Quote:
Originally posted by turbo6bar
Hypothetically, if we all "Buy American," there must be some consequences, right? It can't all be good, eh?
I'd hate to see a kneejerk reaction cause an unintended injury.
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The consequence is in the ideological message such an action would send out. Yes, we can all buy nothing but (for example) Cadillac CTS sedans. But still, someone in the far east will be paid for the transmission, which is a Japanese part, IIRC.
But that's for the short run. If in the long run we bought only American-made products, even American products made abroad, the psychological tones of doing such would surely reach the Far East. At best, we'd be labeled xenophobes with nationalistic tendencies, which could scare off quite a few foreign investors, IMO. At worst, doing so would bankrupt some fairly large American-based companies, and put some strain on our economy.
But don't forget, it goes hand in hand. The biggest auto seller in China is Buick.