Quote:
Originally Posted by J746NEW
Should the workers of America unite and import the best of what is available in other economies that would work to their best interest and also prevent companies that choose to move to China and other third world countries from selling here?
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Quote:
Originally Posted by J746NEW
In before the naysayers.
We used to be an exporter heavy nation, but our trade balance is way off kilter and we import more than we export.
Not only In Dollar Amounts.
In material goods, one for one, that are dirt cheap, it is way off the scale.
Dirt cheap goods that are sold to American's for very inflated prices to enrich investors and the top elite.
Tariffs would kill them and their schemes so they would never be for it.
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Does your mother know you never completed the 6th Grade?
I'll try to help you out here.
The population of the US is 317 Million, while the population of the rest of the World is 6.6 Billion.
Which is more, or which number is bigger?
Right, 6.6 Billion
is much bigger than 317 Million.
Before we get too far into 6th Grade Math, it might help to review 5th Grade Math and decimals. Did you have much trouble with that? I'm guessing it was a problem at the reformatory.
If it costs $23.20 to manufacture a Go-Widget in the US, and you sell it for $28.20, then your profit margin is $5.00 and we can see that clearer here...
$28.20 Sale Price
$23.20 Less Costs including the wages of overpaid Americans
-------
$5.00
See how that works?
Okay, now, suppose in Romania it costs $2.40 to manufacture a Go-Widget of the same quality, and the sale price is $7.40. How much profit is that?
$7.40 Sale Price
$2.40 Less Costs including Free Market wages for Romanians
------
$5.00
Wow! How about that....mmmhhh?
So, let's say the US and Romania are selling their Go-Widgets in India.
Do you think an Indian would pay $28.20 for something Made in USA when they can buy the same thing, same quality
Fabricat in Romania for $7.40?
Seriously, what kind of stupid idiot would pay 4x more for something they can get cheaper?
You're not implying that Indians are Stupid are you?
Did I mention there are 1 Billion Indians?
What's 1 Billion * $5.00? Right, $5 Billion.
What's 317 Million * $5.00? Well, it's not $5 Billion....it's $1.5 Billion
Which is more money, $5 Billion or $1.5 Billion?
Did I mention there are 1.5 Billion Chinese?
Figure it out yet?
When you come down off of your pedestal, perhaps you'll realize that the World does not revolve around you.
The name of the game is not to sell to 317 Million Americans, it is to sell to the other 6.6 Billion people on this Earth.
As an investor in a US corporation, do I give a damn if the unemployment rate is 25% and the average wage is $15/hour?
No....I don't care one bit, because 6.6 Billion is bigger than 317 Million.
20x bigger. Almost 21x bigger.
Gee, do I want my stocks and my wealth to increase 1-fold or 20-fold?
Tough question for those who never completed the 6th Grade....
Mircea
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