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To: central_va
Whatever the price demand curve spells out, without the "dumping". I am good with that.

The steel consuming American industries appreciate your generosity with their money.

283 posted on 07/30/2012 4:17:33 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
I am not an economic idiot like you think. I know that there is a cost to domestic manufacturing that is higher per unit than having Chinese slaves produce them. IMO that cost varies between 5-10% per unit. It is not going to cost twice as much to manufacture in the USA because of increased labor costs. It can't because the cost of labor for each manufactured item only is only 10% (in average in the USA) of the retail price, so if produced in China at most it can save is 10%. But labor isn't completely free in China.

So what I am saying it is better for the country to pay the additional cost to for domestic production, which is really pennies on the dollar, to save US jobs.

You and rudeboy will not acknowledge there is a social and economic cost to outsourcing. There is huge personal cost if its your job outsourced. IMO the social/economic costs are greater than the few pennies per dollar playing footsies with the ChiComs.

304 posted on 07/31/2012 3:40:30 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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