Posted on 09/09/2016 1:49:55 PM PDT by MichCapCon
Giving China (who has missiles aimed at us) the identical trade treatment as Japan (who is a faithful ally and has a reasonable balance in trade) is neither free trade nor common sense.
But international free trade is a good thing. “
Yeah I love buying oil from muslimdom.
Well, seeing that neither Japan nor China have a freetrade agreement with us, you have a point.
Trump Correct About TPP and China
http://www.thenewamerican.com/usnews/politics/item/21945-trump-correct-about-tpp-and-china
Is Trump Right About Trade?
http://www.thenewamerican.com/economy/markets/item/23145-is-trump-right-about-trade
Trump Attacks Clinton’s Support for NAFTA and Other Trade Agreements
http://www.thenewamerican.com/usnews/politics/item/23533-trump-attacks-clinton-support-for-nafta-and-other-trade-agreements
Trump Threatens to Leave World Trade Organization
http://www.thenewamerican.com/usnews/politics/item/23777-trump-threatens-to-leave-world-trade-organization
Here are some facts from the report about trade in Michigan:”
Wow! I’m packing up the kids and moving to Detroit!
Oh wait......
It iw good so long as the countries you are trading with even the playing field.
Thank you for referencing that article MichCapCon. Please note that the following critique is directed at the article and not at you.
Note that free trade does not necessarily mean equitable, win / win trade. And Trump has repeatedly indicated that he is tired of incompetent federal lawmakers that make bad deals for the US, deals that screw citizens out of jobs.
He is just against UNFAIR trade.
Like when a country uses slave labor to produce a product at a fraction of the cost to produce it here.
Hell we do that right hre- a state will find a nice successful business and ofer tax advantages to ANOTHER company to "start up" a similat producton facility- the new company gets tax breaks and the politician gets to brag about "creating jobs" but the original company goes out of business because he does not get the same tax breaks...
It's how a government pays back its cronies by letting them take over in a successful market without all that pesky self-risk. Or they use their tax code to do the same thing
Or they STEAL technology, and then start up a company which does not have to recoup those research costs.
Free trade has been a boon to the underdeveloped economies of the world, but not so much to the developed economies. Loss of domestic employment in the developed economies has led to an increase in social spending and dependence upon government. Not everyone is cut out for a retail or service job. There is a tremendous issue with employment prospects for unskilled and even skilled labor. Yet, we keep bringing in more unskilled laborers by the hundreds of thousands every year. It won’t come to a good end, in my opinion.
Also, a major war breaking out in the future is a matter of when, not if, and being dependent upon imports for much of what was formerly manufactured domestically will prove to be a big problem.
It’s an ideological position, “free trade,” rather than an economic one. How so many erstwhile conservatives managed to convince themselves that transnationalism was the way to go, over the interests of their own country, is something of a mystery in hindsight.
When Patrick Buchanan ran for President back in 1996 (I think) He said something which has stuck with me ever since.
He said that foreign nations do not have to abide by our labor laws. They do not have to abide by our pollution laws. They can produce goods and services in a manner that would be illegal to do in this country, (such as the use of prison labor) and as a result of these unfair advantages, they can sell their products more cheaply than domestically produced goods.
This is a good point. You can't say "competition" is good when the foreign competitor starts out with a completely unfair advantage for one reason or another.
If they are not required to operate under the same rules and guidelines as those that exist in America, then it isn't really "free trade", is it?
Sure Free trade is good for everyone BUT we don’t have “free” trade just managed trade. When the original assumptions for perfect competition are violated the conclusions drawn from them are nullified.
For free trade one has to have a small non-interventional government. That bridge was crossed long ago.
Well said.
Free trade is great as long as both sides play to benefit both sides.
Problem is our learders are globals wanting to redistibutes Americas wealth to 3rd world countries
If you're a Millenial, or otherwise limp-wristed, we don't need you (although there are coffeeshops around).
I think the operative word is “free”. Nothing about our trade deals favor America.
Level playing field?
Thanks.
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