No more Twinkies - Hostess out of business

[Cannon Shell]

Originally Posted by jms62

You say these arent extordinary times but Never in the history of our country were we at a point where improving business didnt directly translate into jobs for the country. And your reasonable theory is again from 1950's text books. The game has completely changed, countries like China and India are not buying our products as they are protecting their economies . We are not and we are getting absolutley crushed. I hope you are right and I am wrong but I am not seeing that at this point.

There are some simple rules in economics. Growth is good, lack of growth is bad. Doesn't matter what year.

If we tax our companies more and hold them to harsher regulations, how could they possibly produce a product that would be competitively priced with similar products made in China or India?

The reason that the Walton family is really rich is because they figured out that our society values pricing over all else. Do you really think that Americans are going to start paying 5x as much for the same products because they are American made?