"Made in America" & $15 an hour

in america •  3 years ago 

"Trump made creating manufacturing jobs and boosting goods "made in America" a centerpiece of his platform, but in practice accomplished very little on that issue. His own company manufactures most of its products overseas, often in China."
https://www.msn.com/en-us/news/politics/dr-ozs-maga-campaign-he-wants-to-get-tough-on-china-%E2%80%94-but-his-products-are-made-there/ar-AARqk7E

"President Joe Biden, along with other Democrats, have voiced support for an increase in the federal minimum wage from $7.25 to $15 an hour."
https://www.cnn.com/2021/03/09/us/15-minimum-wage-employees-small-business/index.html

"If an N95 mask sitting on a rack at Home Depot that is made in China looks equivalent to an adjacent higher-priced one made in the United States, consumers typically opt for the less-expensive one."
https://hbr.org/2020/04/bringing-manufacturing-back-to-the-u-s-is-easier-said-than-done

"A Reuters/Ipsos poll released on Tuesday found 70 percent of Americans think it is “very important” or “somewhat important” to buy U.S.-made products.

Despite that sentiment, 37 percent said they would refuse to pay more for U.S.-made goods versus imports. Twenty six percent said they would only pay up to 5 percent more to buy American, and 21 percent capped the premium at 10 percent."
https://www.reuters.com/article/us-usa-buyamerican-poll-idUSKBN1A3210

"According to FTI Consulting, 40% of Americans are no longer interested in buying products that are stamped with “Made in China.” Nearly 80% are now willing to pay higher prices to companies that close their Chinese factories."
https://www.usatoday.com/story/opinion/2020/06/07/americans-willing-pay-goods-made-in-america-so-tell-them-columns/3144467001/

"If wages keep rising, companies will be tempted to pass along higher labor costs to consumers in the form of high prices."
https://www.marketwatch.com/story/u-s-inflation-is-still-climbing-and-now-higher-labor-costs-are-adding-to-the-pressure-11622836145

"Foreign manufacturers are often much cheaper than domestic sources; and while your product may be made by a debt indentured worker in an ecological wasteland, your costs of labor could be reduced by as much as 80%."
https://www.thebalancesmb.com/choosing-between-domestic-and-foreign-manufacturers-3502283

POLL: 63% Of Americans Believe The Government Should Buy US-Made Products Even At Higher Price Tags
https://dailycaller.com/2021/03/30/made-in-usa-america-manufacturing-government-poll/

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