Replies

12/16/02: Lott's Lot
12/02/02: Why Most Teachers Are Leftists
11/25/02: Appreciating The Thanksgiving Holiday
11/18/02: Of Roses And Rossums: Real Crime Out-Performs Fictional Network-TV
11/11/02: Election 2002: Not Exactly A Surprise
11/04/02: Myth America Part 2: Voting
10/28/02: None Dare Call For A Crusade
10/21/02: Sniping In DC — Your Tax Dollars At Work
10/14/02: What's More Important Than The Kids? Just About Anything!
10/07/02: Myth America, Part 1: Diversity
09/30/02: The Catholic Church: There's Bad News And There's Good News
09/23/02: The City Of Angels And Edifice Wrecks
09/16/02: Discredited Historian Doris Kearns Goodwin: Another September 11th Story
09/09/02: September 11, 2001: Until We Cure The Cancer At Home, The War Is Surely Lost
09/03/02: Baseball — The Final Solution
08/26/02: Life Imitates Art: Stephen King Forces Us To Take A Good Look At Ourselves
08/19/02: Patrick Chavis: Celebrating The Wonders Of Affirmative Action
08/12/02: Whatever Happened To The Best And Brightest?
08/05/02: Business As Usual Amidst The Bombs
07/29/02: Signs Of The Times – Or: Don't Get Fooled By The Hype
07/24/02: A Contrarian Looks At The Current Situation
07/15/02: Why Think For Yourself When You Can Take Comfort In The Prison Of Ideology?
07/08/02: Conflicting Role Models: The Master Of Unrepentant Greed And The Martyr To Virtue
07/01/02: Under G-d
06/24/02: Baby Steps On The Road To Hell
06/17/02: Godfather Gotti: A Father's Day Message From The Grave
06/10/02: Surprise! It All Comes Down To Mister Rogers
06/03/02: Cardinal Sins
05/28/02: Justice Delayed In Birmingham
05/20/02: Sniping At Bush From The Left: "By Their Fruits You Will Know Them"
05/13/02: The Church, The World, And Cardinal Law
05/06/02: California Fool's Gold: 460 Years After Juan Rodriguez Cabrillo
04/29/02: Denial, Nihilism, And Functional Atheism: Linchpins Of The Left
04/22/02: Movie Review: "Changing Lanes"
04/15/02: California Child Killer Gets The Death Penalty
04/08/02: It Was The Week After Easter, And All Through The World...
04/01/02: Suicide Bombers Finally Stop Useless Diplomacy In The Middle East
03/25/02: (Not) For Catholics Only: The Current Crisis In The Church
03/18/02: Paying The Price For Diversity
03/11/02: The Screen Actors Guild Saga: How Hollywood Treats Its Own
03/04/02: When Being PC Isn't Enough: The Public Demise Of Doris Kearns Goodwin
02/25/02: Globalization: Real Flesh And Blood Lives Are Being Messed Up
02/18/02: Catholics Betrayed By Their Leadership Too
02/11/02: A Civil Lent, A Christian Lent
02/04/02: The Count Of Monte Cristo

Thus, the American government, in trying to help

How much longer are we going to kid ourselves? The expression "only trying to help" leads to the next disingenuous expression. The "unintended consequences" as a result of "only trying to help". Ever unintended consequence serves somebody’s agenda.

The lesson offered and yet unlearned is that government is more than likely the problem, not the solution. Would it not be a valid observation that often the reason a solution is needed is because the government created the problem?

TRADE DEFICIT: Formally termed a balance of trade deficit, a condition in which a nation's imports are greater than exports. In other words, a country is buying more stuff for foreigners than foreigners are buying from domestic producers. A trade deficit is usually thought to be bad for a country. For this reason, some countries seek to reduce their trade deficit by--

establishing trade barriers on imports,

reducing the exchange rate (termed devaluation) such that exports are less expensive and imports more expensive, or

invading foreign countries with sizable armies.

The Road to Productive Wealth
The only true key to wealth lies in production. While you can increase your own wealth at the expense of others, we all become wealthier when productive resources are increased. Greater wealth for our economy lies in increasing the quantity or quality of productive resources -- labor, capital, and natural resources. This is done by investing in education, capital goods, research and development, and technology.
What works for our economy, can also work for each of us. You can acquire wealth by education, buying productive capital goods, inventing a new product, and assorted other improvements in productive resources.

A much more accurate description of the US Trade Imbalance essentially entails adding our "Services Accounts".

The US gleans a transaction fee from all type of transactions such as credit card purchases, telephone calls and other "services" passing through Satellites. This is why other governments have spent so much money to own/launch their spacecraft.

When you add other services that produce revenue, don’t forget Insurance, Telecommunications, Banking and even stocks…. These are areas which do not show up in “product trade statistics”.

If the world only knew how much the US made by controlling so many aspects of international trade and the avenues of the transactions, they would scream – it benefits the US to look like it is hurting in the trade department but when the final tally is taken the US comes out in the Black everytime.

I once had an argument with a girl from Canada who insisted that trade with the U.S. was bad for Canada. I asked her how. She said in two ways: first, the U.S. comes in and buys up all of Canada's natural resources, outbidding Canadian companies, who can't compete because the U.S. pays more than they're worth. Then, the U.S. uses them to make goods which it dumps back onto the Canadian market. The Canadian companies can't compete because the U.S. charges less than the goods are worth.

I pointed out that, to hear her tell it, the U.S. turns Canadian raw materials into products for Canadians, paying twice for the privilege...and the Canadians complain about the deal! The girl just gaped like a fish in response.

this article is written by a moron.

People are complaining about trade policies towards china, not japan. Maybe this guy is too stupid to know the difference.

The Chinese currency is set artificially low and fixed to the dollar. It has been that way for more than a decade and it has actually been devalued more than once during that time. In other words, all this idiot moron's analysis is completely meaningless with regard to china.

With a currency set artificially low as it is and not allowed to float, then our manufacturers don't stand a snowball's chance in hell to compete. Boeing, our #1 manufacturer and exporter, is now planning on exporting from Shanghai to the US its' future products. We are witnessing a complete meltdown of american manufacturing. The Chinese still refuse to buy our food. We have 5-1 ratio of chinese imports/american exports with china. It is unprecented in world history. The trade gap alone is 4.5% of our gdp, about 3 times what any other nation has experienced in world history.