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Why The Fed Is Ready To Hike Despite Weak Jobs Report
Investors Busniness Daily ^ | 10/26/2015 | ANDREA RIQUIER

Posted on 10/27/2015 3:57:53 AM PDT by expat_panama

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To: Cringing Negativism Network; 1010RD
"bring back American jobs"

That idea keeps showing on these threads and I keep asking how can that be possible. 

I mean, employing someone is a thing that's done, not something that can be packed in a box and shipped.  Like, are we going to hear next that we need to bring back to the U.S. all the "arm waving" that was sent overseas?  Does anyone really think that if someone in Botswana waves his arm it means that suddenly a guy in Duluth can't?

61 posted on 10/29/2015 5:50:22 AM PDT by expat_panama
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To: 1010RD

You’re wrong.

I have posted my ideas. Several times.

Look them up. I post a lot, so it may take some time, but look them up.

I’m not going to do your homework.

:D

Have a good day.


62 posted on 10/29/2015 5:51:52 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network; expat_panama

If you really have posted your ideas would you link to them?

Or, better yet, just repost them like you do everything else (except your policy proscriptions).

Don’t repost all of them, just list your top 3. OK? Then I’ll eat crow.


63 posted on 10/29/2015 5:56:21 AM PDT by 1010RD (First, Do No Harm)
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To: Cringing Negativism Network

Umm, the best way to “Bring back American jobs” is to de-regulate America’s business environment which favors large corporations and penalizes small businesses. It should have nothing to do with global trade which is based more on monetary policy than government regulation.

Small businesses have been the leading employers for decades. It’s where economic and job growth occur.

Have you ever looked at the state and federal regulations required of new and small businesses? They’re prohibitive. That’s where the American jobs went. They’re not being created because the government-imposed risk is too high.


64 posted on 10/29/2015 5:57:19 AM PDT by Justa
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To: 1010RD

OK fair enough.

Gotta work though. Will respond this evening.


65 posted on 10/29/2015 6:02:36 AM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network; expat_panama

Expat, that’s the last we’ll hear of any solutions or policy proposals from CNN. He cannot even post his top 3 in under a minute before it has to “head to work”. CNN all fake all the time.

If I’m wrong, I’ll gladly eat crow.


66 posted on 10/29/2015 6:05:46 AM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

OK thanks. Now I’m ready to answer your challenge. Here’s my top three ideas for an American industrial resurgence:

1) Our trade policy with countries, should be reciprocal on a country-by-country basis. That is to say, if a country like China is badly taking advantage of America’s trade openness (which they are), we should not be so open toward their products. We should charge tariffs on their exports. The more their trade surplus is with us, the larger the tariffs should be.

Country by country. So if Canada is importing things to America but not taking advantage of us, maybe it should be completely free and open. But if Mexico is running a large trade surplus with us, then we should enact large tariffs on Mexico - the larger the trade imbalance, the larger the tariffs.

That is my number one idea. Deal with countries individually. And be aggressive with tariffs. That would bring back American production, and tariffs themselves would also bring in badly needed revenue. So that is my biggest idea. American needs to be aggressive with tariffs to support a return of our own companies.

2) While we are enacting real reciprocal trade policies and bringing back industry and production to America for the first time in over one entire generation, we badly need to reform our taxes and regulations. Big time. The thing is I do NOT WANT THIS to be something that becomes a factor is stalling the adoption of a much more aggressive American trade policy. I am for doing the two at the same time, but I put the first one first, because it needs to happen. Now.

But our business taxation is far too large. Nearly confiscatory. America needs to make it affordable to make things right here again.

That also means we need to tear down a huge amount of regulations which are just oppressive. America has (FAR) too many laws governing how companies must do everything. It is something which politicians need to be strongly opposed on, and we need to strongly stand up for freedom. Freedom to make things, without the government getting into every operation. Leave businesses alone. Let them do what they want to do. Let them make things again. More freedom, for individual Americans. Freedom.

3) Finally I think America should be far more about Americans. We shouldn’t keep importing cheap workers. We should be far more discerning about who we let come here, and we should in fact build a wall. From coast to coast.

This is not to say we shouldn’t allow immigration. Immigration should be allowed. But it should be LEGAL immigration. This is a policy which several of the candidates are advocating, but the strongest two I know of are Donald Trump, and Ted Cruz.

So those are my big-3.

Use tariffs to bring back American industry.

Aggressively bring down our tax rates (here, for American).

And build a real wall. Coast to coast.

OK back to you.


67 posted on 10/29/2015 5:53:23 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network; expat_panama

1. Is central planning a la the Soviet Union or North Korea. It is also the clearly refuted policy of mercantilism. America is about individual liberty not some idea of managed trade.

