Bas has reported a post.
Reason:
Forum: Off Topic
Assigned Moderators: ScottM, TracyP
Posted by: Jeff
Original Content:
Reason:
Post: Junk from China!This is getting into taxes, labor laws etc.
Forum: Off Topic
Assigned Moderators: ScottM, TracyP
Posted by: Jeff
Original Content:
Good thread with insightful discussion points. Very complex and intertwined dynamics.
1. Corporate greed and/or shareholder demands for ever higher and sustainable dividends?
2. A 35% US corporate tax rate "forced" globalization to ensure point 1 above?
3. US Labor Unions demanding ever increasing wages and benefits (i.e., the USW & UAW). Kinda priced themselves out of the market IMHO to achieve a higher standard of living at their own demise.
4. The American consumer demanding quality, but cheap too?
5. An ever increasing expectation of more entitlements for free?
Personally, I prefer to buy American made, but you still have to do the homework to convince yourself that you're really getting what you're paying for. Sometimes it's not crystal clear just because it says "American Made".
+/- $0.02.