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Old 11-28-2012, 08:20 PM
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BarryRX BarryRX is offline
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Quote:
Originally Posted by eweissenbach View Post
If every American spent $64 on American goods RATHER THAN foreign goods. 3 million x $64 = $192 million dollars in ADDITIONAL revenue for American companies which I presume is the money that would generate the additional jobs.
That may be correct, but I'm not convinced yet. If everone purchases $64 of goods at Wal-Mart, then Wal-Mart gets 192 million dollars in revenue whether or not the items I purchase are made here or somewhere else. If we all don't purchase those items at Wal-Mart, but purchase them in the "made in America" store, then Wal-Mart has lost that revenue and lays off workers. Isn't it a "zero-sum" equation?