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To: microhoogle! who wrote (25678)2/1/2005 4:17:08 PM
From: Silver Super Bull  Respond to of 110194
 
Great post...

Here's a quote that I believe is destined to join them....

“Is it important for an economy to have manufacturing? There is a big dispute on this issue. What is important is that economies create value, and whether value is created by taking raw materials and fabricating them into something consumers want, or value is created by various different services which consumers want, presumably should not make any significant difference so far as standards of living are concerned because the income, the capability to purchase goods is there. If there is no concern about access to foreign producers of manufactured goods, then I think you can argue it does not really matter whether or not you produce them or not.”