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To: William Terrell
I've still not seen a rational reason why we place our dependence on foreign interests and foreign trade, a untested notion, instead of producing what we need and trading with ourselves.

So who gets to work in the sweatshops and how much will they make? How much will American sneakers cost? How much will the sneaker makers earn?

I simply don't think you have thought the ramifications through and are prejudiced by your opportunity to make wealth from it.

Yeah, I haven't thought about the ramifications of foreigners cutting off our supply of sneakers.

175 posted on 02/02/2006 8:18:47 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot
So who gets to work in the sweatshops and how much will they make? How much will American sneakers cost? How much will the sneaker makers earn?

Sweatshops?

Let's say a foreign sneaker now costs $25 and a person making $10/hr can afford it. Can a person making $20/hr afford an American sneaker for $50?

You seen to forget that while American goods produced here will be higher in price, jobs will pay a higher wage since the job market will not be glutted with workers seeking less and less jobs that went overseas.

The higher prices will pay the higher wages. This is pretty simple stuff. I's been done and it worked.

Yeah, I haven't thought about the ramifications of foreigners cutting off our supply of sneakers.

What about foreigners cutting off our supply of fatigue fabric and combat boots? Web gear? Sub assemblies for military hardware?

177 posted on 02/03/2006 8:43:38 AM PST by William Terrell (Individuals can exist without government but government can't exist without individuals.)
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