To: I_dmc
You realize, of course, that no wealth is created by service jobs- only when a product is produced. The capital drain will continue unless we create and manufacture for export.
153 posted on
07/18/2003 10:57:42 AM PDT by
Rockitz
(After all these years, it's still rocket science.)
To: Rockitz
You realize, of course, that no wealth is created by service jobs- only when a product is produced. The capital drain will continue unless we create and manufacture for export.
That's only partially true. If, for example, domestic corporations own foreign manufacturing plants, real wealth is generated, despite the fact that the jobs and plants don't reside here.
155 posted on
07/18/2003 12:52:40 PM PDT by
Bush2000
(R>)
To: Rockitz
Yes, I realize that the true issue is the creation of wealth. And the rest of the planet's incessant pillaging of the wealth created by the US. The conversion of raw material costing $X into $yX of goods is the creation of wealth. Nothing else is.
166 posted on
07/19/2003 5:59:56 AM PDT by
I_dmc
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