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Being a lib is nice, as you can revise history to meet any current agenda. Bill Clinton has gutted the US middle class and manufacturing sector more than any other president or foreign enemy. Libs, of course, love him for it, yet are quick to complain about "income inequality" created by these measures.
You posted 3 links and none of them contradicted the poster you responded to.
Did you think people would see that you posted a link and just believe it contained information to prove your point ??????
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Quote:
Originally Posted by hawkeye2009
Right.................................... and Keynesian economics has been beneficial to the US as well, as economists have told us so!
Globalization works when dealing with economies and trade partners with comparable standards of living. Japan and Germany do not have trade agreements comparable to NAFTA and China trade policies, thus their manufacturing sectors have not been gutted to the extent that we have seen in the US. The US manufacturing sector and the middle class have been decimated by the assumption that "free trade" with every nation, despite the disparities in standards of living and regulations, is beneficial to the US.
Now how has that "free trade" deal been working for you over the last 25 years?
Japan, maybe not. But Germany does or did you forget that the EU existed. Its far more comprehensive than either NAFTA or our trade policies with China.
Economists nearly unanimously agree that free trade and globalization is a good thing. It's good that China is making our things for cheap. Protectionism is argued only by people who do not understand economics.
but the problem with the fascist globalist liberal lead 'freetrade' is you cant have free trade until EVRYTHING is equal
globalization is part of the socialist agenda
Quote:
"The aim of socialism is not only to abolish the present division of mankind into smaller states and all-national isolation, not only to bring the nations closer to each other, but also to merge them." lennin
globalization and liberals....
Quote:
.....""This is a form of Socialism known as fascism, and it will be the type of world government the power elite plans ultimately to bring about and control. In this government, the power elite will control politicians who will become government leaders who will promulgate laws, rules and regulations favorable to certain transnational corporations""" Zbigniew Brzezinski mentor/advisor to carter, bush1, clinton, cheney, and Obama
notice the GLOBALIST theme..... communism/fascism/socialism/nasism/marxism/american liberalism....all globalists...all born of the progressive movement of the late 1800'ss
globalism is the forefront of liberalism and socialism.....globalism is NOT free market..... the term freetrade is an oxymoron...as no 'free' trade can ever happen until ALL aspects are equal...such as wages
do you REALLY THINK you can have free trade with a country like mexico, if you can pay a guy $20 a week there, yet you have to pay some guy $20/hr here????....do you really think freetrade can be accomplished if a 200k sf warehouse costs 20k annually in mexico...or 20k monthly in Kentucky
Quote:
"A Marxist/Fascist/Liberal begins with his prime truth that all evils are caused by the capitalists. From this he logically proceeds to the revolution to end capitalism, then into the third stage of reorganization into a new social order of socialism, and finally the last stage -- the political paradise of communism." Saul Alinsky
its the globalist (socialism/fascism) liberals that keep making ""freetrade""" laws... like SENATOR Obama and freetrade to Oman
keep raising taxes and min wage and watch more jobs go away
What the fascist liberals, don't understand with there globalist freetrade stuff is.... you cant have FREEtrade... if things aren't equal...........ie wages....if a guy can live like a king in india for $16/day...do you really think ANY BUSINESS would want to pay a guy 16/hr
hmmm pay 8 guys 16/day...or pay one guy 16/hr.........get 8 times more work from the first choice
Right.................................... and Keynesian economics has been beneficial to the US as well, as economists have told us so!
Globalization works when dealing with economies and trade partners with comparable standards of living. Japan and Germany do not have trade agreements comparable to NAFTA and China trade policies, thus their manufacturing sectors have not been gutted to the extent that we have seen in the US. The US manufacturing sector and the middle class have been decimated by the assumption that "free trade" with every nation, despite the disparities in standards of living and regulations, is beneficial to the US.
Now how has that "free trade" deal been working for you over the last 25 years? We now have cheaply manufactured crap from China and Mexico (how long do your washers and dryers last now?) and lower wages for American workers.
The Keynesian model has remained accurate though. And using the Keynesian model has provided us with an economy much more stable than it was before. If the Keynesian model isn't true, then does that mean you deny that austerity is contractionary? Because we've seen time and time again that it is. If austerity is contractionary, it stands to follow that stimulus is expansionary. Not to mention that what pulled us out of the Great Depression was WWII. And why did WWII lift up the economy? A massive increase in government spending.
And let's not forget that those who oppose Keynes's model say that deficits lead to high interest rates. But it's pretty clear that the prediction has not panned out.
While the U.S. Has been fighting wars and making enemies around the world for the last 20 years, China has been making friends and building its economy.
Ricardo's Theory of Comparative Advantage predates Lord Keynes and is the principle behind liberalized trade policies accepted by Austrians, those of the Chicago school, neo-liberal economists and Keynesians alike.
Our per capita PPP is way ahead of both Japan's and Germany's.
but the problem with the fascist globalist liberal lead 'freetrade' is you cant have free trade until EVRYTHING is equal
globalization is part of the socialist agenda
globalization and liberals....
notice the GLOBALIST theme..... communism/fascism/socialism/nasism/marxism/american liberalism....all globalists...all born of the progressive movement of the late 1800'ss
globalism is the forefront of liberalism and socialism.....globalism is NOT free market..... the term freetrade is an oxymoron...as no 'free' trade can ever happen until ALL aspects are equal...such as wages
do you REALLY THINK you can have free trade with a country like mexico, if you can pay a guy $20 a week there, yet you have to pay some guy $20/hr here????....do you really think freetrade can be accomplished if a 200k sf warehouse costs 20k annually in mexico...or 20k monthly in Kentucky
its the globalist (socialism/fascism) liberals that keep making ""freetrade""" laws... like SENATOR Obama and freetrade to Oman
keep raising taxes and min wage and watch more jobs go away
What the fascist liberals, don't understand with there globalist freetrade stuff is.... you cant have FREEtrade... if things aren't equal...........ie wages....if a guy can live like a king in india for $16/day...do you really think ANY BUSINESS would want to pay a guy 16/hr
hmmm pay 8 guys 16/day...or pay one guy 16/hr.........get 8 times more work from the first choice
The way this post was written creeps me out for some reason. I don't know, work on that I guess.
Anyway, I don't want to give you a whole lesson in economics 101, it'd be boring for both of us. I'll just leave this here and maybe you'll read it and learn something. Or you'll ignore it and hold on to your worldview. I once thought like you until I actually learned a few things about economics.
And about your marxist conspiracy stuff, all I'll say is that if you consider the Economist a marxist publication... as well as 90% of economists out there... wow.
And by the way I'm somewhat with you on the minimum wage thing. Taxes... it depends on the situation.
Both the late Milton Friedman and Paul Krugman are in favor of free trade. Think about that.
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