fair competition is good. I'm all for free trade between nations that operate with the same standards we do
>> It is irresponsible to say this in one breath, and then say "you don't want to be part of the UN or the WTO" in the next <<
how so? for starters, our membership in the wto is unconstitutional. that is reason enough to take a hike. furthermore, i can't understand this notion people cling to which suggests that the UN is the solution to every problem. the UN is more of a problem than a solution. we got along just fine before the UN and WTO, and we even negotiated trade without them.
>> Economic depressions have occurred before. <<
and they will again.
>> We are even more now in a "global village" mode where countries are dependent on each other to sustain current world economic output. <<
in my opinion that is a shame. by the way, america is not all about "world economic output". that is part of what ails this country. people place far too much emphasis on running the united states like a corporation, as if the only thing that mattered was the bottom line. that's not what made this country great.
>> So, we look to the management of Nike, Microsoft, Chinese sweat shops, the Russian Mafia, Indian carpet manufactures (who use child slave labor) for applying the rules of "fair trade"? <<
of course not. it is up to congress to decide how to regulate trade. article I section 8 of the constitution states:
The Congress shall have Power...To regulate Commerce with foreign Nations, and among the several States
>> The point is, everyone can apply protective tariffs <<
yeah, so? they often do. you think countries like japan and china want to play fair? why is it a problem when the united states wants to take measures to protect itself, but i don't hear anyone complaining about all the protectionist measures other nations take against us?
>> My view is that reduced global trade will lead to a depression. <<
what makes you think that trade will be reduced? |