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Archive for February, 2011

This week was President’s Day, which got me thinking, what did some of America’s most popular presidents think about buying American and promoting American products? After all, that is the whole purpose of the Buy American Challenge – to encourage Americans to buy more of the things made in the U.S.A. so that we can support American businesses and create American jobs. What I found was that over the last 200 years, there has been an overwhelming amount of support from American presidents for doing exactly what Buy American Challenge aims to do.

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I thought it would be a good time to highlight some expert opinion about the extreme importance of addressing the U.S. trade deficit. I mean, who cares what Randy has to say? Not many, believe me! But how about Warren Buffett, a man generally regarded as one of the world’s most successful investors, and a man genuinely concerned with America’s future? In 2003, Warren Buffet wrote a piece for Fortune Magazine called “America’s Growing Trade Deficit Is Selling The Nation Out From Under Us. Here’s A Way To Fix The Problem – And We Need to Do It Now.” In this article, Buffett predicts all kinds of scary things for the future of our nation if we allow our enormous trade deficit to continue to expand.

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This week, Dr. Donald J. Boudreaux, a prominent economist and the former Chairman of the Department of Economics at George Mason University in Fairfax, Virginia, penned an open letter to me in response to my Feb. 12th posting, “Record Crushed: U.S. Trade Deficit with China – $273 Billion in 2010 – Biggest Ever Between Two Countries.” He also posted the letter in the comments section of the posting on this blog. In the open letter, Boudreaux posed several barbed questions about the Buy American Challenge effort. Here is my response…

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Big news about the U.S. trade deficit was reported yesterday. The Department of Commerce revealed that the U.S. trade deficit for goods and services was nearly $500 billion in 2010 – a 33% increase over the trade deficit for all of 2009. Over half of that was due to a $273 billion trade deficit with China. The United States has a job-stifling trade deficit that is growing, and growing fast! The deficit is growing because as Americans are starting to increase their purchasing again after a thrifty 2009, they are buying imported goods more than ever before, often from countries like China. In fact, the U.S. trade deficit with China in 2010 is by far the biggest trade deficit a country has ever had with another single country in history.

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If you’ve never heard of Tito’s Vodka, just wait, you’ll be hearing a lot about it soon. Tito’s has been gobbling up market share left and right because it is quite simply one of the best, if not the best, vodka on the market today. Wine Enthusiast Magazine rated Tito’s handmade Vodka and awarded it a score of 95, an insanely high score for vodka. By contrast, other top shelf vodkas, Ketel One, Grey Goose, and Belvedere scored 89, 84, and 84, respectively, when rated by the same publication. They didn’t hold a candle to Tito’s.

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On January 27, 2011, the Supreme Court of California issued a ruling that is a huge victory for buy American advocates everywhere. In the case, Kwikset Corp. had falsely labeled locks that the company manufactured as “Made in U.S.A.” In her ruling, Justice Kathryn Werdegar wrote what many of us already know and have been saying for years: “To some consumers, processes and places or origin matter…In particular, to some consumers, the ‘Made in U.S.A.’ label matters.” She is absolutely right. The Made in U.S.A. label does matter to millions of people. And if the integrity of that label is ever lost, it could make buying American with any degree of confidence all but impossible.

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If this isn’t proof that this buy American movement is catching on, I don’t know what is. Just this week ABC World News announced a Buy American Challenge, and challenged Americans to redecorate their homes with goods made in the U.S.A. Well today, I found out that www.PickMyDecor.com has decided to carry only products made in the U.S.A. They have updated their website and now everything you will find there is made in America.

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This week on World News with Diane Sawyer, ABC issued a Made in U.S.A. Challenge. See it for yourself here. A truly ground-breaking project, ABC has challenged Americans to empty their homes of imported goods, and replace them solely with goods that are made in the U.S.A. From curtains, to furniture, to lighting, there are numerous ways to buy American in your home and create jobs for Americans in the process. ABC has issued the challenge, but can it be done?

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Valentine’s Day is around the corner. That means there is a good chance you will be buying a gift or two for that someone special in your life in the near future. When shopping for your boo, why not consider a few gifts that are Made in the U.S.A.? Here are a few Valentine’s Day gift ideas you might want to consider.

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Check out this video of Julie Reiser from Made in USA Certified on FOX News making some great buy American suggestions for Valentine’s Day.

[youtube=http://www.youtube.com/watch?v=AxumWXMu1fA]

Thanks for the great suggestions Julie!

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