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To: hchutch
Only now, they use the same tactics as Jesse Jackson and Al Sharpton: The hand is out, they shout "gimme gimme" - and if you don't comply, they will call you names. Only these folks use "traitor" instead of "racist" when they call names.

They are, IMHO, just as disgusting

I agree. Like I have stated before on these type of threads, I saw this same type of rhetoric 20 years ago when the steelworkers were shouting about those damn "Japs" taking everything to Tokyo.

We all saw what happened to Japan.

115 posted on 08/08/2003 9:18:44 AM PDT by Dane
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To: Dane
Welcome back to the threads.

I agree. Like I have stated before on these type of threads, I saw this same type of rhetoric 20 years ago when the steelworkers were shouting about those damn "Japs" taking everything to Tokyo.

We all saw what happened to Japan.

Now what happened to Japan was that Ronald Reagan by imposing tariffs and quyotas on Japanes goods forced Japan to relocate manufacturing to the USA in order to access American markets. Following this Japanese companies made very substantial investments in factories overseas from Japan in part funneling the Asian Pacific boom and many of the "tiger economies." Japan opened it borders to Japanses financed goods and services produced in otehr nations. Following this some of the structural problems of Japanese banks came to light as some of the nations Japan had invested in had currencies hot by peculation/currency trading. It was revealed that Japan's problems in its banking industry were severe. Deflation ensued. Now if you have any problems with this history of Japanese economics from the 80's please let me know. I believe everthing is factual but I am not posting from referneces today. If we have a disagrement perhaps others vcan provide appropriate references.

Now as to the argument that protectionism caused the Japanese problems with defation an opening of Japanese markets took place first.

137 posted on 08/08/2003 9:30:37 AM PDT by harpseal (Stay well - Stay safe - Stay armed - Yorktown)
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To: Dane
"... I saw this same type of rhetoric 20 years ago when the steelworkers were shouting about those damn "Japs" taking everything to Tokyo.

We all saw what happened to Japan."

Yes, we bought their finished steel products in the form of automobiles.

America imposed 25% import tariffs for vehicles based on engine displacement hosted in a chassis above a certain weight, so Japanese automobile makers had to build here in American factories in order to compete in the full-size truck market.

As a result, I bought a 2000 Toyota Tundra made in a non-Union factory in Indiana rather than a Dodge made in Mexico or a Chevy made in Canada.

Nissan also wants to market it's first light truck with a V8 in the US, so now they have to build a factory in Smyrna GA to do so and employ American workers.

Import tariffs work.

206 posted on 08/08/2003 10:46:32 AM PDT by The KG9 Kid
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