Posted on 03/20/2005 8:11:01 AM PST by A. Pole
OAS told him not to give me one. Or maybe the FTAA told him not to.
Then why don't they assemble the parts overseas? That's where the cheap labor is, remember?
Excerpted and condensed from:
Of Restraints upon the Importation from Foreign Countries
of such Goods as can be produced at Home
"There seem, however, to be two cases in which it will generally be advantageous to lay some burden upon foreign for the encouragement of domestic industry...
- The first is, when some particular sort of industry is necessary for the defence of the country....
- The second case, in which it will generally be advantageous to lay some burden upon foreign for the encouragement of domestic industry is, when some tax is imposed at home upon the produce of the latter. In this case, it seems reasonable that an equal tax should be imposed upon the like produce of the former....
The economic burdens that you admit the feds place on domestic industry are essentially a form of taxation. Therefor, the steel industry qualifies for tariff protection under BOTH conditions specified by Adam Smith.
How many steel jobs are there now? 10 million? 20 million?<
Employment in the steel industry declined to about 170,000 wage and salary jobs in 2002.
63% of the workforce is nonunion, so it is disingenuous to showcase labor organization as a boogeyman.
chinese and indian engineers are very smart. they earn alot more then the factory workers of course, but still a very low wage compared to US standards.
the only reason foreign nationals need to come to the US for engineering educations is because their own systems are not built up yet. In time, that will happen. As engineers there get older, they will leave industry and enter the higher education systems there - that will be the way they form their programs with trained engineers as professors. that's why we don't see many japanese engineers in US programs - they are moved past the phase of needing US degree programs for their own people.
The US high school systems turn out more than enough candidates for these fields, not everyone needs to enter them. The reason fewer are taking this up in college is because of the market dynamics of finding a job and wages in the field.
Dear SwankyC,
A little bit of googling reveals that for Hondas built in the US, the domestic content is somewhere between 70% and 90+%, depending on how one counts content.
Honda, as an example, has over 450 suppliers in the United States.
Some models of Toyota have about 90% domestic content, with an overall domestic content average of about 75%, and about 500 American suppliers. Toyota uses almost all (98%) US steel for cars built in the US.
sitetest
You almost sound like Marx. LOL
Now you've done it . . . .
My guess is that it's one of those girly-boy clubs that you have to give a limp-wristed secret handshake to get in.
What about claiming that American factory workers cannot compete with folks earning $1 per hour, then?
Only when responding to your latest, friend.
Okay, you and I agree that steel is necessary for defense, but how much steel is necessary? Your chart showed we produced 101.5 million tons in 2000. Is 50% needed for defense? 20% Or 120%?
In this case, it seems reasonable that an equal tax should be imposed upon the like produce of the former
Sounds reasonable. So how much tax on foreign steel would equal the domestic tax on American steel?
Employment in the steel industry declined to about 170,000 wage and salary jobs in 2002.
Hmmmm...I have a feeling more Americans are employed in steel using industry. Is it fair to punish them to protect 170,000 steel making jobs?
63% of the workforce is nonunion, so it is disingenuous to showcase labor organization as a boogeyman.
I'd be interested in how many union workers work in mini-mills and how many nonunion workers are employed by the integrated mills.
Sorry, I hadn't noticed they were in charge, but if you say they are.....
That is true in manufacturing industries that are more labor intensive, such as products that require assembly.
However, steel production is more highly automated and is labor efficient.
Labor costs are not as significant as capital, energy and material costs.
Not sure the cure to deadly government regulations is additional government regulations.
The proportiom used for defense cannot be separated from other purposes since it shares the same production infrastructure. If you outsource the capacity that's used for civilian purposes, you degrade the military infrastructure as well.
Nope, you definitely use the Marx key on other people too.
****
To: A. Pole
So why do protectionists cite to Marx?
187 posted on 03/21/2005 7:44:20 AM PST by 1rudeboy
That's why Honda, for example, has engine and transmission plants here. Toyota also builds engines here.
You don't know what you're talking about. Why post as if you do?
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