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To: FrankR

9. Reindustrialization


34 posted on 08/22/2009 12:14:37 AM PDT by thecodont
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To: thecodont
9. Reindustrialization

Only if that re-industrialization includes Americans realizing that the genie is out of the bottle and we live in a global economy now, and they can't demand wages and benefits that exceed those of competitors, unless they provide more than those competitors. And Americans have to realize that when competitors are getting advanced degrees in science and math while Americans prefer a quickie degree and American Idol, they can't expect they will provide a more attractive product to the global market.

Ergo, Americans had better accept the idea of a much lower standard of living unless they want to change their behavior and attitude.

63 posted on 08/22/2009 1:13:41 PM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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