12-22-2008, 01:39 AM
kj wrote:
I like Swampy's idea since it's always bothered me it's cheaper to buy new things than fix the old. I feel like repair work is more fulfilling than sales anyway. kj.
I am not sure this is something that should bother you, at least for the following reasons. One of the signatures of 3rd world economies is that it is always far cheaper to repair things than to replace them. The reason is that human labor is cheap and production not nearly enough. This breeds poverty. Here, it is the opposite. Labor is not cheap and we have an abundance of production. I am not sure what the right balance is but the market place should find us an equilibrium.