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Politics : Right Wing Extremist Thread -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (25924)	5/1/2002 4:24:20 PM
From: Neocon	1 Recommendation Read Replies (1) \| Respond to of 59480

I am afraid you are drawing the wrong conclusion, then. The point is that, however sagacious, the Founders and their successors were limited by the state scholarship and science in their day, and therefore are not authorities on everything. Economists have pretty well established, both by deduction and by empirical study, that free- trade is preferable for all parties. It favors the consumer, helps to open new avenues of trade abroad, and frees the national economy to develop along more specialized lines appropriate to its level of development......

To: craig crawford who wrote (25924)	5/1/2002 8:12:51 PM
From: D. Long	1 Recommendation Read Replies (1) \| Respond to of 59480

that is my whole point. don't believe in quack theories whether scientific or economic, including free trade So what is your defense for protectionism, other than quoting great men? Fallacy of Authority. good economics for whom? for large multinationals? for cultural elites? for politicians? for china? theodore roosevelt felt that protective tariffs were good economics. i trust his judgement on how to run a country far more than some liberal academic paper scribbler like milton friedman. Good for the consumer, good for the health of industry. Free trade and free competition, ie unfettered Capitalism, means lower prices, greater selection, higher quality, and healthier business. Protectionism means higher prices, government supported inefficiencies in protected industries, less choice, and lower quality of goods and services. Protectionism favors the uncompetitive business and inflexible labor, free trade favors the consumer and a dynamic, high skill workforce. Derek