Amazing that nobody has noted that paying $25/hr for $10/hr labor has
an effect on the companies that are in trouble......regards
advertising, correct Bryan, look at the election results and Japanese
auto profits.
This "in my (not so humble) opinion".
Skip
t 09:08 PM 11/11/2008, Bryan Savage wrote:
>There was a time when you had to make a good product to make money. That
>is one of the basic concepts behind the saying "Let the Market Decide".
>Today, the product that sells best has the biggest advertising budget. They do
>the best job of making people buy their product which is made in China.
>Current economist's are clueless. See "The Economist Has No Clothes"
>in the April 2008 Scientific American:
>http://www.sciam.com/article.cfm?id=the-economist-has-no-clothes
>Wall Street has been listening closely to the economist's and look
>where we are at.
>It's no surprise.
>Read the article and you'll understand.
>
>Bryan
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