Posted on 05/29/2011 3:58:14 AM PDT by GonzoII
BS, there are more right-to-work states than there are union states. The companies moving overseas are for the most part PROFITABLE NON-UNION companies who wan to make a few pennies more on the dollar by selling out. The union thing isn't working anymore, Free Traders need a new one.
So how's that working for ya?
We’ll not recover from de-industrializing America, if we don’t.
If we’re going down, might as well be fighting.
I like your plan on tariffs, but lets be sneaky about like the Free Traders are sneaky. We'll start our tariff at a benign 10%. Then, we will increase it 10% per year, slowly turning up the heat.
PS We will EXCLUDE energy imports just to piss off the greeniacs.
I propose a new term, mostly in jest:
“TINO”.
Tariffs in name only. :)
Because we forgot America is different than the rest of the world.
We are playing with socialistic fire.
Tariffs on imports will speed the demise to an even more blistering pace. Check out what higher oil prices do to our economy - and multiply by 100.
Two words: “Big Government.”
And even though the growth numbers for GDP have been positive, that’s misleading because the growth has come primarily in the governmental sector, where there is no market mechanism to authenticate the value of the spending. You can spend a trillion dollars digging holes in the ground, and that adds a trillion dollars to the GDP.
We lit the match of that fire, when we began sending what was once referred to so proudly as the “Arsenal of Democracy” to history’s largest communist nation, simply to enrich a small circle of powerful people, of questionable national loyalty, motivated only by greed.
There’s a name for that sort of thing.
More Free Trader propaganda, tariffs HAD NO EFFECT on the depression.
Imports during 1929 were only 4.2% of the United States' GNP and exports were only 5.0%. Monetarists such as Milton Friedman who emphasize the central role of the money supply in causing the depression, downplay the Smoot-Hawley's effect on the entire U.S. economy.[20]
Different times and different economic problems, and different causes.
But you are posting total nonsense when you say that tariffs were some significant part of the GD. Read something and learn what really happened.
———which Americans are overpaid -——
The market makes that determination. Generally, those who make products that can not be sold at a profit
Destroying our industrial base so your 20K car costs 19.5K is not free trade - it's national suicide. It's memorial day weekend. So all of our guys fighting and dying, if you could somehow ask them if Free Trade was a good idea and destroying our manufacturing base in the process was a good idea, HOW DO YOU THINK THEY WOULD ANSWER?
Dealing in Chinese slave labor is NOT CAPITALISM.
Evidence: Take a look at the violent and continuous down trend in the value of the $ internationally - real world stuff, not pipe dream nonsense. Take a look at bond buyers striking against buying any more US Treasury debt. Check out S&P's opinion on the risk of owning US paper, etc.
If you think we have it bad now, just wait a bit. So stock up on goods from China, while they are still a bargain.
That’s the problem.
If we wait to impose tariffs, China will simply charge us more, and we’ll get no benefit.
At least tariffs will apply toward our budget deficit.
Lol, not really. The thing that determines that these days is whether or not a job can be moved to cheap labor nations and the work product, whether a manufactured product or an intellectual product, can then be shipped or transmitted back to the US.
Whether a job can be moved, and government intervention; that determines everything these days, not some fantasy market forces at work.
But, even if many aren't honest enough to admit it, everyone who earns their living in the USA is overpaid compared to global averages, including you if you work in the USA in any capacity.
It is totally dishonest and self-serving to deny that fact. And your fantasy free market will never exist until labor of all types is just as free to move across borders as capital.
Do you favor the total free movement of labor to bring about a genuine free market?
Glad you are so positive - experts differ on that. In my opinion the resulting trade wars so disrupted an already suffering economic system, it was crumpled by stupid interventions like "lets make commerce more difficult and expensive. Ya, that's the ticket!"
I disagree. Across the board tariffs will simply increase everyone’s costs.
Too bad the facts don’t support most of the assumptions in this debate.
1. The US has been losing manufacturing jobs since the peak in July of 1979. But industrial output has continued to grow faster than the rest of the world.
2. During the decade when we were “exporting 50k manufacturing jobs per month” China lost 15% of their manufacturing jobs.
3. The industrial nations lost 32 million manufacturing jobs in a decade. But industrial output has continued to grow up until the recession.
4. These jobs aren’t being exported, they’re just going away. Labor has become so expensive and risky that capital investment to automate is more attractive.
5. As regulation makes capital investment less attractive, the capital will move elsewhere.
6. Tariffs don’t work. In the 10 years after NAFTA the US saw the largest surge in manufacturing jobs in 50 years. So did Canada and Mexico.
The primary flaw in your thinking is the concept of Chinese Slave Labor. The labor is made by those who desire to exit the oppressive poverty of the countryside and improve the quality of their lives.
You might spend a few minutes reading about the growth of all things Chinese and the return of pure, raw entrepreneurial personal initiative into the Chinese economy.
The old style oppression is severely diminished and business is rushing to the forefront.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.