Our great nation was founded upon the principles of liberty, personal integrity and trust in God which are necessary foundations for capitalism. Capitalism is the economic engine which drives the abundance that we enjoy. Capitalism provides the incentive for men and women to get up, go to work and do a good job without force or coercion. One of the most important aspects of capitalism is free markets and dynamic or intelligent purchasing. We have seen a great example of this in the last year in the price of fuel. The market brought about a swift and large price increase due to world wide demand for fuel. Two things occurred 1) suppliers increased production to take advantage of the higher price paid to them. and 2) the habits of individuals in our country changed in regard to day to day and discretionary travel. This trend was repeated in every country of the world. The resulting change in the supply/demand equation brought the price down as swiftly as it went up. What a wonderful self regulating system.
The world market for CRTs has been diminishing for the last 15 years. That change resulted in the closing of monochrome CRT manufacturers around the world. These closings are the necessary result of progress in technology and markets. No one came to the officers of these companies and demanded they close. The incentive for continuing operation - making a profit became smaller and smaller. Responsible management found more profitable products to produce with the same facilities and resources. Clinton displays hopes to benefit from these closings by continuing the manufacturing of high quality monochrome CRTs for its customers. As long as there is a demand for CRT based monitors, and we can obtain reasonably priced raw materials and keep our manufacturing costs low, there will be reason for us to manufacture.
The recent attack upon capitalism by the left in our country is astounding. History has proved that socialism (government control of the means of production by regulation and taxation) does not produce prosperity and wealth like capitalism.
Dave Coke