Brain357
Platinum Member
- Mar 30, 2013
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If that were the case we wouldn't have inflation every year. Prices aren't goin down, the rich just pocket the increased profits.
Sure prices have went down since we started buying products made overseas. You must be a younger person not to realize that.
Show it. Link. Where is the deflation? What is your personal experience? Aren't you a trucker? I have worked for corps, they just keep the profits in most cases.
I said nothing about deflation. What I said is that prices are cheaper than when we used to make our own products here in the US. Go to a Walmart sometime with an older person and ask them what they think about prices today. Do you really think a 50 foot strand of christmas lights always cost $8.99? Do you think that AM/FM alarm clock radio always cost $15.00?
Back in 1980 I got my first apartment. The only entertainment at that time was a television set. There were no DVD players, cable television, hi-tech video games.....nothing.
So I wanted to buy the best television that I could afford. I purchased a Curtis Mathis 25" console for $1,500.00. Do you know what kind of television set you can buy for $1,500 today? Nothing even comparable. When you go to the store, check out what a 25" television set cost today; just a couple hundred dollars.
Okay, so I went out and bought the best, but even back then a decent 25" color television cost at least $500.00.
That really doesn't prove your point. Technologies change obviously. What you are saying was happening without being foreign made.
No, those products were made in the USA which is why they were more expensive then than today. Today we get our products cheaper because companies can produce them much cheaper either by moving overseas or investing in automation.
No that is what manufacturing does. They make better products at the same price or make better products at lower prices. There are many products still made here that have done exactly what you were describing. Sorry you have no proof so far.