Skip to comments.Obama And Romney Are Wrong: Outsourcing Is Actually America At Its Best
Posted on 07/28/2012 4:02:37 PM PDT by SeekAndFind
Mitt Romney and Barack Obama are currently fighting over who is the more patriotic. Obama slams Romney for having outsourced jobs to China during his Bain Capital days. Romney punches back by labeling Obama Outsourcer in Chief. The latest is that both John Boehner and Harry Reid are voicing outrage over Americas made-in-China Olympic uniforms. Burn them! thunders Reid.
Republicans and Democrats strangely agree that outsourcing is unpatriotic, and that the moral and patriotic thing to do is to Hire American and Buy American.
Well, no. Not in a thousand years. The fear of outsourcing and international trade is economic nonsense and moral blindness. More than that: this anti-profit attitude is un-American.
Despite the ongoing Europeanization of America, America still symbolizes the land of freedom, entrepreneurship, profit-making, above all, individualism.
But collectivism is the premise of Hire/Buy American: we are to view ourselves and others not as individuals, but as units of a nation. Businesses are urged to pay more in labor costs, simply to hire workers who are American; consumers are urged to forgo Walmarts low prices, pay more, simply because the pricier goods were made by our guys. This is not rational patriotism, it is not Americanism, it's primitive tribalism.
American individualism means making buying decisions on the basis of economic merit, giving no regard to the nationality or race of the seller. Lets not hide behind patriotic-sounding slogans. Lets name things straight for a change: giving preference to American sellers over foreign sellers is the same mindless injustice as giving preference to sellers who are white over those who are black.
Economic nationalism is as morally outrageous as racism. Buying on the basis of nationality or race is the same collectivist evil: judging men and their products by the group from which they come, not by merit.
(Excerpt) Read more at forbes.com ...
At this point, it is merely a question of when.
China (already) exports more than we do. Has for two years.
Manufacturing is different, it is part of our national defense. It may be too late as it is. Once the leftists downsize the military, like they want too, and the manufacturing base is gone, there will be no more “arsenal of democracy”. Manufacturing has to be preserved in the USA. Only a traitor would think otherwise. The Free traitor is the fifth column. Funny how both the Free Traitor and the “greenie leftists” both hate domestic smoke stack industries, both for green reasons, money and “the environment”. LOL.
Says the guy who thinks the U.S. corporate income tax rate is “somewhat high.”
I don't know any free traders who hate domestic smoke stack industries. I think we should cut corporate tax rates to 20% or lower. And that we should reduce ridiculous EPA regulations.
And if we really need a particular industry for defense, cut their tax rate to 0%. Doesn't sound like hate to me.
The U.S. living standards have fallen during those 30 years yet debt has exploded at all levels, 116 trillion $ in unfunded liabilities, 16 trillion $ federal debt, U.S. cities declaring bankruptcy, many U.S. cities becoming hell holes, personal bankruptcy skyrocketing . How many consumer electronics ( like smart phones, PCS ) made in U.S.A. ? Zero made in U.S.A. most made in China. This U.S. debt is unimaginably high. Anyone who thinks the U.S. wont collapse under this debt is insane and not living in reality. When we actually produced something we paid down the ww2 debt now exploding debt will kill U.S..
China rose at our expense. Surely you free traitors can't say that the U.S. economy is better or bigger than China's. U.S.A is headed for collapse and at best will be a colony of China soon thanks to you free traitors.
These 12 Hellholes Are Examples Of What The Rest Of America Will Look Like Soon
Do you want to see where this country is headed? If so, don't focus on the few areas that are still very prosperous. New York City has Wall Street, Washington D.C. has the federal government and Silicon Valley has Google and Facebook. Those are the exceptions. The reality is that most of the country has been experiencing a slow decline for a very long time and once thriving cities such as Gary, Indiana and Flint, Michigan have become absolute hellholes. They are examples of what the rest of America will look like soon. 60 years ago, most Americans were decent, hard working people and there were always good jobs available for anyone that was willing to roll up his or her sleeves and put in an honest day of work. But now all of that has changed. Over the past decade, tens of thousands of manufacturing facilities have shut down and millions of jobs have left the country. Cities such as Cleveland, Baltimore and Detroit were once shining examples of everything that was right about America, but now they stand out like festering sores.
U.S. Manufacturing Growth 2nd-Worst Post RecessionHey, I have an idea: let's raise taxes!
Car dealers fear Obama fuel standards will make new vehicles unaffordable
If only we could put a 100% tariff on imported oil, all our problems would be solved.
You want to allow U.S. companies and Americans to import an unlimited number of immigrant workers also to provide their cheap services they offer? how would you like 2 billion immigrants to come to the U.s.A if we remove all immigration restrictions as you want to remove all trade restrictions ( allowing China to dump unlimited number of products they stole the tech from us to produce).
Yes then maybe we’d produce our own U.S. energy as we the U.S. ,unlike china, we the U.S. have unlimited energy sources including oil, oil shale, coal,natural gas, nuclear etc.
Yes, the best way to produce our own energy is to crush our economy! /idiocy off
We have unlimited energy sources in the U.S. . It’s better to develop these energy source to create jobs and industry Here in the U.S.A. That’s better than importing anything. We have unlimited oil,oil shale , natural gas ,coal etc. And you free traitors call drilling for our own oil etc. you call this idiocy . look in the mirror.
If the stated policy aim is to save jobs and increase domestic manufacturing, then cut taxes across the board. Don't expect some government bureaucrat to choose which of your taxes he needs to raise, and which industry he wants to favor over another. Which is all tariffs do . . . even protectionists admit to as much.
