To: fatnotlazy
For most manufactured goods in the USA, labor accounts for less then 10% of the retail price. Off shoring production only saves a few pennies on the dollar. A small tariff of say 5% would raise revenue an offset that. Thomas Jefferson would agree.
20 posted on
11/22/2012 8:33:11 AM PST by
central_va
( I won't be reconstructed and I do not give a damn.)
To: central_va
For most manufactured goods in the USA, labor accounts for less then 10% of the retail price. Off shoring production only saves a few pennies on the dollar. A small tariff of say 5% would raise revenue an offset that. Thomas Jefferson would agree.Last time I checked, it was steady at about 3%...
It's the other things like safe working conditions and breathable air and drinkable water that significantly raises the cost of products...
61 posted on
11/22/2012 9:06:54 AM PST by
Iscool
(You mess with me, you mess with the WHOLE trailerpark...)
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