With banks reeling on credit issues, Americas two front war, and the mortgage meltdown, its no great surprise that we must reevaluate how and where we spend our hard earned cash.
Economist have been issuing warnings long before the crisis was fully felt in our pocketbooks. The swan song has been primarily, that outsourcing to foreign countries will eventually blow up in our faces.
To a capitalist mind, slicing significant cost on manufacturing goods is the sweetest melody one can entertain, especially if they are marked up significantly and sold at current US retail prices.
Retrospectively however, the investment of manufacturing that was initiated outside of the US was realized at the expense of future US interest. Meaning-the" savings", of outsourcing were temporal compared to the "loss" of future growth in the US economy. In this instance, growth means; keeping jobs in America, using American skilled labor, keeping American suppliers busy, etc... The list is endless when it comes to opportunities that could have , but have not been realized, because of the greediness of American capitalist.
Blaming the Chinese or any other foreign polity for our economic woes at this point is cowardly and irrelevant. The blame must be placed on ourselves both as manufacturers and consumers.
Our mantra should be at this point, let us buy American...let us put back into the future of our children's children and secure for them a means to be financially secure...
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