OMG! He's got an MBA in finance? Suddenly everything he typed makes sense!
ldnWow alot of this thread is fodder for the mainstream republican base. We must all be the same, the whole point of having states is so that we don't have to be the same. 200 years of us not needing to be the same, and now we need to all have the same language and culture? Being a melting pot of mixing culture and language is what made us great. What a load. I want to be free to be who I want to be. "All we need to agree on is that we should all be free."
Bing hasn't graduated beyond pundit-level debate tactics yet, and his arguments in this thread are often speculative, if not fallacious. When he can move beyond this, he'll probably get a higher level of intellectual discussion going. To be fair, the people he has engaged in argument are also on his level of reasoning. But, its certainly a good feeling to see RP supporters debating details though--it represents the growing and diverse legion of RP voters
Not necessarily spin about Ron Paul, but it looks like Savage has officially gone off the deep end.
Bing hasn't graduated beyond pundit-level debate tactics yet, and his arguments in this thread are often speculative, if not fallacious. When he can move beyond this, he'll probably get a higher level of intellectual discussion going. To be fair, the people he has engaged in argument are also on his level of reasoning. But, its certainly a good feeling to see RP supporters debating details though--it represents the growing and diverse legion of RP voters
A friend of mine called me the other night. He was driving through the desert and was stuck listening to Levin. He said that Levin went on and on for 45 minutes lambasting Paul. Anyone hear about that.
This is what happens when you have international markets and 3rd world labor markets which can USE THEIR LOW COST LABOR ADVANTAGE to undercut more advanced labor markets, such as ours. OUR ADVANTAGE is the size of our market and our wealth, and we should use it to curtail their ability to undercut our manufacturers if they RESORT to the tactics outlined above. In response, look at what the Japanese did. They brought operations here so that they would be able to ACCESS OUR MARKET. I can't make the claim that there was a net surplus in jobs created, because I don't have the figures in front of me, but for you to sit there and make the PHONY argument that protectionism is disadvantageous is downright desperate, and you are about as fake and weak minded as the Senator from PA who got smacked up in the debate Weds. night. k thx
well in all honesty you need to read a history book. Anyone on here who SEDUCTIVELY advocates for transnationalism by rationalizing open borders is clearly void of any historical understanding of balkanization. It has happened in rome, the former yugoslavia, and is now happening here. When groups of people within a country do not share the same cultural values, and do the same things, and naturally divide into their own enclaves, it becomes a natural source of animosity and hatred. usually, this tribal accumulation of hatred and lack of assimilation comes from those who immigrate here illegally. When groups don't read the same newspapers, watch the same movies, play SPORTS together (i.e. negro leagues and mlb) and share the same values culturally, they tend to disintegrate. This is why you have ghettos in miami like "little havana". I say lets turn "little havana" into "little get out and go back to cuba".
If a company can't compete in a global marketplace, it can't compete, end of story. Reducing competition only harms the consumer. It doesn't create jobs. If the consumer can save $1,000 by buying from Japan instead of the U.S., it goes back into the economy, helping to create new jobs to displace the ones that were lost. Eliminating competition only props up bad companies, and you have to continually maintain and increase this 'propping up' until eventually it collapses under its own weight.
Harley may have escaped this fate by getting its act together by the time the tariff ended - but companies like this don't need government intervention in the first place. If it's truly a good company that's just had some bad luck and needs a temporary fix - there are market mechanisms for that.
You miss the point as well. THE JAPANESE MOTOR BIKE MANUFACTURERS WERE GOV'T SUBSIDIZED. The only reason the Japanese were able to flood our market with these bikes was because they were subsidized. That's not fair by ANY standard. The 1000$ bike you cite, purchased from the Japanese, DOESN'T go back into OUR economy. It goes overseas into the pockets of those who STOLE TAXPAYER MONEY TO SUBSIDIZE AN INDUSTRY. My point is that if they want to steal taxpayer money to aggressively corner a cross section of a market, at the expense of a concentrated labor pool within another foreign nation, one who is much more powerful in terms of economic scale, then they should be ready to pay the price. American labor unions suck, but you can't allow gov't subsidized industries of other countries to purposely and consciously GUT american industry. NEXT.
Doesn't matter how or where the competitive advantage comes from. Jesus Christ could come down from the heavens himself and build those bikes. Reducing competition only harms the consumer.
Hey "boss". If your so much more advanced in your level of reasoning, why don't you try and explain to all of us here how you can enact a free trade policy without being voted out of office.
Stop using words, of which you don't know the meaning. "Competitive advantage" refers to an internally generated synergy within a firm producing a good or service.
Competitive advantage occurs when an organization acquires or develops an attribute or combination of attributes that allows it to outperform its competitors. These attributes can include access to natural resources, such as high grade ores or inexpensive power, or access to highly trained and skilled personnel human resources. New technologies such as robotics and information technology either to be included as a part of the product, or to assist making it.
http://en.wikipedia.org/wiki/Competitive_advantage
When the gov't of another foreign nation decides its going to subsidize an industry within their borders, so as to wipe out a firm within the borders of another country, there is cause and need for retaliation. Gov't assistance is NOT a competitive advantage. You are probably one of those people that will claim that sanctions on another foreign nation are "an act of war" but you won't recognize the same exact thing, involving labor, on a smaller scale. You are a SERIAL hypocrite.
We conclude that the sheaf of protectionist arguments, many plausible at first glance, are really a tissue of egregious fallacies. They betray a complete ignorance of the most basic economic analysis. Indeed, some of the arguments are almost embarrassing replicas of the most ridiculous claims of 17th-century mercantilism: for example, that it is somehow a calamitous problem that the U.S. has a balance of trade deficit, not overall, but merely with one specific country, e.g., Japan.
Must we even relearn the rebuttals of the more sophisticated mercantilists of the 18th century: namely, that balances with individual countries will cancel each other out, and therefore that we should only concern ourselves with the overall balance? (Let alone realize that the overall balance is no problem either.) But we need not reread the economic literature to realize that the impetus for protectionism comes not from preposterous theories, but from the quest for coerced special privilege and restraint of trade at the expense of efficient competitors and consumers. In the host of special interests using the political process to repress and loot the rest of us, the protectionists are among the most venerable. It is high time that we get them, once and for all, off our backs, and treat them with the righteous indignation they so richly deserve.