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To: Moonman62
Wow, I kept waiting for the sarcasm tag. An economy grows by being innovative and thus creating new markets and new businesses, and thus, new jobs. There's no need to kill foreign competion if the government steps out of the way and allows those things to happen. Had GWB been more like Reagan, rather than Hoover and LBJ on economic issues, jobs wouldn't even be an issue.

How does being innovative create new jobs when the innovation and its resultant new industry is immediately shipped overseas?

458 posted on 02/18/2004 4:55:16 PM PST by raybbr (My 1.4 cents - It used to be 2 cents, but after taxes - you get the idea.)
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To: raybbr
How does being innovative create new jobs when the innovation and its resultant new industry is immediately shipped overseas?

How many jobs are actually shipped overseas? I think it's about 10%. If 1 million new jobs are created and 900,000 stay here, I'll take that. That's 900,000 that didn't exist before. For 200 years our economy has dealt with jobs being lost to productivity gains. Now we have to deal with outsourcing on top of that. Provided that our laws reamin friendly to investment and capitalism, we can handle it.

499 posted on 02/18/2004 8:26:07 PM PST by Moonman62
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