Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ann Corrigan who wrote (43143)	12/12/2003 11:12:06 PM
From: yard_man	Read Replies (1) of 74559

total red herring -- the whole buy American thing. Trade will always be imperfect -- there is no way we can or should expect to be able to enforce our labor laws, our environmental laws or anything else on every other nation and THEN engage in FAIR trade. Absent this, buying only American goods produced at whatever prices that such controls produce here -- will not make us richer as a nation or a people -- and clearly will not help us individually. the notion is silly. What we can do is involve ourselves in international trade and buy from the cheapest producer --in the end, this benefits everyone, in spite of the imperfections or things we'd like to correct by fiat.

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