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I suspect that those folks who answer survey questions of "would you pay more for made in the USA" with "yes" are thinking (if they are thinking at all) of payi
by pwg 1y ago
I suspect that those folks who answer survey questions of "would you pay more for made in the USA" with "yes" are thinking (if they are thinking at all) of paying $2 to $3 more on a $100 item, not paying $110 more on a $100 item.
None of the surveys are ever crafted to ask: "How much more would you pay for a $100 item for 'made in the USA'?".
- manmal 1y ago> Nearly half (48%) say they’d be willing to pay around 10–20% more. $110-120 for a $100 item, no?
- aadhavans 1y agoI believe they meant an additional $110, which would be a 110% markup.
- pseudalopex 1y agoWhy do you believe this?
- d1sxeyes 1y agoProbably because that’s approximately in line with the article.
- lcnPylGDnU4H9OF 1y agohttps://news.ycombinator.com/item?id=43787992 https://news.ycombinator.com/item?id=43787992 > of paying $2 to $3 more on a $100 item, not paying $110 more on a $100 item $110 more on a $100 item would be $210. I have no idea where pwg got the “$110 more”, though. Seems the in-context comparison would be “$85 more”.
- like_any_other 1y agoThe survey already used percentages. As for not thinking - it would seem to me worrying about the effects of one's purchases on the local economy, and the knock-on effects this has on sovereignty and politics, takes more thought than just short-sightedly picking the cheaper option no matter what.
- dboreham 1y agoMost people don't understand percentages.
- asfodelsu 1y agoMaybe: Most American people don't understand percentages?
- disgruntledphd2 1y agoMost people. They teach doctors to use frequency representations (i.e. 12 of 100) for a reason.
- BrandoElFollito 1y agoMost people, no matter the place. A lot if people are surprised when they discover that 100 + 50% - 59% is not 100. I do not like percentages myself, I would prefer we say 0.8 of something because the option becomes a simple multiplication and it is easier not to make mistakes
- goodluckchuck 1y agoQuality is also an undefined variable, because people may pay 10% more for an American made product that is of comparable quality, but they may also be willing to pay 110% more if the Asian counterpart is poor quality. When you’re using the same exact photos, there’s no discernible quality difference.
- secstate 1y agoIronically, perhaps, but in 2025 I'd argue the Asian counterpart would probably be of higher quality, at least in the initial transition back to US manufacturing. AND it would be cheaper.
- snowwrestler 1y agoIt is largely pointless, in general, to survey people about how much they would pay for things. Taking such answers seriously has led a lot of companies to ruin. The whole point of pricing is that no one knows how much something is worth until it is actually selling (or not).
- cjaybo 1y agoYeah isn’t this like the number one lesson for startups? People will say lots of things when there’s no money or reputations on the line.