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Let the whining start.
1 posted on 08/19/2003 3:14:19 PM PDT by MonroeDNA
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To: Ben Ficklin; theFIRMbss; .cnI redruM; Capitalist
Bump!
2 posted on 08/19/2003 3:45:23 PM PDT by MonroeDNA (No longshoremen were injured to produce this tagline.)
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To: MonroeDNA
OK. The first FAQ question is disengenuous. Very few Americans are worried about the "race to the bottom" affecting the wages of foregin workers, rather, we are worried about the "race to the bottom" affecting our wages.
3 posted on 08/19/2003 3:48:49 PM PDT by Rodney King (No, we can't all just get along.)
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To: MonroeDNA
Does free trade force countries to make economic gains at the expense of their cultures?

The whole concept of "preserving culture" is premised on the notion that it is both valuable and endangered.

I would say that it is very valuable, if culture includes respect for property, not giving little girls clitorectomies, not hacking peoples limbs off, not stinking like crap, etc.

4 posted on 08/19/2003 3:50:05 PM PDT by Rodney King (No, we can't all just get along.)
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To: MonroeDNA
Free trade is a boon to the US manufacturing base, which is alive and thriving according to statistical evidence

Which evidence is that?

5 posted on 08/19/2003 3:50:51 PM PDT by Rodney King (No, we can't all just get along.)
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But, in general, the protective system of our day is conservative, while the free trade system is destructive. It breaks up old nationalities and pushes the antagonism of the proletariat and the bourgeoisie to the extreme point. In a word, the free trade system hastens the social revolution. It is in this revolutionary sense alone, gentlemen, that I vote in favor of free trade.

~Karl Marx, "On the Question of Free Trade" - January 9, 1848

If there is anything clearly exposed in political economy, it is the fate attending the working classes under the reign of Free Trade. All those laws developed in the classical works on political economy, are strictly true under the supposition only, that trade be delivered from all fetters, that competition be perfectly free, not only within a single country, but upon the whole face of the earth. These laws, which A. Smith, Say, and Ricardo have developed, the laws under which wealth is produced and distributed — these laws grow more true, more exact, then cease to be mere abstractions, in the same measure in which Free Trade is carried out. And the master of the science, when treating of any economical subject, tells us every moment that all their reasonings are founded upon the supposition that all fetters, yet existing, are to be removed from trade. They are quite right in following this method....

Thus it can justly be said, that the economists — Ricardo and others — know more about society as it will be, than about society as it is. They know more about the future than about the present. If you wish to read in the book of the future, open Smith, Say, Ricardo. There you will find described, as clearly as possible, the condition which awaits the working man under the reign of perfect Free Trade. Take, for instance, the authority of Ricardo, authority than which there is no better. What is the natural normal price of the labour of, economically speaking, a working man? Ricardo replies, “Wages reduced to their minimum — their lowest level.”...

Either you must disavow the whole of political economy as it exists at present, or you must allow that under the freedom of trade the whole severity of the laws of political economy will be applied to the working classes. Is that to say that we are against Free Trade? No, we are for Free Trade, because by Free Trade all economical laws, with their most astounding contradictions, will act upon a larger scale, upon a greater extent of territory, upon the territory of the whole earth; and because from the uniting of all these contradictions into a single group, where they stand face to face, will result the struggle which will itself eventuate in the emancipation of the proletarians....

~Frederick Engels, The Free Trade Congress at Brussels, October 9, 1847


7 posted on 08/19/2003 4:07:36 PM PDT by Willie Green (Go Pat Go!!!)
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To: MonroeDNA
By contrast, national sovereignty is threatened in the absence of WTO rules, where market barriers or sanctions by one country against another are more likely.

Say what?

9 posted on 08/19/2003 4:13:48 PM PDT by HiTech RedNeck
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placeholder
10 posted on 08/19/2003 4:18:07 PM PDT by stainlessbanner
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To: MonroeDNA
Imports do not cause a net loss of jobs in a nation’s economy. Imports may displace some workers in less competitive industries, but the overall level of employment is determined by monetary policy, labor market flexibility and other non-trade factors.

This is all I need to read to know that this is pure agit-prop.

You mean, our less competitive enterprizes such as computer software development, medical image analysis and financial analysis?

