I agree with you a great deal,and understand
everything so deeply! Now I am going to get myself
more Grape Tang,which I purchased on Amazon.com. You
could buy some,too! I feel that I need more energy to
think with.
Thanks!
Steve P.
--- Dustin Williams <dustinewilliams@gmail.com> wrote:
>
> > Yep, but as the dollar drops in value, foreign
> purchasing power
> > increases which spurs US investment and the
> purchase of US products by
> > those foreigners.
>
> That is why after WWII the UK intentionally devalued
> the Pound and
> over a five year time span it went from being 4 to 1
> against the
> Dollar to 2 to 1. That was also a time when
> everybody's currency was
> based on how much gold they had in their vaults. Ten
> years ago
> everybody's currency was based on how much it could
> be traded for
> against the US Dollar, now as the value of the
> Dollar is dropping a
> lot of countries are switching to the Euro which is
> holding a lot
> stronger.
>
> Moderate devaluing of currency is good for
> increasing the value of
> exports, but since we have a significant trade
> deficit it also
> increases the cost of imports, this imbalance will
> only increase the
> trade deficit and will drain our economy of
> financial resources as
> more of the money we spend on products are
> transfered to other
> economies rather than reinvested or spent in our
> own.
>
> >If left alone, (and that's a BIG if, because
> > governments can NEVER seem to leave things alone),
> the market always
> > corrects and everything equalizes.
>
> Personally I am a big fan of a liberal economy (in
> the classical
> sense, not the socialist sense), market forces are a
> great thing, but
> only when free. Today American auto makers are
> moving manufacturing to
> Canada to eliminate health care costs (in reality
> it's merely
> transferring it to Canadian tax payers) and Airbus
> can build cheaper
> jets than Boeing due to government subsidies,
> although total cost of
> ownership is still cheaper over the life of an
> aircraft for Boeing
> products due to lower maintenance costs, but as
> airlines try to expand
> or modernize their fleets they tend to look at the
> short term costs.
> In the long run these shifts in manufacturing to
> socialist or at least
> more socialist countries will drain their economies
> since they are
> exporting products at the expense of their own tax
> payers, but in the
> short term it screws over our economy.
>
> I'm not suggesting that we mimic their methods to
> compete now, that
> would only screw us over later. The solutions to
> these challenges to
> be able to sustain the ability to compete over the
> long haul before
> the market has a chance to correct itself aren't
> easy, it's not
> something that economists will be able to solve,
> it's not something
> workers will be able to solve either. This
> situations require
> corporations to find more efficient ways to produce
> products or to
> find cheaper ways to do it, often through
> outsourcing, something that
> in the short term is good for the bottom line, but
> in the long
> run....only time will tell.
>
> Of course one solution to the manufacturing problems
> would be to
> deunionize, but as it is it seems that unions are
> more concerned with
> wages that their members earn than whether or not
> they can keep their
> jobs that's going to take a while. And for those who
> may take issue to
> this, just look at the fact that the Japanese and
> Koreans can build
> cars in America cheaper than the Big Three, the only
> difference is
> that they have no unions.
>
>
____________________________________________________________________________________
Be a better friend, newshound, and
know-it-all with Yahoo! Mobile. Try it now. http://mobile.yahoo.com/;_ylt=Ahu06i62sR8HDtDypao8Wcj9tAcJ
This archive was generated by hypermail 2b29 : Sun Mar 02 2008 - 02:10:10 EST