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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (32920)	3/4/2004 10:49:30 AM
From: MulhollandDrive	Respond to of 794041

If you noticed in the story, one part of the RR's new business is taking Asian cargo off ships, training it across the country, and putting it back on ships bound for Europe. N America as a land bridge it really is amazing when you think about it like that..but to me it enforces just how deflationary the times are wrt manufactured goods... to think it is actually cheaper for europeans to import goods from china across the pacific by ship, across the US by train, and THEN loaded onto another ship...mind boggling indeed...gives the word productivity a whole new meaning Observe the accommodation of the most common artificer or day-labourer in a civilised and thriving country, and you will perceive that the number of people of whose industry a part, though but a small part, has been employed in procuring him this accommodation, exceeds all computation. The woollen coat, for example, which covers the day-labourer, as coarse and rough as it may appear, is the produce of the joint labour of a great multitude of workmen. The shepherd, the sorter of the wool, the wool-comber or carder, the dyer, the scribbler, the spinner, the weaver, the fuller, the dresser, with many others, must all join their different arts in order to complete even this homely production. How many merchants and carriers, besides, must have been employed in transporting the materials from some of those workmen to others who often live in a very distant part of the country! How much commerce and navigation in particular, how many ship-builders, sailors, sail-makers, rope-makers, must have been employed in order to bring together the different drugs made use of by the dyer, which often come from the remotest corners of the world! ~adam smith <visionary, genius> socserv2.socsci.mcmaster.ca