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Pastimes : CNBC -- critique.

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To: Lazarus_Long who wrote (12573)	11/12/2003 12:37:54 AM
From: Lizzie Tudor	Read Replies (2) of 17683

Do you honestly think Buchanan could have stopped cheap international communications and the internet from exporting jobs? How? Just pass a law? It is the easiest thing in the world, I just saw Buchanan on tv tonight, he says just slap a tarriff on all imports unless other nations adhere to "fair trade" laws which mean price protections on any incoming goods or services. In other words, Bermuda can sell oranges to the US and compete against US farmers but they need to price their wares within 15% of US pricing on the same goods. That is how this is achieved, right or wrong. Labor is different than hard goods and we have never dealt with this before. But for example there are anti-dumping laws which prohibit Japan from dumping consumer electronics into the US at below their cost. The reason being, Japan does this to destroy every other countries industry and then when everybody else has lost their industry, Japan inc has a monopoly and raises prices. With labor, there should be some sort of a similar concept I'd say but there is not. If we flood our market with cheap engineers, we will lose our "engineering industry". Do we want that, I think we'd better decide.

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