To: Alberta's Child; Willie Green
The single biggest contributor to the flight of jobs overseas is not regulations and subsidies, but a U.S. dollar that has been the strongest currency in the world by a wide margin over the last 15 years. So manufacturing will come back now that the dollar has lost 20% of it's value?
18 posted on
07/28/2003 1:59:37 PM PDT by
forester
(Reduce paperwork -- put foresters back in the forest!)
To: forester
Not necessarily. Nobody is going to shut down a plant in Malaysia and move back to the U.S. just because the dollar has lost 20% of its value in recent months. The issue isn't where the dollar is today, but where someone thinks it's going to be over the next couple of decades.
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