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To: LindyBill who wrote (37985)8/13/1999 5:04:00 AM
From: Maurice Winn  Read Replies (2) | Respond to of 152472
 
*OT Trade Deficit and the Web Revolution* forbes.com
which is one of many from this list forbes.com

An extract to whet your appetites:

<Yeah, I'm tweaked about the trade deficit. It's much too large, and it's running like a drenched cat in the wrong direction. The other day our family was shocked to learn we had racked up a $7,231 annual trade deficit with Lucky's, our grocery store. We buy milk, meat, eggs, fruit, vegetables, olive oil, coffee, ice cream, diapers and peanut butter at Lucky's?but where's the reciprocity? The check-out counter carries only the National Enquirer, the Star, Redbook and People. Not a FORBES magazine in sight. Come to think of it, you can't find any Christmas CDs from my wife's church choir at Lucky's, either. Nor any pink-frosted, heart-shaped sugar cookies baked by my 6-year-old daughter...[continued]
.....
In the broadest terms, the Digital Revolution is a libertarian force. Its wildly proliferating technologies spread information about markets far and wide across the globe, and deep into the psyche of most people so touched. A normal person, discovering he has a real choice about goods and services, news and opinion, investments and career opportunities?with more and better choices appearing each year?will want to shop around for the best deal. This drives up the blood pressure of socialists and nationalists to stroke levels. The old guard will strike back whenever it can, whether proposing steel import quotas or trying to close our borders in order to protect a dim-bulb, overpaid American engineer from an ambitious Indian or Taiwanese.
>

It would have saved me a lot of writing and ranting to just click at these urls where he makes my points very well. Anyone can understand a trade deficit if they think of their relationship with the local store.

As he says, the tribalists and nationalists are NOT going to like this WWeb nonsense and the peculiar concept of freedom which it will promote [until IT takes over and enslaves us all].

Mqurice