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To: indthkr
instead of a theory of how markets behave efficiently when there isn't any "fine print" involved.

Do we trade more now, or before NAFTA? Which nations have a higher standard of living? Those that trade a lot or those that trade very little?

680 posted on 02/06/2006 5:06:01 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot; fallujah-nuker

"Which nations have a higher standard of living? Those that trade a lot or those that trade very little?"

Even factoring in the depression, we had the highest standard of living in the world before WWII with no more than 5% of our economy dependent upon trade. And 99% of our standard of living was created by that 95% internal market. And as we become more dependent upon other countries for our standard of living, the more fragile and vulnerable it becomes to attack.


681 posted on 02/06/2006 5:54:26 PM PST by neutronsgalore (Waffling George has failed to secure the borders...now it's Bouncing Betty's turn!)
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To: Toddsterpatriot; neutronsgalore
Toddster, how you doing? You should be on the "Buy Danish" thread, you'd be happy to know that nuker just bought some Lurpak butter. Danish goods are imports that I'm all for!



683 posted on 02/06/2006 6:36:50 PM PST by fallujah-nuker (America needs more SAC and less empty sacs.)
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