If giving americans 600 dollars a piece keeps us out of a recession...

[52andout]

Dobbs: Our leaders have squandered our wealth - CNN.com

from the mouth of Dobbs
"The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."

[dumpster56]

Quote:

Originally Posted by 52andout Dobbs: Our leaders have squandered our wealth - CNN.com from the mouth of Dobbs "The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."

Well what do we buy that is made in america?? Even New Balance running shoes are made in Vietnam.

Its all BS the well americans spend it on imports, well no kidding, we make NOTHING!! Business went to the cheapest place to make anything.

[Marquette]

Quote:

Originally Posted by newguy888 Well what do we buy that is made in america??

Go buy a John Deere or some software (the CDs are manufactured elsewhere I'm sure, but the brain capital is here). Heck, I'd be a nice Cat back-hoe would look nice in the driveway. Ever thought about one of those?

[megacorp-firee]

I think that we are losing sight of the fact that while most of the 'stuff' is made in China, India, Vietnam, ...etc. It is bought in the local Wal-mart, Target, ...even Tiffanys. This provides jobs for the workers and the support infrastructure behind it (truckers, longshoremen, police, fire, govt, schools, restaurants, road builders, electricians, plumbers, farmers, ... etc.). It's been quite a while since we had massive cities filled with factories and assembly lines.
The American jobs seem to be from Honda, Toyota, BMW, ...etc. So if you want to buy American, ....there you go.
Where the heck have you all been for the last 20 years?

[GLM]

I can't resist. Spend the rebate on a product made in the USA! ( megacorp of family member) I think the trees are home grown too.

[HFWR]

Quote:

Originally Posted by 52andout "The truth is that consumers spend most of their money on foreign imports, and any stimulus package probably would be stimulating foreign economies rather than our own. Imports, for example, account for 92 percent of our non-athletic footwear, 92 percent of audio video equipment, 89 percent of our luggage and 73 percent of power tools."

We have met the enemy, and it is us...

[FinanceDude]

Our manufacturing has been outsourced to countries with cheap labor, but actually manufacturing jobs have been growing in the custom and technical markets.

I have a client that retired from a local company that makes BIG gears for large machinery. There are two other companies in the WORLD that do the same thing, one in Sweden and one in Japan. They can't KEEP UP with the demand. NOONE in their industry will buy a gear from China, Korea, or anywhere else the cheap labor is, they don't TRUST the quality control or tolerances behind it............