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To: Snerfling
China and India DONT have import restrictions??

And how in the world can we restore Free Trade when the very reason we needed to impose restrictions on this trade has not gone away? The reason we need to impose tariffs is growing!!

And yes, both parties need to adress this, and stop abandoning their own country while they do. We have a much larger problem than H1B visas here, we are handing over the machines to do the work, not just the jobs!
518 posted on 08/01/2003 9:01:05 AM PDT by RaceBannon
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To: RaceBannon
The founders orignally intended tariffs to be the SOLE method of funding the federal government. Maybe this trend will push us back to that method taxation along with the NRST.
520 posted on 08/01/2003 9:09:25 AM PDT by RockyMtnMan
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To: RaceBannon
China and India DONT have import restrictions??

You answer my question as if it is self-evident; however, I'm pretty well informed in this area, and I'm not aware of any overt restrictions placed by China and/or India on foreign investment/trade.

To the contrary, China/India have experienced multi-billion capital investments from Japan, the US and EU. The net result is they import a huge amount of capital goods from those source countries as well.

If you can back-up your assertion that they have imposed trade restrictions, then you would go a long way towards convincing others to perhaps impose relatiatory tariffs.

If you can't, then you have a very weak position. I already know the answer, and so do the Dem/Repub leaders, which is why you aren't seeing any calls for restrictions.

There aren't any unfair trade policies holding back Americans. It's a pure economic shift were technology and service/skill transportability have conspired to create a unique situation where an established market is being rapidly displaced by the competition.

Unless you can back up your assertion, then you're advocating trade restrictions with no previous basis (according to Adam Smith and others) other than protection for protection's sake.

692 posted on 08/01/2003 6:04:37 PM PDT by Snerfling
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