Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mad Dawgg
Thank you for your recent response, and for bumping this thread.

Time constraints prevent me from investing time in crafting extensive responses to proponents of so-called free trade. Nevertheless, I will not leave you mired in an outdated and misguided economic philosophy without first providing you some resources whereby you may extricate yourself. The links listed below will help your thinking to evolve beyond the outdated and erroneous concepts of the self-trained amateur economist David Ricardo, the originator of the free trade concept who died in 1823.

PCR_1

PCR_2

PCR_3

KM

LD

In fact, free trade is a global welfare system intended to transfer wealth from the U.S. and her people to the third world. An example of their scheme can be viewed here

You should also be aware that China and India, despite their whining protestations to the contrary, are no longer poor. China, in fact, is right behind the U.S. in terms of GDP. Think what this implies for the future as China's military becomes stronger. You can read more here

I look forward to the day when those who have favored free trade recognize the error of their ways. They will cease to promote the U.N.'s global welfare schemes. They will abandon the path favored by Karl Marx. They will instead embrace America and her people.

97 posted on 06/07/2004 4:36:13 PM PDT by neutrino (Everybody, soon or late, sits down to a banquet of consequences. Robert Louis Stevenson.)
[ Post Reply | Private Reply | To 93 | View Replies ]


To: neutrino; Mad Dawg; VaBthang4
Think what this implies for the future as China's military becomes stronger.

A bloodier civil war when the Gods of the Copybook Headings start reminding China about the consequences of one child per family.

99 posted on 06/07/2004 4:40:28 PM PDT by Poohbah ("Mister Gorbachev, TEAR DOWN THIS WALL!" -- President Ronald Reagan, Berlin, 1987)
[ Post Reply | Private Reply | To 97 | View Replies ]

To: neutrino; Mad Dawgg; Poohbah
You should also be aware that China and India, despite their whining protestations to the contrary, are no longer poor. China, in fact, is right behind the U.S. in terms of GDP. Think what this implies for the future as China's military becomes stronger.

You've got to be kidding! China's GDP on PURCHASING POWER PARITY is $6 trillion. In NON-PPP terms their GDP is barely $1 billion. Similarly, India's GDP in PPP terms is $3 trillion but only $600 million in real DOLLAR terms.

And forget about overall GDP -- they've got a population of 1 billion each, that's what jacks up their GDP. Their GDP PPP PER CAPITA is only $4,700 and $2,600. In actual dollar terms that means each person in China earns on average only $800 per year and in India, that is only $500. In comparison, the US per capita is $36,500 in actual dollar terms

To call India and China RICH is really laughable.
351 posted on 06/10/2004 6:42:22 AM PDT by Cronos (W2K4!)
[ Post Reply | Private Reply | To 97 | View Replies ]

To: neutrino

Furthermore, these two countries would take decades to even reach near the levels of prosperity we enjoy in the west -- it would take China about 30 years and India at least 50. AND that is assuming that their level of growth continues uninterrupted for all that time.


352 posted on 06/10/2004 6:43:35 AM PDT by Cronos (W2K4!)
[ Post Reply | Private Reply | To 97 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson