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Strategies & Market Trends : Outsourcing and Free Trade
INFY 16.42-0.9%Nov 3 3:59 PM EST

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To: redfish who wrote (6)3/11/2004 12:21:24 PM
From: Original Mad Dog  Read Replies (1) of 9
 
That's just a disguised tax you are paying to GM and Ford workers to allow them to produce at high cost without competition. GM and Ford are good examples because they have expended enormous effort in the face of competition to reduce their costs. Without that effort their cars would average about $40,000. They also were forced to improve quality dramatically in the face of that competition. Those are good things that protectionism would have prevented.

As for your conclusion that lower costs are not necessarily a good thing, I guess that's only true if you want to pay more money for less stuff. I don't agree that's a good result.
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