Posted on 04/25/2011 7:29:20 AM PDT by SeekAndFind
American companies should be patriotic enough to put America before money. Soldiers put their lives before money.
That is the line they love to use.. Ohh we do not have enough engineers.. when we have American engineers on unemployment and managing Radio shack.. the truth is there is a shortage of engineers that will work for minimum wages ..China has the ability to steal or "innovation" because almost every thing is now made there. .
Hey but life is good for Don and Charlie.. wait til they are told they have to live on minimum wages..
NO. The Fed policy that shrunk the money supply 30% during the four years following the stock market crash was the main cause of the GD. Smoot-Hawley was a miniscule factor compared to Fed policy and FDRs policies.
The great depression and its offspring, the New Deal, could both have been avoided if the Federal Reserve had performed the task assigned to it. All the Federal Reserve had to do to avoid the Depression and the subversion of the American constitutional order was to purchase $1 billion in government securities during the 10-month period from December 1929 to October 1930. The result would have been an increase, instead of decrease, in high-powered money, and the banking crisis that began in the autumn of 1930 would not have occurred.
The Fed's "Depression" and the Birth of the New Deal
Based upon the work of he sainted Milton Friedman. A great article for anyone who wants to understand the GD.
Which is better for America? A subsidized, overpaying job for one American, or less expensive goods for many Americans?
C'mon get real. Without a paycheck people won't be able to buy and will rely on government. Working is better for America. BTW There are 15,000,000 jobs needed, not one.
Yes they do. Gotta send all those folks back to school!
Of course they'll each need a hundred thou or so in (non-discharged) school loans that they'll never be able to pay back even if they graduate. By then their old min wage job wont be available because Juan the Illegal has it.
Still it wont be a total loss, while our little dreamer is back in school at least he wont be adding to the unemployment numbers!
What's better for America is *freedom*.
Jackwagon, what do you think the ChiComs bought 1.5 trillion dollars worth of t-bills with? Rice?
Most free trade "captains of industry" think patriotism is an outdated, quaint idea. Jingoistic freak /sarc
Most free trade "captains of industry" think patriotism is an outdated, quaint idea. Jingoistic freak /sarc
Corporations have no allegiance, Capital knows no borders. How many “foreign” corporations outsource jobs from their home countries to the US?
“I’m all for “Free Trade”, but that sure as hell ain’t what we’ve got today”
You got that right. Free Trade is not exporting your entire manufacturing base to third world countries. Free Trade is not punishing the corporations who stay in the US and try to hire American workers. NAFTA is that giant sucking sound you have been hearing as all the jobs go to China, India, Mexico etc.
Across state lines.
China can pound sand.
Across state lines.
China can pound sand.
First one to use name-calling is losing the argument :)
Anyway, as I've tried to say here, those taxes aren't on China - they're on *us* when we buy their goods. You're advocating higher taxes on *us*.
Like I told another poster, the first one to use name-calling is obviously losing the argument. Anyway, no, they buy t-bills with dollars. In other words, they buy paper with paper. And they got that paper from us, in exchange for goods we freely purchased. So we got useful *stuff* and they got a bunch of paper.
You have no idea what you are talking about.
You need to get your head out of free traitor theory and look at the reality.
Tell me, since you know so much about economics, when is a foreign good taxed in the supply chain?
I will tell you something, the tariff comes about before any good goes to wholesale or retail markup.
So if you get a pair of shoes from China that were sold to an American wholesaler at $4 and those shoes are taxed at 25% at the border for tariff, then the tax is $1 on the manufacturer in China, and the wholesaler and retailer can still mark it up to $25, $50, $75 or whatever.
The wholesaler and retailer are still making massive profits with a tariff in place.
Learn something about the supply chain before spouting your gibberish.
By the way, I always laugh at you free traitors who would prefer to tax American capital before taxing foreign capital.
Then they should not be permitted to spend money to elect candidates or influence legislation in this country or sell our military secrets to make a profit.
It's taxed at the same point as domestic goods - sales tax at the retail level. The federal government taxes neither, in most cases.
I will tell you something, the tariff comes about before any good goes to wholesale or retail markup.
Yep, and that cost is paid, ultimately, by customers who buy those goods.
So if you get a pair of shoes from China that were sold to an American wholesaler at $4 and those shoes are taxed at 25% at the border for tariff, then the tax is $1 on the manufacturer in China, and the wholesaler and retailer can still mark it up to $25, $50, $75 or whatever.
Right. It's called the free market. They can charge whatever the market will bear, and if they charge too much, a competitor will undercut them. That's a *good* thing.
The wholesaler and retailer are still making massive profits with a tariff in place.
That's a lefty argument. "The rich can afford to pay a little more in taxes." Same basic argument, but that money doesn't come from thin air; it's paid by *people*.
Learn something about the supply chain before spouting your gibberish.
By the way, I always laugh at you free traitors who would prefer to tax American capital before taxing foreign capital.
Wow...this is the third time on this thread I've had to remind someone that the first person to resort to name-calling in an argument is losing that argument. Anyway when did I say I wanted to tax American capital?
Don't want to pay taxes on china junk? Don't buy china junk.
Entirely voluntary system.
Whatever, junior.
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