Posted on 12/28/2010 6:46:27 AM PST by Cringing Negativism Network
... Take, for example, the attitude of CEO Jeffrey R. Immelt of General Electric, the company now laying off hundreds of U.S. workers and giving those jobs making light bulbs to Chinese workers. He won't comment about the current U.S. case in the World Trade Organization accusing China of giving illegal subsidies to Chinese wind-turbine makers.
A few years ago, GE caved in to the Chinese government's demand that it build a large wind-turbine factory in China. Since GE owns a crucial patent for wind turbines, this demand was based on the Chinese anti-free trade policy called indigenous innovation (which China expert James McGregor calls "a blueprint for technology theft on a scale the world has never seen before").
China then developed its own wind-turbine manufacturers and is now directing purchasers to buy from those Chinese firms instead of from GE. That's the reality in what free traders naively believe is the world's fast-growing market for U.S. goods. ...
(Excerpt) Read more at wnd.com ...
"Tariffs"
Import tariffs, are long, long overdue. America needs to start looking out for America. First.
Aww.
How?
The tariff will raise the prices of their goods, which they will then pass on to their consumers.
Demand for some goods might decrease, at most.
I'd like to see the federal government funded almost entirely by tariffs. That has two benefits: We would trade less easily with countries that are not our friends, and the size of the federal budget would be dramatically less than it is now.
If the box stores are simply re-selling Communist Chinese imports.
What does it matter if they fail?
Seriously. Why care about them?
“Tariffs”
Two words:
“Trade War”
Corporate America -vs- The United States of America
Two more words:
BRING. IT.
Ping
Tax first, ask questions later.
Traitor.
Phyllis Schlafly is hot ping.
What’s funny is, I believe you’re actually trying to be sarcastic.
Thing is, you’re completely right in your statement.
We’ve tried this ‘free trade’ thing. In fact, we’ve stuck with it long past the point we should have slammed on the brakes. Clearly it’s not working.
Except, for the global strategic designs, of the Chinese Communist Party politboro.
It’s working quite well, for them. And the PLA.
For America’s future? Not so much.
The nice part is, Americans who actually had jobs would be able to afford the slightly higher prices that tariffs might cause.
“Free Republic discovers that there is such thing as a free lunch.”
Excellent article. The Communist Chinese play by only one set of rules...their own. Only a fool or an idiot would continue the charade of Free Trade with ChiComs. It is destructive for the US economy.
It is time to slap tariffs on the Communist Chinese.
"Some people foolishly call our relationship with China "free trade." But there is nothing free or fair about it. It is trade war between an aggressively protectionist communist government and a U.S. that is shackled by foolish and out-of-date illusions about free trade."
BTTT
Shoot, tariffs on trade are about the only truly constitutional means of raising revenue. Definitely more moral than a “progressive, gradated” income tax.
If the box stores are simply re-selling Communist Chinese imports.
What does it matter if they fail?
Seriously. Why care about them?
We have lost a lot more jobs in manufacturing than the big box stores will ever create. And, unlike the manufacturing jobs....the big box store jobs have led many to rely on government aid to make ends meet. The big box stores put more people on government assistance than the manufacturing jobs ever did. In many places, big box store employees are getting food stamps/EBT, Medicaid, and other assistance.
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