| Subject: Re: Ray |
Author:
RobDog Bastard
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Date Posted: 14:41:19 02/12/04 Thu
In reply to:
Being Unilateral Leaves Little Surreptitious Holes In Theory
's message, "Ray" on 22:55:34 02/11/04 Wed
Was that posted by Ray, or addressed to Ray? If it was posted by Ray - damn boy, nice statement. You make some good points.
Unfortunately, though, the powers that be do hold a bit more sway over the economy than your theory gives them. Consider the temporal power Alan Greenspan holds over the stock market - people's whole careers involve examining every word that comes out of his mouth and making associated predictions for investment firms.
The President, and Congress have an even greater power. They control trade agreements with other countries, and federal regulations outlining most aspects of how a business can do business.
The American economy, and the American people have always prospered when the economy has thrived, and the economy thrives when big businesses thrive. Consider our most recent and vivid example, the tech boom of the 1990s. These were huge companies driving the economy and "trickle down" worked - the average American felt the effects in no small fashion.
Yes, the global economy will dampen the effects of any domestic economic policy, but the liberal notion of "us vs. them" is backwards and will never work. I dare anybody to find one example of a thriving U.S. economy that did not involve thriving big business. It doesn't exist.
Perhaps one way to overcome the "trickle out" effect is to educate ourselves and become smart consumers. Stop buying stuff that is made overseas. Stop buying foreign cars. Stop investing in companies who do large amounts of business overseas. We will be left with poorly made, overpriced things and junk bonds, but we will be All American!
Fact is, times are changing, and the U.S. does not look as though it will remain the number one economy in the world for much longer. The European Union and China are nipping at our heels, and they are more competitive for reasons which we will never be able to overcome. We may just have to face what the rest of the world has been facing for the last century - normalcy.
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