Anonymous wrote:Interesting data on Chinese imports....unlike European goods, most of the money stay in the US!
"When you buy a new t-shirt in Manhattan, some of the money goes to the manufacturer in China, and some of the money goes to the US company that sells the t-shirt.
Looking at the distribution of expenditures on imports shows that for China, 56% of the money paid stays in the US, and 44% goes to China, see chart below.
The bottom line is that more than half of the money paid for US imports from China stays in the US.
Anonymous wrote:Anonymous wrote:Anonymous wrote:And our shelves will be empty in about 6 weeks. Then what?
Then Americans realize how beholden we were to China and realize we sold ourselves out as a country a generation ago courtesy of Ivy League MBA’s running corporate America who enriched themselves while sending all of our industry and manufacturing jobs overseas.
Payback time.
Yeah, them college boys and their fancy pants ideas about moving to service based economy because we became a power house nation that values higher education. Fk em! We don’t need em. We need factories that make jingoistic platitudes! And we need to bust all unions so kids can work there!
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:And our shelves will be empty in about 6 weeks. Then what?
Then Americans realize how beholden we were to China and realize we sold ourselves out as a country a generation ago courtesy of Ivy League MBA’s running corporate America who enriched themselves while sending all of our industry and manufacturing jobs overseas.
Payback time.
Because that is what the GOP designed with creating NAFTA.
Bill Clinton wasn’t the GOP.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:And our shelves will be empty in about 6 weeks. Then what?
Then Americans realize how beholden we were to China and realize we sold ourselves out as a country a generation ago courtesy of Ivy League MBA’s running corporate America who enriched themselves while sending all of our industry and manufacturing jobs overseas.
Payback time.
Because that is what the GOP designed with creating NAFTA.
Clinton pushed NAFTA.
Ronald Reagan was the first U.S. president to propose a trilateral free trade agreement between the nations of North America. His successor, George H.W. Bush, opened negotiations with Mexican President Carlos Salinas de Gortari, which Canadian Prime Minister Brian Mulroney later joined. The goal was to do away with most tariffs and barriers to the movement of people and products across the three countries' borders. The debate over ratification of the treaty was heated in all three countries, with critics warning that it would have adverse affects on the ability of workers to organize and, as a result, depress wages. There were also environmental concerns, which were addressed by a side deal. All three nations ratified NAFTA in the end, and President Bill Clinton signed it into law on December 8, 1993. it took effect on New Year's Day 1994.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
Take a wild guess who relies on these cheap clothes. Not households like mine with an annual income of over $400,000.
Do you know how many tons of fast fashion made in China ends up in landfills or dumped in the high desert of some South American countries? Also, do you know how much carbon and chemical pollution fast fashion creates?
We also have tons of clothes available through thrift stores that goes unsold every year.
Oh okay, that’s a good solution. Thrift stores. Thanks.
This may be the one good thing that comes from tariffs. They slowing down of trends and fast fashion, because most of us won't be able to afford to buy new clothes and shoes any more.
+1
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
Take a wild guess who relies on these cheap clothes. Not households like mine with an annual income of over $400,000.
Do you know how many tons of fast fashion made in China ends up in landfills or dumped in the high desert of some South American countries? Also, do you know how much carbon and chemical pollution fast fashion creates?
We also have tons of clothes available through thrift stores that goes unsold every year.
Oh okay, that’s a good solution. Thrift stores. Thanks.
This may be the one good thing that comes from tariffs. They slowing down of trends and fast fashion, because most of us won't be able to afford to buy new clothes and shoes any more.
Anonymous wrote:Do you buy garlic from China?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
Take a wild guess who relies on these cheap clothes. Not households like mine with an annual income of over $400,000.
Do you know how many tons of fast fashion made in China ends up in landfills or dumped in the high desert of some South American countries? Also, do you know how much carbon and chemical pollution fast fashion creates?
We also have tons of clothes available through thrift stores that goes unsold every year.
Oh okay, that’s a good solution. Thrift stores. Thanks.
Anonymous wrote:Anonymous wrote:And our shelves will be empty in about 6 weeks. Then what?
Then Americans realize how beholden we were to China and realize we sold ourselves out as a country a generation ago courtesy of Ivy League MBA’s running corporate America who enriched themselves while sending all of our industry and manufacturing jobs overseas.
Payback time.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
You can have 3 pairs of socks, not 30.
Or, hear me out, you can have 10 pair of socks ethically made by non-slaves and children.
Say like Darn Tough socks made in Vermont.
https://darntough.com/pages/about
Anonymous wrote:Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
Take a wild guess who relies on these cheap clothes. Not households like mine with an annual income of over $400,000.
Do you know how many tons of fast fashion made in China ends up in landfills or dumped in the high desert of some South American countries? Also, do you know how much carbon and chemical pollution fast fashion creates?
We also have tons of clothes available through thrift stores that goes unsold every year.
Anonymous wrote:Anonymous wrote:Oh no, no more $5 dollar pants and dresses made by schild slave labor from shein and temu
Take a wild guess who relies on these cheap clothes. Not households like mine with an annual income of over $400,000.