bit of a difference.
we still ultimately have the most fundamental issue at hand: 3rd world countries having cheaper labor and looser regulation compared to the US.
maybe some recession and weakened dollar isn’t so bad afterall. maybe lowered wages in America isn’t such a bad thing.
lower wage and weaker dollar tip the trade balance in our favor. we can actually make stuff again and be profitable and competitive.
perhaps we inflated our wages to the point that we priced ourselves out of the labor market completely. lower our wages and suddenly we are competitive again. Wow, what a concept.
unfortunately recessions are necessary, a developed economy grow at pace with its population growth. if it accelerate above that pace than it is doing it by hyperinflating its wage. which drive it out of business.
we have huge run ups on the up side of bubbles, but we artificially cut short the downside, the result is the unsustainable increase that price us out of the world labor market.
here’s an analogy: my kid decides to eat 20 dumplings (made in LA!) at lunch time. she then compensate for her greediness by not wanting to have any dinner. upside and downside, evened out.
but let’s say we still force her to eat a full dinner. overtime she would be obese and become less competitive on the play yard.
make sense, right?
June 2, 2009 at 7:30 AM #409580ocrenterParticipantthe effort is worth praising. the problem is it won’t make a bit of a difference.
we still ultimately have the most fundamental issue at hand: 3rd world countries having cheaper labor and looser regulation compared to the US.
maybe some recession and weakened dollar isn’t so bad afterall. maybe lowered wages in America isn’t such a bad thing.
lower wage and weaker dollar tip the trade balance in our favor. we can actually make stuff again and be profitable and competitive.
perhaps we inflated our wages to the point that we priced ourselves out of the labor market completely. lower our wages and suddenly we are competitive again. Wow, what a concept.
unfortunately recessions are necessary, a developed economy grow at pace with its population growth. if it accelerate above that pace than it is doing it by hyperinflating its wage. which drive it out of business.
we have huge run ups on the up side of bubbles, but we artificially cut short the downside, the result is the unsustainable increase that price us out of the world labor market.
here’s an analogy: my kid decides to eat 20 dumplings (made in LA!) at lunch time. she then compensate for her greediness by not wanting to have any dinner. upside and downside, evened out.
but let’s say we still force her to eat a full dinner. overtime she would be obese and become less competitive on the play yard.
make sense, right?
June 2, 2009 at 8:39 AM #408914jpinpbParticipantAt the risk of sounding bad again, generally speaking only, China is not known for quality products. It’s known for cheap products (even their steel) and you get what you pay for.
As flu mentioned, seems a bigger problem is people’s desire for consumption, cheap consumption, that ends up discarded at a garage sale eventually.
If you sell your car in 5 years, sure, maybe it’s lost value. Hold it for 20. Wish I did that w/my Camaro. I’d have one heck of a downpayment on a house. (Never watch Mecum?)
I think we’ve come full circle again, though. The problem is that people don’t want to work for less money here, but people want to buy cheap. Buying cheap from Asia means someone potentially in the U.S.A. could be soon out a job.
So many jobs have been outsourced. Jobs that still seem plentiful are service-related jobs. They typically don’t pay very well. Unless you’re a doctor, which even then, selective surgeries, some people leave the country b/c it’s cheaper. Cheap dental, go to Mexico.
Between jobs being outsourced and people that do come over here taking jobs for less (whether Mexican day laborers or nurses from the Philippines) it is getting more difficult to find jobs. (Please – again – I am not being prejudice here. Trying to make a point about Americans losing jobs – not targeting any countries – forgive the stereotypical nature)
I did not expect to meet so much opposition to attempting this for a month, particularly in light of the continuing job losses. But as I said earlier, I’m not much of a consumer, so this would not be a big sacrifice to me. With so many people touting patriotism during war, I was thinking this experiment was an easy no-brainer. Think of it as economic war. No one dies from this.
June 2, 2009 at 8:39 AM #409154jpinpbParticipantAt the risk of sounding bad again, generally speaking only, China is not known for quality products. It’s known for cheap products (even their steel) and you get what you pay for.
As flu mentioned, seems a bigger problem is people’s desire for consumption, cheap consumption, that ends up discarded at a garage sale eventually.
