When we priced a U.S.-made version of our flagship product 85% higher than our Chinese-made one, 25,650 customers had the chance to vote with their wallets. Here’s what happened. As small business owners, we’ve heard it a thousand times: “I’d gladly pay more to support American-made.” We wanted to believe it. So we put
Yes, and my point is that people have been looking at that in the U.S. for years, and the only way for them to get large facilities in the states has been to literally give them tax free status for a decade, and even then it does not always work or follow through. The unemployment just isn’t there, and underpaid factory work doesn’t solve the main problem of the U.S., which is underemployment, which we are seeking to solve primarily by defunding education, which is an incredibly backwards way of doing shit.
Asking for a major shift in the economy, which has been a primarily service economy for decades now, is extremely difficult. What we actually need a huge expansion of social spending and de-privatization and de-monopolization with some level of onshoring of basic consumer goods.