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It seems to me that our appetite for "cheap" whatsoever is what has decimated our own manufacturing power. Our innovation...copied and cheapened. This is why furniture, apparel, socks and virtually all consumer products are coming from China.
We can't complain about the impact of cheap market ruining products and participate in our own devaluation. Congress can't legislate our way out of our appetite for cheap.
How do we expect our customers to be willing to pay for the value they receive if we aren't willing to support the back bone of the US? If these products were "better" AND "cheaper" it could serve us to re-evaluate the how and what of our business, but they are NOT better...just cheaper. So take off your MAGA cap and buy one!
  • Posted 23 Jul 2020 00:28
  • By liftmaster
  • joined 3 Mar'09 - 6 messages
  • Texas, United States
Uwe B.

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Fact of the week
The dot-com bubble, a period of large and rapid investments in internet-based companies, peaked in 2000 and saw the Nasdaq Composite index rise by 579%. Then the bubble imploded. As the value of tech stocks plummeted, cash-strapped internet start-ups became worthless and collapsed.