Working Man
Member
- Aug 22, 2004
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- #21
freeandfun1 said:you know working, you must be young. otherwise, you would recall that in the 80's, the same thing was said about the US. But then, it was the Japanese that were going to buy our nation. Today, it is the Chinese (according to you and a few other liberals).
The economy runs in cycles. In the late 80's, the dollar was strong and so we shipped a lot of jobs overseas. In the early 90's, the dollar weakened, manufacturing came back to the USA and then, in the late 90's, Clinton let his buddy Soros cause an economic catastrophy in Asia which led US manufacturers to once again outsourcing jobs to Asia to cut costs and to compete with the Euro. Now, the dollar is weakening and before long, the jobs will start coming back to the USA. This is not a new cycle. It is one that has been occuring since the end of WWII and before that I am sure. Already our exports are increasing (due to a weak dollar) and yes, we are importing, but one thing they don't mention is that a lot of the imports are being imported from US manufacturers with facilities overseas. As I said, if the dollar keeps weakening, it will be cheaper to MFR here and the jobs will come back.
Economy Runs in cycles?? Dude, I will be F'n dead way before the economy improves in this country.. We DON'T have the same industrial base in this country that we had in the late 1800's through the 1960's.. If you don't have it, you can't cycle back.. Too many generations lost I think.