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


To: Taro who wrote (327743)3/1/2007 2:01:05 PM
From: combjelly  Respond to of 1577171
 
"At least the West has pumped in their own version of the Marshall plan, which hopefully would improve the North/South delay in getting up to equal levels."

It takes something like that. And it has to be real. What happened in the US is that companies in the north would relocate obsolete equipment in little factories in the south. Because the old equipment wasn't as productive as the new equipment, more people were needed to do the same work. So factory work paid at a much lower rate than up north. And that was just another factor that kept people on the land.

Personally, I think reunification happened way too quickly. If they had spent, say, a decade at it, the dislocations would have been much less severe.