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You know that a company can be a "USA Manufacturer", including those "made in America" stickers, and be completely and wholly owned by foreign investors, right?
Note that , "Assembled in the USA", "Hand crafted in the USA" and other similar designations is not the same as "Made in the USA". That is the one designation that is regulated, the product can only contain a negligible amount of foreign material. e.g if you were making shoes the eyelets or adhesive might be considered negligible. Of course those companies could be owned by foreign entities.
If you are looking for products fully made in the USA you need to look for that label because any company that can use it will display it prominently.
Location: The place where the road & the sky collide
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Quote:
Originally Posted by Wells5
He keeps talking about American industrial renewal but the US Government corporation, Amtrak, just ordered 75 new locomotives from Siemens, a German company. There are 2 US companies that can design and manufacture diesel locomotives for Amtrak from scratch in the USA: GE (now owned by Wabtec) and EMD, owned by Caterpillar. This is globalization in a nutshell.
Meanwhile, Amtrak just put out for bid an order for 470 new "Amfleet" passenger cars. Unfortunately, there are no US companies that can manufacture passenger cars. The last company (Budd) shut their facilities in 1986. Will the "China Railway Rolling Stock" company get the order?
I remember when Budd closed. It would be nice if a billionaire would resurrect it. Budd also built subway cars. With the newfound interest in trolley and light rail systems, a company that dealt with all of those entities might make it now.
So I guess we shouldn't allow people to buy Mercedes, BMW, Audi, Nissan, Toyota, Honda, Fiat, Hyundai, etc? Even though many manufacturer cars right here, and employ tens of thousands of U.S. workers?
I am sure Amtrak considered all sources, and bought the product that could do the job NOW, for the best value.
It's amazing how simplistic trump supporters are when looking at manufacturing. They are willing to screw companies that manufacture here because they are headquartered elsewhere, despite being publicly traded.
Or they are willing to screw companies that manufacture here because they have to use imported parts
What "I" find amazing is the raw emotion being slung from BOTH sides of the aisle, completely disregarding free market economics.
If we can purchase a product of roughly the same quality from a foreign country and ship it to where it is needed for less than we can manufacture it ourselves, what idiot would demand we buy the same product for more money just because it was manufactured in the USA? It makes ZERO economic sense.
Placing tariffs on imports and/or exports also make ZERO sense because all it does is harm the producers and the consumers and the ONLY benefit is to the governments imposing the tariffs.
As far as manufacturing goes... how many of you want to work on a manufacturing line, assembling and manufacturing widgets 8 hrs a day, 5 days a week, 52 weeks a year? Have you ever done mind numbing repetitive labor before? It has to be just about the least mentally stimulating job a person can have.
What is wrong with buying roughly the same quality product for the least amount possible? Isn't that what we all try to do anyway? When you walk into a US made car dealership or even try to purchase a home in the US, don't you try to negotiate the lowest possible amount for that purchase? Any and everyone with any sense does, so how is putting your own self interest first bad just because the products you're buying are coming from a foreign country? Wouldn't buying products for the least amount possible leave you with extra money to spend or invest elsewhere? If so, how is putting your own self interest first bad? Is there ANY reason other than to proclaim some form of xenophobic driven pride?
What I've seen in almost every post here is a combination of complete disregard for the laws of economics, fundamental misunderstanding of how everyone, including the average person and the poor, benefit from free market trade and outright emotion driven xenophobia.
When will this madness known as economic ignorance end?
But that's just MY opinion... for what it's worth.
What "I" find amazing is the raw emotion being slung from BOTH sides of the aisle, completely disregarding free market economics.
If we can purchase a product of roughly the same quality from a foreign country and ship it to where it is needed for less than we can manufacture it ourselves, what idiot would demand we buy the same product for more money just because it was manufactured in the USA? It makes ZERO economic sense.
Placing tariffs on imports and/or exports also make ZERO sense because all it does is harm the producers and the consumers and the ONLY benefit is to the governments imposing the tariffs.
As far as manufacturing goes... how many of you want to work on a manufacturing line, assembling and manufacturing widgets 8 hrs a day, 5 days a week, 52 weeks a year? Have you ever done mind numbing repetitive labor before? It has to be just about the least mentally stimulating job a person can have.
What is wrong with buying roughly the same quality product for the least amount possible? Isn't that what we all try to do anyway? When you walk into a US made car dealership or even try to purchase a home in the US, don't you try to negotiate the lowest possible amount for that purchase? Any and everyone with any sense does, so how is putting your own self interest first bad just because the products you're buying are coming from a foreign country? Wouldn't buying products for the least amount possible leave you with extra money to spend or invest elsewhere? If so, how is putting your own self interest first bad? Is there ANY reason other than to proclaim some form of xenophobic driven pride?
What I've seen in almost every post here is a combination of complete disregard for the laws of economics, fundamental misunderstanding of how everyone, including the average person and the poor, benefit from free market trade and outright emotion driven xenophobia.
When will this madness known as economic ignorance end?
But that's just MY opinion... for what it's worth.
Your opinion is spot on!
All this "free market" bullcrappola these types profess to believe in, completely negates their position of insular production and consumption.
They'd still be writing to each other using pencils had they maintained that to the degree they now espouse to demand.
You know that a company can be a "USA Manufacturer", including those "made in America" stickers, and be completely and wholly owned by foreign investors, right?
Just a bit longer commute to work for those Americans who want decent paying jobs.
The locomotives will be assembled in the USA from mostly foreign made parts and, most importantly, the engineering work was done in Germany.
The business and academic elites, aided and abetted by our Congress, has been pushing globalization since at least WW2. The Trump regime hasn't done a thing to reverse it.
Not according to the Siemens website for the plant:
The Sacramento plant builds rolling stock from start to finish: design, engineering, car shells, bogies, subassembly, final assembly and testing, all while leveraging sustainable manufacturing practices. In addition to getting more than 80 percent of its electricity from solar power, the plant employs new technologies and practices that have reduced volatile organic compound waste by more than 50 percent while increasing production by more than 200 percent in less than three years.
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