1) Since when was the U.S. centered around equality of outcome. It doesn't
matter if the gap between rich and poor is narrow or wide as long as it is
done in a free and open market. The U.S. is not a socialist country. Jobs
which have the hardest time finding workers will pay the most. This is why
an engineer makes more than an assembly line worker.
2) I don't agree that foreign goods are necessarily inferior. Some are and
some aren't . People justifiably rip China for some of its shoddy and
sometimes dangerous products, but shoddy and dangerous products was common
the U.S. until foreign competition made U.S. industry get its act together.
Competition is always good.
3) Ever here of "Comparative Advantage"? Comparative Advantage (David
Cordero) states that, although countries can make a variety of goods and
services, it is more efficient for them to only make what they can make most
efficiently and trade those goods and services for others. If Korea and
China can make TVs fore cost effectively and the U.S. is better at
commercial jets, each country should do so and trade for each others
products. Business should go where it can be done most cost-effectively.
This happens in the U.S. as well. More vehicles are built in the South
than in the Midwest now. Why? It is cheaper to do so. Have auto
manufacturers taken advantage of Southern workers? No, their income is now
higher than before the auto manufacturing jobs went south.
Some may say that the Southern workers deserve more. That is ridiculous.
Jobs are like any other commodity. They are worth what someone is willing to
accept. Wages cannot be forced to a certain level. If that happens, jobs
will leave. The market has to set prices and wages. Planned economies never
work. There are very few left because of that.
Now lets sit back and watch McCain kick the Dems' butts.
----- Original Message -----
From: "Zito, James A (GE Infra, Energy)" <james.zito@ge.com>
To: "Dakota list (E-mail)" <dml@dakota-truck.net>
Sent: Friday, February 08, 2008 4:20 AM
Subject: DML:
>
> From Cord:
> The fact that seems to get overlooked when talking history is that
> production and jobs are leaving the country, and NOT being replaced.
> There are LESS decent paying jobs, with corporations importing more and
> more goods. CEOs are still getting rich, but the tap and die maker and
> the machinist are losing their jobs. The factors of increasing imports
> at a lower price, AND no production capability here, invalidates the
> idea of a "correction". Often, people cannot afford to buy "better"
> items, and have to settle for "inferior" goods. The division between the
> rich and the poor is growing, with less in the middle.
>
> ==========
> Well said and to go along with that, when the next REAL war comes along
> (please bonus points to anyone who can tell me when the last one was) the
> US won't have the industrial base that allowed us to save the world.......
>
>
>
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