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Politics : Stockman Scott's Political Debate Porch

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To: Lizzie Tudor who wrote (31182)11/8/2003 5:08:31 PM
From: Jim Willie CB  Read Replies (10) of 89467
 
reasons why?
higher US labor costs
higher US corp taxes
higher US health care costs
higher US Dollar currency
high debt and envmtal obstacles dont apply
these all apply to answering the question on why higher skilled US jobs are heading overseas

this is not a complicated diagnosis
the solution is next to impossible without a severe recession, during an adjustment period which would last almost as long as the problem developed
that was somewhere around 20-25 years

can anyone locate the origin of the problem?
1971 abrogation of gold standard for USDollar
the birth of "funny money"

the vehicle is "global trade"
/ jim
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