Read It Here First

http://www.futureofcapitalism.com/2012/07/read-it-here-first-76

"The lower cost of the Chinese-made uniforms means that Ralph Lauren has more money to spend advertising on American-made television programs, or that the Olympic Committee has more money to spend on fancy training centers for athletes." — "Beach Volleyball Player Smarter Than Senators," FutureOfCapitalism.com post, July 13

"Olympic uniforms are an easy patriotic riff, but no doubt they were contracted to be made in China to save money. Where would you rather have the U.S. Olympic Committee spend its marginal dollars—on training for the athletes to win more medals, or on high-priced berets?" — Wall Street Journal editorial, July 16.

by Editor  |  Jul 16, 2012 at 8:35 am Related Topics:  China receive the latest by email: subscribe to the free futureofcapitalism.com mailing list