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Thread: 'Shark Tank' Inventor Loses Big to 'Buy American' Fallacy

  1. #81
    Member Bruno's Avatar
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    For thousands of years people have bought goods traded from other countries because they could be made cheaper or better there.



  • #82

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    Quote Originally Posted by bxm042 View Post
    If you choose to "Buy American" that's your choice, but me.. I fucking love my cheap chinese shit.

    It's been my experience that my "cheap Chinese shit" breaks a whole helluva lot faster than my "made in America" shit, especially tools.

    Just my 2 cents' worth...

  • #83

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    Quote Originally Posted by KCIndy View Post
    It's been my experience that my "cheap Chinese shit" breaks a whole helluva lot faster than my "made in America" shit, especially tools.

    Just my 2 cents' worth...
    I make my living with my tools...+rep

  • #84
    Member Bruno's Avatar
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    As soon as Americans are willing to either remove the minimum wage and the stronghold of unions, or be willing to pay a lot more for their goods that are currently made overseas, you will see more American-made products.


    Quote Originally Posted by KCIndy View Post
    It's been my experience that my "cheap Chinese shit" breaks a whole helluva lot faster than my "made in America" shit, especially tools.

    Just my 2 cents' worth...
    Some things are worth paying more for to get quality, no arguing that. Most people won't wear out tools that others who use them for their trade daily would.
    Last edited by Bruno; 12-05-2012 at 06:26 PM.

  • #85

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    Quote Originally Posted by Brian4Liberty View Post
    Because in a vacuum, with a whole mass of important variables excluded, an economic hypothesis says that it is better. Plus politicians and corporate leaders told me it was a good thing. If I can't trust politicians and Wall St, who can I trust?
    Yup and a whole lot of people on this site seem to think it's dandy too.
    "We do have some differences and our approaches will be different, but that makes him his own person. I mean why should he [Rand] be a clone and do everything and think just exactly as I have. I think it's an opportunity to be independent minded. We are about 99% the same on issues." "People Try To Drive Wedges Between Rand And Me." --Ron Paul

    http://www.youtube.com/watch?&v=pB5JgzBVHN0


  • #86

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    outsourcing. aka the forcing through gunpoint of business to move their production overseas. if you disagree, take up with these people
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  • #87

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    Quote Originally Posted by LibertyEagle View Post
    Someone explain something to me, please. Why is it that after the WTO was established and NAFTA, CAFTA, etc. were passed that the giant sucking sound that Perot warned about did in fact happen. In addition to the once fairly even trade balance between China and America that then became a huge imbalance illustrated by the stockpile of shipping containers that were not needed for a return trip to China. Jobs and entire industries were outsourced, including nearly all of manufacturing and a good portion of the software industry. Unemployment is as high now as during the Great Depression, with no end in sight.

    Then tell me why you think this was a good thing. In your own words, please.

    Thank you.
    It's a good thing the same way computers and automation are a good thing. Less people working, less people injured from work, less people worrying about work related abuse and harassment. The only thing "bad" about unemployment is not having money, if we can overcome that, we'd NEVER worry about jobs. If your sole goal is to have jobs, then innovation and automation should be crimes, because efficiency ALWAYS AND ONLY leads to less employment and ALWAYS makes labor, skill less valuable. In fact, so does procreation.

    It's funny that people who are upset at unemployment or outsourcing seem to always blame corporate employers and the replacement employees, do they ever consider that procreation may be a problem too? If we had 1/3 or 1/2 less Americans today, would we have more or less consumption, inflation and unemployment? Somehow this is NEVER a problem. Because it's ok for a Americans who have children and want to feed their families, but not OK for corporations to feed their employees, or foreigners to want to feed their families.

  • #88

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    Quote Originally Posted by LibForestPaul View Post
    outsourcing. aka the forcing through gunpoint of business to move their production overseas. if you disagree, take up with these people
    http://www.dondero.com/misc%20seals/DT_Customs_SA.jpg
    http://humanewatch.org/images/upload...sury_badge.gif
    who is forcing a business to outsource? Taxes? Wage limits? Or just foreigners with cheaper labor?

  • #89

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    Quote Originally Posted by KCIndy View Post
    It's been my experience that my "cheap Chinese shit" breaks a whole helluva lot faster than my "made in America" shit, especially tools.

    Just my 2 cents' worth...
    German quality kicks our ass seven days from Sunday though.

  • #90

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    Quote Originally Posted by Tpoints View Post
    It's a good thing the same way computers and automation are a good thing. Less people working, less people injured from work, less people worrying about work related abuse and harassment. The only thing "bad" about unemployment is not having money, if we can overcome that, we'd NEVER worry about jobs. If your sole goal is to have jobs, then innovation and automation should be crimes, because efficiency ALWAYS AND ONLY leads to less employment and ALWAYS makes labor, skill less valuable. In fact, so does procreation.

    It's funny that people who are upset at unemployment or outsourcing seem to always blame corporate employers and the replacement employees, do they ever consider that procreation may be a problem too? If we had 1/3 or 1/2 less Americans today, would we have more or less consumption, inflation and unemployment? Somehow this is NEVER a problem. Because it's ok for a Americans who have children and want to feed their families, but not OK for corporations to feed their employees, or foreigners to want to feed their families.
    Are you serious?

    Where is one of those facepalm images?
    "We do have some differences and our approaches will be different, but that makes him his own person. I mean why should he [Rand] be a clone and do everything and think just exactly as I have. I think it's an opportunity to be independent minded. We are about 99% the same on issues." "People Try To Drive Wedges Between Rand And Me." --Ron Paul

    http://www.youtube.com/watch?&v=pB5JgzBVHN0


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