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scooterbug44

SoWal Expert
May 8, 2007
16,706
3,339
Sowal
I admire scooterbug's ideals, but the bottom line is that an increasing number of families don't have the luxury of choosing the $60 toaster. The current system is stacked against domestic production.

If more people were buying products made by those family members or purchased in stores who paid them a living wage and benefits, the $60 toaster wouldn't be a luxury or hard to afford item.

For example, a real X-mas tree certainly costs more than a reusable fake from Wal-Mart produced in China, but a tree from a local farm is much nicer, causes more trees to be planted, gives the local kids their first summer jobs when they're too young to work other non-agriculture jobs, and gives the local housewives extra $ at Christmas when it hires them as seasonal workers to make wreaths and work the holiday shop.

And the reason I CAN buy a $60 toaster is that I have never actually bought a toaster, truffle oil, am driving my first car, talking on my second cell phone, eating off my grandmother's old dishes w/ my mother's old silverware................you get the picture!

Buying quality and locally produced items and only buying what you need costs FAR less in the long run than buying tons of crap! Don't just look at the price tag or the "right now" and you figure out what things REALLY cost!
 

Bob

SoWal Insider
Nov 16, 2004
10,366
1,391
O'Wal
Problem right now is......the money you're advocating "taking away" IS the enemy's money. The major portion of our GDP is consumer spending and we're borrowing that money (mostly from China) in order to consume.

So if an easy way to beat the enemy is to "take his money away"...China will be the victor--not the USA.

For the USA to "win," America must "just say No" to materialism and debt.

.
well, the reference was opec and our 2 wars, the borrowing for war and the transfer of wealth for transportation. With finite dollars from wages, and no heloc to tap,, the consumer will have less to consume....
 

ohmom

Beach Lover
Aug 2, 2008
77
9
fairfield, ohio
being a history teacher, these time remind me, in some ways. of the Gilded Age (late 1800s)
robber barons (today read corporate execs) building wealth off the working class (today read shrinking middle class) true, the robber barons innovated many modern business practices (read JD Rockefeller, Carnegie, J.P.Morgan) however I can't help but think we need a new Progressive Era...where we rethink how our economic system should reflect our ideals...what is it that should be cornerstones of the American free enterprise system?

today I fear it is profit (today read greed) at all cost? make loans to people who truly can not repay them? take profit from that loan up front and then let the taxpayer bail out the loans so those of us who have borrowed and can repay don't lose our equity through falling home values? owning a home is still an ideal worth working for...
what about the small businessman? my husband spent thousands on legal fees trying to do business with a major oil co...at one point the oil co suggested he pay royalties on the piece of safety equipt he developed for them? screwed up! he has received business from this oil co but is just now getting to the point where the profit has covered the legal fees...while we are grateful for the business, the sense of swimming with the sharks (big oil)is a little scary...
I just keep thinking that a large dose of ethics needs to be inserted into our system and if we are counting on our govt, well I find that very scary and there is no substitute for personal responsibility...in the state of Ohio, it is now mandated that high schools teach personal finance, one more thing that used to be taught at the dinner table by parents to their children
 
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