The Conservative Cave
Current Events => The DUmpster => Topic started by: CC27 on July 01, 2016, 04:59:06 PM
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Star Member Omaha Steve (64,113 posts)
12 ways free trade is ruining nation
Exclusive: Roger Simmermaker warns about No. 1 issue in 2016 election
Published: 06/22/2016 at 9:18 PM
http://www.wnd.com/2016/06/12-ways-free-trade-is-ruining-a-nation/#!
Unless you don’t mind if our country slides into fiscal bankruptcy and oblivion, then trade policy needs to be your No. 1 issue in this year’s election.
Free trade is bad for America, because free trade:
Causes persistent trade deficits
Increases the unemployment rate
Is the main contributor to our budget deficits and national debt
Reduces our national GDP (Gross Domestic Product)
FULL story at link.
http://www.democraticunderground.com/11179435
Don't you have a date with the grim reaper?
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Who is Roger Simmermaker and why should I care?
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He is citing/quoting WND for God's sake! It is the the Right of TOS!!!!
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WTF? Has the Omaha Orca gone over to Trump's side? Trumps wants to change trade deals, and Hillary thought TPP was the gold standard of trade deals.
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He is citing/quoting WND for God's sake! It is the the Right of TOS!!!!
Oh my!
WND is like the Truthout.com of the right. I quit reading them when they quoted Alex Jones.... or maybe it was them quoting infowars quoting Alex Jones. Either way all those folks are nuts.
WTF? Has the Omaha Orca gone over to Trump's side? Trumps wants to change trade deals, and Hillary thought TPP was the gold standard of trade deals.
I could have sworn the sun was in the eastern sky around 6:30 this morning. Did I miss something? Better go check and see if my doggies and the neighborhood cats are in the same bed.
Bizzarro world.
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Causes persistent trade deficits
Increases the unemployment rate
Is the main contributor to our budget deficits and national debt
Reduces our national GDP (Gross Domestic Product)
I don't care that the source is the putatively-conservative WND. The response to Roger Simmermaker is a simple as two words (with a hyphen between): Smoot-Hawley.
Supposedly-protective tariffs damage all concerned - the countries imposing the tariffs, and the countries whose products are subjected to the tariffs. The reason is simple. The countries hit by the tariffs hit back, and maybe harder than they were hit. A "tariff war" ensues, and everyone is hurt, and no one is helped. Smoot Hawley (and earlier tariffs) were part of what made the Great Depression "Great". IMO, Adolph Hitler and Hideki Tojo @$$-kicked the US out of the Great Depression; all of Hoover's and FDR's economic tinkering and interventions were another, large, part of what made the Great Depression "Great".
Similarly, sanctions by the US government against US companies that "off-shore" or who avoid US taxes by keeping profits earned in other countries outside of the US will end disastrously for the US. Such sanctions force on US companies a choice: be driven out of business by the higher cost of keeping certain operations inside the US (i.e. higher cost compared to foreign competitors); move entirely outside of the US.
There is no "clever" permutation of tariffs plus anti-off-shoring sanctions that won't hurt the US worse than the present situation. IOW, this is an are where I thoroughly disagree with both Trump and The Shrew: with Trump, better informed advisers might change his mind; better advisers are not available on the D side of things, IMO.
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Free trade is bad for America, because free trade:
Causes persistent trade deficits
Increases the unemployment rate
Is the main contributor to our budget deficits and national debt
Reduces our national GDP (Gross Domestic Product)
B-b-b-b-but it sounded so good when your politicians pushed for it?
Whu happened!?!!?
Surely, you don't pretend that reality colors different realities.
H8er.
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WTF? Has the Omaha Orca gone over to Trump's side? Trumps wants to change trade deals, and Hillary thought TPP was the gold standard of trade deals.
Love it! H5!
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Free trade does not do those things. However the trade deals our sell out America elites have made does.
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Im still scratching my head over how a WND article is seemingly acceptable on DU
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Im still scratching my head over how a WND article is seemingly acceptable on DU
I was wondering that myself . . . :confused: