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Old 03-18-2022, 11:22 AM   #126
Jim in CT
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Join Date: Jul 2008
Posts: 20,429
Quote:
Originally Posted by Pete F. View Post
The same guys didn't invest in american industry after the 50s and 60s and sent American jobs overseas and claimed it was beneficial to everyone.
Look around New England at the woolen business, machine tool industry, stone business, wire, etc.
All gone because of a failure to make capitol investments and improvements.
can you tell me which 8 companies have the ceo’s you’re referring to? those companies aren’t investing in awrica? how many americans work at those 8 companies?

pete, you are free to start your own business. since you’re so much smarter than those guys, surely you’ll be a rapid success and not to the way of David Hoags pillow company.

American manufacturing is gone because we globalized them economy. Americans want low prices, which means cheap labor. no amount of investment overcomes that.
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