Quote:
Originally Posted by Bill14564
1. That may be the only product available
2. If it isn’t the only product available then US consumers were buying it due to its lower price
3. When tariffs are imposed US consumers will either pay more or do without
|
So where do we draw the line? The more cheap Chinese products we buy the more manufacturing plants in the U.S. either close or move their operations overseas for cheaper labor. Where are U.S. citizens going to get the money to buy cheap Chinese made products if there are no jobs? Manufacturing was a big part in the creation of the middle class in this country.
A few years back I visited a friend in Connecticut. The town he lived in was a very prosperous place to live and work. Not any longer! He drove me around the town pointing out numerous shuttered manufacturing facilities that closed due to cheap Chinese products. All there is now are low paying service industry jobs. Gotta have those cheap products!