If the costs of doing business weren't so high in America, thanks to excessive taxation and regulations, then Wal-Mart would buy from manufacturers in America more.
People need to stop beating this dead horse and realize that it's the politicians in Washington that has created the problem of jobs going overseas.
Here is some feedback on what the President thinks:
From an article on Yahoo:
By Caren Bohan Sun Nov 20, 6:13 AM ET
BEIJING (Reuters) - Washington and Beijing will cooperate toward making the yuan's exchange rate more responsive to market forces of supply and demand, visiting U.S. President George W. Bush said on Sunday. "
"According to U.S. figures, the United States had a trade deficit of $162 billion with China in 2005, a gap that is on course to grow to $200 billion this year.
"They need to move," said Faryar Shirzad, an economic affairs specialist with the White House National Security Council. "We understand the move to full flexibility will have to be gradual and implemented over time. But it's really time for them to begin to move much further than they have already," he told reporters on Saturday aboard Air Force One.
COSTS AND BENEFITS
"China accounts for about a quarter of the U.S. deficit. But Chinese officials and independent economists say this largely reflects a profound change in manufacturing patterns in recent years to take advantage of cheap Chinese labor."
"Such "processing trade," which accounts for more than half of Chinese exports, would simply move to other low-cost rivals in Asia if the yuan were revalued sharply, but jobs would not be regenerated in the United States, Chinese officials say.
They also say pressure for a stronger yuan also neglects the benefits that U.S. consumers derive from China's low costs.
"Wal-Mart Stores Inc. alone, were it a country, would have been the sixth-largest importer of made-in-China goods in 2004. Its purchases of $18 billion were almost twice those of France, according to figures from brokerage CLSA Asia-Pacific Markets."
"Economists say western pressure for a much stronger yuan is also self-defeating because about 60 percent of all Chinese exports are churned out by foreign-owned firms. "
All that you have been doing is to say liberals hate Walmart, Conservatives love Walmart, and if you debate the virtues of or against Walmart you are labeled a lib. Grow up people! Investigate if there are deeper issues when it comes to Walmart/Americans/Imports etc. other than love or hate Walmart and than label someone a lib.
I ran up to WalMart late this morning....I bought 8 items. 7 of them were made here in the USA. It is not WalMart's fault that HANES chooses to make their sweatshirts in Mexico.
My point is, the retailers, even cutthroat ones such as WalMart, are not the cause of US manufacturers going overseas.....it's the government and the NIMBY lefties that have forced their hands.