Posted on 01/23/2017 2:20:49 PM PST by Mariner
Great on your autographed copy of “Free to Choose.” Did ya read it?
Yeah, I spent 15 minutes chatting with Ronald Reagan (true), but I’m not going to use that to bolster my credibility in this discussion.
One of your comments I’ll respond to.
“We grew the fastest under tariffs” -
So you blithely assume that it was Tariffs that helped the growth, without considering other factors. It depends on which source you read, but I’m more inclined to conclude that Tariffs had less to do with real US growth during US growth periods than the industrial revolution, technology changes, and growth in the labor force.
It’s pointless for me to try to convince you as you seem to have your unyielding preference for tariffs and trade wars and you started this pleasant interchange with an unnecessarily condescending ad-hom “you don’t know much about economics.”
If you read your Milton Friedman book, you’ll find answers to most of your economic questions. I challenge you to find a Milton Friedman quote that supports Trump’s trade protectionist stance.
Oh he probably agreed with the idea China would have a choke point down there.
Anything to limit the U.S. in the future you know.
China is holding a virtual nuke over our heads.<<
Does your “virtual” girlfriend do the same to you ?
Let’s try an exercise:
1. If all trade is allowed between countries, but all countries have a 10% excise tax, is that considered “free trade?”
2. If all trade is allowed between countries, but all countries have a 10% VAT, is that “free trade?”
3. If all trade is allowed between countries, but all countries have a 10% income tax, is that “free trade?”
Also, in order, which tax situation is healthiest for the countries?
And yes, I read his book.
Whoops!...Sorry!..Didnt mean to hit so close to home....I was just wondering your definition of “virtual”....
NUKE CHINA
I play Fallout 4, I know that China attacks us in 2077
NUKE CHINA NOW
Did you really just post an article from Conservative Review?
Are you sure you have the right site?
Friedman said you cannot have totally free trade and a welfare state at the same time. They cannot coexist.
Mr. Trump has considered China to be our biggest problem for as long as I remember his opinions being on the news and stuff.
Retaining critical industries is a perfectly good reason for tariff barriers. Despite the free trader’s howls.
Like they say about buying guitars: you can get one built by a mexican here, or you can get one built by a mexican in Tijuana, but with the Tijuana one you get better paint.
If the islands are in international waters and not sovereign, we can bomb it.
China claims the islands AND the surrounding seas.
It’s not that simple. India can’t replace China’s production in a short time. China has a far better educated and far more modern society. And far better infrastructure. India is shockingly poor and backwards. Few Arabs would trade places with the average Indian. The percentage of everything in each country that has been brought up to something resembling Western standards is hugely higher in China.
We can offset trade with trade with China by moving production to a broad range of developing countries. But China is in business for itself now. We have given them the tools to produce without us.
Shields up.
“virtual means the quality of effecting something without actually being that something.”
Although they could send their women as a peace offering.
How many more than 1 do they need?
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