Filed Under Uncategorized · Tagged:
Some of us seen it coming. Some of us even predicted that it would come. Yet many of us did not even notice while even more didn’t seem to care.
Yet from that very first step the handwriting was on the wall. That first step towards cheaper goods. That first sale that caused your jaw to drop. Wow what fantastic bargains those seemed to be.
Fast forward to today. I stepped into a local retailer known for there periodic sales on clothing goods. Thinking to myself that it might be a good time to pick up on a few good long sleeve dress shirts before the rush towards summer attire.
My jaw hit the floor. Oh there were sales all right. 40% off or more for these modest shirts most made in Pakistan, India and China. Today’s price after discount $29.00.
Are you kidding me? That’s your sales price? Even adjusting for inflation the standard American Made shirt today would only retail out at about $19 to $25 before any sale.
Ahh but now I seem to remember. Back in the day when those manufactures were shutting down the factories while shouting to the rooftops ” It’s really pretty simple Americans want a bargain.” That’s corporate speak for we can make a greater profit by buying goods and products over seas.
So what happened? Well as I said some of us seen it coming and even predicted it. As the economy went into a tail spin the American Dollar was devalued. With the spiraling downward trend of the dollar goods, products and services offered by these over seas nations became more expensive. Hence the $29 dollar bargain.
My corporate rant for the month.