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NAFTA Gives Mexicans New Reasons to Leave Home
San Francisco Chronicls ^
| 10.15.98
| Robert Collier
Posted on 07/03/2005 6:00:20 PM PDT by Coleus
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To: bayourod
It read it in a book entitled "The Way The World Works" by Jude Wanniski about 20 years ago. The EH.Net Encyclopedia section titled "Did Retaliation Take Place?" makes no mention of any pre-emptive retaliation. Hence, unless you can provide a precise online source that I can check, we'll just have to drop this line of the discussion.
In any case, Smoot-Hawley has little relevance to current discussion about free trade. The reason can be seen in the following graph:
![](http://home.att.net/~rdavis2/tariffs.gif)
The numbers and sources can be found at http://home.att.net/~rdavis2/tariffs.html. As can be seen, the tariff rate on total imports was between 11 and 15 percent from 1921 through 1929. Smoot-Hawley raised it up to nearly 20 percent. The current tariff rate on total imports is well south of 5 percent now and nobody is suggesting that we raise it to the "good" level that it was at during the twenties, much less the "bad" level of Smoot-Hawley.
To: John Filson
You seem to think our war with the islamofascists has no merit. Write on the blackboard 1000 times ... Jihadists, Jihadists, Jihadists ......
Islamofacists? The supporters of this never explained preemptive invasion are as adept at inventing new propaganda words as they are at inventing threats to our security (while ignoring the real threats, I might add).
I was, and am, 100% for pursuing and raining punishment on those who reprehensibly invaded our shores and murdered innocents. Placing our brave forces in the situation of being sitting ducks instead of pursuing the Jihadists will be an imponderable for historians for years to come.
202
posted on
07/06/2005 4:30:39 AM PDT
by
iconoclast
(Conservative, not partisan..)
To: John Filson
John, I agree completely with your economic analysis.
But we're quite a few miles apart on war strategy (think Pakistan).
203
posted on
07/06/2005 4:50:06 AM PDT
by
iconoclast
(Conservative, not partisan..)
To: John Filson
You said you didn't know anything about the chip industry. I happen to know that our ability to produce chips here in America has been decimated by offshoring.You have a source that says we have no major chip fabrication plant in full production on American soil or did you pull that fact out of your ass too?
204
posted on
07/06/2005 6:34:21 AM PDT
by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
You're the one who needs to get a clue.
To: iconoclast
But we're quite a few miles apart on war strategy (think Pakistan). Nothing wrong with complaining about tactics and strategy. But the topic here is trade.
To: John Filson
Yeah, okay. You seem to be making the point that we don't make any chips in the US. You are wrong. Again. But at least you're consistent.
207
posted on
07/06/2005 8:20:43 AM PDT
by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
I hope you enjoy playing the violin while Rome burns.
To: Toddsterpatriot
make any chips in the US You are right. I ate some a few days ago.
209
posted on
07/06/2005 8:27:06 AM PDT
by
A. Pole
(The Law of Comparative Advantage: "Americans should not have children and should not go to college")
To: Age of Reason; Toddsterpatriot; lucysmom; hedgetrimmer
Globalists are exactly like Stalinists in their willingness to expend human life to bring about their theoretical vision of the perfect world.
To: John Filson; Toddsterpatriot
To: 1rudeboy
Impossible. The only chips we make in America are potato chips. John said so. He also said we need to pay double for our imports otherwise we will lose World War III.
212
posted on
07/07/2005 11:50:13 AM PDT
by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
Profile of the U.S. Semiconductor Industry
- U.S. 2003 Sales = $80 Billion
- Worldwide 2003 Sales = $166 Billion
- 2003 World Market Share = 48percent of $166 Billion Market
- U.S. Jobs = 226,000
- Percent of Sales Outside U.S. Market = 73 Percent
- Capital Equipment = $10 Billion, 14 Percent of Sales
- R&D Investment = $14 Billion, 17 Percent of Sales
- More than 30 Percent of Revenues Invested in the Future
Source
To: 1rudeboy
Not bad for an industry with no "major chip fabrication plant in full production on American soil". Not bad for an industry considering "that our ability to produce chips here in America has been decimated by offshoring".
Facts are a stubborn thing. But not as stubborn as an ignorant protectionist.
214
posted on
07/07/2005 12:05:47 PM PDT
by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
Hey, you Stalinist! Where's your Gulag?
To: 1rudeboy
Samsung Initiates $75 Million Second-Stage Expansion of Austin [Semiconductor] Plant Not an American company?
To: 1rudeboy
Hey, you Stalinist! Where's your Gulag?I know Stalin killed ten's of millions in his camps. How many have died at the hands of the globalists who are "exactly like Stalinists in their willingness to expend human life to bring about their theoretical vision of the perfect world"? I wonder if these bozos ever say this stuff out loud before they hit the post key?
Would they realize how silly and at the same time obscene their ignorant comments are? Or are they too stupid? Interesting questions.
217
posted on
07/07/2005 12:32:15 PM PDT
by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: John Filson
To: John Filson
20% may have been out of work, but: what about the 80% that
had jobs? My Dad started hiis own business, during the Great
Depression.
To: upcountryhorseman
That's outstanding. Is he still alive? I hope he's still telling stories about it!
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