Posted: 1/5/2013 2:21:13 PM EDT
| ...what do you think would happen if we stopped all foreign aid and required all merchandise sold here to be made here? |
|
We would be entirely fucked. We would either not be able to manufacture fairly basic stuff because nobody is willing to work in a plant for $8 an hour, or the basic stuff we take four granted would become too expensive to buy, either way we do without an awful lot of stuff. |
|
The former - great
The latter - protectionism bullshit. What would happen ? Well, to start, who would buy our stuff? We still sell a lot (planes, defense, heavy equipment). Second, the threat / use of foreign made goods is a pressure on domestic makers to keep prices low and quality high. Look at the autos made in the 70's when this was the de facto situation - SHIT quality and high prices. The list can go on and on as to the ramifications of such an idea. In short - our country would suffer. |
