Quote:
Originally Posted by EastCoastDawg
For most items, I am firmly in the "don't care" camp. There is little money to be made from the manufacture of cheap items, and few jobs would be created since most such stuff is mass produced by machines. However, as these items are cheaper when made overseas we are able to afford more of them, which creates additional jobs in the USA in distribution and running retail outlets.
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Quote:
Originally Posted by The Buckeyes
A small flaw in your analysis...if it, whatever, was made in America there would be job creation. This would be in addition to additional jobs in distribution and retail outlets mentioned above.
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Well, I am no economist (thank goodness) but my point was that, with mechanisation, a factory churning out millions of small items can be run with very few employees, hence little in the way of job creation. And if those small items cost twice as much to produce in the USA (which is why their production shifted overseas in the first place) then fewer of them would be bought, so jobs would be lost in the distribution and retail industries in the USA. So you could well end up with a net loss of jobs.