National manufacturing strategy is a fail!

posted by
November 29, 2011
Libertarian News Examiner
by Garry Reed  
Posted in Commentary

"Isn't it odd that the nations that once espoused manufacturing strategies and planned economies -- The USSR, Mao Tse-tung's Glorious People's Republic of China, and North Korea today -- failed hideously? Isn't it odd that the planned manufacturing PIIGS of the Euro Zone -- Portugal, Ireland, Italy, Greece and Spain -- are failing, and dragging the rest down with them because, as Maggie Thatcher reportedly put it, 'The problem with socialism is that eventually you run out of other people's money?'" (11/29/11)  

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