Sunday, July 17, 2011

Do you complain about the U.S. economy while giving your money to Asia?

Do you complain about the U.S. economy while giving your money to Asia?
I am not a fan of Wal-Mart. In fact, i'll spend a little more money not to shop there. I am wondering why some people like it so much. I went there a few times and stopped, because all that store sells is low quality crap that's made in China, Indonesia, India, the Philippines, Mongolia, Taiwan... In fact, I think it should be renamed to China-Mart. They like to move into small "everyone knows everyones' business" towns, sell their low quality crap so cheap that they drive the local mom and pop shops out of business, on purpose, and then when they've obliterated their competition they raise the prices. I don't understand why people complain about the economy, oh, poor me, wah wah wah, and then they go shopping and buy things that were made in different countries in Asia instead of buying products that are made in America? Yeah... that makes sense.
Economics - 5 Answers
Random Answers, Critics, Comments, Opinions :
1 :
I make a point to buy products made here in the USA --- So no I don't complain...... But most Americans don't even give a poop..... So they can just enjoy there ride in there Hyundai while on the way to the unemployment office......
2 :
On that premise, residents of Ohio should not buy goods made in Texas.
3 :
it's all about low cost of producing goods; consumers want cheap products so producers have no choice but to lower the price by reducing cost; this will benefit both US consumers and producers though jobs r created in these low cost producing countries
4 :
Buying low cost stuff from wall mart keep Americana's Real Incomes higher. If people want to buy expensive products, then they can. Why is it a problem that people want to save money. Big chain stores like wall mart have lower cost per unit because they are large. They can take advantage of their economies of scale where small 'mom & pop' stores have to higher prices because of their small size. Saving money is not a bad thing.
5 :
'they've obliterated their competition they raise the prices'. Really? You really think that could happen? That sounds like something you'd read in a high school economics textbook. You can't obliterate your competition and then jack up the prices because the act of raising prices will push people away from shopping at your business and allow others to open shop and compete with you again. I do shop at wal-mart and have honestly not seen prices rise. We had a local business that went out of business after wal-mart came to town, the employees now work at wal-mart earning higher wages. And us consumers, we have more purchasing power thanks to their 'low quality crap that's made in China...' The reason why so much 'crap' is made in China rather than the states is because our wages are artificially too high. State, Federal and Union set wage rates, as well as taxes make it too expensive to create goods here. Why do you think Toyota is still in business when GM needed to be 'bailed out' only to fail anyways? I'm a musician. I can buy a good trumpet from yamaha for around 1.5k or one made by kanstul for 2.5k Why would I want to spend an extra 1k just to buy U.S.made? I'm not rich, 1k can help me out alot. There is more to this picture than China.