To: RockyMtnMan
How much higher would my returns be if the trillion or so dollars invested overseas had been invested domestically? Do you really think that by banninf companies from doing business overseas, you force them to do it here? Companies can always shut down instead of doing business here. You think this cyclical economic downturn was bad? If you could have only seen how bad it would have been if companies didn't have a cheaper option to keep them afloat.
To: Texas_Dawg
That still doesn't explain the impact on the economy when businesses do not invest domestically. Trickle-down doesn't work unless investment happens at home. Being versed in economics this should be blindingly apparent to you.
All your advocating is the consolidation of wealth into a select group of large multi-national corporations. These companies have no desire to create new startups at home to compete with them. As a result offshoring has become a God-send to them, they save on labor and they deny American borne competition. Their revenues increase because their margins have gotten bigger from the cost savings and there are no "little guys" to compete with.
To: Texas_Dawg
It doesn't matter to the paleo-cons and the other whiners. They are casting an eye towards Washington, DC for salvation.
The paleos seek tariffs.
The lefites seek handouts.
Both have accepted the concept of government intervention in the economy. They just differ on the details.
140 posted on
09/17/2003 9:59:27 AM PDT by
hchutch
(The National League needs to adopt the designated hitter rule.)
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