Sen. Sanders (I-VT): American Trinket Salesman

MONTPELIER, Vt. (AP) – The head of the Smithsonian Institution’s National Museum of American History in Washington says he’ll make a “serious effort” to find U.S.-made presidential busts to be sold in the museum’s gift shop.

Museum Director Brent Glass was responding to a complaint from Vermont’s independent U.S. Sen. Bernie Sanders who noticed that busts for sale at the museum were made in China.

Here. Also, here is John Stossel quoting George Mason University economics professor Don Boudreaux.

Me: As Mr. Boudreaux points out, American manufacturers have moved “up-scale” to more complex products. Forcing Americans to make trinkets might make the country worse off because  people and other resources would be dedicated to making those low-margin products instead of something with more value.  I guess it would be okay if a small firm can make them by hand with real craftsmanship, but only at a price people are willing to buy and at a profit because the profit proves there is value in doing it.  If a firm cannot make a profit, eventually it would run out of money — or have to ask for a permanent bailout!  Back to you Bernie.

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