Re: India - see? Now, what can we infer from this? To me, it shows a couple things: 1) a free-market finds its own balance. The Indians were free to realize that they had priced themselves far below the market. Now that their prices are coming more in-line, other considerations must be taken before a company turns to outsourcing. 2) higher wages in India is a good thing for America. It means their people will want the things that Americans have; their companies will want the services American companies provide; and both segments have the capacity to pay for these things.

Re: China - of course, this is not a free-market and steps should be taken by our government to level the playing field.

There is hope though. Recently, the Chinese government CHANGED ITS CONSTITUTION to be more favorable to PRIVATE PROPERTY. I mean, oh my God! If you think that the US has any hold on eminence in the world, you can't imagine what A BILLION free minds could do to change the face of world economics and politics. As she becomes more open to a market economy her citizens will demand more freedom, which will lead to more market reforms, which will lead to more freedom. This is a very exciting time for China.

We must continue to learn how to compete in a world economy while the learning is still relatively painless. If Communist China collapsed tomorrow, we would be in a world of hurt.

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In this country, we don't need reasons to make things legal; we need reasons to make things illegal. - Startup