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US plans tariff-free world
BBC ^ | 11/26/02

Posted on 11/26/2002 6:21:19 AM PST by nypokerface

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To: sixmil
It is an economic fact that free trade benefits the general welfare. This is not a normative question. With free trade, the gain in value for consumers will always be greater than the loss in value to producers. It is a mathematical certainty. Any undergraduate-level Microeconomics book will show you the graphs.

General welfare and been counting evaluation are two VERY different things. I will give you example:

Imagine the society consisting of two families - one making 100K per year (doing some advanced staff) and second making 30K per year (doing some primitive staff). Then you introduce free market/free trade reform. As a result the more afluent family gains 30K and poorer family has to go by with 10K less. The total goes 20K up - and the whole economy goes up from 130K to 150K.

This is a huge gain from been counter point of view and a decline in general welfare as quality of life of richer people went up a little (or maybe not as they need to pay more for various side effects) while for the poorer people it is a disaster. And in the long run the income of the richer might decline as well as a result.

61 posted on 11/27/2002 6:12:36 AM PST by A. Pole
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To: Thane_Banquo; sixmil
This should have been addressed to Thane_Banquo. I am sorry, sixmil (your formating is sort of non-conventional)

It is an economic fact that free trade benefits the general welfare. This is not a normative question. With free trade, the gain in value for consumers will always be greater than the loss in value to producers. It is a mathematical certainty. Any undergraduate-level Microeconomics book will show you the graphs.

General welfare and been counting eveluation are two VERY different things. I will give you example:

Imagine the society consisting of two families - one making 100K per year (doing some advanced staff) and second making 30K per year (doing some primitive staff). Then you introduce free market/free trade reform. As a result the more afluent family gains 30K and poorer family has to go by with 10K less. The total goes 20K up - and the whole economy goes up from 130K to 150K.

This is a huge gain from been counter point of view and a decline in general welfare as quality of life of richer people went up a little (or maybe not as they need to pay more for verious side effects) while for the poorer people it is a disaster.

62 posted on 11/27/2002 6:16:19 AM PST by A. Pole
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To: nypokerface; 68-69TonkinGulfYatchClub; Mercuria; AnnaZ; agitator; amom; Alamo-Girl; madfly; ...
Only one reason makes sense for this...

Nothing is free.

There will never be a tariff free world, this is the biggest propaganda of a lie the U.N. (or whoever) has pulled.

We will still all pay the U.N. TOBIN TAX, and maybe the IRS will be dismantled and sheeples will cheer and accept the new 'pleasing' easy tax.

Read this article by Ron Paul

UN Planting the Seeds for a Coming Global Tax

U.N. Millennium Assembly Celebrates Arrival Of Global Governance


63 posted on 11/27/2002 6:21:38 AM PST by TaRaRaBoomDeAyGoreLostToday!
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To: All

FINANCING GLOBAL GOVERNANCE


64 posted on 11/27/2002 6:30:44 AM PST by TaRaRaBoomDeAyGoreLostToday!
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To: TaRaRaBoomDeAyGoreLostToday!
Thanks for the heads up!
65 posted on 11/27/2002 9:09:42 AM PST by Alamo-Girl
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To: steve50
Funny how "democracy" has become the word of choice for promoting Western style governments, our founders hated the idea of a democracy.

An example of a democracy is three wolves and a lamb voting on what's for supper. In a gobalist world we would be the lamb.

66 posted on 11/27/2002 9:22:58 AM PST by Slewfoot
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To: Einigkeit_Recht_Freiheit
Actually, I think the Arabs would be much more apt to vote Republican or its equivalent. They are really into social conservatism.

They have history of supporting governments that enforce islamic law, I guess that could be social conservatism in some circles.

Regardless, it would be a tough thing to advocate a democratic world government when the other governments of the world are not democratic.

A consitutional republic would be much more desirable, but we are having a series problem preserving one here now.

67 posted on 11/27/2002 10:00:35 AM PST by Slewfoot
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To: nypokerface
My fear is that our education system as it stands today would leave us ill-prepared to compete globally should world-wide free trade become a reality. We see this is the IT industry where upstart nations like India can perform services for a lot less than the US. The only way the US can keep its competitive advantage is if our employees are smart enough to justify the higher standard of living they enjoy relative to the rest of the world.
68 posted on 11/27/2002 10:06:35 AM PST by dfwgator
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To: TaRaRaBoomDeAyGoreLostToday!
Thanks an'a bttt.
69 posted on 11/27/2002 11:02:39 AM PST by amom
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To: dfwgator
The only way the US can keep its competitive advantage is if our employees are smart enough to justify the higher standard of living they enjoy relative to the rest of the world.

Americans are not that smarter. If the borders are abolished, the workers wages will gradually level out all over the world.

70 posted on 11/27/2002 1:23:05 PM PST by A. Pole
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To: Einigkeit_Recht_Freiheit
I'm sure that's probably the case. There would have to be a revolution in Japan before they give up agricultural subsidies/tariffs and that just isn't going to happen.
71 posted on 11/28/2002 8:33:00 PM PST by altair
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