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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (87073)	11/18/2004 5:48:37 PM
From: Neocon	Read Replies (1) \| Respond to of 793714

Sure. Unless it is understood that one of the few things most economists agree on is the benefit of free trade, there will be arguments like that. But that is question of fact, not value. Consumer sovereignty and the efficient use of capital are tied together: if you invest well, your product or service sells well, bringing return on investment and prosperity; meanwhile, consumer satisfaction increases by being supplied with better or cheaper products. Anything which interferes with prices decreases both consumer sovereignty and efficient investment. In the long run, not only are prices higher, but economic growth is lower, and therefore there are fewer jobs at less pay, while workers pay more for goods and services. There must be a reasonable trade off to interfere with prices. Helping workers, except for short transitional periods, is not one of them.