Quote:
Originally Posted by jms62
Problem is there is NO free market and never can be when you are dealing with countries such as India and China. The government will ALWAYS intervene to get the upper hand.
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That's their problem, not ours. They sell us consumer goods at prices much lower than we can produce them, to the benefit of our citizens. They then use that money to buy high tech products and services from us, or they invest that money here, creating jobs for Americans.
And those goods made overseas create a lot of jobs here also. How much of the value added in a smart phone comes from the actual manufacturing process off shore, and how much from research and development, and sales and marketing, and retail and customer service provided here?