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  3. June 2006

Re: [CPF0000] The globalization of COMMON, or is this the right direction?


On 09/06/2006, at 9:46 AM, Pete Hall wrote:
I've just gotta get my ultra flaming liberal, Viet era USMC 2cents worth 
in, and I'll go away. It seems to me that we in the US have been living
pretty unreasonably well since WWII. It's not a natural state, and it's
coming to an end. We don't have to like it, but we do need to accept it. 
It's not unfair for people in India, Pakistan, China or Mexico to want
their share. They're just looking out for themselves, same as us. Our
standard of living, and indeed the world dominance of the US is in
decline. It happened to the Greeks, Romans, Hapsburgs, Britts, and it's
happening to U.S.
At last! Someone who knows how to use his brain. The first truly sensible statements in this sorry debate.
To the rest of you: These things are cyclic. It's just your turn. Get used to it. 250 years of mostly expansion can't continue forever. This is the same basic fallacy that lets MBAs believe that year on year profit growth and year on year cost reduction is possible. You just happen to be the ones unfortunate enough to have to weather the experience.
Further, as the Indian economy grows due to foreign income sources, their standard of living increases and so do the associated costs and things moves to the new "cheapest" source, say China, or Romania, or wherever.
Eventually I suppose the U.S. will be the new cheapest source of labour and you'll get your turn to grow again. 

Regards,
Simon Coulter.
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