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Thread: Are you willing to Buy American?

  1. #61
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by labrea View Post
    The profit on an iPhone is 69%. That leaves a lot of room for an increase in labor cost, and still make a nice profit.
    If Apple would have a step up on government contracts because the iPhones were assembled in the USA, do you think that would make a difference? If those iPhones were taxed at 35% entering this country would it make enough of a difference to get them to assemble here?

  2. #62
    Established Member NeoVsMatrix's Avatar
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    Quote Originally Posted by labrea View Post
    The profit on an iPhone is 69%. That leaves a lot of room for an increase in labor cost, and still make a nice profit.
    That's the gross margin, the difference between retail price and landed loaded coast. Meaning, this margin has not yet paid for the rent, electricity or salary for any additional step it takes to bring that iPhone from the port of entry to the end consumer, and to finish an actual transaction.
    Pretty much every Retailer targets around 67-69% gross margin for their product, to be able to have a competitive business. There is no outrageous margin here or major room to decrease the profit for additional labor cost, not within the given economical environment that Apple and everyone else is competing in.
    You want to challenge the general "profit" concept of corporations ? Fine, that's a different conversation, and probably one worthy to have had, but you know where that would lead to.

  3. #63
    ~Standing My Ground~ Sassy's Avatar
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    Quote Originally Posted by FuzzGod View Post
    I prefer to buy American in most things. Generally better value over the long run.
    They are. A rather dumb and small example but I like Rubbermaid better than stuff from china and I will pay more for it.. (Please don't tell me they've started making things elsewhere ....)
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  4. #64
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by Sassy View Post
    They are. A rather dumb and small example but I like Rubbermaid better than stuff from china and I will pay more for it.. (Please don't tell me they've started making things elsewhere ....)
    80% of Rubbermaid's products are made in the US. They used to be the Wooster Rubber Company back when Akron was the rubber capital of the country.
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  5. #65
    Veteran Member MaryAnne's Avatar
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    Quote Originally Posted by Sassy View Post
    They are. A rather dumb and small example but I like Rubbermaid better than stuff from china and I will pay more for it.. (Please don't tell me they've started making things elsewhere ....)
    Not sure, but still prefer the quality.truth in advertising.

    https://www.truthinadvertising.org/rubbermaid/
    Last edited by MaryAnne; 1st December 2016 at 10:42 AM.
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  6. #66
    ~Standing My Ground~ Sassy's Avatar
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    Quote Originally Posted by MaryAnne View Post
    Not sure, but still prefer the quality.
    Yes. I was a bit taken aback by the cost difference but you get what you pay for. I can have these my entire life.

  7. #67
    Veteran Member MaryAnne's Avatar
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    Quote Originally Posted by Southern Dad View Post
    80% of Rubbermaid's products are made in the US. They used to be the Wooster Rubber Company back when Akron was the rubber capital of the country.
    According to Google most are made in USA.

    https://www.truthinadvertising.org/rubbermaid/

    I forgot the link. Had a phone call.
    Last edited by MaryAnne; 1st December 2016 at 11:14 AM.
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  8. #68
    Veteran Member Southern Dad's Avatar
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    Quote Originally Posted by MaryAnne View Post
    According to Google most are made in USA.
    Correct. That agrees with what I said. I said 80% which is most. That's from the pamphlet that they send me when they want to become our supplier for commercial products.

  9. #69
    Chaos in fourteen lines Minotaur's Avatar
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    Quote Originally Posted by galatin View Post
    As a foreigner, I do not buy often American, because not so many American products are available. It is not a problem of price, nor is it a problem of custom duties, it is more a problem of how American products are adjusted to what foreign consumers are asking for. I have often the feeling that American manufacturers are not flexible enough to adapt to foreign markets, when labor is probably cheaper in the US than in many other developed countries of Northern Europe. I am puzzled by this situation, because an American car is in the US is much cheaper than a Mercedes or an Audi. Of course other American products may be interesting but not so much manufactured ones. There is probably also a problem about quality with American products. It is a surprising situation because it would be probably possible to export more from the US but many do not see the opportunity to do so, because they are not export minded.
    We are still in the island state of mind and I would guess we will shrink even more if trade agreements are shelved. We do not always know how to play well with the rest of the world with our products as we have a provincial state of mind where America is still the center of everything and when trade was more limited and less sophisticated than today. We are getting there but not everyone understands how trade works and you are correct that many have higher labor costs than we do so this should have all been understood long ago. When we get rid of those "fear" constraints I think we will do quite well but it will take some time as we may currently be in a setback phase. In the mean time many want to charge more for products we import from certain countries fully misunderstanding the reciprocal nature of trade, taxation and penalties and how what we do is then done to us. Too much pride for the past and not enough drive or vision to compete currently. We'll get there. Perhaps when we see the benefits a little clearer and it ceases to look so scary.
    Last edited by Minotaur; 1st December 2016 at 10:54 AM.
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  10. #70
    Veteran Member MaryAnne's Avatar
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    Quote Originally Posted by Sassy View Post
    Yes. I was a bit taken aback by the cost difference but you get what you pay for. I can have these my entire life.
    The cheap plastic is awful.

    I like those with screw lids for food. 3 for$2.98. Even Dollar Tree sells them, but make sure. I usually get mine at Kroger's.

    I got 5 cans of HazelNut Maxwell House coffee for $10 last week.

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