Yeah if only we could go back to the 50s. ( You are saying that we can't produce here anything past '50's technology?
How much would oil cost in your dream world? I guess we should emulate those countries that don't trade very much? Like Cuba and North Korea?
Is our governmental structure, economic system and political/societal setup like Cuba and North Korea? Oil would most likely cost less. Or necessity would create alternatives, much like eliminating border invaders that work for pennies in agriculture would force mechanistic solutions, making produce even cheaper.
You have no rationale for dependence on foreign trade, except possibly that you, personally, make money from it, so far, anyway.
You are saying that we can't produce here anything past '50's technology?Not at all.
Is our governmental structure, economic system and political/societal setup like Cuba and North Korea?
If you stop people from transacting freely, our political system will become more like Cuba and North Korea.
Oil would most likely cost less.
Please, put down the crack pipe and explain how the 8 million barrels of domestic production will be cheaper than the 20 million barrels we currently consume everyday.
Or necessity would create alternatives, much like eliminating border invaders that work for pennies in agriculture would force mechanistic solutions, making produce even cheaper.
That's a great idea. Of course the mechanical solution would be running on $20 gasoline.
You have no rationale for dependence on foreign trade, except possibly that you, personally, make money from it, so far, anyway.
The entire nation benefits. Say what you will about WalMart but over 100 million Americans shop there every week. Over 100 million Americans save money from that foreign trade. And don't forget the more than 1,000,000 Americans who work at WalMart also benefit. And the millions of Americans who own WalMart stock or a mutual fund that holds WalMart stock.