I was thinking about what the US government could do to protect further erosion of and improve American industry. I dislike tariffs on some accounts because they are antagonistic, may violate WTO agreements, and may backfire against use with counter-tariffs. I came up with what I think may be a better idea.
I recently read a blog post that Walmart in China boasts that it sources 95% of its goods sold in its Chinese stores locally. Well isn’t that swell? They should even boast to their Chinese buddies that they source 95% of their American stores’ products from China as well! This got me thinking… How about legislating a requirement for all retailers in the US that they carry a minimum percentage of inventory that is made in USA. It could be phased in to give retailers and manufacturers time to adjust. It would also be an immediate boost to American manufacturers. We would see an immediate benefit to our economy.
I’m not sure what the right percentage is. 50%? 40%? Would it be on total value of inventory or total number of items? Should certain retailers be exempt (probably not). I would take issue with anyone suggesting that stores that specialize in imported goods be exempt, such as Gucci. Who cares about them anyway? All they are is a trade deficit funnel! I wouldn’t worry about that. The details could be worked out and I don’t have the conceit that I know exactly what is best, but I do believe in the concept. I’ve called both my senators about it already.
What do you all think? Please weigh in!





So we ordered it and it came in about a week. And guess what ?? It said “Made in China” in big bold letters all over it! I was so pissed! On the other hand, I may be a made in usa die-hard, but there are limits to how much stress I’ll go through for that. My daughter already saw it and was anxious to ride it. So I said, “what the hell” and decided to put it together anyway. It seemed a little cheap, but I figured it should at least work. Nope. It broke down in 1 afternoon. I called up Overstock and they did authorize a full refund and gave me a free shipping return coupon. I told them about the misinformation about the product on the web page, but so far, nothing has happened. We also put up a nasty review on the product.