Duncan Hunter - What would he say if he was still campaigning? PDF Print E-mail
Written by Stumo   
Sunday, 02 March 2008

Duncan Hunter has a good op-ed describing what he would be saying if he was still in the race.

DURING this campaign season, one issue has often been left out of the national discussion: the deterioration of our industrial base. More than three million manufacturing jobs have been lost over the last eight years alone and, for the first time since 1950, fewer than 14 million Americans are employed by domestic manufacturers. ...

Free trade agreements should promote collective economic interests, but the policies of recent administrations have only made it more difficult for our workers to compete in the global market. China enjoys a $256 billion annual trade surplus with the United States, and thanks to subsidies and currency manipulation, Chinese products cost less here than our manufacturers have to pay just to procure raw materials. 

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Colorado CPA member Milt Heft has these thoughts on money, wealth and the economy.  Heft is the owner of Petrogen, Inc in Colorado Springs.

A few thoughts about manufacturing:

There is a great misunderstanding of the relationship- between money and wealth.  The beginning principles with which we can all agree are a few and simple noble truths:
 
1. Money is meaningless without wealth.
2. Wealth is difficult to distribute without money.
3. Wealth is the reality of the physical things we need to survive and thrive:  food, clothing, shelter, ice cream & computers.  It is the product of mining, industrial production, and agriculture.
4. Money is anything that make the wheels of production and distribution go ‘round.
5. Money is easy to manufacture and control.
6. Wealth takes a lot of blood, sweat, toil and tears.

 


 

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