 |
|
« In Your Own Words: Introducing ThomasNet Forums | Main | Revised Credit Rules Impact International Business »
January 16, 2007
Burning Question
When it comes to international trade: deregulation or protectionism?
Trackback Pings
TrackBack URL for this entry:
http://news.thomasnet.com/mt41/mt-tb.cgi/870
|
Advertisement
|
Comment
10 CommentsDeregulation is forcing U.S. companies to expand outside our borders. Not just in manufacturing but in marketing products and services made in the USA. However, the USDollar is considered high and non-competitive in other global economies, which is causing my small businesses to suffer considering the mark-up in pricing I must place in order to make a profit. Therefore, marking the price too high especially when the product is made in the USA.
Considering all there is in starting a small business as a wholesaler/distrbutor or sales rep (commission based), what can drive the small business if the entrepreneur is trying to not sell the product or service, however, where to sell the product or service at a competitive price.
The answer I am seeking is, what can I sell.
January 16, 2007 6:35 PMWhen it comes international trade, deregulation will be a good solution for both "seller and purchaser".
At this condition, purchaser can get information for products more clearly and avoid any fake/imitation product.
Protectionism will not good for purchasing because this situation will only give the benefit to the seller whom can't compete the market.
January 16, 2007 7:47 PMI for one and sick and tired of having to deal with inferior materials and tooling from "the global market," China in particular. I now refuse to accept anything made in China or India.
Too many US manufacturers are using China & India for their subcontracting and selling to the US market in search of a lower cost to increase profits at the expense of supplying just plain crap for their end product.
This is extremely bad for small business. The US suppliers/manufacturers are requiring such large purchase volume it is impossible to even try to compete in the market place against larger or big business. Seems everyone is looking for the "million-dollar" sale with every phone call.
Case in point:
I tried to order 4130N steel tubing from Plymouth Tube; they would not quote me a price on the order until it was on the dock and ready to ship. What kind of "business" is that? I'd like to sign them up on a deal like that.
Protectionism may sound like a dirty word to some but there are a lot of small businesses that will not survive if there is deregulation. What's worse about this is that there are people in the business world that could really care less about small business.
January 16, 2007 8:56 PMAs colonies, England would not allow us to develop manufacturing here. After independance, duties and tarriffs on imported goods financed the cost of our federal government. We did not tax (or overly regulate) domestic business and citizens. We built the largest economy and the highest standard of living in the world. Now, in contrast, we over-tax and over-regulate domestic business and individuals, while letting imported goods come in duty free. It is no suprise that we are deconstructing our economy, and our standard of living is falling.
January 17, 2007 10:06 AMTo me, it seems brutally simple. Our domestic workforce has enjoyed a high and rising standard of living since the Depression. Wages, benefits, perks etc have also increased since the Depression. Employer costs such as salaries, workman's compensation (government imposed), retirement funds, etc, have continually increased until now, when the domestic manufacturer or service provider can no longer pass along the increases to the public.
Exit the domestic companies to overseas, which have no or little such costs. Less jobs domestically, less income, less purchasing power and, usually, less domestic purchases result.
Enter the foreign products which are less costly for consumers so they snap up these products. Just look at Wal-mart and what they market. A large portion of their products are from China.
Our own people, through greed, unionism or stupidity have forced companies off shore, reducing domestic production. People should, in my mind, learn to support domestic companies that make domestic products and services and BOYCOTT those companies who go offshore. It would be somewhat of a simple thing to do. Just look at the label on the product. If it is made anywhere, except the USA, don't buy it.
It's up to us Americans to take charge of our own destiny. We must take action through our buying power. If we don't, stop complaining and decline to the offshore standard of living.
Our government clearly does not have our best interest at heart. It seems to me that the amount of debt that foreign countries have over the U.S. is a hammer over us. If we don't do what the offshore countries want, they could call in the debt, forcing the U.S. into an unstable economy, forcing, perhaps, another fiscal calamity like DEVALUATION OF OUR CURRENCY. Think about it. It does make sense.
January 17, 2007 6:35 PM
