Why do Americans continue to believe the lies they are told?
Sunday, November 22, 2009 at 09:22PM http://cafehayek.com/2009/11/still-manufacturing-myths-aplenty.html
Donald Bordeaux tells us manufacturing is doing better than ever, but we are constantly told we no longer build anything. It's true that we're spending way more than we're producing, but that's another problem. And if government keeps soaking companies to pay for statist schemes, manufacturers might be producing elsewhere. Be that as it may, we're still building stuff.
M. Farmer |
2 Comments | 

Reader Comments (2)
Imagine how much we could be manufacturing if we didn't have incredible regulations on production and taxation on capital. I really think many businesses and manufacturing companies that have left would return to the U.S. and that our cost of business absent government regulation would still be lower than China do to inherent efficiencies (at all levels of a business -- technological design, packing and shipment costs, etc.) in the American system.
Yes, that has been my argument, too, that we could be going full bore in an unimaginably strong economy if it wasn't being held back by government regulations an spending.