Professor Mark J. Perry's Blog for Economics and Finance
Posted 11:29 AM Post Link
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Factories shouldn't be that pretty. Nice showcase, but not sure if they're making any money...
Wonderful video, Professor! Question: Do you think at the end of the day, this factory results in fewer people being employed or more people being employed?
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Hey, Obama Motors will have new factories, too!:VIDEO
WOW, Thanks, Prof. Perry.Folks, do we want an economy driven by more Wal-Marts or higher value-added products produced in ever more innovative factories?I know -- duh, but the we don't seem to emphasize manufacturing.
The car built in that factory (Phaeton) was overpriced and they canceled it's export to the American market.
Impressive?Oh yeah!What was the capital outlay for that little palace? How many cars do these folks have to sell before that plant pays for itself?anon says: "Hey, Obama Motors will have new factories, too!"...Ha! Ha! Ha! Excellent!Got to love that craftsmenship of the man having to shove the grill in with his foot to get the hood to close...:-)
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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