Quote:
Originally Posted by Oregon Elephant
It's different for different products. The reason for not making that manhole cover is becuase, that would take manpower to do it (I don't know how many men, but for the sake of argument, let's say 3). It is more effeicent for those 3 men to buy a manhole cover from Mexico and to spend their time doing something else, than for them to make it themselves.
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Ttrue, and that's basic econ theory, yes. But, it makes me wonder where the wheel stops, at what point do we/should we/will we simply not bother to make anything here anymore, and become a purely service economy?
And, is that what we want? I have no idea.