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To: USFRIENDINVICTORIA
“Free trade creates wealth, protectionism destroys it.”

I'm all for *Fair trade Free trade is a codeword for wealth redistribution.

16 posted on 03/06/2008 1:39:20 PM PST by wolfcreek (Powers that be will lie like Clintons and spend like drunken McCains to push their Globalist agenda.)
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To: wolfcreek

fair trade is a code word for government control of the economy


20 posted on 03/06/2008 1:42:09 PM PST by ari-freedom (We need more conservatives like Buckley and fewer Coulters)
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To: wolfcreek
“I'm all for *Fair trade Free trade is a codeword for wealth redistribution.”

You've got your terms backwards. So-called “fair-trade” is just a socialist invention for managed trade designed specifically for wealth redistribution. Free trade (I will agree that we have never achieved this ideal — because of the vestiges of protectionism in every real-world trade deal) creates wealth, by allowing nations to concentrate on what they do best. The benefits of free trade is the one thing that (almost all) economists — from Adam Smith onward — agree upon.

21 posted on 03/06/2008 1:44:55 PM PST by USFRIENDINVICTORIA
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