It's time for America to export ... but what?

Everybody has an idea to stimulate the US - but none of these deal with the fundamental problem - for a massive economy increase, you need massive product exports.

All the rest is window dressing. You won't get back any ROI at all on most of what's been touted, be it in finance, education, auto, retraining, etc. Forbes has half a good idea with small business stimulus - but it doesn't guarantee any reasonable ROI.

So let's be hard assed businessmen, leave the Ponzi/con schemes aside, and only consider what will/has before grown back the economy, namely large scale product exports, reversing the service industry direction of the past 30 years.

But globalization has meant that manufacturing has been best done outside of the US, and we've neglected/sold off/destroyed equipment/plants/people/skills/relationships since, so we have little capability to do, let alone compete.

But that can be compensated with the tremendous resources of the US, and a heritage of American mastery of production still retains the basics - it can be brought back. The more difficult part is the policy of what products to make.

You can't compete with China/India/Korea/Malaysia/Russia on cost/volume/brand - that's gone. No way to fill the shelves of Walmart ever. And it is more likely that imports will take more than 91% of domestic auto sales in short order. So what do you produce? Read more...