Re:It's the cities, stupid – Jane Jacobs' macroeconomics (2005)
by conjectures on Tuesday January 05, 2016 @08:39AM
(#10843154)
"The "importing" is not because of a true lack, but because it's a way to seek a lower price-point than they could get domestically."
Isn't this what a lack is? There are very few situations in which a needed thing doesn't exist at all.
Re:It's the cities, stupid – Jane Jacobs' macroeconomics (2005)
by Terr_ on Wednesday January 06, 2016 @01:07AM
(#10848916)
I think "we need a X gallons of oil to run the factory" is a demand in the supply-vs-demand sense.
In contrast, "our profit is low because oil is expensive, let's lobby the government to build a new oil pipeline" is somehow different.
Is that really what's happening? If so, why are wages stagnant? The "importing" is not because of a true lack, but because it's a way to seek a lower price-point than they could get domestically. (If not in H1-B land, then at least in agriculture.)
Also, "demand to import" seems a little weird. It's like saying "the demand to recycle aluminum". What's actually demanded is aluminum as a good. Recycling simply happens to be one possible way that it can be supplied.