Posted on 01/23/2017 3:36:10 PM PST by Lorianne
We did not import many consumer goods 30 years ago. We had factories making those things. Perhaps they were inefficient. Yes, they could have been automated and productivity increased but the NWO Globalists, i.e. "Captains of Industry", decided that instead of automating USA's factories, like you did in your example, it was better to get 3rd peasants working under God knows what conditions to make our products and ship them back duty free.
The key was a corrupt Federal Govt that has kept import duties so low for so long. It is the linchpin of this NWO scheme to strip mine American industry.
The very liberal(crazy) VICE channel did an investigation and actually went to a port at long Beach CA. He actually talked to the dock workers. Containers full of cargo(consumer goods) from China and elsewhere arrive daily and what do we send back? Mostly empty containers. The bulk of the exports are recyclable material. This is the road to poverty my friend. He summed it up by saying that the USA's chief export is empty containers. This first hand reporting not some bogus study.
Don't piss down my back and tell me its raining.
Well a 20% import tariff would level the playing field.
So you are saying that if we did not off shore entire industries, like consumer electronics for example, the USA's industrial output would be the same as it is today? That is crazy.
It is a simple formula: Let X = current US industrial output. Let Y = imported durable goods.
Now if Y production is onshored then current US industrial output increases to X + Y. Very simple math here.
We have an $800B trade deficit which is disgusting.
That's good. Let's on shore and go for more!
The math is simple but the problem is complex. If we impose tariffs on import we need to be aware it could lead to retalitory tariffs on our exports
This is silly, we are in a trade war now it is just we don't fight back against the tariffs our exports face globally.
The cost differential between manufacturing in the US vs 3rd world is pocketed by the middle men. There is no net benefit to the consumer. Actually stuff made in China is mostly crap. Quality has suffered. Look at car parts. Asian stuff is junk.
I have a degree in EE but I am a softwre developer now.
The retailer is making the high margin, typically over 60%. Many if not most of them are in the process of being disintermediated, so we can onshore production and actually save money, as well as provide employment opportunities for those displaced due to the near collapse of retail. Amazon is not trustworthy though, in my opinion. They badly need serious domestic competition.
It is reasonable to insist that the products to be sold in the USA be made in the USA. Trade deficits are intolerable. If you don't agree then you are just another a Free Traitor™ and we can table the discussion.
Bushitte NWO Free Traders will have a chance in 4 years to get behind a RINO globalist Cheap Labor Hack running for President. Right now we are seeing a different road being taken by Mr. Trump. Its been a long time coming.
I’ve never dealt with their net profit. I have, however dealt with their margin expectations, and they’re in excess of 60% which practically precludes most domestic sourcing of day to day items, apparel, etc.
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