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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (233684)	5/19/2005 5:31:02 PM
From: TimF	Respond to of 1576164

Raymond you just disagree or insult. You rarely actually make an argument for your points and when you do and are challenged on it you just call the response nonsense, or you change the subject or you attack the person making the argument, instead of dealing with the point. You said " who mistakenly view offshore outsourcing as just another manifestation of the beneficial workings of free trade and comparative advantage. In fact, offshore outsourcing is the flow of resources to absolute advantage. " Its fairly silly to claim that India and China really have an absolute advantage over all of the US economy. You tried to defend the idea by claiming that the US industrial base was hollowed out but that isn't true. Us industry has, with the exception of short downturns, continued to produce more value over time. Its employed less people to do this, so we have fewer manufacturing jobs, but that just means we are more productive. But even if China and India did totally outclass the US in the ability to produce goods and services across the board (and thus have an absolute advantage) that wouldn't mean that trade and outsourcing were not examples of comparative advantage in action. Even if another country really did have an across the board absolute advantage over the US, the US would still have comparative advantages. It surprising that someone who claims to have an MBA shows such a lack of understanding of comparative advantage. Tim