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Trump should let the world know how many golf sticks he ever gifted to his granddaughter Kai.
The president has said American children should be content with two dolls instead of 30. But the country’s shopping habit has been built over decades of abundant imports from Asia.
I thought Americans were super addicted to luxury! I was wrong.
Much of the clothing, homeware, tools and toys that Americans now buy is so inexpensive that it can be purchased almost without thinking. That has fueled an addiction to cheap stuff.
Seems like Chinese products took over US markets long ago. But to say that they are inexpensive is a lie because whenever I see the price tags on Chinese products sold in the US, they are 10 times (some are even more) expensive than sold in India.
Can you imagine buying a cotton T-shirt in 2 dollars there? They sell at more than $30
So, I don't know what does Trump mean by saying that Americans should start buying less. Not only does this hurt economy, it's not guarantee of prices going down.
Best is to buy 100 cheaper dolls than buy one expensive, imho.
Buying less does not hurt the economy. This is a Keynesian fallacy. Prosperity comes from producing more than one consumes. If a person continues producing at the same level and reduces their consumption, that makes society more prosperous, not less.
Americans are very much not into luxury. We choose quantity over quality at pretty much every opportunity.
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Ok. I agree Americans are not into luxury but they aren't buying cheap, instead they are spending a lot lot more than the actual cost of a product. I understand that labour and transportation isn't as cheap as in India, still I can't fathom the price tags in $ on the products there.
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There are so many transactions costs, it's hard to fathom how much cheaper stuff could be.
Speaking of which, we actually did find a Halloween shirt for our daughter that only cost 59 cents!
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Yes, the old opportunistic you ;) 59 cents for a shirt is not possible even n India but I believe you.
Kids wear do ship to India from China as low as $0.05 cents. The same is sold by retailers at least in $0.5.
This cost increase is due to many middlemen before the product is consumed. And TBH even Trump is behaving like a middlemen while imposing tariffs.
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I can't fathom why it was so cheap. I would have been less surprised if it had been $59.
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Maybe they misprinted the dot before 59.
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More likely that it was supposed to be $5.90 and they misprinted it. Or, they had way too much inventory and were just trying to clear it out.
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