Posted on 02/04/2009 2:40:10 PM PST by UCFRoadWarrior
The price of rice in Japan is something like triple that of the U.S. The price of beef is something like quintuple that of the U.S.
Their protection against importation of U.S. goods has a real cost.
That is impossible because Free Trade could never create American Manufacturing Jobs. See previous posts for proof.
(Is a < / sarc> tag really necessary?)
The middle class took it on the chin which is why the children health care act was signed today...so few jobs with benefits these days. Do you want Free trade or a Republic because you can’t have both...we will slide into socialism if something is not done to stem the loss of good jobs.
Loving that six figure "lowest part" for 20 years.
How you doin'?
They are not American manufacturing jobs...foreign company. However, they are a direct result of Reagan’s threats of tariffs.
The left is in power. We are about to lurch farther left.
This de-regulation you speak of. Is this some ancient custom of the 1980’s?
You miss the point...rather than one piece of the action so to speak, we would be better off to manufacture the entire software product-from start to finish.
I think the US have given up too much over the decades in situations that were far from free trade. We just gave Japan the electronics industry in the late '50s and '60s so they could rebuild their economy and become a strong Cold War ally. Then we opened our market to their autos in the late '60s and early '70s. And, as much criticism as could directed at the Big Three, there was nothing they could have done to offset the impact of Japan's entry into the US auto market. There was no new market to open for US auto makers, and Japan even kept theirs closed. Japan got the key to the auto market kingdom, and the domestics got nothing in return. There is a long list of such giveaways that damaged domestic industries.
But, people often want to plot various things against GDP from 1929 until the 1950s or so to illustrate whatever. I'd love to see the money supply plotted against GDP for those years. Have you ever come across such a graph?
Quite true...we could make much money in that market-too bad we are not allowed to...billions of American money lost in trade as usual.
"Plastics."
(To Dustin Hoffman, "The Graduate", circa 1964)
"But you see the Chinese Japanese will eventually make the software plastic gizmos as well or some other third world country will...this is the problem with trade as practiced today."
Your argument doesn't stand the test of time so well. The industry that will replace software hasn't been invented yet. So long as we don't let 0bamessiah and protectionists turn this country into an ossified dictatorship of the proletariat, we'll invent the next industry, and our kids will be rolling in that dough. Just don't kill the productive goose of motivation with the knife of protectionism.
I know that wasn't intended for me so I'll let it pass*.
Michigan is totally screwed, they have stupid greedy unions, a bad work ethic, Marxist politicians - one would have to crazy to invest there.
(But you might want to check McCain's DNA before you talk about 'getting into the Academy')
Foreign imports priced below their domestic price and sold in this country...drove steel out of business. You know this is true. You just think that American industry is not important.
It’s been fun. Good night.
The administration’s other response to the 1937 deepening of the Great Depression had more tangible results. Ignoring the pleas of the Treasury Department, Roosevelt embarked on an antidote to the depression, reluctantly abandoning his efforts to balance the budget and launching a $5 billion spending program in the spring of 1938,
Your point...is?
http://www.freerepublic.com/focus/news/2178473/reply?c=202
All economic indicators were up since 1934 on.
Trade is often used as a reward for those countries we like or want something from...a tool for foreign policy with no consideration of the effect on the economy or American business.
I didn’t say it would be a new product...the Japanese are great copycats...better hope they stay away from your business. China is attempting to drive American chip makers out of business at the moment...and so it continues.
Since I didn’t ask you about this...I have no idea what your point is...however, if you are trying to tell me that our current economic condition is a good one...then I would say there are lies, damned lies and statistics.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.