America Turning back to Protectionism

[Kidlicious]

Originally posted by Imran Siddiqui


No, are you? How long do you think it takes to build a factory? These people aren't standing around 5 years later waiting patiently for their factory to be built. It may be quicker to build a new factory that it would be retrofit a factory 'base' for what is required for a society after a world economic collapse. Hint, it probably won't be for what those manufacturing plants are used for now.

You have a D- understanding of economics and even business. Here's a clue. Start to understand the effect of constraints on a system.

[Imran Siddiqui]

You have a D- understanding of economics and even business.

From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.

probably much sooner, and probably involving the entire world.

[Dinner]

Originally posted by Kidicious
You missed the point. Don't ***** about not being able to export to China if you don't even try. Five other economies export more to China because they make the effort to.

Is it because they try harder or is it because they've erected better response to China's trade distorting plicies?

[Kidlicious]

Originally posted by Imran Siddiqui

You have a D- understanding of economics and even business.

From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.

You probably have trouble putting your pants on in the morning because you try to put both legs in at the same time.

[Kidlicious]

Originally posted by Oerdin


Is it because they try harder or is it because they've erected better response to China's trade distorting plicies?

The US better start doing something to distort its trade. The Chinese don't have a huge overall trade surplus. Actually I think they pretty much have a balance, as they should.

[Dinner]

Originally posted by Imran Siddiqui
From you, I'll take this as a compliment. Seeing as how the consensus around here is that you have an F understanding of economics, if I disagree with you, I'm bound to be on the right path.

You are to kind. Kid has at least an F- average when it comes to economics.

I am still flabergasted by kids claim that tax cuts never help an economy.

[Kidlicious]

So say the band of idiots.

[Kidlicious]

Originally posted by Oerdin
I am still flabergasted by kids claim that tax cuts never help an economy.

[Whoha]

Originally posted by Oerdin
I am still flabergasted by kids claim that tax cuts never help an economy.

If it all got spent at wallmart it didn't help our economy. Bush has pumped probably record setting stimulus into the economy, but the people seeing the record setting growth from that stimulus are overseas.

[Kidlicious]

I certainly never said that tax cuts never help the economy. If the constraint to the system is that people aren't spending enough then tax cuts can help the system. Tax cuts don't always fix problems though obviously. It depends on what the constraint it. That's what the free market people don't understand. You don't fix things unless you realize that the problem can be in various areas. You can't dogmatically fix problems as thought it were the same problem reaccuring.

[Urban Ranger]

Originally posted by chegitz guevara
SCOTUS aren't bureuacrats and they are selected by our representitives and go through a confirmation process and can be impeached and their decisions can be overturned by an act of Congress in many cases.

So is your representative to the WTO, che. That person has far less power than a SCOTUS judge and can be removed far more easily.

Originally posted by chegitz guevara
The power of SCOTUS is neither absolute nor unaccountable. The power of the WTO is.

How? Each country can ignore WTO rulings if it wishes to. In fact, the WTO doesn't have much in terms of power. So the US can put up trade barriers and other countries can retaliate - it's much the same way before the WTO came into being.

[chequita guevara]

Originally posted by DanS
What gives him a free pass?

The fact that it was U.S. government interference that ensured that these countries were exceedingly poor and their people were cowed by the government.

[Imran Siddiqui]

And UR continues to PWN che .

[Lawrence of Arabia]

You are to kind. Kid has at least an F- average when it comes to economics.

F-? i didnt even know they gave they out!

[Kidlicious]

WTO sooooo doesn't have power.