How is it that once incomes reach a certain level through bargaining, luck or supply/demand, folks expect that there is no downturn or adjustment coming.... and that if another state or person can provide the same function for a lower delivered price, they are jumping on the China model? Good grief...... that's the foundation of capitalism. Unfortunately, we've come very close to socialism.
Frank
I don't disagree with your first sentence in this paragraph, but...
When I used the term china model, I was referring to the LACK of capitalism, not the use of it. China is a nation, where the government dictates which corporations survive and which do not, where the government hands out billions of dollars to firms and where the government builds factories and then entices other corporations from other countries to leave their homeland and move there.
This is exactly what SC did. This is not capitalism, it is corporate socialism. It is the new form of communism in which China has developed and that many countries (and states) have embraced and what is quickly replacing capitalism as the new basis for the future global economy.
True capitalism is where corporations rise and fall and profit and fail entirely of their own regard. Not where some are propped up and allowed to flourish and others are allowed to fail by dictate of the government, through either decree or financial benefit.
As I said before, if Boeing simply left the PNW and moved to SC and paid for it all themselves with no government involvement, even if it was just the cheaper labor and anti-union laws, I could not fault them. Nor could I fault SC for having laws, whether I agree with them or not, that apply to all businesses within the state, equally.
