- Top Features:
- War Room
- Glenn Greenwald
- Broadsheet
- Joan Walsh
- Camille Paglia
- Since You Asked
- Follow Salon:
Read other letters about this article
The money to revive the economy is buried in the trade figures. If you were to take the money that this country spends on imports and instead invested in the domestic manufacturing capacity, think how many jobs would be created. Instead we waste it on TVs built in China. This does not help U.S. economy. Apart from Wal-Mart, who else gains from the sale of this TV set? And even if this TV is cheap, imagine if it were to cost more, but its manufacturing had created jobs domestically, how much more it would have benefited American economy. It just shows the absurdity of the U.S. economy, whether in cheap gas, cheap electronics, etc. Cheap gas is what got us to the point where we are on the edge of destroying our automotive industry. The key is, everyone selling in this country or any other country, must benefit the local economy by producing the goods locally. How else are consumers going to have the money to buy the products? Each country has its own set of imposed costs, which make products produced in that country more or less expensive to produce. Trade simply moves unemployment from one country to another.
