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To: Toddsterpatriot
As far as foreign made components making final assembly here meaningless, what's the salary paid to American workers by GM, Chrysler, Ford, IBM, Dell? They all use foreign parts and still manage to pay American workers billions in salary and benefits. Meaningless? Hardly.

The drain off of American capital to the countries that make these foreign made parts is enormous. Every component on an "American made" car that is foreign made must be paid for from the amount a person pays for the car.

What percentage of the part used to make an "American made" car is foreign made? Near 100%, most like. Every one of those parts represent money that leaves the country, which means that when we buy a car nowadays a large percentage of the bucks we lay out for it is gone.

Gone? Well, not really, it comes back to purchase American land, companies, stock, debt and politicians. How do you factor those effects into your global free trade?

And all those billions paid to American auto workers likewise are drained off to places like China when they buy foreign made goods or "American made" goods with foreign made components.

Agreed, 100% American made components would be preferred. But you agree they are more expensive? You agree that the higher expense would cause jobs and production to be lost on the margin?

100% American made components are required. You miss the point of what I said. Within the our earlier pro-sumer economy, where we make all the things we use and make the components too, the higher expense was was not a higher expense. People that worked in other jobs made enough to easily afford them.

Yes, it worked very well for America. Now, all you have to do is show that its not working very well for America now. You can't, yet. If in the future you can show that our economy is failing and that the fault is with all this trade, then I'll agree you're correct. But we ain't there yet. You said in 5 years we will be. You gonna shut up if we're not?

It did indeed work very well for America. That system proved itself in a robust economy. This type of Global trade is experimental. The issue is not whether I can "prove" this global dog and pony show is failing the US.

The question is why would you advocate putting all out eggs in an experimental basket when we already had one that worked fine?

Why? For what purpose. Be clear and specific.

557 posted on 03/03/2005 4:30:55 PM PST by William Terrell (Individuals can exist without government but government can't exist without individuals.)
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To: William Terrell
The drain off of American capital to the countries that make these foreign made parts is enormous. Every component on an "American made" car that is foreign made must be paid for from the amount a person pays for the car.

Look at it from the point of view of the buyer. He doesn't care if his money goes to India or Indiana. If he gets the car he wants at the price he wants, he's happy. You want to raise the price by thousands of dollars so the money goes to Indiana? Well, what's in it for him? How does paying let's say $2,000 more for the same car benefit the buyer?

What percentage of the part used to make an "American made" car is foreign made? Near 100%, most like. Every one of those parts represent money that leaves the country, which means that when we buy a car nowadays a large percentage of the bucks we lay out for it is gone.

So, money leaves the country. So what? The foreigners have 3 choices, they can save the money, spend the money or eat the money. Please explain how each of those 3 choices is bad for America.

Gone? Well, not really, it comes back to purchase American land, companies, stock, debt and politicians. How do you factor those effects into your global free trade?

So, the $2,000 my car buyer saved, where does that money go? To buy American goods, stock, land, debt. That's bad how?

100% American made components are required. You miss the point of what I said. Within the our earlier pro-sumer economy, where we make all the things we use and make the components too, the higher expense was was not a higher expense. People that worked in other jobs made enough to easily afford them.

All you need to do to convince me is to show we are worse off before all this darn free(r) tradin' started. Maybe showing another country that produces 100% of their own stuff and how they are more prosperous than the US.

The question is why would you advocate putting all out eggs in an experimental basket when we already had one that worked fine?

Yeah, real experimental. We didn't trade during the 1700's did we? No trading during the 1800's? Yeah, that trading stuff is real experimental.

Why? For what purpose. Be clear and specific

Can't be clearer than I was before. I'm a consumer with a finite supply of money. I prefer to buy goods for less, rather than for more. I also prefer the freedom to do so. Clear enough?

571 posted on 03/03/2005 6:46:10 PM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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