To: Clintonfatigued
Ive been wondering where the recovery is, myself.
Thanks to Dubya's "free trade" agreements, most of the recovery occurs offshore where all the wealth creating jobs were outsourced.
The only lasting benefits that Americans receive are from those few, modest investments that we're making to our transportation infrastructure.
We really need to implement a 10~15% revenue tariff on ALL imported goods, while lowering other forms of domestic taxation.
That would have an immediate effect of replenishing our Treasury while also providing incentive to bring wealth creating jobs back to America.
And we should focus those jobs on creating energy efficient infrastructure like nuclear power and passenger rail systems so our domestic economy remains competitive in the 21st Century.
To: Willie Green
Thanks to Dubya's "free trade" agreements, most of the recovery occurs offshore where all the wealth creating jobs were outsourced. The only lasting benefits that Americans receive are from those few, modest investments that we're making to our transportation infrastructure. We really need to implement a 10~15% revenue tariff on ALL imported goods, while lowering other forms of domestic taxation. That would have an immediate effect of replenishing our Treasury while also providing incentive to bring wealth creating jobs back to America. And we should focus those jobs on creating energy efficient infrastructure like nuclear power and passenger rail systems so our domestic economy remains competitive in the 21st Century.
When the globalists said there would be winners and losers, they forgot to mention that the winners would be their global corporations,and the losers would be the middle class of the US.
A portion of those 125,000 new legal workers (a combination of green cards and guest workers)that enter the US each month, are the result of those lovely 'free trade' agreements that contained provisions that overrode our immigration law.
The effect of 'guest workers' on technical fields has been especially devastating from both an economic and national security perspective.
12 posted on
08/21/2010 10:44:21 AM PDT by
algernonpj
(He who pays the piper . . .)
To: Willie Green
You make a very interesting point. 15% might be too much given the state of the economy, but your overall idea is sound. I’m sure the Founding Fathers, who weren’t supporters of globalism, would approve.
14 posted on
08/21/2010 1:54:00 PM PDT by
Clintonfatigued
(Obama's more worried about Israelis building houses than he is about Islamists building atomic bombs)
To: Willie Green; algernonpj
Thanks to Dubya's "free trade" agreements
There were NAFTA and GATT, I'm remembering they were both under Clinton#1, but you'll have to refresh me on any "free trade" agreements Bush made?
15 posted on
08/21/2010 6:04:10 PM PDT by
Son House
(The Bush Tax Cuts Produced Better Results Than All The Democrat's Stimulus Bills Combined.)
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