Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (456858)	2/16/2009 3:36:18 PM
From: tejek	Read Replies (1) \| Respond to of 1576159

That is a good goal, but first we need to get there from here. Is it a good goal? I don't know. Maybe if its all voluntarily done but if we legally restrict trade in protectionist ways, there are consequences. Think of the vegetables and fruits we get in winter from Chile or products at prices much cheaper than we can produce them locally. Those could well be lost if we get too restrictive.

To: combjelly who wrote (456858)	2/16/2009 4:41:14 PM
From: Joe NYC	Respond to of 1576159

Which is why no one is worried about it. At least for the short term. Depending on how long major deficit spending continues, it could be a long term problem. As far as eye can see or government borrowing collapses. That is a long term solution. The only way to do that in the short would be through tariffs and protectionism. And that would only make the problem worse. That is a good goal, but first we need to get there from here. No, through consumption taxes - as a replacement for taxes on consumption. We are the odd man out, as far as the world is concerned. The rest of the world is taxing consumption, we don't. Joe