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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (583875)9/1/2010 4:27:24 PM
From: tejek  Read Replies (2) of 1572630
 
Not best for their workers perhaps, but improving profitability, unless you do so through rent-seeking (government subsidies, targeted tax breaks, barriers to competition, etc.), is generally good for the country, while unprofitability is bad.

Not if the vast majority of capital investment and job growth is in foreign countries which has been happening all too often in the past ten years.
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