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Health & Lifestyle
on Fri, 10/26/2007 - 8:53am.
The Global economy had a "Hallmark Moment" in 1980, when it became cheaper to purchase and ship a steel girder from Pohang, Korea to a job site in New York City, than to bring a steel girder in from the unionized mills of Western Pennsylvania or the Ohio Valley. You cannot sincerely believe that the reason there is not a single television set manufactured in America any longer is because we only want to buy that "junk" made by Sony, Panasonic, Pioneer, et al. When you pay $4.99 for that package of three undershirts at Wal-Mart, undershirts that will last as long as anything previously made up in Davidson County, you are saving the additional three to four dollars it would have cost to pay ILGWU negotiated wages for American workers. You are then free to spend that money on other products, invest it, or simply save it for a rainy day. You and millions of Americans are actually better off because of those Sri Lankan undershirts. Wal-Mart has saved Americans TRILLIONS of dollars that could then be used elsewhere.
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