"nom=de=plume" wrote in message ...


Greg:
The issue is not monetary policy, it is a decline in our capacity to
produce things we can sell the world. These days most of our exports
to China are raw materials. We sell them scrap iron and they sell us
consumer goods. The real profit is in the manufacturing, not
collecting and shipping scrap iron.

Greg:
Recover doing what? This isn't 1929. Our problem is not excess
capacity with no place to sell it. We don't have the ability to
produce much. We sold our factories to Mexico and China.

Plume:
The facts just don't support this statement.

Economies was and wane. There are plenty of things we export.

http://www.suite101.com/content/top-...s-2009-a204269




Earth to Plume! Which planet is teleporting your "facts" to you?


--
Harry
"The 'C' students run the world."