Re: Is anything still made in the USA???

Posted by BB on January 26, 2005 at 12:33:20 from (65.216.31.130):

In Reply to: Re: Is anything still made in the USA??? posted by bad mechanic on January 26, 2005 at 12:08:49:

I am not an economist but this is really a simple economic matter. If there were no imported manufacturing products, no imported food products, no immigrant labor, and no foreign competition, prices for USA goods would skyrocket. That would be like all of us taking a major wage cut. Our buying power would fall off the edge. We would be buying far less. Business profits would fall including what small mom & pop stores there are left. Housing markets would drop. Tax collections would drop. Government services would be reduced. ETC. ETC. The result would be a collapse of the US economy. It took years to get where we are. And it would take years to go back. But it ain’t gonna happen. I don’t care for all the imports either, but it is here to stay. The people are not going to do it and the government trying to do it for us would be a disaster. As soon as prices started rising, people would start screaming how the government was screwing everything up and to put it back the way it was.

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