While the Democrats and the Republicans argue over and over again about what to cut from the budget, they can’t see or are unwilling to tackle the real problem.
As I see it the problem can be viewed as the constant outflow of US dollars to foreign countries to pay for all those items we purchase. Once made in the US and now outsourced by companies that use their good name to sell you almost everything you can think of made everywhere but in the US.
One job lost to a foreign worker means less income tax paid to the IRS and less money collected means less “real” money to cover budgeted items. Multiply that by millions of jobs and the US government has a real short fall of income.
The fix is easy; it’s called “Made in America”. Think of the money flow cycle as a full circle, banks to companies, company money to workers and suppliers, those suppliers in turn use that money to pay their workers.Workers pay taxes, companies pay taxes (well they use to before they incorporated outside the US). Workers use their money to buy US made goods which creates or keeps jobs in the US and those workers in turn pay taxes and buy products made in the US, quite possibly from one of the companies or their workers that bought one of the products your company makes. Some of that money ends up back in the banks or the US Treasury where it originated from.
In short the money flow starts in the US and stays in the Unites States; therefore we can pay our debts and go from a budget deficit to a surplus. Sure we can buy foreign made products but only on a 50/50 basis, an even exchange of goods and money, no more than 50% of any one item can be made outside of the US and must be sold at the same price of the equivalent US made product. It’s what fair trade should be and not the lopsided arrangement it currently is.
Also watch out for the words “distributed by”, that could well mean they don’t make it and are only a middle man.
ABC news has run a series of “Made in America” news shorts, but while they identify companies that do make their products in the US, what ABC nightly broadcast does not do is identify all those companies that outsource to Mexico, Thailand, Malaysia, China and other countries.
Next time you buy a product look on the label, what you might see it that Lee’s jeans are made in Mexico or that a St John’s Bay jersey is made in Jordan (Pro western government). That CFL energy saving light bulb is made in China (Communist government), Sylvania’s new energy saving incandescent light bulbs are made in the United States; their LED lamps are made in one of three locations which includes the US.
More on which companies who do and those who do not believe that made in America is important coming soon.