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Strategies & Market Trends : Commodities - The Coming Bull Market
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To: maceng2 who wrote (1078)3/13/2002 6:52:28 PM
From: craig crawford  Read Replies (1) of 1643
 
>> Japan was supported to the hilt to survive, as many other countries. USA played an important role in world recovery after WW2 and WW1. <<

you know what allowed countries like japan and germany to rebuild so fast and get back on their feet after world war two? protectionism. the united states allowed great access to our markets while they closed off their markets to us.

now the argument went, we need to let these countries get back on their feet and become prosperous again so we don't have any more wars, or have them fall to communism (which was a growing movement at the time) so it is a small price to pay to give them trade concessions.

of course there is always a price to pay however. it came at the expense of american manufacturing, and that's why we aren't making tv sets anymore and that's why japan is selling us all the cars instead of the other way around.

of course free traitors that try to perpetuate some myth that we just weren't as competitive as the japanese are full of bull.

who do you think defended countries like germany and japan from communism after the war? AMERICA DID. how did we pay for that defense? TAXES on american workers. the fact that america had to pay higher taxes to fund defense for the entire free world is enough of a reason to put us at a disadvantage competitively. countries that don't have the defense costs we do can have lower taxes on workers, hence they can pay them lower wages. a tariff is a TAX on foreign imports that helps our citizens, who bear an extra heavy burden for defending the world.

people seem to forget points like this when they cry foul at america's attempts to protect their industries from foreign competition.
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