Quote:
Originally Posted by hooskins
AW,
A good amount of my family is from the Detroit area directly employed by the automotive industry. So I completely understand your perspective, but I am not letting my personal ties cloud my economic judgment.
It is not a good policy to prop up an industry by not "allowing" foreign competition. It is not sustainable nor is it sound. As long as the industry is not an infant industry or one pertinent to national security we should welcome foreign competition to make our product better. The proper way to "protect" an industry is to invest in R and D. If R and D is not deemed enough then invest in another industry.
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LOL...you think its that simple?
What textbook did you get that from?
And I never said anything about not allowing anything nor am I for propping up things, like GM if thats what you're referring to.
I'm saying America needs to get back to manufacturing for its own sake.
Manufacturing facilities create a metric feckload of jobs.
And that is what this nation needs now more than anything.
I welcome competition. It drives quality and innovation improvements.
I also want to crush it.
We dont "need" a global market. However we are stuck with it.