[Spam] [Vision2020] World Economics

[lfalen]

I am not an economist and would have to do so some research to come up with a good analysis.  Off the cuff, I doubt the statement in the paragraph. On the second point. Isolationism would be an unmitigated disaster. Two hundred years ago, that was somewhat workable, but not today. We have to compete in a global market.

Roger
-----Original message-----
From: "James Reynolds" chapandmaize at hotmail.com
Date: Tue, 31 Jan 2006 12:26:49 -0800
To: vision2020 at moscow.com
Subject: [Spam] [Vision2020] World Economics

> Economic Gurus:
> 
> Is it true that the current trend of opening up the USA to the principle of 
> a world market (WTO etc) is what is driving the unsettling of our economy? I 
> was listening to a pontificating friend about how the USA cannot maintain 
> the current standard of living unless the rest of the world is brought up to 
> the same standards and that is not going to happen because of the scarcity 
> of resources.
> 
> Are we going to have to lower our standard of living to enter into the world 
> economy our government is taking us into? Could we maintain our standards if 
> we did not go along with the world economy model but instead relied on 
> ourselves for everything again? Do we have the resources to go it alone 
> under any model and still maintain the life we are accustomed to?
> 
> James Reynolds
> 
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