This thread has been an interesting read.
I laud you for standing by economic principles in your assessing of the merits of the implied protectionism that some here have touted as the fix for our trade “woe”.
As I read the thread, I couldn’t help but think of a parallel with our State Department’s handling of Egypt and the utter incompetence on display. Stating an opinion on how someone ‘thinks’ it (free trade) should be without a firm grasp of the fundamentals of economics is much the same.
This is FreeRepublic.com; There are too many here who bring their A game to the argument (”A” game being facts and figures and definitions, etc)
By the way, the answer to your first question is the difference in shifting the entire demand curve versus movement along the curve. Just throwing that in there so you know I didn’t sleep through my Econ classes at college.
>>I laud you for standing by economic principles in your assessing of the merits of the implied protectionism that some here have touted as the fix for our trade woe.<<
You might want to go back and look, I was waiting for someone who knows something to show up.
>>By the way, the answer to your first question is the difference in shifting the entire demand curve versus movement along the curve. Just throwing that in there so you know I didnt sleep through my Econ classes at college.<<
FINALLY!! That was all I asked, whether the OP (and others) knew that simple and fundamental concept.
You would think I was trying to trick people.
And maybe I was. You clearly went through Econ classes and stayed awake. I am sure you recall that was covered the very first week.
I hope you join me in my impatience for people who never went through Econ basics and then say “well, I took some econ classes” when you and I both know that isn’t possible.
To opine on subjects of which one does not know is the same as liberals (Of course, I am talking about the OP and others).
Thanks for grounding me and reminding me we have people here who DO know their stuff!