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Strategies & Market Trends : New US Economy Policy -- Ignore unavailable to you. Want to Upgrade?


To: Arthur Tang who wrote (78)11/13/1997 2:52:00 AM
From: Arthur Tang  Read Replies (2) | Respond to of 435
 
The new economy and our country's self sufficiency.

America has been lax in self sufficiency due to the bad monetary policies of the Feds' past. Complementary economy of Canada, Japan and China (both Taiwan and main land) plus lately of Mexico, and supplementary economy of Europe, south east Asia, and south and central america countries; took all American jobs in America. Even Levies had to retrench today; not to mention the bad management at Kodak.

However, the old theory of selfsufficiency will put us back in the jobs growth. Because we do the mass distribution and we know what we buy; we can finance the new automatic factories and get all our jobs back to supply our own needs. Fast track for our president is just foolishness. Give away more jobs because of cheap labor? Only those management who did not prepare for automation can be stupid enough to give work to cheap labor and suffer low quality. Automation in production is to get interchangability; every part produced is of the same quality.

Even (little) Malaysia is talking about building their own trucks on the island. They need 10,000 trucks which they import now; to be produced themselves in their own country soon. Do we have to worry about Malaysia's economy going sour? Not me, and never America again, either.