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re: I'm all for more U.S. jobs, but things will cost more.

Posted on 1/25/17 at 3:52 pm to
Posted by buckeye_vol
Member since Jul 2014
35252 posts
Posted on 1/25/17 at 3:52 pm to
quote:

People act like China wont up the price one day.
What do you mean "China" will up the price? If a company increases their prices artificially, then they also decrease their demand and risk being undercut by somebody else.
Posted by ninthward
Boston, MA
Member since May 2007
20528 posts
Posted on 1/25/17 at 5:53 pm to
quote:

What do you mean "China" will up the price? If a company increases their prices artificially, then they also decrease their demand and risk being undercut by somebody else.
Uh, their raw materials as in raw material and labor, what did you think?

*I'm talking about consumer goods manufactured from overseas, and why these are produced overseas and what has to be done to maintain that price both at the manufacturing level and at the consumer, high mfg cost will increase consumer cost.
This post was edited on 1/25/17 at 5:57 pm
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