Replies

"Wise free trade policies are at least in part responsible for the growth you recognize. You can’t prevent business from fleeing a bad tax and regulatory environment by locking the trade doors."

That's true. But not all of our free trade policies have been wise. Some have been very unwise.

No amount of tax reduction and deregulation is going to allow our economy to compete with China's labor rate of $2/day with unfettered free trade.

And China doesn't exactly practice free trade, they keep the dollars earned from going back to purchase US goods, and use them to buy debt and more US companies. It's wise to make use of Chinese labor for unskilled tasks to the extent that it doesn't cause unemployment in the U.S., but it's not wise to have have complete free trade with them when they are not on economic parity with us, and they don't practice free trade in return.

That’s true. But not all of our free trade policies have been wise. Some have been very unwise.

You don’t need 1000 page treaties to implement a free trade policy. You need to burn 20,000 pages of regulations.

It's wise to make use of Chinese labor for unskilled tasks to the extent that it doesn't cause unemployment in the U.S., but it's not wise to have have complete free trade with them when they are not on economic parity with us, and they don't practice free trade in return.

You should be happy to know we don't have a free trade agreement with China.

The plastic bags I get from SYSCO are made in China. You need like zero employees to make bags. You pour plastic pellets into a hopper, start up the line, and out come the folded, rolled bags into boxes. Pallet them and ship them out. Labor costs are negligle. So how do they, with extra shipping costs ,come from China cheaper? Taxes, rules, regulations, the large federal and state and county paper pushers, eater out of our sustance. In short, China has a cheaper, more buisness, more wealth fredly, government.

Honestly, I wanted to ask you a question. Are you a big, big fan of the Section 8, Single mom with multiple father, public housing slum welfare state? How do you think it can exist without big gov? It can't. Forget the banks, think of what the finance ability of government does to welfare, make plantation slaves of first the weakest citizens, and then up the economic ladder. And when does it stop. Not for money reasons, but moral reasons. And if you de moralize a population, what do you think happens? Imagine a nation totally Detroitized. And that is my true reason for getting rid of the Fed. The money is the disease. The government is bad for people.