| Home |
| Search |
| Today's Posts |
|
#22
|
|||
|
|||
|
Fred Ziffel wrote:
On Sat, 29 Nov 2003 20:21:17 GMT, Jonathan Ball wrote: Harry Krause wrote: Jonathan Ball wrote: Harry Krause wrote: Jonathan Ball wrote: Paul Schilter wrote: Steve, I understand your point and you're right, clothes and electronics are very hard to buy American. Why would it be important to do so? Nativist/protectionist sentiment is a bad thing. You don't think it important to have manufacturing capabilities? No. Switzerland doesn't manufacture cars, aircraft, ships, consumer electronics, or much of anything else. The Swiss live enviable lives and lifestyles. You're comparing tiny Switzerland to the United States? Yes. Now there's a giggle for you. Besides, nearly half of the Swiss economy is based upon manufacturing. No, it isn't. I don't know the exact percentages for manufacturing in your country, but the Sears Craftsman Heavy-Duty heat gun that I have sitting in front of me was manufactured in Switzerland. It is a very high quality product. Doubtless. The things they do manufacture generally tend to be very high quality. I have a spinning reel that I inherited from my grandfather over 30 years ago, and I think it probably was 20-30 years old when I got it from him. It's excellent. It doesn't mean Switzerland is primarily a manufacturing economy. They aren't. They are primarily a service economy. Services account directly for twice as much of their GDP as does manufacturing, and the bulk of what is counted as "manufacturing" is actually services. Nothing wrong with Switzerland, but I wish it was made in the USA, like everything used to be. That's stupid thinking. Why do you really care where it's made? Borders are arbitrary. For things that are made in the U.S., do you care that they're made in your state? For things that are made in your state, do you care that they're made in your county? We used to make very high quality products too. We still do. We make those things where we have some comparative advantage. Increasingly, the things we make are not tangible. That doesn't make them any less valuable. We don't make much of anything anymore, and we are becoming poorer because of it. No. |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Forum | |||
| Economy Rebounds - Productivity Soars, Jobless Claims Drop | General | |||