Your idea also implies a “good” bureaucracy and politicians who won’t abuse the system for graft or to benefit their cronies. History proves that wrong, as do current events.

Lastly, there is not nor ever can be a “trade deficit” unless you steal from the seller. Let me give you an example:

You buy $10 worth of carrots from the grocer. No trade deficit occurs as long as you paid in a mutually acceptable manner. The trade is complete.

The grocer buys from the wholesaler under the same circumstances. And, of course, the wholesaler buys from the farmer under the same policy. At no point has any deficit been made unless force has been employed. Each is a liberty respecting transaction made of their own free will and choice.

Now what if the farmer is across a state border of the United States. Would you say that Illinois has a trade “deficit” with Indiana? No, that’s absurd. Open market transactions can be and most commonly are all one way where a good or service is traded for money.

What if the buyer is a foreigner from another country buying the fruit in our country for export. Is that creating a trade surplus for us? No, it’s nonsense. The seller accepted payment for the good in full. There is no “surplus”. The exchange is complete.

Now what if the farmer is in Chile and selling avocadoes to Americans over the winter time. Does that create a “deficit”? No, it obviously creates a benefit for the American consumer who willingly buys the avocado, particularly in winter when American grown avocados are not available or are more expensive.

Your fundamental premise is flawed. Trade is always beneficial to the buyer and seller in an open market. Yet, you insert a middleman, government, who creates no value in the transaction. One has no reason to make a farmer in or outside of America owe you more than the value of the mutually agreed upon trade.

What gives you the right to reduce my liberty to trade?

2. This is your only policy with some clear merit, especially since it proves your “reciprocal trade policy” so wrong. Government is socialist by nature. It is only in open markets that liberty may exist and regulation/taxation is adding a middleman who brings no value to the transaction. Small government is the goal of American liberty. Tariffs increase government and are an element of central planning.

That you place a failed system of regulation and taxation equal to the implementation of a government system of managed trade shows you don’t completely grasp the basic economics.

Your tariff system is regulatory in the same way blocking a doctor from crossing state lines to practice. The top medical experts in the nation cannot practice their trade across state borders without government permission. That reduces my liberty as a consumer of medical services. Why would my buying a medical device or receiving medical services across any border make me freer?

America is an idea more than a country. If my border becomes my prison, for my benefit, I am not free.

3. There is a powerful cultural argument to make as regards the type of person we let into our country, just as in our home. The issue of cheap or expensive doesn’t enter into the equation though. Let me give you an example.

A Taiwanese physician invents a device that lowers the cost of medicine and improves outcomes. Importing this device will make healthcare cheaper and lower the wages of medical practitioners. Does importing it to America hurt Americans? If yes, which ones? If no, why?

At the heart of the immigration debate isn’t missing American jobs (those are driven by domestic policy as regards work/productivity/education/welfare), but missing American culture. Is there such thing as an American perspective? I believe there is and it is founded on individual liberty, Christian values and specifically and strictly limited government.


68 posted on 10/29/2015 7:11:56 PM PDT by 1010RD (First, Do No Harm)
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To: 1010RD

What I described is in no way “central planning”.

It is only involving our government, to the extent that there are tariffs, and those are only based on where trade is actually happening between.

The tariffs are based on the country one is trading with. That is it.

You are advocating selling out American businesses. I am saying we need to bring them back.

We are on opposite sides, of this question.

However I believe my position is correct.

You believe yours is.


69 posted on 10/29/2015 9:58:59 PM PDT by Cringing Negativism Network (http://www.census.gov/foreign-trade/balance/c5700.html)
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To: Cringing Negativism Network; expat_panama; SeekAndFind; Kaslin

Let’s see which is more correct.

In your personal experience does government keep things simple or make them complex? Think of the federal code or the tax code as examples.

In your personal experience, either directly or indirectly, are politicians consistently trustworthy or do they tend toward some form of graft or personal gain?

Do human beings have self-interest?

Can you point to tariffs currently implemented that are “fair” in your opinion?

Lastly, what is central planning in your own words?


70 posted on 10/30/2015 4:25:36 AM PDT by 1010RD (First, Do No Harm)
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To: Cringing Negativism Network; 1010RD

My take is that governments are good and we need them to keep order. At the same time your point is paramount that we also need people creating businesses and trading goods on their own to suit their own needs and not having to buy and sell so as to support some union thug who’s too lazy to work for a living.


71 posted on 10/30/2015 4:51:14 AM PDT by expat_panama
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To: expat_panama; Cringing Negativism Network

My experience is that we need the absolute minimum of government to keep order. After that it creates chaos. I am a big believer in spontaneous order and open markets. I’ve seen them work again and again to mitigate everything from fraud to total loss.


72 posted on 10/30/2015 5:17:22 AM PDT by 1010RD (First, Do No Harm)
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