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.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (130149)	4/7/2010 6:33:04 AM
From: Bearcatbob	1 Recommendation Read Replies (1) \| Respond to of 206176

OT: Arch is correct re the US being a huge exporter. Our entrepreneurial system has worked well and our legal structure has allowed a unique flexibility to respond to market needs. We need to not encumber the system - we need to free it to work. I do not see how current policies work to this end. Increasing exports is a stated goal. We need policies that support the goal. As for a general "funk" coming, I think Kudlow is correct in that a lot of economic activity will occur this year to avoid next years tax rates. I think there will be an increase in capital gains tax revenue this year - followed by problems next year.

To: Archie Meeties who wrote (130149)	4/7/2010 8:38:30 AM
From: Ken Robbins	9 Recommendations Respond to of 206176

OT, OT: "I'd actually argue that our standard of living would go up if we bought less of that low quality crap featured at wallmart, but that's just me." I disagree with you if you meant to refer to Walmart products in general. I find many of their products to be good quality and suitable for purpose. One just has to be discerning when shopping there.

To: Archie Meeties who wrote (130149)	4/7/2010 10:52:32 AM
From: profile_14	1 Recommendation Read Replies (1) \| Respond to of 206176

I'd also agree with you but free trade leads to the normalization of world wide income. Our standard of living will go down or stay the same until everyone catches up if there are no barriers. This is a side effect of free trade that no one talks about, and although I am a Republican and usually think along those lines, in this instance I truly believe unions in general have a very valid point when our manufacturing gets exported. This cannot be prevented without protectionism. This is Exhibit A. Those jobs are not coming back unless we use high tech that can only be done the the good old US of A, and we both know that doesn't last long. So it is in an industry such as space, defense, etc., that we can keep some of those jobs, but not in auto mfg. We can do it in education, health services, but not in textiles. We used to do it in energy, but much less so not. And so on... Imagine keeping some $700 billion annually by producing our own energy instead of sending that overseas. Yes, our standard of living would go up if we reinvested our dollars in products from American producers in the USA, but not everyone wants to pay top dollar for everything; they can't anymore.