Yeah! Here's to a smaller taxable base!! I can't wait til' my taxes hit the roof because the median salary is on it's way to the bottom. I wonder how much we'll be paying in social services to cover the wage difference?
Free trade is government subsidized labor, pure and simple. Corporations see the benefit and taxpayers foot the bill, tell me how that is sustainable.
We must maintain some kind of low income job market for those who will never "rise to the occasion" or you'll get the very socialism you rail against ala taxing everyone else.
Free trade is government subsidized labor, pure and simple. Corporations see the benefit and taxpayers foot the bill, tell me how that is sustainable.
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Amazing how many people just do not understand this glaring fact. And the term "government subsidized" always equates to TAXPAYER subsidized...
Though it is a waste of time since Corporate America owns the controlling interest in our government and through advertisement have brainwashed the sheep, it is worth repeating many,many times.
I suppose you think that if we raise the minimum wage to $100/hour that we would all be rich and your taxes would go down?
"Free trade is government subsidized labor, pure and simple. Corporations see the benefit and taxpayers foot the bill, tell me how that is sustainable."
Your statements are truly Orwellian. Free trade means *NO* Govt subsidies and taxes.
With high tariffs, Corporations get the benefit and consumers foot the bill.
BTW, the most severe depressions in this country - in the 1890s and 1930s- were started off when tariffs were raised unreasonably.
"We must maintain some kind of low income job market for those who will never "rise to the occasion" or you'll get the very socialism you rail against ala taxing everyone else."
Good heavens, it's really breathtaking to see this level of ignorance on the subject of economics. ...especially on FR!
If we had FREE trade, I would be ecstatic. We do not. FREE trade does NOT involve government in any form except to get out of the way. We have more the type of thing that Italy had under Mussolini. Ostensibly private companies dancing to the government's tune. Getting rid of the welfare "net" and getting GOVERNMENT out of the trading business (and no longer protecting certain favored companies and industries) would, indeed, lead to an economic rebirth and a sustained boom. Would that we could achieve that in my lifetime.