03/10/2004 1:21:54 PM PST
· 5 of 57 freebacon
to Tumbleweed_Connection
"John Kerry has voted for higher taxes 350 times, and his numbers for new spending don't add up. His campaign-trail promises mean he is going to raise taxes by at least $900 billion."
Protectionist policies do little to ensure national interest, but very often erode it as economies stagnate. It is allways prudent for companies to chase the bottem line for their American investors, and their largly American consumers.
In addition, outsourcing grows global economies, and global markets, creating more opportunities for domestic industries. Protectionism doesn't protect wealth nor create it; It rations it out.
Outsourcing is bad for a few Americans and good for most of them.
"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.
This is Communist rhetoric, Marx's economic theory was outdated the day he wrote it. He wrote it over 150 years ago, and the social revolution already happened in Russia and various other countries. And it was a miserable failure. Not to mention the fact that it killed over 100 million people.
"Venezuela "has enough allies on this continent to start a 100-year war,"
We're very impressed Mr. Chavez, and frankly scared out of our minds. Who would ever even consider taking on the FEARSOME Venezuelan warrior; and his terrifying comrades.