Shogun
Free: Mudholes Stomped
- Jan 8, 2007
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It's not a dumb theory...It's basic econ 101.
I'm old enough to remember the exact kind of ignorant economic populist and trade isolationist whining-n-crying about products that came from Japan, Indonesia, Hong Kong, and Taiwan.
Guess what happened...Not only did America become a more wealthy place, but those places from whence America received the "outsourced" production of those goods became wealthier themselves.
America's wealth grew out of people of all backgrounds creating added value to raw materials, not merely form union labor.
If anyone here is short on knowledge of history and economics, it's you Bubba.
yea dude! Our auto industry sure is reflective of yout silly little hypothesis, lemme tellya!
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our auto industry is the text book example of how NOT to run a profitable business.
In fact after the shit American auto companies produced in the 70s, and the much improved cars thereafter shows how imports improved American companies but in the long run they couldn't adapt and compete could they?
Certainly the SUV fiasco is an example of the failures of American auto... but I'll buy a fucking ford Mustang over a Hyundai any day. You go ahead and hang with the 2 fast 2 furious crowd if you wanna. You won't find cheap toyotas from the 80s lasting any longer than dodge omnis did.