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To: Mase
Would you prefer 15 years of Japanese deflation or Germany's 11% unemployment rate?

How about equal access to the Chinese market as they have here? Heck I'd settle to the same access to our own market as they have.

18 posted on 12/14/2005 10:28:41 AM PST by Last Dakotan
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To: Last Dakotan
How about equal access to the Chinese market as they have here?

How's our access to China today compared to 10 years ago? 20 years ago? 30 years? All that notwithstanding, are you saying you'd rather we had a protectionist economy like China? Do you envy their standard of living?

32 posted on 12/14/2005 11:04:38 AM PST by Mase
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To: Last Dakotan

In trade, its called reciprocity. Its something that Congress used to negotiate in trade deals. But now, since the WTO manages global trade, unconstiutionally for the United States, they don't believe in reciprocity. When "rich countries" ,like us, are dealing with a "least developed country" or "developing country" like China, we "rich countries" all must grant preferential treatment to them and expect nothing in return. This is a LDC bargaining chip at the Doha round this week. We must also build up their infrastructure with our tax dollars so our companies can outsource or offshore there. In fact, Rob Portman gleefully announced yesterday we are going to double our aid-for-trade to these countries, like China, which means our government is going to double the amount of our tax money they are lavishing on "poor countries" so that they can build even more infrastructure so even more businesses can leave.


38 posted on 12/14/2005 12:06:35 PM PST by hedgetrimmer
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