Posted by oldtanker on November 03, 2013 at 07:57:07 from (66.228.255.116):
In Reply to: American ingenutiy posted by Edd in KY on November 03, 2013 at 06:20:03:
Edd in KY said: (quoted from post at 07:20:03 11/03/13) American consumers could not have purchased imported goods unless our government allowed it to be imported. Those nations don't allow many American imports into Japan or Korea or China....including beef, and rice...and especially cars and trucks.
How about fair trade?
Edd the thing is our government didn't/doesn't tax like items they way other countries do. Why? Because Mr/Mrs/Mz voting public, consumer wants cheap products.
Why do you think companies like Toyota build factories in the US? Because during the Carter/Reagan recession when the "buy American" kick was in full swing, those companies were trying to avoid the proposed taxes that would drive their prices up to the point where they couldn't be sold in the US. The only thing our politicians did was pass a fair trade act that would tax a product like that only if the country of origin's government subsidized that item to make the price artificially low. Too bad they didn't do that with food products.
Rick
This post was edited by oldtanker at 08:07:05 11/03/13.
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