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To: Olog-hai
We went from manufacturing being 53 percent of the total economy in 1965 down to nine percent in 2004

True but remember 1965 was still post WWII where we stood like a Colossus in the world.

There was little or no competition from Europe. Asia and South America did not have the rule of law, Central Banking systems, infrastructure, education, or political stability necessary for economic growth.

As a society we want the high wage, high tech, high value added manufacturing.

That is where we need to focus.

Of course it doesn't help that GE just moved their High Tech Imagine Division to China.

22 posted on 08/13/2011 7:26:41 PM PDT by Mikey_1962 (Obama: The Affirmative Action President. Alea iacta est!)
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To: Mikey_1962

Too tentative.

Bring it all back.

100% import tariffs on everything. Enough of playing paddy cakes.

America first.


24 posted on 08/13/2011 7:28:41 PM PDT by Cringing Negativism Network ("Cut the Crap and Balance!" -- Governor Sarah Palin , Friday August 12 2011, Iowa State Fair)
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To: Mikey_1962

True but remember 1965 was still post WWII where we stood like a Colossus in the world. There was little or no competition from Europe. Asia and South America did not have the rule of law, Central Banking systems, infrastructure, education, or political stability necessary for economic growth. As a society we want the high wage, high tech, high value added manufacturing. That is where we need to focus. Of course it doesn't help that GE just moved their High Tech Imagine Division to China.
Hasn't stopped Germany. And it's not due to their social market economy either.

The problem is lopsided "globalization". Not every society can be an absolute autarky, but for national security purposes we should have remained one for the most part. Consider Hamilton's words.
28 posted on 08/13/2011 7:34:32 PM PDT by Olog-hai
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