GOOD points BOB well put
cheers, "Dirt Track Doug"
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> From: BWANA343@aol.com
> Date: Mon, 14 Jan 2008 17:09:00 -0500
> To: dlodom@charter.net; land-speed@autox.team.net
> Subject: Re: [Land-speed] American Engineering/Seriously NON LSR
>
> IMHO/FWIW
> The comments of most of the people on this list are mostly from auto
> industry related experiences and observances of the past. These pretty well
seem to
> mirror the US economy in general, regarding what we now call outsourcing.
> I was getting pretty down on the future in general until the timely showing
> last night of the CNBC special on Warren Buffet, third richest man on earth
> and a pretty neat guy to boot. What he said that was heartening is that in
his
> recent travels to China he observed they are already outsourcing labor to
> Viet Nam because the Chinese economy and standard of living has escalated
so
> rapidly. I read a while ago that Japanese hourly auto labor has been
higher
> than the US for a significant time but didn't think that the Chinese, being
> both a Communist and Capitalistic nation would catch up this fast.
> Anybody our age not notice how cheap stuff is that we actually paid more
for
> twenty years ago, mostly electronics and textiles? I am not a fan of foreign
> child labor/price fixing/crap products/Illegal Immigrants, BUT that aspect
of
> it was part of the financial boom that came crashing down right along with
> the Twin Towers. I feel we are on a downslope now, but it is fixable.
> Check out the Financial rebirth of Ireland, we must do what they did, Same
> problems, same solutions.
> Bob, oversimplifies?, W
> PS JACK !!!... Ron Paul wears a tinfoil skull cap
>
>
>
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