drop trade restrictions including tax and regulation on domestic business altogether
In the mean time.....
Posted on 01/30/2016 10:50:58 PM PST by Olog-hai
More than 1 million low-income residents in 21 states could soon lose their government food stamps if they fail to meet work requirements that began kicking in this month.
The rule change in the federal Supplemental Nutrition Assistance Program was triggered by the improving economy - specifically, falling unemployment. But it is raising concerns among the poor, social service providers and food pantry workers, who fear an influx of hungry people.
Recent experience in other states indicates that most of those affected will probably not meet the work requirements and will be cut off from food stamps. ...
(Excerpt) Read more at hosted.ap.org ...
Reduce the Burden on American business to a level below that in other countries and American business offshore will return and foreign business will relocate to America. Eliminate the government burden and the prosperity will exceed that of the post Reagan quarter century.
People hear about the low wages overseas but do not hear about the lower efficiency of the overseas worker but don not understand that American business works under a much more onerous load of imposed expense than does business in foreign lands. It is also natural and easy to blame the foreigners for stealing our business when we do not want to admit that we (the government) are doing it to ourselves. It is easier to gripe about furriners than it is to compete.
Yeah. and we just need to tone down our own march to Socialism a little and increase government control of everything to compensate for the effects of our government control.
Yeah. and we just need to tone down our own march to Socialism a little and increase government control of everything to compensate for the effects of our government control. We need to increase the contradictions and oxymorons in our system. That will do it.
The founding fathers put in import tariffs. So you if you want to label that as socialism and government control, then it’s the kind of socialism and government control our founding fathers were comfortable with and I’m okay with it.
They viewed it as promoting freedom. By taxing foreigners wanting to sell into our markets, they avoided taxing American citizens. And by protecting American industries, they strengthened America which has been a force for freedom in the world.
-Ambition
If you add in the VAT tax that almost all countries have plus the corporate taxes they pay then the USA is very competitive with other first world nations. Trying to compare US corporate tax rates without discussing the VAT other countries have and we don't have (yet) is disingenuous.
You can eliminate all taxes and regulations and the off shoring to the third world would go on unabated. Tariffs work well for many reasons. Learn US history and see how the nation prospered with out the income tax burden.
or get their nails done or corn rows in their hair..
They used tariffs as we might use them now, as the source of revenue for the government. They had no income tax. If we had no income tax now a uniform tariff on everything- no exceptions- would be justified. The tariff then was justified for trade because trade was unbalanced in the early days because American ships did not have the protection against Moslem pirates that English and French ships had.
Unintended consequences (for democrats) of understating the real unemployment rate.
Just don't pull a "Falling Down" type reaction.
You can get breakfast at Micky D's 24/7 now. All kidding aside I hope you get back on your feet real soon.
I would have pulled a can of black shoe polish out and rubbed it my face and said "How about now?"
The trade is unbalanced now.
By the way I understand the WTO agreements allow for the imposition of a tariff in the face of chronic trade deficits. So this would be a tool that President Trump could implement and/or use as a negotiating tool to get balanced trade agreements.
The only to reach and benefit from free trade is to simply drop trade restrictions including tax and regulation on domestic business altogether which will render the USA the most desirable location for businesses worldwide. The nation that adopts free trade in a world where other nations retain restrictions will benefit absolutely and relatively. Maintaining a consistent value of the dollar would add benefits on top of all that. Trade wars and currency wars damage every nation that participates. Studiously avoiding them benefits the nation that does not participate.
There are excerpts of the book at that site. Chapter 6 on the deliberately forgotten history of free trade is interesting.
There are excerpts of the book at that site. Chapter 6 on the deliberately forgotten history of free trade is interesting.
And wigs and hair weaves.
drop trade restrictions including tax and regulation on domestic business altogether
In the mean time.....
I read it. I have also read Adam Smith, Henry Hazlitt, Ludwig von Mises, Frederic Bastiat, Milton Friedman, John Maynard Keynes(tried to, anyway, his writing does not hang together and is logically nonsense, apart from the economic arguments he seems to be trying to make which are also nonsense), Ricardo, etc.
When England went to a regime of Free Trade in the 19th century England prospered as never before or since.
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