To: Billthedrill
2 posted on
01/21/2014 7:45:27 PM PST by
Publius
("Who is John Galt?" by Billthedrill and Publius now available at Amazon.)
To: TurboZamboni
Article by: RAMESH PONNURU , Bloomberg News
Consider the source alert?
Free trade is a fine thing to aspire to, but it has to be completely bilateral to work. If you have one partner acting in good faith, but the other either openly or tacitly playing at mercantilism, then they are setting the de facto terms-of-trade for both parties. It also doesn't work out so hot between cultures with vastly disparate values.
We have huge differences in immigration, property, labor, and regulation with places like China, India, and Mexico. I really wouldn't want to live in any of those places. If we keep our markets open to them, we'll eventually import their culture.
Free trade looks great on paper. In practice, it's economic and cultural suicide.
3 posted on
01/21/2014 8:05:16 PM PST by
CowboyJay
(Cruz'-ing in 2016!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson