US plans tariff-free world

BBC ^ | 11/26/02

[nypokerface]

Bush can't be serious.

[Thane_Banquo]

I hope he is. Tariffs prevent the creation of value.

[nypokerface]

Wave our agriculture good bye.

[steve50]

He's series as a heart attack. The WTO needs to shift the tax base to a value added system. They get these sweetheart deals funded with tax dollars and we expect them to pay taxes on the inflated profits?

[me3]

If Bush would get rid of farm subsidies and tariffs, the world and the US would be much richer, healthier, and happier.

[Thane_Banquo]

Government subsidies have kept resources allocated to agriculture that could earn a higher return somewhere else.

[VMI70]

Odd--We recently raised the tariff on steel.

[avg_freeper]

"The US has also been pushing its plans for a Free Trade Areas of the Americas, which would encompass all the countries from Alaska to Chile."

When did Alaska secede?

[nypokerface]

I'm all for free trade. I do think it increases a countries wealth. But this plan will create a good bit of dumping. We would have to sacrifice the health of a few of our industries in order to get growth in many others.

[Mulder]

Welcome to the New World Order.

Once the economic boundaries are torn down, the political boundaries will be next, just as we are seeing now with the EU and NAFTA.

[sam_paine]

Wave our agriculture good bye.

As a third gen descendant of a farming family, I can tell you that small family farms may dwindle, but American Agriculture will not, and has not. My grandfather's farm is now leased to my cousins which farm 100x the acreage with larger more efficient machinery. Big deal.

It was nice to grow up around a family farm...but it was wholly inefficient and unreliable. One bad crop several times sent him out of business and back into carpentering because his risk was so high and his efficiency was so low...but I didn't know that when I was 5.

[sam_paine]

Welcome to the New World Order.

Do you really expect anyone to take such a statement seriously coming from someone with your screen name!! LOL!!

I have been screamed at many times on this board because it's a CONSERVATIVE forum! If you don't like FREE TRADE the go to DU where you belong!!!

HA. I always wanted to say that.... :-/

[sam_paine]

Odd--We recently raised the tariff on steel.

This talks about changes to a goal over 15 years, so why wouldn't some adjustment back and forth be expected to get to the transition?

If a car is coming at you across the dividing line, do you turn your car left or right to miss it, or do you stubbornly keep the steering wheel straight just to prove you're right?

[Mark Felton]

""A world of no trade and tariff barriers is the north star," "

odd turn of phrase....Masonic?

[unixfox]

Mr O'Neill said that world economic output would increase by $2 trillion (£1,3,00bn) if all trade barriers were removed.

2 TRILLION? Yeah right, I guess that means we get more crap from China and continue to lose jobs in the U.S.

[Bigun]

Bush can't be serious.

Oh he's serious! REAL serious in fact! Just imagine a FREE marketplace out there in which U. S made products (now free of the overburden of the Income Tax System because we will then have a CONSUMPTION based system) can compete fairly!

Mr. O'Neil is looking at the BIG picture and I applaude him for it! He's EXACTLY right on the mark!!

[A. Pole]

have been screamed at many times on this board because it's a CONSERVATIVE forum! If you don't like FREE TRADE the go to DU where you belong!

Wait a minute. DU types tend to like one world government and open borders, yes? So they are ahead of Bush on tariff-issue.

Conservatives by definition are those who want to preserve and protect the existing nations and borders. Globalism and free market fundamentalism are anti-conservative.

[Bigun]

2 TRILLION?

Actually I think it would be a MUCH larger number than that but you HAVE to see the WHOLE picture envisioned here!

1. No artificial trade barriers in the world and:

2: The U. S. has a CONSUMPTION based tax system rather than the communist inspired Income Tax system.

What do you REALLY think would happen to the U. S. economy if those two things came to fruition?