uesday, August 24, 2010
RE YEN'S LESSONS FOR YUAN
These authors, who occupied the same types of posts occupied by Prestowitz re Japan, think that we should follow the same wise pattern with China that had been followed by Prestowitz and co. with Japan.
Japan, as they recount, expecting a protectionism which should have been considered necessary, but never came, built plants over here for a time. They still produced the higher value added parts in Japan; and so it has gone, a 'boon' for the American worker according to these wise authors which should be duplicated with their wise consulting skills here again with Chinese plants. Great stuff.
Read all about how well that worked, and where it lead, in Trading Places.
Smart shoppers.
Japan, as they recount, expecting a protectionism which should have been considered necessary, but never came, built plants over here for a time. They still produced the higher value added parts in Japan; and so it has gone, a 'boon' for the American worker according to these wise authors which should be duplicated with their wise consulting skills here again with Chinese plants. Great stuff.
Read all about how well that worked, and where it lead, in Trading Places.
Smart shoppers.
No comments:
Post a Comment