CAN WE SAVE AMERICA
By Arkadiy Fridman
Citizens Magazine, President "Most economic fallacies derive from the tendency to assume that there is a fixed pie, which one party can gain only at the expense of another." Milton Friedman "We have a system that increasingly taxes work and subsidizes non-work." Milton Friedman "The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way." Milton Friedman The economic prosperity of a country and its citizens’ standard of living are very dependent on industrial and high tech power. America, Germany, Japan and South Korea all have basically sound economies and a high standard of living because they have advanced industries with companies that include Boeing, IBM, Apple, Ford, General Motors, Chrysler, Mercedes Benz, BMW, Krupp's, Sony, Toyota, Toshiba, Honda, Samsung, LG, and many more. These nations have excellent banking and insurance systems as well as stable political systems. They all compete with one another, but face serious competition from China, India and Brazil which have populations that provide cheap labor. Given these realities, what must America do to remain the greatest country in the world? Read Full Story 
|
ADVERTISE HERE
|