Tuesday, January 25, 2011

THE OBAMA FALLACY : EDUCATION AND INFRASTRUCTURE WILL NOT BRING BACK FACTORIES

EDUCATION IS HIGHLY OVERRATED IN THE STRUCTURALLY DAMAGED AMERICAN "ZOMBIE ECONOMY..."

TRUE ~ BETTER EDUCATED PEOPLE ARE MORE EMPLOYABLE...

BUT WHERE...? AT MICKYD'S...? WALMART..?

AMERICA IS DEINDUSTRIALIZED BECAUSE OF A HIGHER WAGE BASE...AND THAT HAS NOTHING TO DO WITH EDUCATION...

ADDITIONALLY INFRASTRUCTURE IS NOT THE ANSWER...

CONSIDER:

HOW MANY US FACTORIES CLOSED AND MOVED TO CHINA...BECAUSE THE ROADS AND BRIDGES IN FRONT OF THEIR AMERICAN FACTORY WERE BAD...? NONE..

EDUCATION AND INFRASTRUCTURE ARE NOT THE ANSWERS...BUT THEY ARE EXCUSES TO AVOID DOING WHAT IS NEEDED.

WHAT IS NEEDED IS A LEVEL "COST" PLAYING FIELD...ON WAGES AND HEALTH CARE AND OTHER SUBSIDIES THAT ASIA GIVES THEIR MANUFACTURING SECTOR...

IF COSTS CAN NOT BE EQUALIZED...THEN A TARIFF NEEDS TO BE IMPOSED...

SO DON'T BUY INTO THE PROGRESSIVE BULLSHIT ABOUT EDUCATION AND INFRASTRUCTURE...BECAUSE BY IGNORING REALITY WE ONLY PROLONG THE AGONY.