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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (628743)9/20/2011 12:21:42 PM
From: Tenchusatsu  Read Replies (1) of 1577088
 
Al, > What then, if not demand, is the solution to this unemployment problem if not demand generated work?

The key is what is being produced and where.

Kind of jacked when many of the startups here in Silicon Valley talk about manufacturing their stuff abroad. Gee, I wonder why they don't want to make their stuff in California, despite lots of blue-collar towns like Fresno really needing the work. Maybe it's because California has such a hostile business climate?

Meanwhile, I hear about plant openings and manufacturing job growth in the southern states. They have right-to-work laws and a regulatory environment that are more friendly to businesses.

Gotta start making America competitive once again in the global marketplace. And that's a tall order, given how big and diverse America is. Maybe that's why the power of the free market is the best solution here, even though often times it leads to income inequalities.

But the priority should be jobs first. We can "redistribute" later.

Tenchusatsu
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