Thursday, January 08, 2009

President's antieconomics

President SBY is calling the people of Indonesia to buy more own made goods than imported ones (Kompas, 8/1/2009). Fine. Realizing that there is now way he can force citizens to always do that, he approaches to the supply side. That is, SBY urges domestic producers to be more competitive.

And here is the kicker. "Prices should not be higher than those of competing products from abroad. Should at most be the same. Better yet if less expensive. But the quality should at least be the same. Better yet if higher".

Nothing further.

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