Belaboring the Obvious

Saturday, November 21, 2009

Yet one more instance of...

... legislators running helter-skelter away from anything that resembles central planning and into the arms of the free-marketeers....

Ultimately, even the large U.S. firms are creating more jobs overseas, since they're assembling from components manufactured in Asia. But, the government's happy if the big multinationals are making money, even if means that every part built in China represents an inadvertent or intentional technology transfer of either process or design.

We're already well behind other parts of the world in green technologies, and given the paltry amount of money we spend on non-military basic and applied research, we've probably already fucked ourselves in this market.

But, yeah, that "free" market is sumthin', ain't it?


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