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To: A. Pole
"at some point we will go below critical mass and then the center of innovation will shift outside the country and that will really begin a decline in our living standards."

Welcome to the Global Economy. This is what it's all about - bringing down this great nation. History will once again shake its head and say WHY didn't they see this one coming? Who will bail out the US when it goes down?

6 posted on 12/31/2006 6:31:24 AM PST by BipolarBob (Yes I backed over the vampire, but I swear I didn't see it in my rear view mirror.)
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To: BipolarBob

We are wealthier than we've ever been before.


10 posted on 12/31/2006 6:35:50 AM PST by DB
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To: BipolarBob
History will once again shake its head and say WHY didn't they see this one coming?

C'mon, man, we're sticking it to the American worker here. THAT'S what's important.

94 posted on 12/31/2006 7:56:57 AM PST by Wolfie
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To: BipolarBob
Welcome to the Global Economy. This is what it's all about - bringing down this great nation. History will once again shake its head and say WHY didn't they see this one coming? Who will bail out the US when it goes down?

You have no idea what you're talking about, IMO.

Creating ready, willing and able consumers will have more positive results for our economy.

I recently read that 100% cashmere sweaters made in China are only $22.00.

I guess to your way of thinking, that means all the people in our soup lines will be warmer wearing one.

113 posted on 12/31/2006 8:18:33 AM PST by DCPatriot ("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
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To: BipolarBob; A. Pole
The underlying theme of this article clearly illustrates the basic paradox of a modern economy -- in which our standard of living (by almost any measure) is highest when we have the ability to import large quantities of manufactured goods from overseas.

For example . . . People living in this country purchase far more refrigerators, televisions, etc. today than they ever would have been able to buy if these things were all made in the U.S.

The basic question we face is which we value more: our high standard of living or our ability to export goods and services to other countries. Because quite frankly, we can't have both.

142 posted on 12/31/2006 9:15:21 AM PST by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: BipolarBob

You cannot ignore something that exists.


201 posted on 12/31/2006 11:10:55 AM PST by verity (Muhammed is a Dirt Bag)
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