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One of the biggest cheers President Donald Trump received from supporters watching his inaugural address on Friday was his call to “buy American and hire American.”
Many of those supporters were sporting Trump’s trademark red “Make America Great Again” baseball caps that were made in China, Vietnam and Bangladesh.
The Trump hats available for purchase on Trump’s official campaign website are made in the United States and cost between $25 and $30, according to the label inside those caps.
Way to go, this will be but one of a litany of lies and deceptive tactics El Jefe Trump will unleash on the poor saps of our country.
No, that's not BS, that's the stench of cynicism. I just bathed in it
originally posted by: Realtruth
a reply to: PhotonEffect
Did you even read the article? lmao!
Official Trump hats are made in the USA, knock-offs street vendors are made elsewhere.
If Trump has his way that rubber dog-crap from over-seas will come to a slow trickle.
Oh the irony .... or is it stupidity
originally posted by: MysticPearl
a reply to: PhotonEffect
Do you not understand how business works? Lefties don't so I'm not surprised.
It's simple, his hats which he produces are made in America.
That does not and has not prevented opportunity for others to use cheap labor overseas to sell the same hats. Now, ask yourself why it's advantageous for others to manufacture in Asia and.....you'll start understanding the world.
originally posted by: markosity1973
a reply to: BubbaJoe
That is pure economics.
I begin to wonder if people understand the 'race to the bottom' tactics that have seen all of factories close and move to China.....
For those who don't;
(All figures are fictitious but represent the very real principle)
In the USA I could say make a hat in my factory and sell it to a hat retailer for $5. The retailer then sells the same hat for say $12.50. Based on the assumption that it is made entirely from USA made materials, the entire $12.50 goes back into the economy of the USA.
The retailer is happy and the factory is happy. Hats are selling well at about 5000 units per month for the retailer.
Along comes another company, offering the retailer the same hat made in China for $3.50. The retailer at first gets excited and buys the hat and retails them for the same $12.50. His profits soar and he gets excited because he is now making $9 per imported hat instead of $7.50 off the locally made one. However Approx 3 for each hat is now going directly offshore and not back into the local economy.
A few months in, hat sales start to slow, so the retailer decides to reduce the margin on the imported hat and sell them for $10.50 because after all, he was only making $7.50 off the locally made hat and now he has two competing lines in the store and sales are declining. Sales for the new imported hat take off again. He is now selling more imported hats than ever before, but the locally made hats are not selling now because why would anyone pay $2 more for a hat that looks exactly the same
The same story repeats itself with retailer after retailer and eventually the owner of the hat factory faces a choice - declare bankruptcy and shut down the factory, or move manufacturing offshore. By the end of this cycle $15,000 per month is heading offshore if we are selling 5,000 hats per month.
And that everyone is why so many jobs have gone offshore. Because places like China simply undercut our locally made products even though the quality of locally made goods is often better. Furthermore it is a double hit to the economy because the money it actually costs to make the items heads offshore, never to be seen again.