Regarding foreign trade and imports, it’s obvious that there’s nothing wrong with getting the next best Hyundai or Mitsubishi on the market, because the fact is those are good cars. Asian car manufacturers simply know what they’re doing. No matter how you look at it, too, it’s points for our economy. The more money’s spent here in the United States, the more money is made for those who sold such products. And automobiles aren’t the only thing either–toys, furniture, cosmetics, even food.
It’s a dismal time, though, when we see some of our own goods falling behind for whatever reason–lack of employment, lack of quality, lack of competitiveness. GMC struggles. Ford’s having some trouble in the market. It seems that the Japanese-made automobiles have always been taking the world by storm. Moreover, it’s not just the Japanese–think Germany, and French, even Italian. Some of the state-of-the-art cars out there are so tremendous that it’s no wonder the price tag is so high on some of them.
Bottom line: the economy struggles majorly when domestic goods aren’t selling well. One big reason is no need for exports. You probably won’t see many Ford Escapes being driven in Tokyo, mind you. That just won’t happen. It would definitely provide a major boost to the economy if certain other goods could be exported for trade and make a difference overseas for better coin. But, again, it goes back to quality.
That’s why as a nation, we have to “keep it at home” as much as possible. Purchase as much American made as you can. It supports our economy. While imports are important, they shouldn’t be at the expense of our healthy economical growth of goods.