Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LowCountryJoe
How are we worse off? And what happens to the Japanese economy for their shenanigans in altering the marketplace?

Well, obviously cheaper goods are bad for Americans. When Americans save money it's bad.

When the Japanese lose money to sell us cheaper goods it's obviously good for Japan.

You just don't understand economics. We need a tariff to stop Americans from saving money.

136 posted on 11/23/2004 9:44:01 AM PST by Toddsterpatriot (Protectionists give me the Willies!!!)
[ Post Reply | Private Reply | To 135 | View Replies ]


To: Toddsterpatriot
When the Japanese lose money to sell us cheaper goods it's obviously good for Japan.

They only lost money the short run while they fought to gain market share. Once they acheived dominance of the oligopolistic consumer electronics industry, they raised prices and profited hansomly, as they continue to do until this day. MITI is always ready to step in when someone threatens their entrenched position, so no one attempts to dislodge them the way they did to RCA and their other American competitors.

You're obviously not familiar with such concepts as economies of scale and oligopoly. You need to take a class in industrial organization.

149 posted on 11/24/2004 10:52:14 AM PST by curiosity
[ Post Reply | Private Reply | To 136 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson