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To: Torie
The proof is in the pudding. Just why is the most free tread nation on Earth, also the richest, and on a per capita income basis, except for Luxembourg?

Partly because of the accumulated wealth of our forbears - wealth we are now squandering. Partly because the problems with free trade have developed as reality diverged from Ricardo's underlying assumptions.

179 posted on 04/13/2004 5:03:55 AM PDT by neutrino (Oderint dum metuant: Let them hate us, so long as they fear us.)
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To: neutrino
Then how do you explain that our GDP is still growing, that our growth is over 4% and in real $ terms (not PPP $s not % terms) that's more than China's and India's growth combined.
180 posted on 04/13/2004 5:43:40 AM PDT by Cronos (W2K4!)
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To: neutrino
Partly because of the accumulated wealth of our forbears - wealth we are now squandering.

And the zero-sum argument rears its ugly head.

183 posted on 04/13/2004 6:19:58 AM PDT by 1rudeboy
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To: neutrino
Partly because of the accumulated wealth of our forbears - wealth we are now squandering.

And the zero-sum argument rears its ugly head.

184 posted on 04/13/2004 6:21:56 AM PDT by 1rudeboy
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