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What to Expect When You’re Free Trading
New York Times ^ | January 16, 2008 | STEVEN E. LANDSBURG

Posted on 01/16/2008 4:01:09 AM PST by LowCountryJoe

Rochester

IN the days before Tuesday’s Republican presidential primary in Michigan, Mitt Romney and John McCain battled over what the government owes to workers who lose their jobs because of the foreign competition unleashed by free trade. Their rhetoric differed — Mr. Romney said he would “fight for every single job,” while Mr. McCain said some jobs “are not coming back” — but their proposed policies were remarkably similar: educate and retrain the workers for new jobs.

All economists know that when American jobs are outsourced, Americans as a group are net winners. What we lose through lower wages is more than offset by what we gain through lower prices. In other words, the winners can more than afford to compensate the losers. Does that mean they ought to? Does it create a moral mandate for the taxpayer-subsidized retraining programs proposed by Mr. McCain and Mr. Romney?

Um, no. Even if you’ve just lost your job, there’s something fundamentally churlish about blaming the very phenomenon that’s elevated you above the subsistence level since the day you were born. If the world owes you compensation for enduring the downside of trade, what do you owe the world for enjoying the upside?

[Snip]

One way to think about that is to ask what your moral instincts tell you in analogous situations. Suppose, after years of buying shampoo at your local pharmacy, you discover you can order the same shampoo for less money on the Web. Do you have an obligation to compensate your pharmacist? If you move to a cheaper apartment, should you compensate your landlord? When you eat at McDonald’s, should you compensate the owners of the diner next door? Public policy should not be designed to advance moral instincts that we all reject every day of our lives.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Editorial; Government; Philosophy
KEYWORDS:
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To: Fan of Fiat
No...you made the claims that Schlafly and Dobbs “favor expanding governmental power at the expense of individual liberty” Post something to support your statements. My articles, which you keep reposting back to me, do not. What my articles show is that Phyllis Schlafly and Lou Dobbs are in favor of the government RECTIFYING THEIR MANAGED TRADE which you globalists call “free trade.” As it now is, the government is interfering with trade, as it is anything BUT free trade.

Find your own articles to refute what I said, what they have said, and which support your claims.

181 posted on 01/16/2008 11:05:27 AM PST by nicmarlo (I hereby declare my support for Duncan Hunter. 1/10/08; late to the party, but I have arrived!)
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To: am452
Depends on how high the food chain he is within that company. Also he may be the one doing the outsourcing. He won't outsource his own job.

Why would it matter where in the "food chain" I reside? We don't outsource jobs, we follow our customers and supply them as they expand their businesses. We create jobs and wealth wherever we go and our employees, the majority of whom are American and earn company stock annually as a benefit, become wealthier as we grow. Do you think that when other people in other countries become wealthier they buy more valued added products and services from us? Or, do you think keeping them impoverished is in our national interest? Do you even think?

182 posted on 01/16/2008 11:05:41 AM PST by Mase (Save me from the people who would save me from myself!)
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To: Mase; nicmarlo; Fan of Fiat

He can’t. He doesn’t read the links he posts, and Fan of Fiat is reminding him. (There’s that memory thing again).


183 posted on 01/16/2008 11:06:06 AM PST by 1rudeboy
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To: Halgr; Toddsterpatriot
I still think you work for the darkside Todd....the REAL DARKSIDE

Maybe he's Dick Cheney or Karl Rove, confounding and confusing you with his irritating facts.
184 posted on 01/16/2008 11:06:33 AM PST by VegasCowboy ("...he wore his gun outside his pants, for all the honest world to feel.")
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To: VegasCowboy

Obi Wan has taught you well!

185 posted on 01/16/2008 11:07:55 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
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To: Toddsterpatriot

"I find your lack of faith in economic liberty disturbing."

186 posted on 01/16/2008 11:15:45 AM PST by 1rudeboy
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To: VegasCowboy

I bet if we could see his IP it would be a .gov address

I’m retired, so I have an excuse to be here....

;-)


187 posted on 01/16/2008 11:16:32 AM PST by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: Halgr

I may be reached at globalist@nwo.gov


188 posted on 01/16/2008 11:18:04 AM PST by 1rudeboy
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To: Mase; maui_hawaii; Paul Ross; Cringing Negativism Network; UCFRoadWarrior
Yeah, rather than acquiring the skill sets necessary to remain relevant in a competitive economy, our opponents here would enlist the help of government to save them from the unkind outside world.

You globalist are the biggest HYPOCRITES in the world. When people complain about unfair free trade taking theirs or other peoples jobs you spout the above free traitor mantra.

However, when a country like China does unfair practices against your business in China the first thing the corporate leaders do is run to the US gov't for protection from the unkind world (see below). HYPOCRITES

“There is clearly a growing economic nationalism in China that is leading to discrimination against foreign investors in pillar sectors of the economy,” said Myron Brilliant, vice president for Asia at the United States Chamber of Commerce. “It’s not only a threat to foreign investors but it also undermines China’s transition to a market-based economy.”

