if we don't do something about the importing and exporting agreements with china, china will own the usa before long. china is sitting back and laughing at the usa for its stupidity and one day soon all americans will pay for this. almost everything that is for sale in stores now are made in china, and china hardly buys any thing from america. what needs to be done to balance this out? the big usa companies that have moved their companies to china should be taxed very high rates and also high import taxes, this has taken millions of jobs out of the usa with these companies using slave labor in other parts of the world. what can be done to bring these companies back to the usa so the americans have these job opportunites and boost our economy here?????
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Verified answer
Hey Jerry,
Economics have basic truths, one is the 'law of supply and demand'. If we Americans don't demand Made In America Products by only buying American Made Products, then the supply will keep coming from the other locations. Although there are movements afoot now, they are only just starting to take hold. Mark my words, people are beginning to Buy American because their jobs depend on it. Once the American Public votes with our dollars that we want American Made Products, then the economics to support American Manufacturing will be justified.
What we can do is Buy American Products to the highest degree possible, and that will cause the supply equation vote for American Made Products, and cause business to Make In America.
We cannot wait for Politicians to fix things here! We must fix them ourselves by banding together and planning our purchases of American Products. Instead of just walking into Walmart with a list of stuff to buy - go on the internet and get your stuff from Made In America companies. Clothes, Shoes, Household Stuff, Furniture, even the best Autos to buy are examined on the internet. Did you know the BMW has at least 6 American made models (Anderson South Carolina), that source their parts from 750 vendors, most of which are USA, with some from Mexico and Canada. The Chevy Volt is a great new electric car - Made In america. Need a Boat? Scout Boats of South Carolina are 100% Made In SC, USA. Evinrude makes engines in the USA (caution to not pick the models from China). Like Fishing? Some Penn Reels are still made in USA and you can find poles.
There are some things you will have difficulty finding. There is one model of Bunn Coffee Maker that is still made in USA. Computers - sorry, most components are not USA. Although NCR has made recent decisions to 'onshore' their manufacturing, and can justify their decison.
On the Video links below, you can see other Made In America Product Videos by looking at the Videos in the 4 icon square, and pick one of my other posted videos. If you need something specific, let me know - I do a lot of research on American Products, and have about 300 product links and Videos now. I plan to keep collecting these, and eventually sell American Products at my Web Site. Buy American, By for now.
http://www.nytimes.com/2010/01/01/opinion/01krugma...
Stop the government subsidies to companies that move to China:
http://www.exponentialimprovement.com/cms/offshore...
Invest in education at all levels to make American workers more productive:
http://phsa.theabramgroup.com/UserFiles/File/child...
http://dsp-psd.pwgsc.gc.ca/collection_2009/fin/F21...
Instead we are cutting back on education and shooting ourselves and future generations in both feet:
http://www.nytimes.com/2011/07/06/education/06time...
http://blogs.wsj.com/economics/2010/07/07/fewer-lo...
Similarly, invest in physical infrastructure:
http://www2.macleans.ca/2010/09/14/third-world-ame...
And welcome immigrants:
http://www.nytimes.com/2010/10/31/business/economy...
But most important, change the government policies that increase income inequality, discourage innovation, etc.
http://www.macroresilience.com/2011/01/31/the-grea...
The Chinese have been setting the standard for competitiveness. Northern Europe has kept up and their economies are growing with lower unemployment than the U.S. The U.S. hasn't.
http://www.project-syndicate.org/commentary/sachs1...