March 28, 2016

Rarely, One Story Has it All.

Got some WHO fans, got some guitar lovers, got some free-traders: we may even have a few Trump opponents 'round these parts. No matter, Chris Edwards at CATO has everyone covered.

Watching Pete Townshend wailing on his Fender Stratocaster last night at the Verizon Center reminded of what I'd read about Fender's history. Part of the Fender story regards how the firm got hammered by Japanese competition in the 1970s, but then bounced back by refocusing on quality. So while I was listening to "Won't Get Fooled Again," I'm embarrassed to say I was pondering Donald Trump's misguided statements favoring protectionism.

Apologies to those who saw this on Facebook. But it is worth a read in full. Twice.

Economics and Markets GOP 2016 Primary Posted by John Kranz at March 28, 2016 6:26 PM

And a nod to what really makes America great (but is too complex for a USA Today story): "Fender was bought out in 1985, and Gibson in 1986, by teams of investors determined to revive the firms’ traditions of quality."

True greatness, innovation, drive and profit-motive; not the idol-obsessed treatment the media prefers *WHINE - where's the next Steve Jobs?!?*

Posted by: nanobrewer at March 29, 2016 1:44 PM

nb wins "comment of the day."

Posted by: jk at March 29, 2016 1:56 PM | What do you think? [2]