11 posted on 08/19/2003 4:26:46 PM PDT by Lazamataz (I'm pretending I'm pulling in a TROUT! Am I doing it correctly?)
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To: harpseal
Here is a treasure-trove of indexable Unfair-Trader arguments.
12 posted on 08/19/2003 4:28:08 PM PDT by Lazamataz (I'm pretending I'm pulling in a TROUT! Am I doing it correctly?)
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To: MonroeDNA
The proof is in the pudding ---- we don't need "theories". We have the cold hard facts of the free trade economy staring us in the face: giant trade deficits, double digit unemployment in many parts of the country, large welfare rolls and the "NAFTA displaced worker" programs, massive immigration of indigent people from those countries expected to benefit most with NAFTA, state budget deficits never before imagined, unstable stock market and a social security system about to see some big cuts.
18 posted on 08/19/2003 4:52:45 PM PDT by FITZ
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To: MonroeDNA
And I left out this one Personal bankruptcies at record pace as well as rising home foreclosure numbers.
19 posted on 08/19/2003 4:55:48 PM PDT by FITZ
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To: MonroeDNA
"The H-1B Straitjacket: Why Congress Should Repeal the Cap on Foreign-Born Highly Skilled Workers"

So please reiterate, given the above, why anyone should believe that the CTPS is nothing more than a gladhandling shill front for multinationals, 100% divorced from everyday reality circa 2003, and intent on elevating multinational corporations and their profits above national sovereignty and individual freedoms and quality of life.

27 posted on 08/19/2003 5:22:35 PM PDT by SteveH
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To: MonroeDNA
Free trade is a boon to the US manufacturing base, which is alive and thriving according to statistical evidence. Now thats funny or just plane bs.
46 posted on 08/19/2003 6:50:39 PM PDT by cp124
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To: MonroeDNA
Free Trade FAQ’s:
Is night really day?
Yes, night is really day.
Is up really down?
Yes, up is really down.
Is wrong really right?
Yes, wrong is really right.
47 posted on 08/19/2003 6:55:28 PM PDT by thtr
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To: MonroeDNA
So many lies - Just some from the first section…

“wherever globalization has taken hold, there has been a measurable improvement in incomes and working conditions” Like Thailand, Cambodia, Columbia, Venezuela….

” Western businesses know that treating workers poorly is bad for business back home” I guess firing American workers and replacing them with cheap foreign labor does not count as “treating workers poorly”

” American consumers demand that US companies respect worker rights, and US companies producing abroad pressure their local suppliers to do the same-a truly virtuous cycle” Oh yes, those women and children in the Vietnam sweatshops have American corporations looking out for their benefit.

48 posted on 08/19/2003 7:15:53 PM PDT by thtr
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To: MonroeDNA
Let's assume a 15% tariff on all foreign goods. Here's what I think would occur as a result.

1) Domestic producers come under immediate pressure to raise their prices by 15% as well.
a) All their employees expect a 15% raise.
b) All of their subcontractors and suppliers know the money is out there and immediately charge a 15% above previous rates.

2) Every consumer in the economy now has to pay 15% for everything they buy.

3) Every foreign country we do business with takes immediate offense and tariffs us by at least 15%. The ones that don't particularly like us make it 30% out of spite.

4) As a net result the following occur.
a) Intrest rates decrease because our tariff regime chased out foreign capital. US banks can and do charge more for the use of their money. Fewer marginal firms can afford credit and therefore are no longer able to debt finance. No investment means no new jobs.
b) Prices increase across the board and wages stay stagnant or decrease as a result of the increased cost of credit and capital.
c) Standards of living go down as the US economy contracts until it reaches an equilibrium.
55 posted on 08/20/2003 7:30:26 AM PDT by .cnI redruM (The Problem With Socialism Is That You Eventually Run Out Of Other People's Money - Lady Thatcher)
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To: MonroeDNA
Is immigration bad for average Americans?

Immigration has been good for the US economy and the average American worker. Foreign-born workers fill gaps in the labor force where demand is greatest,

I take it the guy who wrote this doesn't know about California, or is using some sort of a map of the country from before Louis and Clark??

66 posted on 08/23/2003 8:45:52 AM PDT by judywillow
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