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Interesting Article that Explains A Lot Regarding the Economy

#9
(This post was last modified: 03-11-2016, 08:16 AM by EricC85.)

Quote:The free market will never win against the slave market, you either force their costs up or join them at the bottom.
 

There has always been and always will be cultures where it's cheaper to produce goods than it is in developed nations. I'm not concerned with fixing China's slave market that's their problem. The reality of a global economy is it's cheaper to build some products over seas by trying to equalize the cost of production it's no different than trying to use government to equalize income distribution. Unless everyone is ok with just increasing all cost of goods across the board ( a tax on everyone) the free market has to be allowed to use competitive advantages over seas. Manufacturing is a dying trade anyways why are we expanding the influence of Washington for an industry that is being atomized? Manufacturing is coming here domestically it's coming with robotics not employee's 1000 people to work an assembly line.


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Interesting Article that Explains A Lot Regarding the Economy - by EricC85 - 03-11-2016, 08:15 AM



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