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I agree. And I like Moore. Am waiting
to see Bowling for Columbine.
But you can't change political reality, unless you
are the scriptwriters for Matrix!
The solution is not unachievable ... improve
education and incentives and cut out all the special interest nonsense from the
budget ... make government more efficient ... ohhh, here I go dreaming again
...
At some point, isn't the moderator going to shut us
down for non-trading related musings?
n
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Dan
Goncharoff
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, May 28, 2003 9:10
AM
Subject: Re: [RT] Tax Cuts
The difficulty in making/keeping one's cost structure efficient
is often more political than anything. Too many people refuse to believe you
have to close every single steel mill in Pittsburgh, or every auto plant
in Michel Moore's precious Flint, or, for a European example, every coal
mine in the UK. But you do.Speaking of Moore, an interesting
perspective on the problem comes up in Moore's documentary The Big One, where
Moore tries to convince Nike CEO Phil Knight to build a sneaker plant in
Flint. (There are currently NO sneaker factories in the US.) Knight says he
won't, because "Americans
don't want to make shoes". <FONT
face="Times New Roman, Times, serif">What he meat by that was that the costs
of hiring and training new workers were very high, because in the US workers
won't stay in jobs like that for very long. I recommend the movie, because, in
addition to Moore's brilliant propaganda filmmaking, some of the other
side of the story to come through, whether intentionally or
not.RegardsDanGNavtej S. Nandra (RR)
wrote:
Efficiency is a good thing. And its
impact is felt much better when you are dealing with a closed system.
And our system was psuedo-closed, not because of protectionism, but because
competitor nations were dealing with their own limitations, e.g., communism
in China.
But it is hard to make your cost structure
efficient enough to compete with a 2-3X unit cost differential with
competing nations ...
Personally, where you can't beat 'em, join
'em. Focus on US industry and services where we have an edge /
equality / monopoly and own industries overseas where the difference is too
much to overcome. Like the Japanese do with automobiles.
In the distant term, hopefully, the world will
be one big nation anyways.
N
----- Original Message -----
<BLOCKQUOTE
>
<DIV
>From:
Dan
Goncharoff
<DIV
>To:
<A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
<DIV
>Sent:
Wednesday, May 28, 2003 3:36 AM
<DIV
>Subject:
Re: [RT] Tax Cuts
How about improving efficiency? It has worked for most of
the last 200 years...RegardsDanGNavtej S. Nandra (RR)
wrote:
Not suggesting we change interest rates or
tax policy or free trade ... but definitely suggesting that we should do
something meaningful that makes investment in US industry a better
opportunity than outsourcing.
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