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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: chomolungma who wrote (1418)8/20/2002 6:29:45 AM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
>> Free trade benefits all of society... <<

hmm, who to believe...chomolungma...theodore roosevelt...chomolungma...theodore roosevelt. think i'll go with "trust-buster" teddy.

"Every class of our people is benefited by the protective tariff." --Theodore Roosevelt

>> The fight to protect their luxurious lifestyles almost sunk the entire U.S. auto industry <<

attention all free traitors. lesson number one: when lacking effective argument, you can always resort to blaming excessive wages given to the american worker for the ails of domestic industry. you're a pathetic excuse for an american. i'm glad you aren't living in the united states. you would rather make your fellow american countrymen compete with conscript foreign labor in mexico for a buck fifty an hour than provide them a decent standard of living.

>> Free markets do cause pain... <<

i thought you said free trade benefits all of society?

>> and a compassionate society tries to ease that pain <<

sure does--with socialism. free trade wreaks havoc on the economy, giving the socialists a nice excuse to demand more government programs to ease the pain displaced workers are sure to experience.

>> but you can't eliminate the incentives that being exposed to the blunt edge of the free market produces <<

what incentives are you referring to? you mean the incentive for general motors to force wage concessions on its american workers? was free trade the incentive for gm to go from being the largest employer in america to become the largest employer in mexico? was free trade the incentive to build 50 plants in mexico over 20 years, while building no assembly plants in america nearly 14 years? was free trade the incentive that allowed ford to employ more foreigners abroad than americans here at home?