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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (252117)4/30/2002 7:10:29 PM
From: George Coyne  Read Replies (3) | Respond to of 769670
 
Your logical thinking is faulty. Free trade does not "cause" freedom. Freedom leads to free trade. A nation whose citizens are free to pursue their own personal goals will naturally seek an even playing field (absent tariffs) in the world market. The resultant best products or services will benefit individuals throughout the world.

All non-sequiturs

--free trade leads to expanding government
--free trade leads to global governance
--free trade leads to a loss of sovereignty
--free trade leads to open borders and mass immigration
--free trade leads to a loss of patriotism in favor of globalism, interventionism, and internationalism

--free trade leads to socialism.



To: craig crawford who wrote (252117)4/30/2002 10:23:25 PM
From: DavesM  Read Replies (1) | Respond to of 769670
 
re:"shortly after harry truman signed GATT (General Agreement on Tariffs & Trade), in 1949 the top 1% of americans held 21% of the wealth. today after a half century of free trade the top 1% holds more than 40% of the wealth and the top 10% hold nearly three quarters of the wealth."

IMHO, the widening division in wealth, began in the Kennedy Administration, when top income tax rates began to decrease. I believe that this is because the wealthy became more interested in creating more wealth, than sheltering income. The upside of this, is that more money was able to be invested into the private sector. Because of this, IMO the economy probably grew more than it would have otherwise. One by product of this, is that the percentage of Americans living in poverty, they are near all time lows .



To: craig crawford who wrote (252117)5/1/2002 1:52:03 AM
From: GST  Respond to of 769670
 
"free trade leads to socialism" If only Karl Marx was alive to hear such an astonishing conclusion! I am amazed by the depth of your analysis. I wonder how generations of economists the world over failed to conclude that economies whose main institutional arrangements are based on markets are in fact a front for government ownership and control -- what a stunning conclusion! Only somebody of your intellectual ability, backed by the world-renowned economist Alan Keyes -- could ever root-out such a well-hidden discovery! I smell something -- hmmmmm a Nobel prize perhaps? Or a pile of dog excrement from a two-bit politician?