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Gary Coffman
 
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Default Every wanted to see a Chinese production facility?

On 13 Oct 2003 01:25:53 GMT, (SMuel10363) wrote:
Ray and you other fellows that compete directly- what
can be done to get us out of this mess?


One big step would be to let dollar float where it really belongs to the other
countries money.Canada is my biggest problem--60%+ of the imported molds come
from there. How do you draw a line and say on this side the $=$ but on the
other side (Canada) its only .68 cents? We have the same standard of living.


The US dollar and the Canadian dollar *are* allowed to float. That's why the
Canadian dollar is only worth 68 cents. That's not a government pegged
number, it is what the free market determines is the relative purchasing
power of the Canadian dollar against the US dollar.

Their standard of living *is* lower than ours because their government's
socialist policies (socialized medicine, nationalized broadcasting, nationalized
power systems, tax policies, etc) penalize success more than our government
does. Their theory is that the government should take care of everyone, whether
they have earned the expense of their care or not. To do so, the productive
have to be penalized to pay for it.

Gary