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Federal Loan Guarantees Requested for Ethanol Pipeline
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<P mce_keep="true">[quote user="Bucyrus"]...<FONT face=verdana,geneva>Our workforce cannot possibly compete with the Chinese workforce until their wages gradually rise to parity with ours and their standard of living rises accordingly...</FONT><SPAN style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva><FONT size=2>So while it is true that world free trade is a perfect economic model that produces the best result for everybody, if it suddenly encounters an unleveled playing field, it can cause damage to the side disadvantaged by that unleveled playing field.<SPAN style="mso-spacerun: yes"> </SPAN>With a wage disparity as large as that which exists between the U.S. and most of the third world, the world free trade model could destroy the U.S. while efficiently providing us with goods and services at the lowest possible price.</FONT></FONT></SPAN>[/quote] <P mce_keep="true">What troubles me the most is that we in this country are supposed to have the best and the brightest business minds in charge of our capitalist system. Thats the reason for such institutions at Harvard Business School etc is it not? <P mce_keep="true">From the way the US has been trending in the last 30 or so years, I am beginning to wonder if we in fact have the best and brightest capitalists at all. <P mce_keep="true">As a nation, our economic decisions don't seem to indicate that. </P>
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