That's all I've been hearing in the past few years, and it's exactly the kind of thing that, although counter-intuitive, leads to the loss of jobs in the long-term, and a slower economy.
Let companies compete fair and square among themselves, and it will lead to better products, lower prices, and more jobs. Otherwise, most of those companies will just move to some other country, and then you'll have fewer companies to provide jobs, and their products will gradually lose competitiveness. It's what happened to GM.
That's all I've been hearing in the past few years, and it's exactly the kind of thing that, although counter-intuitive, leads to the loss of jobs in the long-term, and a slower economy.
Let companies compete fair and square among themselves, and it will lead to better products, lower prices, and more jobs. Otherwise, most of those companies will just move to some other country, and then you'll have fewer companies to provide jobs, and their products will gradually lose competitiveness. It's what happened to GM.