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And don't forget about the J curve theory.
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So during this boom period the currency was suppose to get weaker, the deficit was suppose to grow, we were suppose to get defective imports, other countries were suppose to stockpile our currency, another country was suppose to obtain all of our technology, wages were suppose to be stagnate etcc...?Originally posted by Asher
It's not a "free trade business cycle theory". You have already been told this. There are ups and downs in economies. Cycles if you will. Every time there's a down you can't blame free trade for it all, just like you can't when it goes up.
See now I never learned that it college. Please explain it. And what happens when the economy busts?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I would call that a bust, actually. Why would you call it a boom if it's accompanied by all negative traits?Originally posted by Kidicious
So during this boom period the currency was suppose to get weaker, the deficit was suppose to grow, we were suppose to get defective imports, other countries were suppose to stockpile our currency, another country was suppose to obtain all of our technology, wages were suppose to be stagnate etcc...?
See now I never learned that it college. Please explain it. And what happens when the economy busts?"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Who said the U.S. had anything to do with developing penicillin? Certainly not I. However it was developed a handful of years after world war 1 ended, during a period when global trade had been seriously hampered and in a country which had many protectionist policies.
Likewise, the atomic bomb was developed when international trade was seriously hampered.
Serious advances were made in computing during world war 2 and lets not forget significant advances in radar, chemistry and electronics.
It was still a significant technological development, the point being, it occured when international trade was hampered.But yes, isolationism caused you to create the creative destructive force known to man.
Hampering international trade does not necessarily hamper technological development.
"Command economies don't produce cures for cancer" may well be true, but it does not follow that protectionist economies cannot.
Poor countries with a poor populace do not produce great technological advances and all command economies in our world were poor. This has no relevance to protectionism.Comment
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OMFG Asher! I didn't know we were in a recession. When the hell did that happen?Originally posted by Asher
I would call that a bust, actually. Why would you call it a boom if it's accompanied by all negative traits?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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They can produce whatever they want to. That's the benefit of a command economy.Originally posted by Vesayen
"Command economies don't produce cures for cancer" may well be true, but it does not follow that protectionist economies cannot.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I don't recall using the r-word.Originally posted by Kidicious
OMFG Asher! I didn't know we were in a recession. When the hell did that happen?"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Is that a cycle theory?Originally posted by Whoha
And don't forget about the J curve theory.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Recession = bust period. Read the sites that you post. That would help a little bit.Originally posted by Asher
I don't recall using the r-word.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Anyway this trend for republicans is by no means major. When it came time to vote for Cafta only half of them were willing to support it on free trade alone. The other half had to be cajoled, threatened, or otherwise convinced to vote for it on the decidedly un-free trade principle that doing this would help resist Chinese imports.Comment
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This is going to be one painful election cycle.Comment
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The site doesn't even mention busts...Originally posted by Kidicious
Recession = bust period. Read the sites that you post. That would help a little bit."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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You have to be pulling my leg. I don't want to play with you anymore.Originally posted by Asher
The site doesn't even mention busts...I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Why would you? You'd have to be a masochist to continue this flogging."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Another time to say, "I tried"
People don't want to have a decent conversation there's not much one can do.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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