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To: Ahriman
I don't think that the answer is in protectionism. The answer should be in entirely new kind of economy. I think more venture capital should go to new energy and new technology (bio, space, other..). It may take several years to get there, but that's the only way IMO.

I hope that Bush administration realizes this. He will already help small companies with lower taxes and better health plans, but also we need more seed money...

20 posted on 11/05/2004 3:41:26 PM PST by Leonora
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To: Leonora

The answer is going on offense (reform) and not play defense(protectionism). School vouchers, reforming social security and medicare, tort reform, tax reform, and cutting regulations on business is the only long term solution.

Eliminating all taxes on manufacturers who stay here is not a bad idea either - the argument for that would be national security - we need to be able to protect our industrial base to some degree. Besides any tax on a business is always a hidden tax on the consumer.


28 posted on 11/05/2004 3:59:52 PM PST by DHerion
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To: Leonora

Well said. It will take a strategic decision to invest in new technology instead of spending our money on agricultural subsidies, free drugs for seniors and bonehead 'no child left behind' federal jokes. If they keep tossing the money at these useless investments we won't have the money to secure our troops in the war on terror and we won't have the money to give the seniors all their entitlements. The middle class entitlements are what will bankrupt the country.


67 posted on 11/05/2004 6:03:45 PM PST by optik_b (follow the money)
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