I think its much more complicated than that. This has been an issue
for hundred of years: import vs. export. Even more so in the
industrial age. Every country wants to bring money INTO its economy by
exporting goods and services. When governments apply tariffs or quotas
on imports, the foreign counterparts do the same thing, so then your
own exports go down, severely limiting growth. Its political cat and
mouse, trying to keep the foreign markets open (by allowing imports)
and figuring out how to export MORE than you import. There are people
who devote all their time and energy to these things.
Check out http://en.wikipedia.org/wiki/International_trade
and look at the various models/theories they cover.
Also, here is another take on Detroit laxness. A bit superficial, but
you get the idea:
10 Cars That Sank Detroit
Lou
JRawa@xxxxxxx wrote:
stop importing and buy american....good idea.... but then we'd
be a pro-american country and economy... and thats not politically
correct in the modern world...
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