English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

Imagine a small town. Let's say that a factory is the only source of jobs. That gets taken away and the town has no purchasing power. The same thing is happening the the USA but on a much larger scale. JOBS get taken away and the USA has no purchasing power. The effect is going to be the same, sooner or later. Companies worldwide depend on USA consumers to buy most of their products. So if jobs are gone, where is the purchasing power?

2007-03-28 04:11:40 · 5 answers · asked by jacobimmugatu 2 in Business & Finance Careers & Employment

5 answers

I have been noticing this since 2001, when I went off to college.

One day we shall learn.

2007-03-28 04:16:06 · answer #1 · answered by Lyndia 2 · 0 0

point granted;
say the factory makes tooth brushes

how many people in that small town are going to purchase their tooth brushes at $ 2 each., when a ditto 'made in china' sells in the next shop for $ 1
next, how many people in usa are willing to fork out double the cost
lastly, would be how do you sell this toothbrush abroad at that cost

this is the era of globalization & mind you, pioneered / championed by the usa itself

investors in the usa itself are today investing their money in china / india
simple > far greater dividents & returns

better off doing the things usa does best > high-tech
most intel & amd chips still 'made in usa'

convert the toothbrush factory to make something more suitable ... simplistically put !

2007-03-28 13:39:19 · answer #2 · answered by sεαη 7 · 0 0

I don't think anyone in a position of power really gives a hoot. They look at their bottom line, and it's cheaper (in the short term anyway) to outsource to China or India, so to hell with small town USA. You are right, in the end purchasing power will decline due to a poor economy and unemployment, but it's now, now, now, $$$$$$$ for the most part.

2007-03-28 11:18:27 · answer #3 · answered by GEEGEE 7 · 0 0

This is unfortunate but its reality. Most jobs are taken over by willing and lowly paid foreigners thus robbing Americans of their daily bread. I guess it's time the Americans realise that this is so real and one needs to accept reality and be realistic.

2007-03-28 11:17:13 · answer #4 · answered by SGElite 7 · 0 0

They will only stop when the c.e.o. s that are sendding these jobs away are sent with them.

2007-03-28 11:21:42 · answer #5 · answered by longjon 1 · 0 0

fedest.com, questions and answers