Forum Discussion
Yosemite_Sam1
Sep 15, 2018Explorer
timmac wrote:RTCastillo wrote:ppine wrote:
We can't out compete every other country on every product. We have a world economy and should export what we are good at. Let the market decide. We have never been competitive in solar panel manufacturing compared to the Chinese.
Once you start tariff wars, it just guarantees that costs to consumers are going up.
Yup, you are exactly right. It’s called the “unique competitive advantage” of nations.
Germany is the best model. They cannot compete anymore in cheap widgets, so they focus on high quality precision items. They design their educational system in parallel tracks of college bound engineers and skills based trades.
We can do the same in high technology and alternative fuel except the political leadership wants to pander to the vote rich extractive and carbon-based sunsetting industries.
That to is only temporary, remember back in the 50's and 60's Japan made cheap stuff and no one worried than, than by the 90's they dominated the high end stuff as well, focusing on a few special high quality products will soon be made for 1/3 else where in 10 years..
I am with Trump, Fair Trade or No Trade...
:)
It's not gonna be temporary for those who will lose their farm. As it was not for those who lost their homes in the last Great Recession.
Global economy is very competitive and countries and companies need to constantly innovate (our country, company and people's strength).
You snooze and you lose the market to someone else.
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