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The American Dream
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<blockquote data-quote="Bright Raven" data-source="post: 1607382" data-attributes="member: 27490"><p>It is fundamental economics. This article communicates the concept better than any other I have read. The author uses the scenario of the "lemonade stand" very cleverly. Worth reading and at least thinking about.</p><p></p><p>For over 50 years economist have suggested that until the rest of the world reaches our standard of living, they will be difficult if not impossible to complete with on an industrial basis. Simply stated, they can produce products at a much lower cost.</p></blockquote><p></p>
[QUOTE="Bright Raven, post: 1607382, member: 27490"] It is fundamental economics. This article communicates the concept better than any other I have read. The author uses the scenario of the "lemonade stand" very cleverly. Worth reading and at least thinking about. For over 50 years economist have suggested that until the rest of the world reaches our standard of living, they will be difficult if not impossible to complete with on an industrial basis. Simply stated, they can produce products at a much lower cost. [/QUOTE]
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