I am not a yank but saxman i would say is and i am i worried about that comment as i cant see why anyone would by OS thinking that's good for their local economy.
For one thing, if Americans would cease to stop buying imported goods the cost of living would SKYROCKET because we would no longer have sufficient, or at least easy, access to goods and products that are outright unable to be or expensive to produce or acquired through domestic business:
The US doesn't produce enough oil domestically for its own use, so gas prices would soar. High fuel costs is a chief source of concern during a recession.
Certain products, especially components in high-end computers and other electronics, require the use of rare-earth materials that are--wait for it--RARE on earth, and particularly in the US (China is the only known source of some rare-earth materials used in the production of some computer components). Trying to manufacture these would once again cause prices to jump to unbearable levels.
Food production would suffer as well, as a number of food products are imported (beef, produce, sugar, etc).
Secondly, if Americans refuse to buy foreign products it will very likely end up damaging our economy because of the significant amount of EXPORTING we do. Remember those high-end electronics components with the rare-earth materials we import? Yeah, we turn around and export the finished computers and other goods produced using them. Cutting off foreign imports would likely lead to other countries doing the same with our EXPORTS.
Thirdly, there are political ramifications for refusing to trade like that.
Incidentally, we tried that once about 200 years ago when some president named Jefferson decided to close the ports to foreign trade. It damn well nearly DESTROYED the country's economy.
"Buy domestic" is a nice mantra. It sounds good on paper. REALITY is something else entirely, however.
