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Patrick J. Buchanan Examines "The Slow Awakening of George W."
Washington Times ^ | 09-17-03 | Buchanan, Patrick J.

Posted on 09/17/2003 7:06:29 AM PDT by Theodore R.

The slow awakening of George W.

-------------------------------------------------------------------------------- Posted: September 17, 2003 1:00 a.m. Eastern

© 2003 Creators Syndicate, Inc.

Last July, U.S. Trade Representative Bob Zoellick delivered a halftime pep talk to dispirited globalists, thrown on the defensive by the hemorrhaging of U.S. manufacturing jobs.

"What ... a surprise," Zoellick railed at his troops, "to see that the proponents of [free trade] ... have so often abandoned the debate to the economic isolationists and purveyors of fright and retreat."

But by September, Zoellick's own boss seemed to be drifting toward the camp of the "economic isolationists and purveyors of fright."

At a rally in Ohio, which has lost 160,000 manufacturing jobs since mid-2000, President Bush railed: "We've lost thousands of manufacturing jobs because production moved overseas. ... America must send a message overseas – say, look, we expect there to be a fair playing field when it comes to trade."

Yes, friends, at long last, we have their attention.

What's behind this radically revised presidential rhetoric? It is this: U.S. manufacturing jobs are vanishing, and unless he turns it around, Bush's presidency may vanish along with them.

The numbers are breathtaking. Manufacturing jobs have been disappearing for 37 straight months. Not since the Depression have we lost production jobs three years in a row. Since 2000, one in every six manufacturing jobs, 2.7 million, has disappeared. These jobs paid an average wage of $54,000.

Unfortunately for President Bush, while he has a good heart, he was horribly miseducated at Harvard. He simply cannot comprehend that it is free-trade globalism that is destroying U.S. manufacturing jobs, and may yet destroy his presidency.

The serial killer of manufacturing jobs is imports, which are now equal to almost 15 percent of GDP, four times the level they held between 1860 and 1960. What has caused this flood of imports? The trade deals that people like Robert Zoellick negotiate and George W. Bush celebrates.

Consider the numbers.

In July alone, the United States exported $86.1 billion in goods and services. But we imported $126.5 billion, for a trade deficit of $40.4 billion. The total trade deficit for 2003 is estimated at between $480 billion and $500 billion. But the deficit in goods will run closer to $550 billion.

The president's father and Bill Clinton contended that every $1 billion in exports created 20,000 jobs. Thus, a $550 billion trade deficit kills 11 million production and manufacturing jobs.

Say goodbye to blue-collar America.

What is the Bush prescription for curing this metastasizing cancer? In Ohio, he declared, "See, we in America believe we can compete with anybody, just so long as the rules are fair, and we intend to keep the rules fair."

How, Mr. President?

Consider the nation that runs the largest trade surplus with us. In July, we bought $13.4 billion in goods from China and sold China $2.1 billion. U.S. imports from China this year should come in around $160 billion, and U.S. exports to China at $25 billion.

We will thus buy 10 percent of the entire GDP of China, while she buys 0.25 percent of the GDP of the United States. Is this "fair trade"? But how does Bush propose to close this exploding deficit? How can he?

Where a U.S. manufacturing worker may cost $53,000 a year, a factory in China – with $53,000 and using the same machinery and technology as a U.S. factory – can employ 25 reliable, intelligent, hardworking Chinese at $1 an hour.

If you force U.S. businessmen to pay kids who sweep the floor a $5-an-hour minimum wage, while their rivals pay highly skilled Chinese workers $1 an hour, how do you square that with the 14th Amendment's guarantee of equal protection of the laws?

Does the president, when he goes on about keeping "the rules fair," mean he will insist that China start paying its skilled workers $25 an hour and subject their factories to the same payroll taxes, wage-and-hour laws, OSHA inspections and environmental rules as ours?

Beijing will tell him to go fly a kite, Made in China.

It is absurd to think we can force foreign nations to accept U.S. rules and regulations on production and American standards on wages and benefits. And why should foreign nations comply, when – with their present policies and laws – they are looting our industrial base and walking away with our inheritance?

The men who have custody today of what was once the most awesome manufacturing base the world had ever seen are ideologues, impervious to argument or evidence. Like the socialists of Eastern Europe, zealots like Zoellick are beyond retraining. They are uneducable. They have to go. The sooner they do, the sooner we can get about rebuilding the self-sufficient and sovereign America they gave away.


TOPICS: Business/Economy; Extended News; Foreign Affairs; Government
KEYWORDS: bush; china; deficits; manufacturing; minimumwages; ohio; trade; zoellick
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To: Gargantua
Arguing the economics of this thread ignores the more vital issue at hand, which is National Security, not economics.

-----------------------

Good point. However, the type of national security may not be the kind you envision. If we keep screwing with the people in this country with the haughty attitude of let them eat cake while we do it, we are going to force the people into a bloody revolution.

