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Politics : Formerly About Applied Materials

AMAT 228.68

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Nov 17 3:59 PM EST

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To: Big Bucks who wrote (24980)	10/7/1998 1:07:00 AM
From: Paul V.	Read Replies (1) of 70976

Big Bucks, The Fed and politicians will want domestic peace and relative tranquility in industry and the labor force. In any case, there are tough decisions to be made and acted upon and I don't think any politician worth his salt will do anything to aggrevate US workers/voters. If a choice has to be made it will be for the overall benefit of US economic/political interests, even if it is at the expense of foreign concerns/agenda. What is going to keep corporations from merging on a global scale like Chrysler and other corporations? An European example would be Germany which is manufacturing many of their cars in Mexico. Respectfully, I just do not see that tariffs are a benefit except for an futile effort to try and protect US wages. However, I don't believe a protectionist policy will work today with how fluid goods and services with technology can move freely by satilite, fiber optics, etc. An example, is AMAT. Why did AMAT build plants in Asia? One, that is where the greatest growth potential is and second that is where cheap labor is located so that we the stockholder can reap a greater return in our portfolio's. Just my $.02. Paul V.

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