Quote:
Originally Posted by spence
Globalization is what started the move. Just as manufacturing shifted to the US in the late 1800's we're pushing it onto Asia at the turn of the century.
This is a classic Keynesian scenario. The problem is that private business will almost always take the path of least resistance which means short term shareholder value. People may mock Obama wanting to invest in environmental tech that's slow to produce, but odds are the future success of America will be based on these technologies.
-spence
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manufacturing didn't "shift" to the US in the late 1800's, mechanization allowed American businessmen and inventors and investors to
create American jobs and expand industry and fill the growing demands here and elsewhere...and it happened without Obama "investing" in anything...go figure
saying it "shifted" suggests that we recieved it or it was sent here from somewhere else...
we created, we expanded..it's what we do...and I'm sorry, the "future success of America" will NOT be based on environmental tech...the only thing that you got right is that it
is very slow to produce, if at all...particularly with Obama(GOVERNMENT) picking winners and losers...ask Spain
the future success of America will be based on private business creating and innovating and filling demands without the big hand of Statist Central Planners determining, directing and taxing their every step....
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The problem is that private business will almost always take the path of least resistance which means short term shareholder value.
-spence
yeah, that private business is just a menace....