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jim rozen
 
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Default The Maytag Man came by today

In article , Gary Coffman says...

There's no other real way to stop this movement of manufacturing
offshore, ...


With one definitive exception.

Once wages are suppressed enough, the market
for all the items that are purchased with
discretionary income will simply go away.

If your customer base that buys cars is
simply not able to buy another car, then
there is no need for you to manufacture
them - in the US, or elsewhere for that
matter.

This strikes me as the ultimate mexican
standoff, and no doubt it will happen
in a gradual, smooth fashion. But my
guess is that all the jobs that are going
to china are gonna eventually (might take
ten years) go the way of those jobs that
went to mexico.

Jim

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