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You guys gonna stimulate the economy or feed the pig?
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<blockquote data-quote="AcidicDreams" data-source="post: 4248045" data-attributes="member: 558974"><p>Um wrong, the majority of most companies' incomes go to payroll, which are americans. Plus the profits will stay here and be taxed... sure a large chunk of COGS will go abroad but that will come back in the form of foreign investment.</p><p></p><p>Actually we get ~50% of our oil/gasoline from canada/mexico/local production or other non-arab sources.</p><p></p><p>Umm not really... american companies might make the stuff overseas but the profits and a majority of the costs will stay here (labor costs)</p><p></p><p>This is likely true, but still the some of the costs will stay here depending on where you buy it</p><p></p><p>True but many are made in america, but after the labor is paid the profits are shipped abroad</p><p></p><p>Then buy quality. And the local retailer will retain some of the money...</p><p></p><p>I know your post was essentially a joke but shoot from the hip economics is a pet peeve of mine... Economics should be a required high school course.</p></blockquote><p></p>
[QUOTE="AcidicDreams, post: 4248045, member: 558974"] Um wrong, the majority of most companies' incomes go to payroll, which are americans. Plus the profits will stay here and be taxed... sure a large chunk of COGS will go abroad but that will come back in the form of foreign investment. Actually we get ~50% of our oil/gasoline from canada/mexico/local production or other non-arab sources. Umm not really... american companies might make the stuff overseas but the profits and a majority of the costs will stay here (labor costs) This is likely true, but still the some of the costs will stay here depending on where you buy it True but many are made in america, but after the labor is paid the profits are shipped abroad Then buy quality. And the local retailer will retain some of the money... I know your post was essentially a joke but shoot from the hip economics is a pet peeve of mine... Economics should be a required high school course. [/QUOTE]
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You guys gonna stimulate the economy or feed the pig?
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