121 posted on 09/17/2003 9:50:43 AM PDT by RLK
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To: Theodore R.
ping to read later
122 posted on 09/17/2003 9:51:19 AM PDT by Puddleglum
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To: Gargantua
Actually economics has a significant importance from a supply/demand point of view. Capital investment has been "flowing" to third-world countries at record levels since 1996. Capital investment is the whole point of "trickle-down" economics.

If businesses do not spend their money domestically then new jobs/businesses are not created. Dawg argues that an increase in capital creates jobs, I say capital may be increasing but it's being reinvested overseas. So trickle-down is working, it's working for India and China. Reagan would not be happy.
123 posted on 09/17/2003 9:52:03 AM PDT by RockyMtnMan
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To: Euro-American Scum

OPEN ASSIGNMENT
MISSION TO SAVE AMERICAN JOBS
September 17, 2003

President Bush:

Mr. President your mission, should you decide to accept it, is to recover the 3+ million jobs lost on your watch. You are to find where they went, recover them, and prevent this from happening again.

You have until November 2004 to complete this mission.

If you choose not to accept this mission, or are incapable of performing, don't run in the GOP Primary so another Republican can accept this important mission for America.

American Citizen Voter

PS Ronald Reagan was the last Republican to understand. Ross Perot sent a warning to your Dad but since then all we hear is the mantra, 'Perot gave us Clinton'. Actually your Dad gave us Perot.

124 posted on 09/17/2003 9:52:18 AM PDT by ex-snook (Americans needs PROTECTIONISM - military and economic.)
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To: Lazamataz
China_Dawg, do you realize you have never said one substantial thing on any of these threads? Just insults and slurs.

I have. Plenty of times. You people just know very little about economic law though sadly. I've said on here before... the day I meet one successful capitalist conservative in real life that supports banning people from lawful trade, I will think about your points. I know lots of rednecks and union workers that agree with you. No serious people though.

125 posted on 09/17/2003 9:52:48 AM PDT by Texas_Dawg
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To: RockyMtnMan
Where is capital being invested as a result of cost savings/higher returns made from offshoring?

No worries, undoubtedly it will be invested in new labor-saving plant & equipment... as soon as the deluge of cheap third world labor currently being encouraged to flow into the US dries up.

126 posted on 09/17/2003 9:53:20 AM PDT by skeeter (Fac ut vivas)
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To: Texas_Dawg
Arguing the economics of this thread ignores the more vital issue at hand, which is National Security, not economics.

A robust economy is a placebo if your freedom and way of life is the price you pay for that 'economy.' Those who would trade their freedom for security (or for a good economy) will receive neither.

More pointedly, a 'good' economy where America's manufacturing base disappears is not a 'good' economy for America. Period.

127 posted on 09/17/2003 9:53:45 AM PDT by Gargantua (Embrace clarity.)
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To: ex-snook
Haha. Thanks, Cletus. That is one of the stupidest things I've ever seen. I love when you post that though. It's hilarious.
128 posted on 09/17/2003 9:53:55 AM PDT by Texas_Dawg
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To: ex-snook
PS Ronald Reagan was the last Republican to understand. Ross Perot sent a warning to your Dad but since then all we hear is the mantra, 'Perot gave us Clinton'. Actually your Dad gave us Perot.

---------------------

Thank You.


129 posted on 09/17/2003 9:55:01 AM PDT by RLK
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To: Gargantua
I support trade restrictions in the name of national defense (i.e. the Cuban embargo). This whining about China though is all about a bunch of pathetic, lazy, union workers and their non-union friends, wanting federal job protection at everyone else's expense. I think they and their beloved unions should be crushed.
130 posted on 09/17/2003 9:56:17 AM PDT by Texas_Dawg
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To: Recourse
Every job saved also means a family saved.

Has it ever dawned on you that the destruction of low to semi skilled stable industrial jobs means and has meant a permanent and growing underclass ? That the advent of globalism in the early 70's destroyed precisely those jobs that would have enabled Blacks to work their way out of the ghetto the way the Irish and Italians did ?
131 posted on 09/17/2003 9:56:22 AM PDT by Tokhtamish (Free trade ! Cheap Labor ! Cheap Life ! Cheap Flesh !)
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To: rightbanker
Can't say I disagree with anything you said, except the bit about a social safety net. It would be nice to be able to have something to fall back on when the job goes away, but it's not the gov'ts responsibility.
132 posted on 09/17/2003 9:56:27 AM PDT by BMiles2112
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To: Texas_Dawg
I have. Plenty of times.

Point me to anything you have written that can be considered remotely scholarly, where you procede from premises to a conclusion, or cite the works of preeminant economists.

Thrill me. Show me that one post.

133 posted on 09/17/2003 9:56:42 AM PDT by Lazamataz (I am the extended middle finger in the fist of life.)
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To: A. Pole
9/11 came in awfully handy, haven't it?

You can say that again.

134 posted on 09/17/2003 9:57:06 AM PDT by riri
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To: rightbanker
We do have a problem here. Of course there are many factors, but let me just highlight intelligence/ability/skill combined, whatever you want to call it.

