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I'm amused by the those who say "stuff is made cheap in China, so oil prices have little effect". Hmm, last time I looked, the stuff didn't swim over from China on its own, and walk down to your LHS. [:)] It has to be shipped, and ships use oil. And the stuff that unloads those ships and puts them on trucks and trains at the docks use oil. And those trucks and trains use oil moving the stuff around the country. <br /> <br />Basic economics -- the cost of something isn't determined only by what it costs to actually make it (materials and labor). Shipping has to be factored in, and that of course includes the labor as well as raw materials there. And of course there's the cost of unpacking the big boxes, sorting the stuff into smaller boxes, and then sending them out to the stores or end purchases. And of course, everyone along the line gets to make a profit, or why be in business to begin with? <br /> <br />So 'made in China' may mean it's cheaper than stuff made in the US, but it doesn't always mean that it's cheap.
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