<<CNBC's Pisani hyping retail sales, on the month with tax refunds and extra money from the government. Only the low end retail (made in China) stores did well, but let's not look at that.>>
How long ago have you shopped at Macy's, (not a high-end by no means, but a middle-class price range store), or the higher-end stores such as Nordstrom, Bloomie and Neiman's?
Look at the labels of their clothing / shoes / households / luggages etc items, you would have a hard time to find the Made in USA labels. If they are not made in China, lots of them are made in SE Asia, India, Bangladash, Eastern Europe, South America, whathave you.
Keep the merchandising costs low and sell much more - the net results are still more final dollars remain in this country, to be spent in other things such as restaurants, travels, and any other consumer spendings you may have. |
