Posted on 02/20/2012 4:35:01 PM PST by tobyhill
Republican presidential candidate Rick Santorum promised Monday to revive manufacturing, cut taxes and shrink government, pledges that drew loud applause from conservative Michigan voters who said he was more in line with their values than native son and GOP rival Mitt Romney.
Santorum's growing connection with Michigan conservatives risks embarrassing Romney in his home state. Romney was counting on a strong finish in Michigan's presidential primary on Feb. 28 to carry him into the big, multistate round of voting a week later on Super Tuesday.
But Santorum, fueled by a recent trio of victories and sensing an opportunity to upset or at least bloody Romney with a strong primary finish of his own, is charging hard at a state that he says shares many of the same characteristics as his blue-collar state of Pennsylvania. Santorum pledged Monday that, under his administration of less government and more individual freedom, "manufacturing jobs will come back here to Muskegon."
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I gave you a great example in post 95.
Unequal means they don't play by the same rules.
Communist countries are inherently unequal because the government owns the means of production. We tend to assume that when we buy goods from a company, that they will eventually directly or indirectly buy goods back from us. That's not the case with Communist China. They aren't buying goods, they are buying the means of production and debt.
Countries with nothing to offer but labor are inherently unequal. It only makes sense to trade with such countries as long as your own economy is at full employment.
Inequality can also result from differing norms of social and environmental protections. China doesn't care about worker safety or environmental protections, so it gives them yet another cost advantage. Free trade then undermines the protections you've engineered in your own economy, by driving your firms out of business since they have to compete against firms that don't have such rules.
You can add jobs in other areas of the economy: Service, information, health care and entertainment. But they are more susceptible to economic downturns. You might be able to argue healthcare is not, but healthcare is a different beast altogether.
Many services aren't necessary. In a crunch, people can fall back to ironing their own clothes and cooking their own burgers. You can see that in stock sector rotation charts. Industry recovers first, then services.
Your dumb.
6. Because manufacturing jobs ensure our freedom by producing weapons for our armed forces should we ever have to fight a war of attrition with equals(probably communists). Actually, this to me is reason number 1.
Can't believe I left that out. Yes, even peacetime manufacturing can be converted to produce weapons in times of need. But not if you have outsourced all your manufacturing.
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