
Originally Posted by
Paulmal
The US makes high-tec fabrics, stuff like cotton ect. is cheaper to make over seas, and import.
There is alot that is taken into account in staying in the US vs going overseas. Recently alot of manufacturing has repatriated because of the inventory cost of having to import your products, having to deal with customs takes lots of time, and the opportunity cost of the capital tied up at customs and and traveling across the ocean has to be taken into account in the formula when looking at where it is best to make your product.
in todays global economy I could care less where my stuff was made. I care more about the quality and reputation. the Chinese are just as capable as Americans. I believe that the world economy is best served if each country plays to their comparative advantages, free trade can elevate millions of people out of absolute Poverty (less than $1 per day per person in a family, IMF definition) and make Us better off with more income with better cheaper products that we want.
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