No US based oil production, no US steel industry to speak of, the last vestage of local industry sold... all I keep hearing from "knowledgable" economy types is "Well, we are not a manufacturing economy any more, we have matured into a service economy".
Yeah - well being a "service" economy sure didnt bring long lived prospeity did it.
Screw the "global" economy - it cant work the way the academics envision - basic human greed and age old grudges will not allow enemies to co-habitate.
*edit* - as it is, if I am not mistaken, the "import" factories built on US soil get many incentives, tax breaks and free rides US auto factoris do not get.
Couple that with the fcats that US automakers are not permitted to build factories in foreign markets and that US exports to foreign markets are, if I am not mistaken, quota'd and limited while fuurin imports are allowed to continue unchecked it seems that the real failure of hte US automaker is not really that surprising, and had precious little to do with product quality or fuel efficiency.
Last edited by RC45; 11-19-2008 at 01:00 PM.
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