Quote:
Originally Posted by raymr
China is succeeding due to dirt-cheap labor and lots of it. Don't confuse technology with manufacturing capacity.
Don't doubt the ability of the US to compete world-wide. We are in a much better position than most of Europe to compete. Just to start with, we have more natural resources, a better work ethic, and a lower cost tax structure.
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That is why I said to forget about manufacturing. We cannot fight that fight. Go into high tech manufacturing where they are not fully able to compete YET.
We don't have a better work ethic