We are in a bell curve. Manual labor jobs that can be done elsewhere will be done elsewhere in the new economy. What happens to the people who do not have the intellect to retrain?

I am not talking about retarded people. I am referring to those who made it through high school, with a struggle. Studying for 2 hours at night, when a higher intellect could get by with 15 minutes and perform better.

In a purely capitalistic system, with no safety net, we would just say oh well. The safety net is actually going to be growing larger.

Before, a person who had good values, and was willing to work hard, could support themselves, even if they were this person. They could do assembly line work of varying degrees of complexity. If that goes, you have alot of angry young men, who genuinely have no place at the table. It's a fact.

Even if you agree that we should allow these jobs to go over seas because quite honestly, it can be done cheaper by the same type of guy in a city in China. You still have this unemployed/underemployed guy here.

Some here, think telling these people "to put ice on it" will solve the problem, but I think it will actually be a great crisis.

It isn't just trade here. We already have rudimentary robots that cut grass, and vacuum. In a generation, with Moore's law, you can extrapolate what is going to happen with the lawn/maid services industry. It will be more efficient, and less obtrusive to have machinery doing menial labor, yet the people who have menial labor skills will simply not drop off the face of the earth. What is to be done with them? Seriously.

I am not opposed to immigration. I am a first generation american. My father is a blue collar worker, who will probably lose his Boeing subcontracting job this year or next as Boeing has plans to lay off their US work force and do more work in China.

What do you do with people like this? The tricky problem is democracy. We are a republic, but a democratic republic. A democracy is 2 wolves and 1 chicken deciding what to have for dinner.

If we, who have, do not "make work" for those who don't, they will vote for our money instead. IMHO, this talk about free trade just touches the surface of what the future is about to hold, and I find it grim. The digital divide will become the grand canyon. Unless we bribe the have nots with welfare, health care, etc, we have a problem. We will have a problem paying for all those give outs as well.

What politician has the guts to say that if you aren't a college graduate, chances are that your future is going to be extremely bleak in a generation. If you have an IQ of 85, your ability to produce anything will not be cost efficient and any job you get will be basically charity.

Telemarketing companies may be blowing smoke, but they do believe that 2 million workers in that industry will be layed off when the national DNC list comes into effect. Where will these people go, other than into other service industries, further depressing wages? It is a race to the bottom.

End of long disjointed rant.

135 posted on 09/17/2003 9:57:25 AM PDT by dogbyte12
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To: RLK; ex-snook
Thank You.

Bush will win easily in 2004. Do either of you want to bet me on this or are you all talk?

136 posted on 09/17/2003 9:57:33 AM PDT by Texas_Dawg
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To: Texas_Dawg
That still doesn't explain the impact on the economy when businesses do not invest domestically. Trickle-down doesn't work unless investment happens at home. Being versed in economics this should be blindingly apparent to you.

All your advocating is the consolidation of wealth into a select group of large multi-national corporations. These companies have no desire to create new startups at home to compete with them. As a result offshoring has become a God-send to them, they save on labor and they deny American borne competition. Their revenues increase because their margins have gotten bigger from the cost savings and there are no "little guys" to compete with.
137 posted on 09/17/2003 9:58:04 AM PDT by RockyMtnMan
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To: Texas_Dawg
"That is one of the stupidest things I've ever seen. I love when you post that though. It's hilarious. "

Great - enjoy another laugh for a while.

OPEN ASSIGNMENT
MISSION TO SAVE AMERICAN JOBS
September 16, 2003

President Bush:

Mr. President your mission, should you decide to accept it, is to recover the 3+ million jobs lost on your watch. You are to find where they went, recover them, and prevent this from happening again.

You have until November 2004 to complete this mission.

If you choose not to accept this mission, or are incapable of performing, don't run in the GOP Primary so another Republican can accept this important mission for America.

American Citizen Voter

PS Ronald Reagan was the last Republican to understand. Ross Perot sent a warning to your Dad but since then all we hear is the mantra, 'Perot gave us Clinton'. Actually your Dad gave us Perot.

138 posted on 09/17/2003 9:58:14 AM PDT by ex-snook (Americans needs PROTECTIONISM - military and economic.)
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To: Texas_Dawg
Haha. Thanks, Cletus. That is one of the stupidest things I've ever seen. I love when you post that though. It's hilarious.

Haha. This is one of your scholarly posts, no doubt, China_Dawg?

How's the weather in your province today? Here in America, we are facing a hurricane off the East Coast.

139 posted on 09/17/2003 9:58:57 AM PDT by Lazamataz (I am the extended middle finger in the fist of life.)
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To: Texas_Dawg
It doesn't matter to the paleo-cons and the other whiners. They are casting an eye towards Washington, DC for salvation.

The paleos seek tariffs.
The lefites seek handouts.

Both have accepted the concept of government intervention in the economy. They just differ on the details.
140 posted on 09/17/2003 9:59:27 AM PDT by hchutch (The National League needs to adopt the designated hitter rule.)
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