If you sell your car in 5 years, sure, maybe it’s lost value. Hold it for 20. Wish I did that w/my Camaro. I’d have one heck of a downpayment on a house. (Never watch Mecum?)
I think we’ve come full circle again, though. The problem is that people don’t want to work for less money here, but people want to buy cheap. Buying cheap from Asia means someone potentially in the U.S.A. could be soon out a job.
So many jobs have been outsourced. Jobs that still seem plentiful are service-related jobs. They typically don’t pay very well. Unless you’re a doctor, which even then, selective surgeries, some people leave the country b/c it’s cheaper. Cheap dental, go to Mexico.
Between jobs being outsourced and people that do come over here taking jobs for less (whether Mexican day laborers or nurses from the Philippines) it is getting more difficult to find jobs. (Please – again – I am not being prejudice here. Trying to make a point about Americans losing jobs – not targeting any countries – forgive the stereotypical nature)
I did not expect to meet so much opposition to attempting this for a month, particularly in light of the continuing job losses. But as I said earlier, I’m not much of a consumer, so this would not be a big sacrifice to me. With so many people touting patriotism during war, I was thinking this experiment was an easy no-brainer. Think of it as economic war. No one dies from this.
June 2, 2009 at 8:39 AM #409401jpinpbParticipantAt the risk of sounding bad again, generally speaking only, China is not known for quality products. It’s known for cheap products (even their steel) and you get what you pay for.
As flu mentioned, seems a bigger problem is people’s desire for consumption, cheap consumption, that ends up discarded at a garage sale eventually.
If you sell your car in 5 years, sure, maybe it’s lost value. Hold it for 20. Wish I did that w/my Camaro. I’d have one heck of a downpayment on a house. (Never watch Mecum?)
I think we’ve come full circle again, though. The problem is that people don’t want to work for less money here, but people want to buy cheap. Buying cheap from Asia means someone potentially in the U.S.A. could be soon out a job.
So many jobs have been outsourced. Jobs that still seem plentiful are service-related jobs. They typically don’t pay very well. Unless you’re a doctor, which even then, selective surgeries, some people leave the country b/c it’s cheaper. Cheap dental, go to Mexico.
Between jobs being outsourced and people that do come over here taking jobs for less (whether Mexican day laborers or nurses from the Philippines) it is getting more difficult to find jobs. (Please – again – I am not being prejudice here. Trying to make a point about Americans losing jobs – not targeting any countries – forgive the stereotypical nature)
I did not expect to meet so much opposition to attempting this for a month, particularly in light of the continuing job losses. But as I said earlier, I’m not much of a consumer, so this would not be a big sacrifice to me. With so many people touting patriotism during war, I was thinking this experiment was an easy no-brainer. Think of it as economic war. No one dies from this.
June 2, 2009 at 8:39 AM #409464jpinpbParticipantAt the risk of sounding bad again, generally speaking only, China is not known for quality products. It’s known for cheap products (even their steel) and you get what you pay for.
As flu mentioned, seems a bigger problem is people’s desire for consumption, cheap consumption, that ends up discarded at a garage sale eventually.
If you sell your car in 5 years, sure, maybe it’s lost value. Hold it for 20. Wish I did that w/my Camaro. I’d have one heck of a downpayment on a house. (Never watch Mecum?)
I think we’ve come full circle again, though. The problem is that people don’t want to work for less money here, but people want to buy cheap. Buying cheap from Asia means someone potentially in the U.S.A. could be soon out a job.
So many jobs have been outsourced. Jobs that still seem plentiful are service-related jobs. They typically don’t pay very well. Unless you’re a doctor, which even then, selective surgeries, some people leave the country b/c it’s cheaper. Cheap dental, go to Mexico.
Between jobs being outsourced and people that do come over here taking jobs for less (whether Mexican day laborers or nurses from the Philippines) it is getting more difficult to find jobs. (Please – again – I am not being prejudice here. Trying to make a point about Americans losing jobs – not targeting any countries – forgive the stereotypical nature)
I did not expect to meet so much opposition to attempting this for a month, particularly in light of the continuing job losses. But as I said earlier, I’m not much of a consumer, so this would not be a big sacrifice to me. With so many people touting patriotism during war, I was thinking this experiment was an easy no-brainer. Think of it as economic war. No one dies from this.
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