Each store I go into, besides perishable goods, 90 percent of the items are imported and 80% are from China. The rich are getting richer off of this importing buisness and the middle class is getting wiped out. How can we stop this? I don't think it is a political issue, I think every one in America can stop this by buying made in usa only.
2006-10-27 10:24:26 · 3 answers · asked by dkf2222 2 in Social Science ➔ Economics
This is a good non-economist's perception of what's happening. In truth you can't stop it, and what's more it would be bad for you to try. The reason is this: the American consumer gets a very good deal by buying from China. Things cost a lot less than they would if made in USA. The spare money people have then goes into buying other things, and services, so raising the standard of living. Meanwhile, US businesses are selling all sorts of things to the rest of the world (exports are going up), mostly business-to-business. Lots of Americans are in work because of exports. You may not see them on the shop shelves in Mexico and France but they're in the backroom, like the software that Mircosoft makes and the telephone switching apparatus from GE and so on.
2006-10-29 01:01:30 · answer #1 · answered by MBK 7 · 0⤊ 1⤋
Because business is business.
Remember economic principal Gain profit as high as possible,and keep the cost as low as possible if necessary free.
That's the goal of economy.You think that's not happen here?
2006-10-27 19:27:18 · answer #2 · answered by It's Me! 5 · 0⤊ 1⤋
cant stop them now
the chinese and american economies are the 2 greatest ones in the world, measured in GDP (PPP), they are relying on each other
if we buy only made-in-usa's we wont have a lot of stuff left
2006-10-28 18:10:41 · answer #3 · answered by Anonymous · 0⤊ 1⤋