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The Folly of a Free Trade Pact with Central America
AmericanEconomicAlert.org ^ | Wednesday, April 07, 2004 | Alan Tonelson

Posted on 04/07/2004 10:14:34 AM PDT by Willie Green

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To: XBob
TV's are cheaper however, but what is on them has greatly degraded.

That is interesting --- back when tv's were more expensive you could watch it for free and have some entertaining decent shows to watch. Tv's aren't really free when people have to buy VCRs and DVD's and $50 a month cable to have something interesting to watch.

121 posted on 04/10/2004 8:15:19 AM PDT by FITZ
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To: XBob
People live longer, - my great grand parents all lived into their 90's, my grand parents and parents into their 80's, but I don't think I'm going to make it to my 70's.

I hadn't thought about that --- I had a couple great grandparents who lived on their own into their 90's but no one from the grandparent generation made it into their 90's and we'll see about the parent generation --- I don't think we can say that we're going to live longer than our great-grandparents or even grandparents. The lifespan has probably been maxed out for some time now.

122 posted on 04/10/2004 8:18:21 AM PDT by FITZ
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To: XBob
Sorry, the Japanese already own it. They bought it in the 80's.

Yeah, and they sold it back for 1/2 of what they paid.

I don't think you want to start talking about how Japan is going to take all our jobs after they just came out of 15 years of on and off recession.

123 posted on 04/10/2004 1:41:11 PM PDT by Toddsterpatriot
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To: XBob
People live longer, - my great grand parents all lived into their 90's, my grand parents and parents into their 80's, but I don't think I'm going to make it to my 70's.

With your negative attitude, I'm surprised you've lasted this long.

124 posted on 04/10/2004 1:42:42 PM PDT by Toddsterpatriot
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To: XBob
You mean we would still be paying $5000 for computers today, without building them in China? LOL.

You mean we'd be paying $500? LOL!

125 posted on 04/10/2004 1:43:27 PM PDT by Toddsterpatriot
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To: XBob
Remind me to never sell you anything or loan you any money.

Get it thru your thick head, dollars are IOU's. If the damn foreigners redeem them for our goods, that's good for our economy, right? I think even you can understand that.

If the foreigners keep our IOU's, we'll keep their goods and we win again!! Get it? Duh!!!

126 posted on 04/10/2004 1:46:23 PM PDT by Toddsterpatriot
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To: XBob; american spirit; ninenot
Because Chinamen and Mexicans don't pay US taxes. Duh !!

All those industries and jobs that went overseas - all those used to pay US taxes, now they don't.

Yeah, those government revenues have shrunk so much. Oh, you mean they keep rising? Must be overspending not undertaxing that's the problem then.

127 posted on 04/10/2004 1:48:17 PM PDT by Toddsterpatriot
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To: ninenot
The figures which caught MY attention are two: 1) The WashTimes/Insight reports that the median salary paid to US workers DECLINED from $45,000 to $39,000 from 4Q2001-4Q2002;

Do these numbers include the 8-10 million illegals?

If we ever get them to leave that will raise median incomes, don't you think?

128 posted on 04/10/2004 1:50:07 PM PDT by Toddsterpatriot
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To: Toddsterpatriot
I don't think you want to start talking about how Japan is going to take all our jobs after they just came out of 15 years of on and off recession.

You are correct. I have no fear of Japan.

Their recession/no growth problem has everything to do with demographics and nothing whatever to do with assets owned.

And in 50 years, Japan will not exist as a nation because they are seriously under the necessary reproduction rate, have been for 20 years, and are Xenophobic about furriners gaining citizenship.

But look carefully at Japan's assets. They are (barely) the largest holder of T-Bonds and T-Bills in the world, next is PRChina. They STILL hold more US real estate than any other foreign entity.

But they ARE history.

129 posted on 04/10/2004 2:23:32 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: Toddsterpatriot
If the damn foreigners redeem them for our goods, that's good for our economy, right?

Your thick head is even worse.

They use the dollars to buy US companies and land/buildings. Even AlQuaeda is investing in real estate ventures.

Yeah--it's good that Japan, England, and PRChina own all those US companies and land. Yup.

130 posted on 04/10/2004 2:25:46 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: Toddsterpatriot
Illegals' incomes are not reported.

Do you live in an alternate universe?

Tell me this: if you don't think GWB is doing the right thing about illegals (and I agree he's not...)

WHY THE HELL do you think his head is screwed on straight about the demise of manufacturing in the USA?
131 posted on 04/10/2004 2:28:13 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: ninenot
They use the dollars to buy US companies and land/buildings. Even AlQuaeda is investing in real estate ventures.

Yeah--it's good that Japan, England, and PRChina own all those US companies and land. Yup.

So they're gonna take the land and companies back to China? What about those foreign car companies that own plants in the U.S. is that bad for us too?

132 posted on 04/10/2004 2:33:56 PM PDT by Toddsterpatriot
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To: ninenot
Do these numbers include the 8-10 million illegals?

Illegals' incomes are not reported.

Do you live in an alternate universe?

You'll notice that there is a question mark after my question. Don't know anything about your source or it's methodology.

Tell me this: if you don't think GWB is doing the right thing about illegals (and I agree he's not...) WHY THE HELL do you think his head is screwed on straight about the demise of manufacturing in the USA?

Yeah, manufacturing hasn't been declining in terms of employment in the US for the last 50 years, just the last 3, right?

133 posted on 04/10/2004 2:39:25 PM PDT by Toddsterpatriot
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To: ninenot
Their recession/no growth problem has everything to do with demographics and nothing whatever to do with assets owned.

Their recession has everything to do with bad government policy. If we don't eliminate stupid regulations,cut taxes, cut govt spending and reform the legal system, the same thing will happen to us.

134 posted on 04/10/2004 2:42:50 PM PDT by Toddsterpatriot
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To: Toddsterpatriot
Insight report on income decline was sourced from Bureau of Census. Even MORE certain that the illegals are not included.
135 posted on 04/10/2004 3:12:24 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: Toddsterpatriot
As a % of GDP, manufacturing averaged 16.5% from 1990-2000. In 2001, was 14.4%; in 2002 (est) was 13.2%. (BEA)

Don't know total employment/manufacturing numbers.
136 posted on 04/10/2004 3:15:12 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: Toddsterpatriot
eliminate stupid regulations: Bush: zero

cut taxesBush: 1 for 2 (no corporate tax cuts)

cut govt spending : Bush spends more than Clinton, year-over-year % gains and absolute dollars, on NON-DEFENSE items.

reform the legal system,: Bush: zero

Your hero's not doing well, my friend.

137 posted on 04/10/2004 3:18:45 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: Toddsterpatriot
Their recession has everything to do with bad government policy

No matter the Government policy--in 50 years, the country will be vacant. Their Gummint policy worked from 1980-1995, BTW.

138 posted on 04/10/2004 3:20:36 PM PDT by ninenot (Minister of Membership, TomasTorquemadaGentlemen'sClub)
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To: ninenot
Your hero's not doing well, my friend.

Didn't say he was doing well. Better than the alternative but LOTS of room for improvement.

139 posted on 04/10/2004 3:23:38 PM PDT by Toddsterpatriot
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To: Willie Green
But, Willie, don't you understand...destroying American jobs makes us all rich! Heck, hiring people at 20 cents per hour is better than winning the lottery! Sign me up! Wheee! (/venemous sarcasm)
140 posted on 04/10/2004 3:24:14 PM PDT by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
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