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Originally Posted by rickholio
Can you identify a US-made item that is in hot demand in India? I can think of cars, but that's about it.
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Like I said, the average person in India is too poor right now to purchase our goods. Thats changing now, and in the last 2 years India's non-oil imports have raised by more then 30% per year.
And as far as things being cheaper to make here in the USA, Japan and Europe send alot of things over to the USA because we are more efficient at pumping them out. For example, in India the average worker may be able to make 5 widgets a day, but here in America, the same worker on a more efficient machine can pump out 50 widgets a day.
I can afford to pay 10x as much for the American worker, because I'm getting 10x the product daily.
So this "potential" is reality... it is what has happened and what is happening.
And for you to insinuate that these people affected by outsourcing end up working at Wal-Mart is ridiculous. Like you said, Wal-Mart is as low as you go, but its also a long way down with many stops along the way if you are eager to work. And Wal-Mart was growing and people were working there on shitty wages long before outsourcing was an issue, but thats a whole other bag of worms.