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To: unseen
["The loss of low to mid level jobs in this country is increasing many social problems and making this country economically insecure."

You seemingly suggest that government intervention is a remedy to "free market failure."

Let me suggest to you, generally, that FREE markets and FREE prices will work out the market problems in a FREE society. That is, we would be better off with business people making decisions than by government planners who lack key information in terms of time and place in markets.

A government's roll should be limited to acting only as a (baseball) umpire.
13 posted on 03/20/2006 12:27:30 AM PST by LjubivojeRadosavljevic
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To: LjubivojeRadosavljevic
A government's roll should be limited to acting only as a (baseball) umpire.

I disagree a government's role should be to defend its citizen's rights and freedoms. Be that economic freedom or personal freedom. If the world market was totally "free" than maybe you have a point. However, we in this country do not have a free market because a majority of voters decided that taxes, environmental regulations, labor laws, government subsidies, etc were more important than market forces. In effect we have made moral/political decisions that outweigh the "market". Now we can argue if these decisions are right or wrong but the fact is they are there. Therefore due to these laws/regulations we in the US experience a certain standard of living. We also incur additional costs that countries whom do not have these laws/regulations don't. Thus to compete with other countries that have lower costs in a "free market" we would have to either lower our standard of living or level the playing field and have other countries pass laws/regulations that bring the two into balance. Since we have NO control over other countries the DREAM that "Free trade" is even possible is wrong. Also because of these latent costs within our market the net loss of jobs from this country decreases our tax base while at the same time increasing our government outlays. The only way to bring the "market" into balance is to level the playing field on our end since we can not level it on the other end. I myself believe in a strong middle class not a country where you have the rich and the poor.
14 posted on 03/20/2006 1:04:52 AM PST by unseen
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