Posted on 06/16/2015 2:17:57 AM PDT by Cincinatus' Wife
It used to be an article of faith that trade was good for America.
Maybe it is good for America. WHAT is being called free trade here?
Exactly.
Where’s (what’s) “here?”
1. Even a low wage is a wage, and it still costs more than a machine.
2. Low labor costs in Asia are partially offset by transportation costs. So it doesn't necessarily "cost less" to pay an Asian $1/hour vs. an American $20/hour for the same labor.
One of the big influences in the migration of jobs to Asia is that more and more companies are selling to Asian customers. This was illustrated in some of the discussions about the production locations for the iPhone. If you are a manufacturer like Apple and you are selling a product where 350 million customers are located in North America and 3 billion customers are located in Asia, where do you think it makes the most sense to produce it?
Here's another version of that joke, this one from Russia, I think repeated in a Chekov story:
The genie says to the peasant, you have one wish, you can have anything you want, but keep in mind that whatever I give you, I give your neighbor (who the peasant hates bitterly) double.
If I give you a new house, your neighbor gets two new houses. If I give you a new herd of animals, your neighbor gets 2 herds. If I give you a pile a gold, your neighbor gets 2 piles of gold.
The peasant thinks and thinks and finally makes his wish:
Pluck out one of my eyes!
And they (we) don't trust the HOR and US Senate to vote against the globalist elitists in a majority vote. Too many of them are sold-out backstabbers.
When the last factory I worked in started downsizing, administrative staff were the first to go. Floor workers were simply more essential than people who enter numbers into computers. As a foreman, rather than taking paperwork to the office every day, I sat down at my desk and entered the data myself.
It just amazes me that no one in the game will think of offering $500, thus sharing the $1000 equally. That tells us a LOT about human nature. The “game” is to keep as much for yourself as you possibly can. Everyone thinks me-me-me. But this, unfortunately, is the way of the world.
I am wholeheartedly in favor of free trade; I am dead-set against giving a socialist like obozo a free hand to decide what free trade is.
My impression of this latest controversy has been that we may have found out that LIV’s exist on the Conservative side also. The best example of it being the dumb look on the face of the King of Conservative LIV’s, Sean Hannity, when real Conservative Economists tell him he is wrong on this issue. It has seemed to me that the issue has become Bubba Bait to boast ratings for some Conservative talk radio hosts.
Explain (details) to me, just how Obama has a free hand.
The problem is not free trade. The problem is bodies of people ruling like courts on our industry not bound by our Constitution.
Right to the heart of the matter. Nicely done.
"Free trade" is a slogan. It refers to a type of tariff policy that encourages exports through negotiations with other nations.
It doesn't mean "no tariff policy" and it shouldn't mean encouraging IMPORTS to solve economic problems in foreign countries.
Like everything else, it's become a struggle between people who understand words like "foreigner", even "enemy", and people who do not.
I completely agree.
America has been sold out, by a lot of people. China is now the world’s largest exporter / producer. And the trend continues to go toward China, which doesn’t even allow Americans full ownership, and discriminates in matters of immigration.
Trump is announcing (something) at 11:00 this morning. It sounds like he’s going to announce his candidacy for the presidency, and at the moment he is the only person out there, who seems to get this issue.
United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, Canada, Mexico and Japan.
and, china is the world’s largest nation
Jeffrey Lord has an article on Trump out this morning.
http://spectator.org/articles/63094/donald-trump-and-american-dream
fwiw
China is NOT part of the TPP.
If you take time to look at the data the USA has had a no tariff policy in place for decades and decades. THe problem with free trade deals is anyone older than 40 has seen the demise of the USA's economy but we are told there is no down side to these international agreements. Why does every agreement acknowledge that US workers will be displaced and money be aside for retraining. I mean how f-ed up is that?
Trump has extreme animosity toward china. I bet that he went to china expecting to toss around his weight and reputation and they handed him his ass. the deal maker got taken by the shrewd and inscrutable chicaps.
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