Re: Maximum Hypocrisy!
When the jobs move to China, if they do, the same thing will happen to China--wages will increase, etc. And you simply do not hear of China being a threat to us any more. They are building their economy, and that is a good thing.<br /><br />Like I said, nothing is perfect, and the days of landing a good paying job out of high school with no special talent are probably over, but on balance this is a good thing. China will purchase American goods as well, and as the economies grow, it is a tide that will lift all boats, for the most part, and make us more secure, without firing a shot or risking American troups' lives.<br /><br />And I'm not sure of the theory that people will only buy cheap. The biggest sellers at auto dealers remain SUV's and full size pick-ups. It is the high end products that are moving, and not the cheap end products.<br /><br />Which of course reflects why the tax cut was aimed at the wrong population--why what worked in Reagan's time will not work under the current circumstances--<br /><br />Yes, the stock market is higher, and the economy may well go thru a short term growth cycle, especially with the continuing weakness of the dollar, but it is not a long term strategy that will work.
When the jobs move to China, if they do, the same thing will happen to China--wages will increase, etc. And you simply do not hear of China being a threat to us any more. They are building their economy, and that is a good thing.<br /><br />Like I said, nothing is perfect, and the days of landing a good paying job out of high school with no special talent are probably over, but on balance this is a good thing. China will purchase American goods as well, and as the economies grow, it is a tide that will lift all boats, for the most part, and make us more secure, without firing a shot or risking American troups' lives.<br /><br />And I'm not sure of the theory that people will only buy cheap. The biggest sellers at auto dealers remain SUV's and full size pick-ups. It is the high end products that are moving, and not the cheap end products.<br /><br />Which of course reflects why the tax cut was aimed at the wrong population--why what worked in Reagan's time will not work under the current circumstances--<br /><br />Yes, the stock market is higher, and the economy may well go thru a short term growth cycle, especially with the continuing weakness of the dollar, but it is not a long term strategy that will work.
