Quote:
Originally Posted by schaefer11
Products made in foriegn countries and imported to America cause an enourmous number of Americans to be employed. From the docks to transportation to distributors to retailers and everything in between. This idea that foriegn made goods do not benefit some Americans, although it may have hurt others, is misguided. And there are arguments made that in many cases, the net employment increases with imported goods.
As for pricing, goods are priced at what the market will bear, or they disappear from the market.
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It looks like I pretty much agree with you. I have no issues with having to compete against global companies as long as the playing field is level. (US products often face tariffs or other restrictions).
For those of you have not spent a lot of time in China, many of those companies exporting to the US are American owned or Joint Ventures with American firms. We don't complain when they pay dividends to our Portfolio's.
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