SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: longnshort who wrote (111737)10/5/2011 2:45:25 PM
From: TimF2 Recommendations   of 224749
 
"For example if we paid just a little more for our clothes"

I would buy less clothes

And if you still had to pay more to get less in term of clothes you would also have less left over to buy everything else.

Meanwhile the loss of efficiency that comparative advantage and trade currently brings about would cause people in other countries to pay more for the goods they produce and consume leaving less money left over to import from the US even if their government don't impose retaliatory tariffs.

Everyone becomes worse off when you have production and consumption decisions made by the government instead of by private citizens and companies making decisions in their own best interest.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News