You guys are both looking at the SYMPTOMS and not the CAUSES. The REASON why it is cheaper to manufacture half way round the world is because the government has interfered and given us too many stupid rules, too many taxes on businesses and HUGE pay for workers.
We have much better machines therefore we are VASTLY more efficient at producing things than the Chinese, in a free market we would be amongst the most powerful and productive in the world, but look at where we are now.
ITPRO, the communism capitalism we have now has failed yes, but only BECAUSE of government interference. If the interest rates set itself as it should in free market capitalism, this ridiculous amount of credit would never have happened, because it would have become simply too expensive and not profitable for people to borrow and leverage themselvs up.
I really am frustrated that everyone is so brainwashed that they believe that a huge government is good for the country, and that is the reason we are here in the first place.
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