Economics: Lesson 60
“Would you pay 20% more to shop at a store that sells only American-made goods?”
I am the kind of person that likes finding good deals. I buy clothes at thrift stores and search online for used items, but I do have a standard when it comes to quality. Even though I love to find good stuff for a low price I want to make sure that I am getting my money’s worth. I wouldn’t want to spend $5 on a shirt from a thrift store only to discover it is falling apart at the seams. You want to make sure you find well-made goods, but I do not think that all quality products are just found in America or whatever country a person lives in.
There is something to be said for shopping at a local business that you love the products of and want to support. But usually, I never look to see if the goods I am purchasing are made in my country, especially with clothes, furniture, and household items. Rather, I look to see if the item is of good quality materials and made well. Someone might say if you don’t look to see where the goods are produced you have no idea if they are ethically sourced or made. This is a common argument with buying clothes, you don’t want to be buying a shirt that was made by a seamstress making 8 cents an hour. I agree that is terrible, but most items that are made by underpaid workers are not of good quality or made well. By only purchasing quality items, they are most likely going to come from ethically sourced places.
For grocery items, I pay closer attention to where the food was grown or raised, but I don’t go and say I will never buy this cabbage because it was not grown in America. People don’t do that. Especially with specific foods, most people do not want to buy products that were grown in America. Two examples of this are coffee and maple syrup. Everyone knows that if you want good coffee you want the beans that are grown in Ethiopia, Brazil, or Indonesia. Good coffee is not usually grown in America. The same goes for maple syrup. The best maple syrup is from Canada or the northern parts of America, and the last thing you would want is to buy maple syrup that came from China.
So, would I be willing to pay 20% more for American-made goods? No. Unless I am supporting a local business I absolutely love, I do not think it is worth my money to pay more for American-made goods. When I shop I look for quality and where that product is made or grown the best.