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Re: another bailout, yarrr!
Quote:
Originally Posted by TheHighForester
That statement is absolute bullshit, daddio. The United States is STILL the most productive manufacturing nation in the world. It just doesn't produce as much as it once did. In other words, while other nations have begun to produce MORE WEALTH, we have chosen to produce LESS. Is it any wonder our economy is in trouble?
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when I was working in the plastics biz in the 90's, we ceded the making of low tech films to the koreans because the margins did not support continuing to make them here. we were very efficient but for the commodity goods, we could not make money on them so we refocused on making films that the koreans could not make.
this is not bullshit, this is real life and its been that way for years. generations really. when a product becomes commodity, manufacture goes to the cheapest provider.
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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing.
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"Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others."
Ayn Rand
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