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Old 04-25-2010, 04:22 PM
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d-ray657 d-ray657 is offline
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Join Date: Oct 2009
Location: Johnson County, Kansas
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Thanks for the perspective Dave. It brings up one of the ideas where we nearly have consensus here; many of the problems in our economy can be traced to the time when the focus of management switched from the manufacturing of products to the management of finances. People who knew lots about making short-term profits and selling stock didn't care about a long-term plan for making quality products. Price was the only way to compete - not quality. To compete on price you cut money from R&D and cut wages (except for the money-handlers of course) and use cheaper materials. Short term profits, long-term doom.

Regards,

D-Ray
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