this is the core of the problem to me. our labor market is local but capital is global, and there are far too many cheap investment opportunities abroad for rich people to invest at home. that's why tax cuts as incentives are not going to work. people will just take the extra money they make here and move it overseas.
On Sat, Apr 23, 2011 at 7:52 PM, Gruss Gott <[email protected]> wrote: > > That supply-side shit might've worked before we were fully globalized > but now we are. You can't expand a business by "investing" when you > have no customers on the entire planet ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336813 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