The Chinese actions and the administration’s concerns threaten to roil the atmosphere when Mr. Paulson goes to China in early December with other cabinet members in another round of the “strategic economic dialogue” that he began in September 2006. After seeking to defuse lingering trade disputes with China for the last 15 months, Mr. Paulson instead may have to tamp down fresh outbreaks. “I can’t tell you how many companies have come up to me — software, chemicals, autos — who say they’re concerned about the trend,” said a senior administration official, speaking anonymously to avoid antagonizing the Chinese. “We’re very troubled about the long-term direction on some of these policies.” The American concerns are shared in Europe, which like the United States, is growing more upset about the trade deficit with China. “What we’re seeing are growing industrial interests lobbying state authorities in China and giving them preferential treatment,” Peter Mandelson, the top trade envoy of the European Union, said in an interview. “The result is clear discrimination against foreign companies.”

189 posted on 01/16/2008 11:20:33 AM PST by am452 (Globalist: Converting the American people to the Democrat party since 1992)
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To: am452; nicmarlo
Did you ask nicmarlo if you could ping your friends?
190 posted on 01/16/2008 11:25:47 AM PST by 1rudeboy
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To: Fan of Fiat; nicmarlo
Yeah, the Mother Jones article.

Just in case you can't see the difference, that is not an article.
It is a transcript of an interview with Lou Dobbs.
His words--not Mother Jones.

And who has posted anything from Mother Jones--other than you?

191 posted on 01/16/2008 11:29:20 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: nicmarlo
I have no wish to debate anything with you. I like posting articles and have lurkers think for themselves, articles which obviously contradict the fairy tales you and your globalist pals tell.

You’ve never been able to convince me and other conservatives of anything, and it’s obvious that other conservatives and I won’t convince you globalists of anything.

Then maybe sometime in the future you'll post an article quoting President Pat Buchanan, President Dick Gephardt, or any other protectionist who's managed to win a national election recently, indicating my side isn't winning the debate.

192 posted on 01/16/2008 11:31:01 AM PST by Mase (Save me from the people who would save me from myself!)
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To: Fan of Fiat; nicmarlo
Oh, okay. I see that one snip of the Dobbs interview (as posted on MotherJones), was included by Nicmarlo.

Exporting America: An Interview with Lou Dobbs
February 2005

It began really with the collapse of the telecom and communications bubble in 2000. The corporations took advantage of a digital universe to start moving jobs overseas to cheaper labor markets, and then expanded from there -- to what's now an estimated 400,000-500,000 jobs a year being exported to cheap overseas labor markets.
Do you disagree with Dobbs statement? If so, what is your source?
193 posted on 01/16/2008 11:33:22 AM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Halgr
You want to bet your military pension?
194 posted on 01/16/2008 11:39:17 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
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To: LowCountryJoe
Moral instincts and politics do not mix.

At all.

195 posted on 01/16/2008 11:41:25 AM PST by Bloody Sam Roberts (Bureaucracy is a parasite that preys on Free Thought and suffocates Free Spirit.)
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To: 1rudeboy

I wasn’t talking about you rude....I was talking about Todd.

But you did get a laugh


196 posted on 01/16/2008 11:45:23 AM PST by Halgr (Once a Marine, always a Marine - Semper Fi)
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To: 1rudeboy

Still in elementary school, I see.

lol!


197 posted on 01/16/2008 11:47:17 AM PST by nicmarlo (I hereby declare my support for Duncan Hunter. 1/10/08; late to the party, but I have arrived!)
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To: Mase

If someone wishes to discuss the contents of articles, rather than show up as a globalist tag team, I am ALWAYS willing to discuss the contents of articles and their merits.

The tag team, however, has a proven history of wishing to do anything but discuss contents of articles.

And seeing as how you are part of the tag team, when I post articles, it is to refute your propaganda.

I already know that you and your buddies have your pieces of silver, we just don’t know what was the amount upon which each of you settled.


198 posted on 01/16/2008 11:50:26 AM PST by nicmarlo (I hereby declare my support for Duncan Hunter. 1/10/08; late to the party, but I have arrived!)
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To: nicmarlo

Still trying to teach economics to kindergartners, yes.


199 posted on 01/16/2008 11:51:48 AM PST by 1rudeboy
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To: calcowgirl
It began really with the collapse of the telecom and communications bubble in 2000. The corporations took advantage of a digital universe to start moving jobs overseas to cheaper labor markets, and then expanded from there -- to what's now an estimated 400,000-500,000 jobs a year being exported to cheap overseas labor markets.

Do you disagree with Dobbs statement? If so, what is your source?

This should be interesting. : )

200 posted on 01/16/2008 11:52:07 AM PST by nicmarlo (I hereby declare my support for Duncan Hunter. 1/10/08; late to the party, but I have arrived!)
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