Quote:
Originally Posted by Barry-xlovecam
Some American made goods are worth the extra cost -- most are not.
Most coal miners cannot afford USA made goods.
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So more people should lose their jobs. And you will pay more in taxes to subsidise them.
Your argument is very narrow and trying to justify a short-term policy that you believe will never affect you. The reality is it will affect and probably already has. The Third World didn't stop at making clothing and cheap items. They're now making highly sophisticated products. Taking the jobs of the high paid US executives, which is your customer base, and replacing them with lower paid Third World executives.
Even if you rely on only the bankers as customers, don't be too smug. China is growing fast as a Banking sector and the next bank crash will once again reduce your sales.
Just pray that the Third World doesn't start to bite into your cam sales by starting their own businesses.