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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?

To: tsigprofit who wrote (6850)	2/12/2004 11:31:07 AM
From: TigerPaw	Respond to of 20773

"buying American" The same logic would indicate that we should be hiring American. The goal of Trickle Down economics, the idea that a tax cut for wealthy will cause them to invest and create more prosperity, does not work. It failed during Reagan's era because those with more capital spent much of it on large houses and exclusive beach property instead of productive investments. Still, much of the money was spent in America. The Bush tax cuts amount to a Trickle Out theory. Spurred by the falling dollar the extra capital of the wealthy is heading for investments in other countries, and to buy products produced in other countries. The luxury market may be alive and well, but it is not creating prosperity behind these borders. TP

To: tsigprofit who wrote (6850)	2/12/2004 4:37:46 PM
From: The Philosopher	Read Replies (2) \| Respond to of 20773

Chris, from your previous posts - I notice you say we should be "buying American". That's not exactly what I said. What I said is that people who complain about the loss of American jobs should be buying American. I see it as hypocrisy when a person goes to a rally to complain about how Bush has lost American jobs, then drives home from the rally in their Volvo, wearing their shirt made in Malaysia and shoes made in Italy, drinking Perrier, chatting on their Nokia cell phone, while their wife prepares dinner of imported cheese, imported pasta, French wine, etc. There is a basic disconnect some people have between their buying habits and the state of the economy. Our economy is largely consumer driven. The consumers control to a significant extent how many jobs remain in America and how many move overseas. If people want to buy foreign goods, that's fine. But then don't whine about how America is losing jobs. I will say that our family (including adult children) owns four vehicles and all four are American -- my daughters drive a Ford Taurus, my wife drives a Chrysler minivan, my son drives a Dodge Ram pickup, and I drive a Ford F-150. (We have three computers in the house, all American made). So we're doing our part to keep Americans working. So I get to whine about lost jobs if I want to. But anybody who drives a foreign car, or buys a lot of foreign foods, wines, etc. -- and IME that group includes many of the most vocal liberals -- doesn't. It's called not being hypocritical.