patches70 wrote:ooge wrote:
I don't think it is to much to ask to incentives American made products.
American made products made only by Americans living in your particular state? Screw the other 49 states?ooge wrote:have fun waving your made in China American flag
I don't wave any flag. It's just a piece of clothe. If waving an American made flag is important to you then you can always just make sure you purchase an American made flag.
Hey, ooge, good luck getting American made products in the forefront of available products. Have you ever wondered why the US has a trade deficit?
It's called the triffin dilemma.
You see, the US dollar is the World's reserve currency. Since the dollar is the WRC that means that an ever greater flow of dollars must leave the US. This is done so through trade, and hence we have a trade deficit.
The world needs dollars since goods (especially oil which is traded only in dollars*) are traded in dollars. That is if German wants to trade beer for wine from France, the German's change the value of their beer into dollars, the French change the value of their wine into dollars and from there they can determine the best equitable trade deal. $10 of beer for $10 of wine or whatever.
Since dollars are needed for trade, countries need dollars. Where do they get those dollars? Do we just give them dollars? Hahah! No, not at all. They sell their goods here in the US. Since the demand for dollars is so great, the triffin dilemma explains why whatever country hold the currency that is the world's reserve currency, that country must run a trade deficit.
If we were selling more goods than we were buying from other countries, they'd have no dollars to buy those good.
So, you can do all the incentives you want, but so long as the dollar is the reserve currency, you can't negate the trade deficit.
Thus, there will always be more products floating around from all over the world than is made in the US. You should take a moment to look up "triffin dilemma" and then you'll understand a little bit better what you are dealing with in order to make the right decisions on how to get what you wish to accomplish (more products made in the US. Guess what? You can't just make a law saying this State/county/country can only use products made in this State/country/country because it can't be enforced and it's just stupid considering reality).
Monetary policy. It's all about the money, stupid!
*Except the Asian dollar exclusion zone. Iran, China, India, Russia, Japan and soon Australia, all have trade agreements that circumvent the dollar as the reserve currency and they trade goods and convert their own currencies directly with each other instead of converting to dollars first.
so far you have discussed monetary policy and trade deficits. which is not remotely close to the point I was making or is relevant in the least to this discussion. What is relevant is the lengths the repubs will go to support their supposed free market ideology that they spout of like a bumper sticker slogan. Repubs, will not support a bill that will insist that American flags be made in America.The party that calls each other patriots when put in a situation to show how patriotic they are fail in the most basic ways.like for example this legislation.This legislation would not cause tariffs to all of sudden appear in other country's nor would it have any significant affect on trade deficits,(obviously and I cant believe I am posting such basic statements) but it may provide some patriotic pride in our country.Just as Japan protects their rice production as part of Japanese culture.You would think that American Flags would be important to American culture.But not to Republicans obviously. link to the article on the proposed legislation that the house let die.http://thehill.com/blogs/floor-action/h ... ican-flags