Posted on 11/23/2013 7:25:46 AM PST by IbJensen
Texas processes more energy than California. Oil is a wealth producer, either in North Dakota or Saudi Arabia.
In the 21st century Obama exhausted the Chinese by printing dollars faster than the Chicoms could snap them up. Not sure what this accomplished besides setting the table for our own collapse, but congratulations anyway Mr President.
Yes I read the book too. If you view these as symbolic, then I read the symbolism a little differently. Economy destroyed-double whammy. But the Pentagon was not destroyed, only damaged. And human missile meant for the government did not hit its mark! It was thwarted by common people who gave their lives to fight back. To me, this demonstrates the nature of the destruction to come. Perhaps I misread the symbolism.
As to the timeline of September 2015: There seems to often be a delay on final destruction for, again, symbolic reasons. It is this delay that I ponder. Will there be a delay at all?
FWIW
I said in one thread - which I'm pleased you've read - that businesses behind a tariff-wall face reduced competition.
In that thread I wrote that
"Reduced competition is fine for peewee hockey, women'a football and the Special Olympics. But those are sports: it's not something to base your economy on."
In this thread I've put before you the example of two US states who compete solely on how free they are. No tariffs are involved. They both have huge shale gas deposits.
One has less tax and less regulation, the other has more. So why is Texas eating California's lunch, if tax and regulatory burdens make no difference?
If, instead of being the nation with the highest corporate tax rate, the USA had the rate that was the smallest (or better yet, nil) who would want to make crap in China?
Of course the unions would have to be neutered.
We probably should have gold bars, but not strung around our necks as a gaggle of people punchers would beat the crap out of us or kill us to get the loot.
Up until about 1980, the USA manufactured almost all of our durable goods. For over 200 years we were self sufficient and stronger for it. So now we are gloBULL and we are weaker economically, militarily we could not sustain ourselves in a real war of attrition, and unemployment gets worse and worse as we sink deeper in debt. So Free Traitors can GTH.
You're fighting the last war. The Unions are neutered, they are almost non existent in manufacturing now. Less than 10% of manufacturing is done by union workers.
In R-T-W states less than 5%.
Oh that's your "big reveal". Well - unless you're the proud owner of a Soviet-era car - it looks like I was right about that too.
Post a link to the thread to show context if you think I've been inconsistent.
Tariffs reduce competition inside the tariff wall, leaving customers with a worse deal. Thinking back to the UK in the time of monopoly car-producer British Leyland, tariffs stopped BL from having to compete with those icky foreigners at all.
BL didn't get back on its feet. It stopped trying. The unions knew that the Government had their back.
In summary: when a country has a monopoly producer then tariffs do indeed destroy all competition.
In the meantime I can't help noticing that you continue to evade my question.
Why is Texas doing so well - and California badly - if it's not due to their difference in tax and regulation?
This is the third time of asking. Let readers of the thread see if you'll answer it this time.
Yes! But why is this?
California has the Monterey Shale, which is five times as big as the Bakken. Why then is California processing less energy than Texas?
If in response your mind hovered over words like 'Tax', 'Regulation' and 'despotic arbitrary government' then we're pretty much done here.
Yes Texas has less impediments to industry. Has as nothing to do with off shoring for slave labor. Also you are totally wrong about competition. Let’s say there is a monopoly manufacturer protected by a tariff. Another domestic manufacturer will under cut them and then competition begins. Seems like Free Traitors think the laws of supply and demand don’t work domestically. That is because you are a brainwashed anti American gloBULList.
Good! Excellent!
Between you admitting this - and CNN admitting that tariffs raise costs - I really think this has been a breakout thread.
On the point to do with monopoly producers and domestic competition: the pattern is that if a large-enough business starts to fail then there is a great political temptation to bail out the company.
The big, failing company has the lobbyists and the money to get structural barriers put in the way of would-be competitors.
GM wasn't a monopoly producer (thank God) but you've all seen how Government lavished its union with gifts, and corruptly gave it the company.
Imagine the same situation happening in a parallel universe where GM was three times bigger and Ford (etc) were tiny underdogs. And then imagine that Obama not only kept GM in subsidies but went after Ford like he went after Gibson guitars
That's how a monopoly producer - protected from the rest of the world by tariffs, and from domestic competition by the Government - can ride on the taxpayers in defiance of the law of the market.
Hope this was helpful
Looks like the real world needs me.
Later guys.
I am not going to kill all manufacturing because someday, someone may have some monopoly producing some domestically manufactured item. If that is what Free Traitors use for an excuse and justification, that is just plain retarded.
Talking to yourself?
Free trade is for morons. Go confirm this with the Chinese, Japanese and Koreans. Only moron nations lead by free traitors and taught in university by fat ass complacent tenured economics professors buy into the myth of free trade.
Trade is good
The kind of “free trade” we practice is lethal.
This is why you have the Federal Reserve flooding the markets with fake fiat currency always trying to inflate an unbalanced dead-ass economy. Sure we have some bright spots such as agriculture and energy production but for the most part we Federal Reserve dominated economy and a Federal Gov’t dominated economy because we don’t have the production economy we used to. I bought some electrical items a few days ago. All made in effin China
Free trade is for morons. Go confirm this with the Chinese, Japanese and Koreans. Only moron nations lead by free traitors and taught in university by fat ass complacent tenured economics professors buy into the myth of free trade.
Trade is good
The kind of “free trade” we practice is lethal.
This is why you have the Federal Reserve flooding the markets with fake fiat currency always trying to inflate an unbalanced dead-ass economy. Sure we have some bright spots such as agriculture and energy production but for the most part we Federal Reserve dominated economy and a Federal Gov’t dominated economy because we don’t have the production economy we used to. I bought some electrical items a few days ago. All made in effin China
We are still the worlds leader in manufacturing!!!!! >>>>>>>>> potato chips and French fries. So there!!!!!
Is China still interested in buying California (including all the illegal aliens) to settle our debts with them? I sure hope so!!! They can have Apple and Silicone Valley and Hollyweird! Take it!!
Bring in about six huge FoxConn manufacturing-assembly plants along with the Chinese slave labor!! They’ll love the California weather
You are right.
Right now, America is committing suicide.
Both parties, are on the side of the enemy. It is only a matter of time, until America collapses.
We need to fix America. But we also need to save America.
America needs jobs now. Not after things are ok, now.
China is winning right now. Bigtime.
China currently now leads in exporting worldwide, and it rapidly growing. Just because it is due to American importing does not change the FACT that China has now effectively decimated America’s global manufacturing lead.
America needs to bring back American jobs to America.
Now.
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