Quote: (01-23-2012 06:29 PM)bface Wrote:
Finally some sane people in this thread...
Economy is NOT a national thing. If a free market (or what's left of it) can produce cheaper workforce in another country it is actually good for the market if businesses take use of that. Think of labor as a commodity.
If I were in the US I would get into manufacturing or food production. Everything else will be mostly useless when the dollar crashes.
Tell that to the millions of displaced workers in 1st world countries.
Part of the problem is that most politicians think very simplistically about the economy, and economics, more so than any other academic discipline is subject to political manipulation.