Posted by NCWayne on September 24, 2009 at 13:00:59 from (173.188.168.35):
In Reply to: Foreign made posted by ddl on September 24, 2009 at 07:40:41:
I'm with Mathisa on this one, when I shop for a high dollar item I look for the name brand along with the warranty. I don't care if something is made in Timbuck-Too or BFE if the company has the confidence to and reputation of standing behind their product no matter where it was made then why shouldn't I. Case in point I see guys on here all the time bragging on IR impact wrenches. The last few IR tools I've bought have had stickers on the handle proclaiming they were made in China...and they weren't CHEAP. If another company can make as good or better of a wrench and do it all here in the US then I'd be the first to knock on their door the next time I needed qa new tool.
What seems to be left out of these threads, beyond the previously stated percentage of exports from the US to other countries, is that the fact that something comes from another country doesn't necessarily hurt us. The way I've always understood it is after WW2, I think it, was the US tried it's best to turn completely inward and do everything for ourselves and after a short while that didn't work out so well as it created a stagnant economy. Basically we discovered that we have to have exports and we have to have imports to keep the economy alive and not stagnant.
What kills us, where the problem lies, is that our government allows other countries to import products without applying tarrifs on them compariable to the tarrifs being applied when our products are imported to their countries. Think about it if we import 1 million widgets it probably costs us a few jobs and maybe $100,000 in taxes every year. Thing is instead of applying a tarrif of $100,000 to the widgets to make up for that our government happily drops the price to $10,000 and WE make up the loses with our tax money. This creates a double whammy because we pay higher taxes, have higher unemployment, but get the benefit of a cheaper product which is percieved as saving us money. In the end though nothing is really saved because we're still paying to get the products cheap with our taxes.
On the other hand when we export something the country it's going into applies a fairely high terrif because their not stupid enough to take the loss like our government is. This in turn causes an increase in the price of products produced locally and for export because those companies have to recoup the cost of exporting somehow and how bettet than to do it by charging higher prices for their products...
Add onto this whole mess the ways our government ultimately causes higher production costs for US based companies penalizes taxes, EPA mandates, OSHA mandates, etc and in the end we all pay the higher price at the register.
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