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Reply #3: I don't put hope on politicians anymore. It may be up to us to buy American, even if costs more. [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-24-12 12:15 AM
Response to Original message
3. I don't put hope on politicians anymore. It may be up to us to buy American, even if costs more.
Edited on Sat Nov-24-12 12:46 AM by No Elephants
A guy who used to own a small factory, but now owns a diner (diners have no competition from overseas) told me this story, from the 70s or 80s Let's call this guy "Factory Owner."

His little factory made some metal parts for a Chinese man whith an unfortunate name for the U.S., Mr. An Wang.

I never set eyes on a Wang computer, but I know exactly what Mr. An Wang and his wife looked like at the height of his success because I've see their portrait up close many times. (Mr. Wang was a philanthropist and their portrait hangs in the elevator lobby of the Wang Building of the Massachusetts General Hospital, one of the most famous hospitFaals in the world.)

Anyway, Factory Owner also made parts for an auto company, but I can't remember which one. Let's say it was "American Auto."

Factory Guy had to visit his customers from time to time. He told me, "I'd go to Wang, where all I would hear was how badly they were doing because everyone was buying computers from Japan. Meanwhile, Wang's parking lot was filled with imported cars, many of them from Japan. Then, I'd go to American Auto, where all I would hear was how bad business was because everyone was buying cars from Japan. Meanwhile, on every desk at American Auto was a computer made overseas."

Factory Owner was a smart guy about business, and he really was an American job creator, but he still went out of business because his customers either went out of business due to imports or started having their metal parts made overseas, as he always knew they would.

BTW, he said that he could have competed with the prices of metal parts made overseas, except that he paid for health insurance for the employees of his little factory.

(I did not realize when I started posting this story that it would end up as another post about the benefits of "Medicare for All," but it has.)

Anyway, my story has come full circle: The best thing we can do for American businesses seems to be to buy American, even if it costs more.
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