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.
Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam Citron who wrote (10295)6/9/2004 11:48:30 AM
From: Big Bucks  Read Replies (1) of 25522
 
Sam, international trade is very complex with lots of
issues to consider. I don't think absolute isolationism
is a valid way to protect the interests of the US.... I
do, however, believe that limiting or balancing the trade
inequities is a viable solution. The US cannot compete
with manufacturing countries that produce goods with a
cost basis of 60% cheaper than we can produce them. We
can, however, limit the amount of imports or apply tariffs
to make the imported products as expensive as our manufacturing costs and then consumers will decide whether
US or foreign products represent the better purchase value.

US companies have moved their manufacturing to cheap labor
and cheap commodity supply countries at the expense of
US manufacturing prowess and US jobs. This strategic
repositioning of the manufacturing base, funded with US
dollars, has also removed part of the corporate tax base
which is lost as a US tax revenue stream. Dollars,jobs,
and corporate/worker tax revenues are going out of the country for cheaper products and there is currently no
way to stop the outflow except to create a disincentive,
which requires tariffs or import limits. Of course
the WTO would place sanctions on US products in
retaliation, thereby hurting our exports..... I guess I
view it like the WTO and the US have each other by the
balls and each time one or the other lifts their hand a
bit the other one gets up on its' toes and lifts its'
hand....the effect being that, viewed from a distance
we see two individuals holding each other by the crotch
and both dancing on tip toes, each not wanting to apply
to much pressure but neither one willing to let go.
I guess we could call it "Scrotum Economics"
or a "Testicular Standoff".
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