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CSPAN2 Capital News Today February 9, 2013

Currency wars . At some point we ask for, have a weak dollar, which active in the next country can buy the same machines and shop in barcelona, see the local market. Are we looking at that end of the equation in terms of the offtake as they say in biofuels . Well, theres a famous economist in the 1800s called Jean Baptiste say that man creates its own demand and that is certainly true, particularly in this case. As companies become more perfect is come at cheaper the kind cheaper. So we dont have the worry about somehow people will want things. We have about 45,000 in this country and i guarantee you the vast majority people would rather have a Median Income of 200,000 for 400,000 or a million and thats just us. In terms of currency, currency is a problem. Fundamentally we cannot become our project even innovative is a country, were not going to get access to these markets. Why ....

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CSPAN2 Today In Washington February 9, 2013

America . And second, what do you mean by needs . Do you mean American Labor or American Capital . And when you say needs, what makes manufacturing so special . When we look at the crowd, most people here dont make things. They spend all day reading and writing and talking people. Whats wrong with the Service Economy . Why do we need a renaissance to be better . Im a great fan of the Service Economy. I think theres an enormous amount of value created there. When we talk about america, we think about the royal we. And i would also add the longterm health of the country as a place to do innovation. Okay . And the principal thesis in the book that comes out of our research is that unlike the reputation that a lot of people associate with manufacturing, we actually ....

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