To: Willie Green
The cost to protect each textile industry job makes all others pale in comparison- the price tag is roughly $1 mil. Yes, you heard me right. This comes straight out of an economics textbook. Let's do the right thing: let the free hand of economic competition sort it out, and let's offer re-training to the textile employees here so they can find new jobs. Protectionism- unless there are serious mitigating circumstances such as dumping- does not work.
To: jagrmeister
Let me ask question, what is cost of having free government that can do what needed and not black mailed by another that cut off all supply? Besides, China not practice free trade or free economic. It uses slave labor and blocks import of all but highest tech it can't get. What it can't think up, it steals and reverse engineers...Russian military hardware.
To: jagrmeister
and let's offer re-training to the textile employees here so they can find new jobs.I sat in public school next to many "future textile workers." They made little effort to benefit from the last time they were offered free training.
8 posted on
06/12/2003 1:42:41 PM PDT by
Onelifetogive
(Security, not freedom!!)
To: jagrmeister
Protectionism- unless there are serious mitigating circumstances such as dumping- does not work.Let's suppose for a minute you are looking for a used car. Someone desperately needs to get rid of just the one you want. He offers it to you for about 1/2 of wholesale. Should you be allowed to buy it??
What about the other people who are attempting to sell you a car at retail. It is not fair to them. He should NOT be allowed to dump his car on the market and harm other sellers.
9 posted on
06/12/2003 1:48:29 PM PDT by
Onelifetogive
(Security, not freedom!!)
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