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Old 03-30-2007, 06:04 PM
pvn pvn is offline
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Join Date: Jan 2004
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Default Re: Wal-Mart Rules, Mom and Pop Stores Hate America

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If either producer is more a part of your local economy (meaning the proceeds of their production are more likely to be spent with your business or businesses which in turn spend with your business, etc.), that's the critical difference.

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More likely than what?

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I mean, I haven't seen any factory workers who themselves decided to send their jobs to China.

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They just finance the move by purchasing the resulting production at Wal-Mart.

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Moving the goal posts.

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Produce what you can, right?

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When it pays to outsource, do it. However, definitely produce for yourself when outsourcing production carries an opportunity cost that puts you in debt.

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Well for the people who are not producing widget XYZ, buying widgets from Joe down the street for $2X carries an opportunity cost over buying them from Joe in China for $X. And for every widget I can think of, the number of people producing that widget (AND consuming it) is orders of magnitude smaller than the number of people not producing it (AND consuming it).
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