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To: The Old Hoosier
The point is: who will be able to afford IBM PCs if there are few decent paying jobs here in the U.S.?

Other businesses? Those other businesses may be out of business, too because no one can afford their products. And so on...

Consumers drive the U.S. economy. High "Consumer Confidence" carried the economy through the recent downturn.

166 posted on 12/16/2003 11:53:38 AM PST by dhs12345
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To: dhs12345
who will be able to afford IBM PCs if there are few decent paying jobs here in the U.S.?

This is the wrong question. We don't keep jobs in this country by preventing them from going elsewhere. That's like trying to make the economy stand still. We keep them here by creating them here.

This is how it has always happened in the past. Otherwise, we would have at least 30% unemployment today, when you consider how many jobs have been lost in the American manufacturing, mining and agricultural economy in the last 50 years. Yet we're not even close to that. We enjoy unprecedented convenience, comfort and health. The same will come in the future as long as Americans continue to produce ideas or supply the means and know-how to put other people's ideas into action.

We have a head start on this because we are so advanced as to have the leisure to keep our eyes open for the next big thing. It's true, there are no guarantees. But it's pointless to try to stop the train by standing in front of it.

173 posted on 12/16/2003 1:01:41 PM PST by The Old Hoosier (Right makes might.)
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