The People's Republic of Capitalism
My problem (and we all know I'm addicted to deals) is that I, like most Americans, want an unrealistic amount of stuff. If I knew that a couch, fully manufactured in the US, was going to cost me 6 months salary, I probably wouldn't think that I could afford to replace my couch, fridge and DVD player all in the same year. Also, if I had to save for 5 years in order to afford a sofa, I would be keeping that thing for a long, long time. Consumer goods have become so affordable to Americans that we hardly even hand things down anymore. Why use Grandma's couch when you can get a new, modern sectional at Costco for $800?
[CLICK HERE for the "economic microcosm" of the couch]
I can waltz into WalMart and pick up just about anything I think I need. But, if I do that, can I really complain about US jobs being outsourced to China? I'm totally benefitting from the process. In fact, they are doing it because of consumers exactly like me.
Oh ho ho, and if you think I'm on a soapbox now, wait until you watch the third part where they talk about the auto industry ;)