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If it's made domestically, it costs less to move it around and get it to customers. Harder to deliver to customers = more expensive Easier to deliver to custo
by rglover 5y ago
If it's made domestically, it costs less to move it around and get it to customers.
Harder to deliver to customers = more expensive
Easier to deliver to customers = less expensive
So, short of price gouging or labor shortages, no, it would make things cheaper in the long run (and people would have more money to buy things because they have jobs).
Edit: one addendum is raw material costs. If we don't have a ready domestic supply of some mineral or other raw material, then that could/would bump prices (because we're still stuck in the imports trap).
- jl6 5y ago… but it turns out shipping stuff across the globe is still cheaper than paying a 1st-world minimum wage.
- rglover 5y agoYes, but at the cost of supply chain vulnerability. So it's either really cheap stuff, or long-term security of goods. Clearly the "really cheap stuff" angle has seriously embroiled American prosperity so it's arguable the benefits do not outweigh the costs in aggregate. Personally, I'm in the "I'm happy to pay a bit more if my environment is peaceful because the people around me can eat and have a future" camp.