If they have no will to do so, what do they deserve?
As a nation we are preoccupied with consuming and instant gratification rather than producing and we will mortgage whatever productive assets we have to keep consuming.
And they are calling me an America hater..lol
Look how consumers are given tax breaks (IE mortgage deductions) producers are taxed.
No government interference should be allowed or tolerated.
BTW, the tax advantages are not for the consumers, they are a way for government thugs to give gifts to the people who sell the subsidized goods or services.
Manufacturing requires much patient capital to build up plant and equipment.
Particularly when it's not profitable to do so.
I don't see that changing either in a next quarter results based management system.
What do you suggest? Some here probably want a planned economy with a government enforced management system. I don't see you being one of them.
Nah, they are just calling you a hater. I can see like most of the others who argue for unfettered free trade on this forum, friendly persuasion isn't your strong point.
No government interference should be allowed or tolerated.
Agreed in theory, but the reality is that our Asian economic rivals use government to protect nascent industries and technologies and also use currency trading by central banks to sop up US dollars rather than buying US goods. As an example, during the time the Korean auto industry was forming in the '80's the Korean government ran a 300% tariff on US autos.
I think trade globally has to be managed on a country by country, case by case basis. If we are to open our markets to other countries, they have to be truly willing to open theirs.