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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: HPilot who wrote (111714)8/31/2011 12:02:09 PM
From: grusum3 Recommendations  Read Replies (1) of 224744
 
That is what the free traders have said for a long time. But this has proven to be wrong.

no, history has proven it to be correct.

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Without tarif's countries with cheap labor and especially those with concentration camps and slave labor end up with the work.

slave labor is less efficient and therefore less competitive and productive than free market labor. slaves will work as little as they can get away with (anyone would). and if someone has to watch over a slave, that person has to be paid too, taking away the effectiveness of 'watching'. people work much harder for themselves than a slave driver.

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The countries with high labor rates lose out.

the reason different countries have different labor rates (wages) is because of the differences in the efficiency of their labor. you can afford to pay someone more who makes ten widgets an hour, than you can afford to pay someone who makes one widget an hour. the value of labor has evolved differently in every country. and it has for good reason.

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The truth of the matter is that the economy is best when the tarif's are used to keep this in a competitive balance.

if you read the history of smoot-hawly, you'll find that austrian economists agree that it was a major factor in deepening and prolonging the depression.

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My mother did not have to work, and were able to raise me and my brothers well. Now we both have to work, and my parents retirement did not pan out as planned. Thanks to free trade.

you're simply wrong. the decline in our economy isn't due to free trade, it's due to the long road to socialism that we've been on for eighty or more years. it has gotten worse even faster with obamanomics. the only way we'll be able to get back to a sole provider being able to take care of a family is to get back to free markets, low taxes and regs, and end the terror of the rickshaw president's administration.

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That is a large contributer, but not nearly as much as the free trade treaties and regulations.

it isn't free trade if there are treaties and regulations..
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