Wednesday, December 12, 2007
Chapter X Competing
I really like the recommendations that the author makes to compete in this awkward globalization landscape. "The barn door is open and the horses are already scattered all over creation." Nonetheless, although perhaps nearly utopian, a pro-American business government focus would enable us to re-integrate our manufacturing abilities. Create tax incentives. Start with government subsidy through a national healthcare program. This would lower labor costs. Tell the union to quit creating an environment that encourages offshoring our industries. Reign in insurance via tort reform. Establish multi-lateral trade agreements. All valuable ideas that may help stave off the hollowing effect. Focusing whole heartily on new energy programs, especially ramping up development of nuclear energy (France's energy independence is remarkable) would make huge contributions to the America that our children will inherit.
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2 comments:
We cannot compete.
All we can do is sell our gas guzzlers, buy a smaller house and live like human beings again.
Can you imagine just how bad the world would look if all of it inhabitants lived like the US?
The pollution, the deforestation, the food shortages. We would end up living in domes within 30 years.
US prosperity could never have been sustained and thus I don't and won't mourn its passing. However, what I do object to is that thousands of people are becoming billionaires selling the jobs and lively hoods of my fellow Americans. All that the price of cheaper goods, tainted toys and thosands of chinese fingers daily.
I thought it funny that I relayed the authors remarks to some of my fellow MBAs. When I told that that the middle classes will have to settle for less in upcoming years, he remarked, "if it hasn't happened now it won't ever happen."
Not surprising not surprising at all.
All and all I liked this chapter, but he does upset me in one passage
The passages where he remarks that American engineers should develope process that increase our productivity above that which other countries can do. This when he just told us that other countries have more engineers and better infrastructures to support business.
I thought it hypocritical and well disengenuos.
Hey guys,I'm the author of "The Hollowing of America" now quietly selling at Amazon.com. And I do mean quietly. Do Americans really care abut this issue? I'm not convinced they do. By the way, my
primary prediction was the dollar would crapout. As you all know,its on it way.
Regards,
James A. Cunningham
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