To: hedgetrimmer
I never said that government did not exact costs, especially regulations. Straw dog. It is nonsense to think that property would be "valued at some third world" marketplace, because to a large degree products have always been valued by other countries' demand.
American demand has NOT set the value for American goods exclusively in the last 200 years, if ever. Indeed, Britian was a major purchaser of our iron before iron tariffs, and U.S. cotton exports were almost always valuled by overseas customers.
The value of all/any products has always been and will always be determined by the market, period. That means whoever and whatever uses it. That should make you happy, because Ameriacn goods, despite the premiums built in by enviro laws, etc., are still the best in the world and will command an appropriate price.
136 posted on
08/03/2003 1:54:47 PM PDT by
LS
To: LS
Well you seem to be happy that American wages are now valued relative to a third world marketplace, and they are "racing to the bottom" as we speak.
In time, real estate values will do the same, because at third world wages, no Americans will be able to invest in real estate. Or, investors from foreign countries will come in and snap up all the real estate, when America no longer produces Americans who can afford to do so.
Regulations are not "straw dog". They are the cost of doing business here. They make us less competitive with the third world. They are the big government interfereing with the marketplace. Why don't you call to remove all government regulation on business since it is in conflict with your premise that individuals can creat their own value (without the help of government)
To: LS
Oh, and if "individuals can creat their own value" why did Senator Diane Feinstein help create OPIC? So that she as an invidual can create her own value, or because having the government defend her property rights in a foreign country (by taxpayer paid calamity insurance) makes her risky and unwise investment in communist China a sure bet?
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