To: hedgetrimmer
No.
There is no net loss to our economy. Having American workers make expensive VCRs does not do us a bit of economic good. Havaing American workers make various other products out of component foreign products is smart business. The overall US economy continues to grow 3-5% each year. This is a massive global engine of growth that is roughly 13 trillion dollars in size.
The bigger our trade deficit, the more active and powerful our economy.
Do you really feel like you and our economy took a loss when you bought that chinese VCR for $25? You got a piece of technology that should cost $200 in American effort for 1/8 the cost. The economy and you were improved by this purchase.
To: lonestar67
The bigger our trade deficit, the more active and powerful our economy. So, if we shut down large exporters like Boeing and Hollywood then our economy would be even more active and powerful than it is today?
To: lonestar67
Having American workers make expensive VCRs does not do us a bit of economic good.>
Why is that?
The bigger our trade deficit, the more active and powerful our economy.
The more money is flowing out of our domestic economy, and the more unstable our economy becomes.
Do you really feel like you and our economy took a loss when you bought that Chinese VCR for $25?
Yes. See my tagline.
The economy and you were improved by this purchase.
No. The accounts of the corporations that oversee international money transfers were improved. The finances of the Chinese communists were improved. Global security was harmed. United States national security was harmed.
49 posted on
03/19/2006 6:33:10 PM PST by
hedgetrimmer
("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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