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To: sixmil
"This is not an example of international trade, not even interstate trade, this is nano-economics."

This was used in the article to contrast Free Trade in Capitalism and Socialism.

"This more than anything smacks of socialism. "

Protectionism doesn't protect wealth nor create it; It rations it out. ..Thats the part that smacks of socialism; Protectionism isn't Free Trade.


"It would certainly be nice to see this actually happen some day. "- in reference to the standard of living.

The U.S enjoys the highest standard of living in the world.

"Since this is in bold, I assume it is a major point. If so, then why waste your time trying to eliminate a 4-5% tax when there is the 35% income tax, 100% gas tax, 9% sales tax? Aren't you overestimating the damage tariffs are doing to the economy? "

This article is about Free Trade. Not the U.S's tax policies.
11 posted on 03/09/2004 9:53:46 PM PST by freebacon
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To: freebacon
Mostly non-sequitors, so let's look at some facts.

Maybe your definition for standard of living includes deaths per live births, but strictly talking money, here are the World Bank numbers:

GNP per capita 1999, Atlas method and PPP

Purchasing
Atlas power parity
methodology (international)
Ranking Economy (US dollars) Ranking Economy (US dollars)
1 Luxembourg 44,640 1 Luxembourg 38,247
2 Liechtenstein .. a 4 United States 30,600
3 Switzerland 38,350 6 Switzerland 27,486
4 Bermuda 35,590a 7 Singapore 27,024
5 Norway 32,880 8 Norway 26,522
6 Japan 32,230 9 Iceland 26,283
7 Denmark 32,030 12 Denmark 24,280
8 United States 30,600 13 Belgium 24,200

I don't know how you can say we have the highest standard of living in the world any more. Maybe for a collection of states, but that depends on how you define the United States of Europe.

17 posted on 03/09/2004 10:52:48 PM PST by sixmil
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