Articles by Harry E. Figgie Jr.
Reports of the Demise of U.S. Manufacturing Premature
A widely held notion has developed that U.S. manufacturing is dead, that U.S. companies can no longer compete in a global “flat” world. With apologies to Mark Twain, we’re here to tell you that reports of our demise are way premature. Our small (under $50 million) manufacturing company, like thousands of others in the United States, is consistently profitable and competes just fine with our international competition. How do we and others do it? By being better, leaner, faster, and yes, sometimes even less expensive than our foreign competition.
Hyperinflation
When we come out of this recession we will be left with massive deficits that will likely lead to a return to high inflation.
U.S. Deficit
For a half century, Harry Figgie has been warning of the dangers of deficit spending by the U.S. government. His plea has been simple and consistent: the federal government needs to stop living beyond its means or there will be a day of reckoning.
Bankruptcy 2015?
Bankruptcy 1995 - Time for a Sequel?
DANGERS OF THE U.S. FEDERAL DEFICIT: “If You Don’t Have It, Don’t Spend It”
If the U.S. government were a corporation, creditors and shareholders would refuse to support an organization which for fifty years had set records for outspending its receipts. A company like that would be broken up; its assets sold off to try to satisfy its debts.