| Moderated By: Arthur Tang -- (Not Moderated) -- Started: 1/14/1997 11:53:00 AM Revision History |
Japan, Inc. is dead. All export oriented country has one weakness that they know they can not overcome. That is, they have only one large customer. US economy slow down, they have to give us jobs. Their own economy slow down on exports; if we do not have jobs.
US economy is now emphasizing demand side economy, obsolecense and replacements. New design software lead the way for better products, faster product cycles, and better quality controls. This all mean better efficiency in our businesses. We now corner the markets in Aerospace, Automobile, housing and computers. Then, we also find out we have trade surplus in services, such as travel, entertainment, eduacation, and distribution of goods in a big way.
We are moving from flipping hambergers, to building distribution outlets, to manufacturing consumer products to fill the shelves and manufacturing all the high ticket price items such as airplanes, autos , houses, and computers domestically. With the help of more automated assembly line and more automated production equipment, we are creating better jobs with better pay.
Labor cost is balanced by productivity; labor shortages are replaced by healthy old citizens and automated production equipment. Good food and plenty of it, creates good health.
Tax payers have been increasing from 107 million to 135 million and still going up. Government deficit outlook is a thing of the past.
Wall street is anticipating more earnings when analysts will start questioning the companies they own for more efficincy and better quality control. Stock prices still have some ways to go up yet, by running companies better. US market, keep it to ourselves!
America, Inc.; this is our destiny. When we are rich enough; expand into the rest of the world. Walmart is already aggressively investing their future around the world. But, holding back to steady ourselves is important too. Steady as she goes! Build America now!