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To: Lizzie Tudor who wrote (12653)11/28/2003 12:47:04 PM
From: Dan B.  Respond to of 17683
 
Re: "your post on trade seems a little naive to me."

I rather thought it identified undeniable black & white economic truths.

Re: "The factory workers that produce nikes are not better off"

If they are Chinese workers who didn't have factory jobs prior, you are wrong.

Re: "the people that buy nikes are not better off (shoes are still $100)...."

And can you know they wouldn't cost more otherwise? Can you know Nike would still be in business as we know them?

I do know I'm wearing a great pair of non-Nike Tennis Shoes right now which were made in China, and they cost me $14 bucks on sale at Target. I'm GLAD these are allowed to be imported from China, and only wish they were cheaper still. Please don't advocate anything that will take away my cheap shoes, ok? Please? If I have to spend more for clothes, I may not be able to afford a new computer!

Re: "if 50% of the corporations in the US adopt Nikes trade policies then that is exactly what we will have(banana republic of America)."

That's easy for you to say, but would be impossible to come to pass as I noted by pointing out that the implied lack of US buying power in your scenario would bring the whole imagined house of ugly cards down. I showed you where low prices, jobs, and extra wallet money come from under the free trade scenario, and so America as banana republic would not come to pass as a result. Quite the opposite.

As for Oracle(and accepting your analysis), hey, it's a free market, isn't it? Just another indication that if things aren't done right, they won't sell. This failure of Oracle clearly ought be corrected, but such a failure does not imply at all that we'd become more of a banana republic had Oracle succeeded. Quite the opposite. Success would benefit us, naturally.

Dan B.