Yes, you should keep up. Adam Smith, a British economist who has been
quoted by American statesmen, and Justices of the Supreme Court of the
United States, wrote, in his book Wealth of Nations, published in 1776, "If
the free importation of foreign manufactures were permitted, several of the
home manufactures would probably suffer, and some of them, perhaps, go to
ruin altogether...". He noted that "two great engines for enriching the
country, therefore, were restraints upon importation, and encouragements to
exportation." Mr. Smith had studied under Professor Francis Hutcheson, who
had written, in his book System of Moral Philosophy, in the chapter Of the
Nature of Civil Laws and their Execution: "Foreign materials should be
imported and even premiums given, when necessary, that all our own hands may
be employed; and then, by exporting them again manufactured, we may obtain
from abroad the price of our labours. Foreign manufactures and products
ready for consumption should be made dear to the consumer by high duties, if
we cannot altogether prohibit the consumption; ...".
We can't even compete in the information age. Third world countries
like India are taking our "call center" jobs and programming jobs, etc.
We will soon have nothing to sell anyone. Then all the wags will say
"Who could have known?". Then we will become a third world country.
No country stays great forever. Look at past history. We are no
exception. Look at the last days of the Roman empire. The excesses
continued up to the end. It will be the same here.
If there is a way to lower cost, people will find it and do it. If you
find the way but don't do it, others will and you end up losing the
business and your job anyway.
My take of outsourcing and manufacturing relocation has always been if
another guy tens of thousands of miles away can do what you do for one
tenths of your salary, then perhaps you do not deserve the high pay and
the life style that goes along with it.
The reason we enjoy the life style for the past 50 or 100 years is
precisely because we do things other people can't and we name the price
in the market place. The only way to keep it going is to keep
I agree with you. When America and it's real Americans no longer
have job skills with manufacturing then the ball is in the
foreigners court and they will call the shots with their
modernized engineered weapons and consumable products and when
and if they choose to throw their weight around who will stop
them then? It's all over for a lot of us and it won't be pretty
for many more in the near future. Thank the empty hearted/headed
politicians and ceo's and those who'd rather get short term
profits at the expense of those wrkers who once made this the
great nation we used to be. It's how some greedy Americans
squandered what once was the best aspect of America. It's
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