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To: central_va
My point is that if you construct two identical versions of the same resort hotel -- one in Detroit and the other in Dubai -- the one in Detroit would be worth a fraction of what the one in Dubai would be worth. One big reason for this is that even American protectionists would rather go to the one in Dubai.

Do both of these projects actually involve the creation of "wealth?"

102 posted on 01/18/2017 8:35:02 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: Alberta's Child

Building a hotel in Dubai has nothing to do with importing products to the USA. Now if by some magic you could build the hotel in country X and ship it to country Y then that would be relevant. Since you can’t ship hotels it is irrelevant.


105 posted on 01/18/2017 8:40:03 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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