What kind of economy are we creating?

[A HERETIC I AM]

31. Not sure you asked a question of me, but what the heck.

To a degree, I think the above is correct. One other thing that will drive manufacturing back to the US is rising fuel prices. Whil still fairly cheap to ship goods across that rather large lake between China and the US, it will get to the point that it will be cheaper to make things here (whatever those "things" are) than ship them across the Pacific.

I also think that there is a HUGE danger from an environmental point of view of 1 billion + Chinese and their Indian counterparts all get cars, air conditioning, refrigerators and the rest of the modern conveniences we take for granted. Unles they do it smartly, and I mean REALLY smartly, we are all fucked.


There is another possible solution that is rarely if ever discussed. Tell American companies that want to make things overseas - no problem, help yourselves. Except that the factories over there must comply with US EPA and OSHA regulations. IF they don't, your goods are charged the appropriate tariff on arrival in the US.

Seems to me that low wages aren't the only thing attracting companies to do business elsewhere. Much less stringent environmental and worker safety rules are a savings as well.