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Originally Posted by tw
But it implied what you did and did not grasp - that my post was woefully too short.
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That, my good man, is the funniest thing I've read all day.
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Originally Posted by tw
Where is this "single country can certainly allow itself to be excluded from the industry"? Please, an example because I have no idea what you mean. No country excludes itself from an industry when the industry operates in free markets.
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You yourself have pointed out many times how there is no such thing as a television made in America anymore.
I know the whole competition-drives-innovation spiel. And I agree with it--for every industry except food. All of your examples from the auto industry and the paint industry are irrelevant, no matter how many times you repeat them. Unless you start to examine genetically-modified foods, which have not found much enthusiasm in the markets, there is not a lot of room left for innovation in agriculture. We've pretty much got it figured out. All that remains is to make the process cheaper through labor and transportation costs.
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Originally Posted by tw
He moved operations to Mexico salivating over the profits proven by his spread sheets. Two years later, he was back in CT desperately trying to save his company; seeking his old employees. As is repeatedly demonstrated in Economic papers, the reason why wages were so much lower in Mexico were factors such as people and an infrastructure; those workers less than 1/5th as productive. Quality Coil needed workers in CT who were paid five times more money to become profitable again.
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Then why is it you believe that ending farm subsidies will send all these Mexican agricultural workers back to Mexico, or in any way encourage them to stay there in the first place?