Quote Originally Posted by nynco View Post
Now why Keynesian economics or Austrian School (libertarian Hyack people) won't work either. Because of unfettered Free Trade. That blew a hole in all our economics and no matter what we do nothing will get better till be plug that hole. Obama can stimulate the economy all he wants but it won't work. The fundamental basis of the system is broken. Regardless of gov spending or no gov spending if someone buys a product in the market and that product is made over seas that sends economic activity over seas not back into our economy. We put off that day of reckoning by giving people cheap loans. I made it seem too good to be true and it was.

Manufacturing is the basis of all wealth creation. If you build nothing then you are just feeding off the left overs of that previous manufacture wealth creation.
^I agree with this. And this is another example of how .gov does nothing but screw shit up. The stimulus was supposed to help America...so they put in "Buy America" and "Buy American" clauses. Oh, but wait. They also included small print that says most ARRA Stimulus funds can also be spent on product from nations that are part of the FTO. Result, many ARRA funds went overseas.

Your above statement is also slightly contradictory to some of your previous posts. Higher taxes and fees DO drive much manufacturing to other countries...lower taxes is one of few important points companies use to determine where they locate their manufacturing.