To: henkster
So the feds give us back some of our money to buy products. Sounds nice. But how many of these products will be manufactured overseas? How does this stimulate OUR economy?
Excellent point.
104 posted on
01/19/2008 8:17:35 PM PST by
CottonBall
(The mass of men lead lives of quiet desperation. (Henry David Thoreau, "Walden", 1854 ))
To: CottonBall
No it’s not an excellent point, unless you subtract how many of those products are made by American owned companies operating overseas. Their corporate profitrs still gets spent back in the USA in many, many ways.
To: CottonBall
Plus you have to subtract how many companies have American stock/shareholders who receive dividends, which is money spent in the USA as well. Most companies operating in china are foriegn owned in the first place, so it isn't as simple as "it's made in China therefore all the money we pay for that product goes back to china.
Practically none of it does except the few cents the labor cost. The American importer probably makes twice what the produce cost to make in china, where do you think that American importer spends his profits?
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