I disagree w this 1000000%.
Fixed with your true intent.
We know that it will take more money out of your wallet and give it him . . . .
It causes inflation(pain) and unmasks the true costs of a stupid policy. Off shoring eliminates the inflation(pain) and is heroin to the economy. Tariffs restores the pain.
And how does a higher rate of inflation increase domestic employment and production? Run it by me again.
Sure it's simple, the high cost of energy, in this example, will cause the sheeple to actually react and apply political pressure on the professional political class. Then the stupid policy can be overturned and everything hopefully back to normal in the DOMESTIC energy sector. See wasn't that hard was it?
When politics gets involved in domestic commerce, the solution has to be political also. Running into the arms of Communists is not a solution.
Apart from some periodic caterwauling about the Strategic Petroleum Reserve on the part of the professional political class, there is nothing in the record that indicates your theory works.
And by that, I mean the greenies and the nimbys will continue along their path (and even welcome the higher prices), and the “drill here, drill now” folks would drill anyway in the absence of the higher prices.
Oh yeah on more thing, and free trade has sure pressured pols into lowering corp tax rates. /sarcasm
And, our corporate income tax rate has fallen. Incidentally, during a period coinciding with free(r) trade. I'm not saying the two are directly correlated, but you don't appear to know what our corporate income tax rate is now, and what it used to be.
The only people who believe that free trade will lead to a social revolution, as did Marx, are protectionists. And even not all protectionists are that stupid.
Agreed on all your points.
Free Trade is an article of faith to some on this site.
I don’t know how anyone can think allowing our country to be destroyed is a conservative principle.
America first in all things. Free trade among the states (the states of this republic). Favored trading relations with our best allies. This list can change with time but pretty much includes the major English-speaking countries, UK, Canada, Australia, and New Zealand (when they behave themselves). You could probably include Japan and a few other countries in the favored trading block. These allies have proven themselves over time. They deserve greater access to our markets. Bilateral trading relations (quid pro quo) with most other countries in the world. Moderate tariffs and bilateral agreements should be applied with this group. Finally, very limited trading and heavy tariffs with any other country not making the first two lists. My beliefs are the traditional view of trade which made this country strong. Sorry, it’s not a conservative principle to give favored trading status to countries who are hostile to our national security.
No Harry putting money before country is unpatriotic. This is patriotic.
Corrupt politicians of both parties have ceded authority to the World Trade Organization. We may not technically have free trade with China or other countries hostile to our national interests, but since we are now subject to the dictates of the WTO, that is the practical effect.
As for this list provided, some of these countries deserve a favored trading status with the US, but none should have unfettered access...nobody deserves that.
Business is business and has nothing to do with patriotism.
Your assumption to the contrary is incorrect.
Profit is the source of everything American.
Wow, there it is in all its ugliness, a philosophy of sellout for a buck. Tariffs now before these gloBULList reduce us to a banana republic.
Gets my vote Rurgan. About all it will get you around here is a headache though.
These people who disagreed with Churchill, are they posting here on the forum right now? Just another way of illustrating your strawman—don’t take it personally.
What you said....
Many have unwittingly embraced this very self-destructive philosophy.
What proof do you need? We used to have tariffs, sound money, and an America first trade policy. We used to make everything. Our economy was the envy of the world. Now, we are considered suckers by countries hungry for our markets using the same tactics we used in the past. We truly are nation which has forgotten our history.
I’m for free trade. What these folks are pushing is not free trade. There is a very high cost to what these folks are advocating. They are destroying our nation in this process.
We need workers. We need their tax income stream. Local communities need their commerce. Yes, why are our cities in such ruin? Gee, I wonder... /s
We have taken trillions of dollars out of our economy. We were running a trade deficit with China at about 800 billion a year before this downturn.
That amount spent here, would result in upwards of $4 trillion dollars in commerce, when the multiplier effect was taken into consideration.
I earn a dollar. I spend that dollar. The person I give that dollar to, spends it again. And the person he spends it with, spends it again. On it goes...
Taking trillions out of our economy year after year, and putting it in China’s pocket, has accomplished what? It has made China prosper, and our nation die off.
We have towns you and I have heard of all our lives, that are now being erased from the map. Homes are empty. The rest are in disrepair.
What we have is a modern day Potter’s town, only now it’s turning into Potter’s nation.
If we don’t get someone in the Oval Office who can turn this around, we’re done as a world power. More than that, we’re done as a culture, a people, an ideology.
China will become the new hegemon. Just wonderful!
Thanks Virgil I appreciate it.
One more thing, if you call people who disagree with you on policy traitors, and “not infrequently,” then quit your bitching that you are being insulted in turn.
Isolationist protectionist drivel......
The business of America is business.
Marx, Engals, bert -- Free Traders all.
I just spent $1.79 for a 24oz. can of Foster’s (brewed in the USA, I should add). How much more should I have spent in order to ensure full employment?
How do you tell a communist? Someone who reads Marx and Lenin. How do you tell an anti-communist? Someone who understands Marx and Lenin. (Paraphrasing Ronald Reagan).
There may be a tariff on beer imports. However if Fosters-Lager is brewed in the USA what would that have to do with the Free Trade argument? Nobody is suggesting a tariff on domestically brewed beer. Tariffs between US states is unconstitutional. Maybe your sniffing glue, not drinking.
Fosters? Your taste in beer undermines your entire argument. LOL....:-D
I don’t really think that imported/foreign owned breweries are the biggest cause of our insane trade deficits.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.