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> I don't really mind paying $300 for a pair of shoes. Yes, it will be expensive, but then I'll just buy fewer pairs. In return, more people get decent jobs, or
by manuelabeledo 4y ago
> I don't really mind paying $300 for a pair of shoes. Yes, it will be expensive, but then I'll just buy fewer pairs. In return, more people get decent jobs, or so I hope.
I suspect that this would just help keep the same returns for the shareholders and executives.
Shoes may be more expensive, but not $200 more expensive (if we take that on average they cost $100 now) if made in the US. Even for a single worker spending four hours in a pair of shoes, this accounts for $50 extra per hour, or around $100,000 per year.
- 542458 4y agoShoes that retail for $120-$150 don’t cost $100 to make. Normal shoes cost like $20 to make. The rest of the costs are transportation, warehousing, marketing, etc. Also remember that retail takes a 25-35% cut. I would expect a shoe that costs $200 to make to retail for at least $400.
- manuelabeledo 4y agoMy point is that the hypothetical $200 difference between a pair of shoes made in the US, and somewhere else, is not going to go to the folks making them.
- KennyBlanken 4y agoThe whole "we can't make things in America, you wouldn't be able to afford them" song and dance is a lie. When companies outsourced production of goods, they didn't drop the prices - they pocketed the increase in margin. The reverse is true: nothing stops production from coming back except corporate/investor greed.