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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: JNB
"We"? Sorry, too many things do not add up, you say you only make $40K a year, tide $4k of it every year, yet live right next to Times Square in Manhattan. First off, for being 25 years old and working in finance and supposedly having a degree, $40K even in cheaper cities such as St Louis and Louisville is low pay, in Manhattan, its poverty level. You also make dozens of posts every day during working hours, somthing most employers would not tolerate, yet talk about those "Muricans" like they are beneath you even though you are clearly using company time and resources to make your dozens of FR posts every day.

You're pretty good. I can't say I really know anything about you other than that you live in a fishing town (or, whatever) and that you are very, very, very Catholic (what else is new) and that you hate Bush and capitalism.

421 posted on 09/17/2003 2:47:08 PM PDT by Texas_Dawg
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To: Texas_Dawg
"Then you and Willie and ex-snook and many, many others at FR should be very happy. "

I'm happy that Bush woke up and is agreeing with Buchanan. Now all Bush has to do is level that playing field that he built.

422 posted on 09/17/2003 2:48:23 PM PDT by ex-snook (Americans needs PROTECTIONISM - military and economic.)
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To: RockyMtnMan
I'm a Reagan man myself, but he meant for trickle-down to trickle in the US not some far away land.

Can you show me any Reagan advisers that support higher tariffs? I can show you numerous Reaganites that are for free trade and who love GWB.

423 posted on 09/17/2003 2:48:49 PM PDT by Texas_Dawg
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To: Texas_Dawg
I am still waiting for your apology for insinuating that I approved of Auschwitz. I will wait along time for that I guess. You suck, you DU troll.
424 posted on 09/17/2003 2:49:57 PM PDT by dogbyte12
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To: ex-snook
I'm happy that Bush woke up and is agreeing with Buchanan.

He agrees with him about as much as he agrees with John McCain on campaign finance reform (which he signed into law). He's not dumb. He realizes that very few Americans understand economics and many are easily demagogued on this issue (you know... all those damn Mexicans and what not). Trust me... GWB is a little smarter than you. I can promise you that.

425 posted on 09/17/2003 2:51:01 PM PDT by Texas_Dawg
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To: dogbyte12
I am still waiting for your apology for insinuating that I approved of Auschwitz.

Haha. When did I do that? Are you feeling OK?

426 posted on 09/17/2003 2:51:38 PM PDT by Texas_Dawg
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To: Texas_Dawg
Trust me... GWB is a little smarter than you. I can promise you that.

Oh, so you are a liscenced psychologist as well as a day trader, and you administered a Stanford-Binet exam on both of them. Wow, you are a jack of all trades, and not a DU disrupter. My mistake.

427 posted on 09/17/2003 2:52:34 PM PDT by dogbyte12
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To: dogbyte12
At least I have a job. Do you?
428 posted on 09/17/2003 2:53:47 PM PDT by Texas_Dawg
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To: Texas_Dawg
Haha. When did I do that? Are you feeling OK?

Everybody who follows these threads knows it jerk. Maybe it was the Sieg Heil in response to my posts. Perhaps it was the merchant bit, perhaps it was the Ein Fuhrer posts. I dunno, maybe one of those.

DU TROLL ALERT

429 posted on 09/17/2003 2:54:03 PM PDT by dogbyte12
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To: Major_Risktaker
Well Pat B. was right about immigration in 2000 when he ran for election. The "Donald" call him a NAZI for his stance on immigration. If only the immigration policy from Pat Buchanan was inforced, 9-11 may not have happen.

How do you figure? Do you think the terrorists would have just given up if they couldn't have gotten visas? They could have WALKED across the Canadian border, snuck in inside a container ship, taken a boat ashore, etc.

About jobs, he is right again.

Don't you find it ironic that Pat is againt government intrusion into daily life and supports the limited view of government the Constitution provides for, and yet he wants the government to insert itself in private industry?

By the way who or what was that cartoon character next to Pat?

Like it said below the picture, Stimson J. Cat., star of the cartoon Ren 'n Stimpy. An underrated actor if there ever was one. (Hey, at least he never badmouthed the country) ;-)

430 posted on 09/17/2003 2:54:03 PM PDT by TomB
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To: Texas_Dawg
"GWB is a little smarter than you. I can promise you that. "

He sure is. And dumber than Buchanan, I can promise you that.

431 posted on 09/17/2003 2:54:14 PM PDT by ex-snook (Americans needs PROTECTIONISM - military and economic.)
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To: Recourse
ANYONE who is against capital investment in the US should be shot!

In just about every speach Reagan gave he spoke of creating jobs through trickle-down economics. His goal was job creation, if free-trade doesn't lead to job creation then he would have been against it. Just because it sounded like a good idea at the time doesn't mean it's a good idea now.

The question that must be asked is; Does free-trade lead to capital investment in the domestic economy? Without that investment by either US or foreign companies new businesses are not created. No new business, no new economic expansion. It's very simple, if the big multinational corporations do not spend some of the wealth acquired overseas domestically only they will benefit from the earnings.

Share prices may increase but without a strong consumer/investor base that won't matter.


432 posted on 09/17/2003 2:54:59 PM PDT by RockyMtnMan
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To: Texas_Dawg
At least I have a job. Do you?

You wanna bet, DU boy? That seems to be your level of sophistication.

433 posted on 09/17/2003 2:55:12 PM PDT by dogbyte12
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To: dogbyte12
Everybody who follows these threads knows it jerk. Maybe it was the Sieg Heil in response to my posts. Perhaps it was the merchant bit, perhaps it was the Ein Fuhrer posts. I dunno, maybe one of those.

And where in any of those did I say you approved of Auschwitz? I didn't think so. I do like your occasionaly vaguely veiled anti-Semitic posts though. They're funny.

434 posted on 09/17/2003 2:55:49 PM PDT by Texas_Dawg
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To: ex-snook
And dumber than Buchanan, I can promise you that.

Maybe so. A hell of a lot more popular and politically savvy than Buchanan though.

435 posted on 09/17/2003 2:57:20 PM PDT by Texas_Dawg
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To: RockyMtnMan
I take that back people like Texas_Dawg who trade equities will benefit, but then we all can't all be Dawg's or nothing will be produced.
436 posted on 09/17/2003 2:59:31 PM PDT by RockyMtnMan
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To: Texas_Dawg
As the Gipper says: There you go again.

If you read my posts, ya evil little DU troll, you should know that I endorse Sharon liquidating Arafat, to cease negotiating with the PA, and to liquidate any trouble makers. It is all part of my anti-semetism.

I used to be really angry at your loathesome race baiting, but I will allow everybody else to see you for what you are. You are a DU troll. Too bad you have been found out.

437 posted on 09/17/2003 2:59:58 PM PDT by dogbyte12
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To: JohnGalt
R. Reagan imposed tariffs.

I think El Presedente' Jorge Booosh should also.
438 posted on 09/17/2003 2:59:58 PM PDT by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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To: ninenot
Besides being a complete ass, Williams has a nice, fat, tenured post. Can't be fired.

He can if nobody can afford to pay tuition at his school because Daddy's or Mommy's job got outsourced overseas.

439 posted on 09/17/2003 3:02:14 PM PDT by mafree
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To: mafree
...or if people give up on college because entire career fields have been wiped out.
440 posted on 09/17/2003 3:03:43 PM PDT by RockyMtnMan
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