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To: edsheppa
Sigh, how long will I have to read posts from people who have no idea of what they are talking about?
Tell you what, you are qualified to talk about the downsizing of American industry if you have had a trusted Purchasing Agent lean forward on his desk and tell you that you must take 30% less for what you do as a livelihood next year or he has to take your work overseas.
No matter what we think of them, the Japanese and the Chinese aren't idiots. They are willing to spend great sums of money undervaluing their currencies to burn out the American competition, knowing that they won't be back.
Furthermore, if domestic companies aren't producting for the US consumer market, how long are the companies producing the industrial goods these factories in turn need going to be viable? The domestic machine tool industry collapsed because of this very reason.
I agree that our greatest enemy is our our own government. Some days I just want to be treated like a farmer...
17 posted on 08/31/2003 12:03:41 PM PDT by Last Dakotan
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To: Last Dakotan
Sigh, how long will I have to read posts from people who have no idea of what they are talking about?

You're right, Alan Reynolds doesn't know shit.

24 posted on 08/31/2003 3:20:13 PM PDT by edsheppa
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