Quote:
Originally Posted by crucifissio
capital is now global not just USA...if you make it less profitable to invest in US companies producing for pennies in china, then they will not invest <-----huge problem
open up a US domestic production and see how much serious capital you get...
investors want $$$$$...they want it NOW...or they go elsewhere...
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I agree with this. Everything is global. If I can buy something for 30% less then I do. If I can make a higher return, I invest. It is not that we are anti american, we are just global. The high school grad in Tennessee does not have a ton of options in the manufacturing world but he can do service or construction and do well.
Eventually we will have a global standard of living and yes that will suck for the people who were much higher and be cool for those who were lower. It is just the way it works.