Political & Elections

Members Login
Username 
 
Password 
    Remember Me  
Post Info TOPIC: Losing the Economic War


Senior Member

Status: Offline
Posts: 259
Date: Feb 6, 2011
RE: Losing the Economic War
Permalink  
 


In answer to your first question, probably "yes," unfortunately.  Everything is justified by economics - "its the market stupid."  Markets are not free and never have been.  Policy designed to help the U.S. workers and buy American campaigns would seem like a good idea even if prices rise for some things.  No policy is perfect and every scheme will have some flaws and unintended consequences, but consequences of what we are doing now seem dire.

__________________


Guru

Status: Offline
Posts: 825
Date: Feb 6, 2011
Permalink  
 

Note the part about outsourcing of research to China and India.

http://www.theday.com/article/20110203/OP01/302039327


Soon to come, outsourcing of weapons development.

Could the people running the country be any stupider or more short sighted?

International trade and international relations in general are a net loser for the U.S.

Great Britain is not doing so well either;
http://www.independent.co.uk/news/business/news/drug-firm-pfizer-to-close-research-plant-2201014.html

So how does a "corporate entity" "own" anything in a communist country?

Pfizer is "giving away the store".

Once the drug is developed and tested, the only thing keeping any competent organic chemist from copying and selling it are "intellectual property" laws.

What does China ignore and have none of its own?

-- Edited by BigG on Sunday 6th of February 2011 09:48:08 AM

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.



Create your own FREE Forum
Report Abuse
Powered by ActiveBoard