Quote:
Originally Posted by jluetjen
Those don't create anything favorable. All that they do is limit the markets in which we can sell our products, and make the import of products and raw materials which may be cheaper somewhere else more expensive -- which drives up the prices for the consumer. By the time that this vicious cycle runs it's course, you'll wind up like the Soviet Union before it's fall, with $0.05 loaves of bread -- but non available, not enough productive jobs for the workforce, and not enough demand to grow the economy. Inefficient farms and factories, low growth, no wealth (except for those who make the government's rules) and an all-around sucky life.
What you are proposing has been tried -- in the USSR (and in fact in the entire "Eastern Block"), as well more recently as places like Iran and North Korea.
(I wonder how long until this thread gets moved to PARF...  ) |
then what would give manufacturing and large industry a reason to reopen or build new plants and hire americans? this has to be key to any recovery-
open to listening to your ideas