View Single Post
  #12   Report Post  
Old November 28th 03, 09:32 PM
CW
 
Posts: n/a
Default

Yes, they have thought it through. They know very well that it will lead to
economic disaster but they will have made their money by that time. As a CEO
of a major corporation making several million dollars a year, how many years
do you have to work before you get financially independent? After that, it
makes no difference to them. Someone once termed this as "bugger your
neighbor economics". This is a very appropriate term and is the motto of
most of corporate America. Although it is a lousy way to run a business, it
must be done or the business can't compete. The real problem is the economic
trade deals the government is making. Making deals such as "if you buy 200
thousand worth of goods from us, we will buy 200 billion worth of goods from
you is not good policy. In addition, most countries in the industrialized
world have import duties high enough that foreign imports are expensive to
buy. Not us. When I was a kid, imported goods were expensive. Consequently,
the majority of goods were American made. That has changed.


"Diverd4777" wrote in message
...

- No one in Corporate America ever thought that one through . . .