-——Why not practice what S. Korea does-——
The answer is that millions of Americans make their living selling American stuff and capabilities working outside the country. We make our living traipsing all over doing what we do that the locals can’t do for themselves.
South Korea actually acts globally the same way with contractors and technical types working all over doing what they do.
It is a big, big world and we can do things others can’t but need. That is who we are.
Disagree, maybe you don’t understand my post.
I say invest it at home (USA) first.
Build the rigs in US vs. Korea.
Have you ever tried to sell in Korea?
If you have you find they fight tooth and nail
to use homemade products with the goal of keeping every penny at home. We could do that here (Gulf of Mexico)easily.
And not send dollars out of the country. Lessen the balance
of payments account we are always lectured about.