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To: central_va

>>Most goods are only 5-8% cheaper made in China<<

How do we know for certain? When Walmart is primarily the only game in town, how do you know it the every day low low price?

They set the price. Juss aksin


49 posted on 02/07/2017 12:10:57 PM PST by servantboy777
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To: servantboy777
When you by a durable good you are paying for a lot of different things. Labor is only a small part of the retail price. I use the auto as a rule of thumb. It takes 30 man hours to build a car. Which comes out to 8% for labor.

So I extrapolate from that figure. Take a toaster oven. The man-hours to make one is probably 1 man-hour(if that) So if Wal Mart sells a Chines made oven for $50.00 then a USA made one would be about 8% more or $4.00 more. So I would pay $54.00 for the same oven made in the USA. I think it would be worth it. At least to me.

51 posted on 02/07/2017 12:22:08 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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