Watching the Shark Tank on TV I have noticed a lot of good inventions or business ideas get passed up because the Sharks do not think there is a large enough profit margin and the person can’t have it made overseas. If it had a larger profit margin, the price would be more than John Q would pay, even in a good economy much less a soft one. So isn’t the US consumer a de facto reason for outsourcing? If big business wants to sell a widget to John Q, he has to make it in the range John Q will be willing to buy. If that means making it overseas to keep the price down, that is what John Q wants, right? If John Q insisted on having the ”made in the USA” label, and was willing to pay more to have it, do you think companies would still outsource if they knew John Q would not buy it without the ”Made in America” stamp on it?

Topics: business, demand, pricing, outsourcing, domestic, manufacturing, product, widget, commerce, imported