Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Cary Salsberg who wrote (11161)	8/10/2004 10:29:54 AM
From: Big Bucks	of 25522

Cary, I baited the hook, you bit. Any time mandated government restrictions are imposed there is a hidden price to pay, someone must shoulder this economic burden. Governments and regulations are inherently inefficient and restrictive, but I do agree that some quota limits on imports must be enforced. I believe that quota protectionism is in the best interest of US consumers, businesses, and jobs. Nafta and open border free trade with "favorite nation" designated countries has nearly ruined the US economy due to huge trade deficits, lost businesses, jobs, tax bases, benefits, etc. We may never recover. Those opportunities have now migrated overseas to our competitors, as a consequence of government/political "management" using experimental economic oversight. Call me a protectionist, I can live with that and won't hide from the title behind "rhetoric".

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