BS from the BLS
by Sheila Velazquez
Overseas production guarantees that manufacturers and stockholders and everyone in the pipeline see greater profits. But do the Americans who have lost those jobs benefit from the lower costs of imported goods that we buy every day? In shopping for fabric, I discovered that American-made and Chinese- and Indian-made fabrics were the exact same price per yard. And that price was a third higher than a year ago. Can the North Carolina worker who lost her textile job afford to buy the fabric now produced in other lands? When I need plastic containers, I always buy Sterilite because the company produces its high-quality line in Massachusetts. And the prices are as good or better than some imports. So the question is, does the American consumer gain anything at all from the emigration of U.S. jobs?
http://www.dissidentvoice.org/July05/Velasquez0725.htm
Overseas production guarantees that manufacturers and stockholders and everyone in the pipeline see greater profits. But do the Americans who have lost those jobs benefit from the lower costs of imported goods that we buy every day? In shopping for fabric, I discovered that American-made and Chinese- and Indian-made fabrics were the exact same price per yard. And that price was a third higher than a year ago. Can the North Carolina worker who lost her textile job afford to buy the fabric now produced in other lands? When I need plastic containers, I always buy Sterilite because the company produces its high-quality line in Massachusetts. And the prices are as good or better than some imports. So the question is, does the American consumer gain anything at all from the emigration of U.S. jobs?
http://www.dissidentvoice.org/July05/Velasquez0725.htm
Starmail - 25. Jul, 17:15
