Posted on 12/19/2010 6:38:36 PM PST by 1rudeboy
Ya boy...Ya got to love what global free trade did to the U.S....
The nature of this discord derives from our governing and legal structure.
Our strength lies in our ability to increase productivity and innovate.
Those who are smart and innovative here are doing just fine today. Crying about getting your lunch eaten by Bangladeshi crapeaters is unlikely to gain my sympathy.
This thread has gone remarkably long without a citation to EPI. I thought we were on the verge, but no go.
obama and unions = anti-nafta, Sessions is pro free trade. - CEO Harry Kazazian told Roll Call the tariffs are needed to close a loophole in the Generalized System of Preferences, which allow for duty-free import of certain products from developing nations.
Enacted during President George H.W. Bush’s presidency, the law applies to goods that would not provide direct freecompetition to domestic manufacturers and was designed to help the economic growth of developing nations.
over the past year, Exxel has found its business threatened by the GSP, as companies have begun importing inexpensive sleeping bags from Bangladesh essentially duty-free.
Kazazian said Wednesday that could spell the end for his Haleyville, Ala., company.
“I spend more on health care in one month than they spend all year on labor,” he said, explaining that while he doesn’t want to shut down his facility, he may have to.
“We try not to think about that ... [but] ultimately, I can’t keep a plant open that’s losing money,” Kazazian said.
Exxel previously shut down manufacturing facilities in China in order to keep its Haleyville plant open, but if the GSP earmark is not passed, Kazazian may be forced to move his operations back to China.
http://www.rollcall.com/issues/56_61/-201562-1.html
I've read many things by Thomas Sowell and he does not have all the answers. As Rector shows in his study from last Spring, the US federal and state governments now spend about a trillion per year in support programs for the poor and lower wage earners. We have very high unemployment and you know the state of our budget deficits and accumulated debt and our trade deficits.
You can defend globalist policies till the cows come home and anything else you want to defend and apologize for, but the only hope this nation has of ever getting our fiscal house in order is to move large numbers of working age people off all those trillion dollars of support programs into jobs that pay enough for people to be reasonably self-sufficient. The politicians of both parties are currently just nibbling around the edges of the problem.
And nothing is more absurd than for people to act as if supposed lower consumer product costs make all this one-sided trade worth while. It saves nothing, and in fact costs the nation a great deal. Any supposed savings that come from one-sided traded is paid for in spades in that trillion dollars of support for the poor.
And it is a total fantasy that people are just going to be cut off all these support programs and left to fend totally for themselves. This nation will either have an economy that enables most people to be employed and be reasonably self-sufficient, or it will continue down the current path to some eventual meltdown that no one can really accurately foresee.
The fifty states of the US are mostly a free market with real free trade. The mistake you and Sowell and many others make is pretending that international markets are free markets (or will become free markets), and that free trade might some day exist (it won't). That pretense has been put forth for about fifty years at least, and has resulted in our current state of having our markets wide open to many nations (and their cheap labor) while we got far less market access in return. And the international markets will never be free markets. Other nations have their economic interests and they won't throw them away as the US has done all too often.
It's very simple. The US should produce most of what if consumes. That's the only way we will ever be able to employ most of our people and reduce our ridiculous level of government spending. All nations should produce most of what they consume to the extent their resource base supports it.
And I'm aware of the notion of comparative advantage and all that nonsense. The world has a comparative advantage with the US in every level of skilled and unskilled labor. We can move every job offshore to cheap labor except those that must be physically performed in the US. And that is the road to ruin that we are now on.
The international economic theories don't work and never will because the disparities in the world are too great. Or, maybe some believe they will work. They can reduce the USA and other developed nations to something more like South American nations, with a few wealthy elites and large numbers of poor and unemployed and few in the middle class. We're simply transferring much of the wealth producing capacity of the US to cheap labor nations and only partially replacing it. And those cheap labor nations are creating little that is new, but mostly offering cheap labor and lax regulation to lure the productive capacity of the developed world. - The theories will work in that way.
But more Americans are beginning to realize that they've been lied to for decades, and that what is being moved out of the US is not being replaced, and the standard of living of many is being reduced. That's te coming political issue once the current minor issues are out of the way.
And all the things it didn't do, like place us $14 trillion in debt, right?
Now the free traders blame the government schools for this?
LOL! Ya mean the same government that aided and abetted 30 million illegals to enter?
How well did that work out for the Soviet Union?
I’m not blaming all government schools, just the ones that taught you.
You dodge the question...Why?
Why so angry?
I’m not blaming all government schools,
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Your statements seem inconsistent....
I’m not angry, just waiting for you to give an indication that you understand how government debt is created.
You are unbelievably inane.
How did it work out for the USA up until about 1975?
Probably because you're getting tired of spinning like a top.
I’m not blaming all government schools
Which is it?
1975? Is that when the boom-and-bust cycle was invented? Everything before 1975 was unicorns and Skittles?
So, it was public schools that have caused this collapse of the U.S. economy, brought in 30 million low wage illegals, shipped off 100,000 business to low wage Communist China, caused 14 trillion in debt, destroying the middle class, and our standard of living?
Yes?
Hey, dragnet, in your decade on this website (and on these threads), have you ever been made fun of for being stupid? Anyone ever mention public education or government schools just to tweak you a little? Have you always insisted on Six Sigma insults (a little manufacturing humor, there).
That his modus operandi. He never responds to relevant questions, but tries to dissemble and confuse with inane remarks and questions in response to relevant points.
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