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

To: TimF who wrote (26232)	5/16/2002 6:59:37 PM
From: craig crawford	Respond to of 59480

>> Free trade increase productivity because it allows resources to be allocated to their most efficient use by the market rather then by some government decision << you are parroting adam smith, who also said that capital expended in foreign trade was only half as productive as capital expended at home. lincoln called this "useless labor" and "idleness" and predicted that it would cause "want and ruin among our people". >> The US manufacturers more then it did in the past, even if it uses less people to do so. << more americans work in government than in manufacturing! i guess "free trade" isn't so free after all! >> Yes and all of this protection makes the whole world less efficient at producing steel << since labor is a large component in industries like steel, paying your workers less than americans makes you more efficient, not less, because labor is a factor of production.