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Old 02-01-2017, 12:21 PM
 
Location: Los Altos Hills, CA
36,656 posts, read 67,506,468 times
Reputation: 21239

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100% spot on.

Quote:
...Trump is never more certain than when he is completely clueless. The truth is that protection against foreign trade leads away from prosperity and strength. A country that deprives itself of foreign goods is doing to itself what an enemy might try to do in wartime — cut it off from outside commerce. It is volunteering to impoverish itself.

Countries don't "ravage" us when they make "our" products; they help us. At the risk of belaboring the obvious, the essence of trade — foreign or domestic — is that it makes both buyer and seller better off. Otherwise, they wouldn't bother...

The folly of 'Buy American and hire American' - Journal Advocate
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Old 02-01-2017, 12:28 PM
 
34,619 posts, read 21,607,699 times
Reputation: 22232
I've never once seen a group purchase from a business as a form of protest.

Having over $350 BILLION leave our economy each year in no way benefits us.
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Old 02-01-2017, 12:40 PM
 
Location: Los Altos Hills, CA
36,656 posts, read 67,506,468 times
Reputation: 21239
Quote:
Originally Posted by PedroMartinez View Post
I've never once seen a group purchase from a business as a form of protest.

Having over $350 BILLION leave our economy each year in no way benefits us.
Actually by restricting foreign goods, your forcing far more than that from the pockets of middle class and lower class households.

Buying power decreases when there is less competition.
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Old 02-01-2017, 12:41 PM
 
20,716 posts, read 19,357,373 times
Reputation: 8280
I don't buy what you're saying.
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Old 02-01-2017, 12:43 PM
 
Location: New Jersey and hating it
12,202 posts, read 7,221,776 times
Reputation: 17473
Quote:
Originally Posted by 18Montclair View Post
Eh, just another opinion piece. You know what they say about opinions...like [bleep], everyone has one.
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Old 02-01-2017, 12:47 PM
 
45,579 posts, read 27,172,269 times
Reputation: 23884
NAFTA - the rich got richer, the middle class and poor are the losers.

NAFTA's Winners And Losers
While NAFTA's overall financial impact has been generally positive, it has not lived up to the high expectations of its proponents. It has made many U.S. companies and investors rich - and their managements richer. But it has also cost many U.S. manufacturing workers their livelihoods while failing to raise living standards for most Mexicans. Any major market changes not dictated by market forces usually lead to both opportunity and loss, and this has happened with NAFTA.
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Old 02-01-2017, 12:48 PM
 
Location: Houston
26,979 posts, read 15,884,808 times
Reputation: 11259
Quote:
Originally Posted by PedroMartinez View Post
I've never once seen a group purchase from a business as a form of protest.

Having over $350 BILLION leave our economy each year in no way benefits us.
It does not leave our economy. It comes back to fund our deficit and in capital investments that employ our people. I work for a wholly owned subsidiary of a Japanese corporation right here in Houston, Tx.
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Old 02-01-2017, 12:48 PM
 
4,040 posts, read 2,556,278 times
Reputation: 4010
I certainly understand how it benefits the country a company is paying 20 cents on the dollar to, and in turn how that helps the company get richer, but how does that help the average American? Not to mention the Americans who USED to do that job? How is that helpful when we add millions more to the welfare rolls?
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Old 02-01-2017, 12:52 PM
 
20,716 posts, read 19,357,373 times
Reputation: 8280
Quote:
Originally Posted by whogo View Post
It does not leave our economy. It comes back to fund our deficit and in capital investments that employ our people. I work for a wholly owned subsidiary of a Japanese corporation right here in Houston, Tx.


Good thing we actually trade with Japan. Its not based on regulatory arbitrage. Much of our "free trade" is.
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Old 02-01-2017, 12:54 PM
 
7,343 posts, read 4,366,656 times
Reputation: 7659
Op, it's all crumbling before you.

It's over.
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