Thread: Economics The Stimulus, Before/After
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Old 06-13-2012, 07:28 PM   #61
Iz Zat Chew Iz Zat Chew is offline
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Quote:
Originally Posted by chiefzilla1501 View Post
I get your intention. But economically, it doesn't make any sense to force more domestic production. The theory of comparative advantage suggests that if some other country can do it a hell of a lot cheaper than you, then your country should shift resources to producing things you can do a hell of a lot better than they can.

Facebook is an imperfect example, because it's not totally clear how they will continue to make money. Apple is a classic example. When Apple does very well in Japan, that means that Japanese people are pumping money into our economy.
It's not the need to force production in the U.S. The problem I see is that should there be a war thatmost of the countries of the world is involved in then we won't have the ability to be self sustaining. I would re-locate to the middle of the country where land is available and prepare to grow my own food. But if you look at the large metropolitan areas on the east and west coasts there will be more hungry people than you could possibly feed. If we aren't getting imports there will be a very drastic shortage of food. The San Joaquin Valley in Califonia has plenty of land and does grow a substantial amount of produce, I don't believe they can feed the country.

I'm not sure I agree with your opinion of Apple and Japan. You might need to push that issue further.

If I were to be correct would Japan still be pumping money into the U.S.?
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