Posted on 04/18/2005 6:37:40 AM PDT by A. Pole
You mean, the quality of life as in what is offered by America's largest employer (outside of the government) WalMart?
In reality, this article proposes lowering the purchase power of Americans, therefore harming our citizens in every day life.
In reality, this article demonstrates the failures of free trade, not theory, as in your reality.
If there is such a connection between the trade deficit and employment, why is the unemployment rate not affected?
There is a connection between free trade and employment. Protectionists argue that free trade lowers the standard of living. Low unemployment demonstrates what everyone knows already, American workers are the best in the world and are willing to work three jobs to prove it.
Karl Marx was also a strong believer in a graduated (or progressive) income tax.
I know. That's one reason that I'm in favor of a national retail sales tax, or a flat tax, or practically anything other than the mess we have now.
"You mean, the quality of life as in what is offered by America's largest employer (outside of the government) WalMart?"
Exactly how is this a poor quality of life?
"In reality, this article demonstrates the failures of free trade, not theory, as in your reality.
Are you honestly claiming that by making products cost more, via adding a tarrif, that spending power is not reduced? If a product costs more, then we have to earn more to purchase that product, as a result quality of live is harmed, a direct harm to the citizens of the country charging the tariffs. That is not theory, regardless of your inability to understand it.
"There is a connection between free trade and employment. Protectionists argue that free trade lowers the standard of living. Low unemployment demonstrates what everyone knows already, American workers are the best in the world and are willing to work three jobs to prove it."
Unproven claims rarely are convincing.
>>"When the U.S. dollar declines against the Euro, the Chinese yuan declines against the Euro even if there is nothing in the Chinese economy that would otherwise cause such a decline."<<
China has complete control over the Yuan, it's their decision to peg or unpeg. The devaluation of the Yuan versus the Euro, because it's pegged to the dropping dollar, is again a boon to China - making its products even more competitive in the European market. And in a double whammy to European companies, because of the dollar drop - thus yuan drop - versus the Euro, China will now buy more from the US than from the Europeans, since the Dollar-Yuan rate remains unchanged. Europeans here in Shanghai are hoppin' mad about it.
Under these circumstances, why would China want to unpeg the yuan from the dollar?
The freedom of people in China is not my main concern. The ability of the United States to produce its own steel, ships, machine tools, microchips, and aircraft parts is. As I said, my primary objection to unlimited free trade is the damage done to our economic and national security by the loss of our manufacturing base.
The reason Cuba is still enslaved has nothing to do with trade policy and everything to do with Fidel Castro and his cronies. Dispose of them and Cuba's vibrant and creative people will make the country bloom. Likewise, as for the people of China, the only way they will ever be free is if the national socialist government in Beijing is destroyed. The best thing we could do for the Chinese people would be to pop off a nuke over Beijing and remove the taskmasters that dominate them. I fail to see how our lining the pockets of the Chinese military/industrial complex that keeps said government afloat promotes their freedom. Instead, we should arm ourselves against the Chinese government and force them to bankrupt themselves trying to match our military might. It worked with the USSR.
Even a blind hog occasionally roots up an acorn.
I don't disagree with the above. As I noted a couple posts ago, it's academic to talk about free trade as if it actually existed. It can only exist when both sides are "free." So, I am not as passionate about free trade as I am about the free market, for that pragamatic reason.
But as far as the concept of the free market goes, yes, I am passionately in favor. And the free trade concept too, by extension.
In other words, we can make sure we have a free market, we cannot do the same as easily with trade.
I usually don't agree with Buchanan.
I don't recognize the validity of the above statement. If there were one government, and it was one dedicated to freedom, one can imagine that it would allow a free market. OTOH, if it were operated as are most of the world's governments, it would be the opposite, based at some level on Central Planning.
Democrats don't understand the dynamic impact of taxes on the economy, either, so it must not happen.
How do tariffs enacted by congress in the US fall under your definition of central planning for world government? I thought tariffs were isolationist, protectionist? (In fact, they are and that is what is good about them.)
Democrats aren't the only herd animals.
First published in French as a pamphlet at the beginning of February 1848
Signed: Karl Marx {end}
Your acorn. You are actually comfortable agreeing with Marx, while professing to disagree?
Be clear; tell us that free trade with Cuba would not tranform Cuba. Come on, say it.
With all due respect, the free traders do have an answer. "Let em eat rice cakes." :-)
Absolutely and positively correct! Well stated!
Timing's interesting, eh? Tomorrow is Patriots' Day.
Ride to the sound of the guns!!!
Most of them don't even think there is a problem.
Marx was right. So was Perot. So is Buchanan. We have history and facts to prove it, yet you cling to your globalist trade theory like a liberal clings to taxes.
Adam Smith would regard the Bush Trade Doctrine as a 'how-to' manual for running a house of prostitution. Bush & Co., of course, are the madams.
It's your sons and daughters who actually are getting scre*&^ without any kisses...
I might say it.
With whom in Cuba will we be conducting this free trade?
I don't blame you for ignoring the facts in Buchanan's article.
Well, we're still waiting for the RedChinese consumer marketplace to emerge.
Might take another 50-100 years, but THEN the US will prosper, right?
Except by 50 years out, the knowledge of tool and die making will have completely evaporated in the US.
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