27-04-2005 16:12									#31
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quote: Originally posted by Urban Ranger SCOTUS judges are also unelected.

I believe chegitz got PWND.

	27-04-2005 19:46									#32
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quote: Originally posted by Jaguar I believe chegitz got PWND.

You believe wrong.

SCOTUS aren't bureuacrats and they are selected by our representitives and go through a confirmation process and can be impeached and their decisions can be overturned by an act of Congress in many cases.

The power of SCOTUS is neither absolute nor unaccountable. The power of the WTO is.

	27-04-2005 20:05									#33
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quote: Originally posted by Drake Tungsten This thread title is really badly worded...

Indeed, it never stoped being protectionist in the first place.

	27-04-2005 20:06									#34
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Well, then there are numerous things that other nations ought to do to the US to retaliate for their unseemly tariffs.

Would you prefer that to accepting the rulings of the WTO with respect to upholding international trade agreements?

	27-04-2005 20:30									#35
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My dad works in a sugar-beet processing plant, so he will loose his job if CAFTA gos through. As I said in another thread a few weeks ago, free trade only works between equals, such as the US and EU.

	27-04-2005 20:36									#36
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quote: Originally posted by Whoha Because of China's stellarly successful policies regarding trade protectionism we only export raw materials to them. They are not going to place tariffs on those.

China continues to have the great trade barriers of any large economy. They've agreed to lower tarrifs when the joined the WTO but they've often found non-tarrif barriers to make sure most things are still made in China.

	27-04-2005 20:39									#37
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quote: Originally posted by General Ludd Indeed, it never stoped being protectionist in the first place.

If that was true then we'd still have the Smoot-Holley Tarrif in place and there wouldn't be a foreign made good in this country. The US economy is pretty open and is a fair amount more open then the EU, Japan, or China.

	27-04-2005 20:44									#38
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CAFTA looks good though it won't help the US economy at all as the five central American states aren't much of a market. It will lower prices for consumers and give Mexico competition for the cheapest manufacturing location in the free trade zone so it might spur a bit more competition. The people who will really benifet will be the central Americans living in poverty who will finally be able to get some real jobs (low paying though they may be).

	27-04-2005 20:49									#39
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quote: Originally posted by Odin My dad works in a sugar-beet processing plant, so he will loose his job if CAFTA gos through. As I said in another thread a few weeks ago, free trade only works between equals, such as the US and EU.

He's got to be able to compete, as does everybody else. What gives him a free pass?

	27-04-2005 20:53									#40
	Re: America Turning back to Protectionism Remove this text

quote: Originally posted by Lawrence of Arabia But are we better off if China takes away all our manufacturing jobs? yep, we sure are.

LoA,

You say the most ridiculous things out of anyone here at Poly. Globalization/Protectionism is a process that the capitalist economy goes through. It's not just the protectionism that ruins the economy its's also free trade. Free trade creates increasing imbalances that governments attempt to alleviate through protectionism. Reducing our manufacturing base to zero is just going to make it harder for us the next time the house of cards comes tumbling down. The only thing stupider that eliminating our manufacturing base would be to eliminate our agricultural base. Service is the least important base. An economy that only provides services is going to be completely ****ed.

	27-04-2005 20:54									#41
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quote: Originally posted by DanS He's got to be able to compete, as does everybody else. What gives him a free pass?

because his compitition get's paid sh!t because your fellow Neo-liberals in the WTO and IMF make sure that those 3rd world countries have lax employment laws and regulations.

	27-04-2005 20:55									#42
	Re: Re: America Turning back to Protectionism Increase the size of your Attachments

quote: Originally posted by Kidicious LoA, You say the most ridiculous things out of anyone here at Poly. Globalization/Protectionism is a process that the capitalist economy goes through. It's not just the protectionism that ruins the economy its's also free trade. Free trade creates increasing imbalances that governments attempt to alleviate through protectionism. Reducing our manufacturing base to zero is just going to make it harder for us the next time the house of cards comes tumbling down. The only thing stupider that eliminating our manufacturing base would be to eliminate our agricultural base. Service is the least important base. An economy that only provides services is going to be completely ****ed.

	27-04-2005 21:02									#43
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quote: Originally posted by Oerdin China continues to have the great trade barriers of any large economy. They've agreed to lower tarrifs when the joined the WTO but they've often found non-tarrif barriers to make sure most things are still made in China.

The US is only the sixth largest exporter to China. That's pitifull considering that we have a currency peg with them that eliminates currency risk. Face it. The US simply sucks as an exporting nation, and that is not going to change.

	27-04-2005 21:20									#44
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quote: because his compitition get's paid sh!t

Welcome to economic reality. If he can't compete, then he should go out of business, just like everybody else.

	27-04-2005 21:24									#45
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DanS, you're an *******

	27-04-2005 21:32									#46
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Protectionism is taking from my and everybody else's pocket and putting it in his dad's. Indeed, this falls the hardest on the poor in the US and overseas. Screw that. I feel no need to sugarcoat what's happening.

Last edited by DanS on 27-04-2005 at 21:40

	27-04-2005 21:44									#47
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quote: Originally posted by DanS Protectionism is taking from my and everybody else's pocket and putting it in his dad's. Indeed, this falls the hardest on the poor in the US and overseas. Screw that. I feel no need to sugarcoat what's happening.

Oh, wah, poor Wal-Mart will get less profit to fatten it's executives with.

	27-04-2005 21:45									#48
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Poor consumers pay for the protectionist's selfishness every time they go to the supermarket. Poor overseas farmers pay for the protectionist's selfishness every time they go to market to sell their produce.

Listen, I work in the industry. My paycheck comes in part from this BS. That doesn't make protectionism right.

	27-04-2005 21:46									#49
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quote: Originally posted by DanS Protectionism is taking from my and everybody else's pocket

Actually some of us work.

	27-04-2005 21:49									#50
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quote: Originally posted by DanS Poor consumers pay for the protectionist's selfishness every time they go to the supermarket. Poor overseas farmers pay for the protectionist's selfishness every time they go to market to sell their produce.

A big chunk of the cost difference goes to fattening the pockets of corporate big-wigs. *cough* $100 Nikes *cough*

	27-04-2005 21:52									#51
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I'm not in the habit of agreeing with DanS, but I'm with him here.

	27-04-2005 21:53									#52
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quote: Originally posted by DanS Poor consumers pay for the protectionist's selfishness every time they go to the supermarket. Poor overseas farmers pay for the protectionist's selfishness every time they go to market to sell their produce. Listen, I work in the industry. My paycheck comes in part from this BS. That doesn't make protectionism right.

Talk about BS. You have to have a job to even be a consumer in the first place. If you have a job at least you can pay your rent which has nothing to do with trade.

	27-04-2005 21:54									#53
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I don't know what the argument is about. Saying something is wrong does nothing.

Nikes shouldn't cost $100 per pair!!! But ppl pay it so why not charge it?

	27-04-2005 21:57									#54
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quote: Originally posted by Japher I don't know what the argument is about. Saying something is wrong does nothing. Nikes shouldn't cost $100 per pair!!! But ppl pay it so why not charge it?

People put up with the $100 crap because of marketing. Basically you are paying a sh*tload of money to be a hip "in-style" yuppie.

	27-04-2005 21:58									#55
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quote: Originally posted by Japher I don't know what the argument is about. Saying something is wrong does nothing.

D'uh Japher. We aren't actually doing anything here. We're just talking.

	27-04-2005 22:01									#56
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quote: Originally posted by Odin People put up with the $100 crap because of marketing. Basically you are paying a sh*tload of money to be a hip "in-style" yuppie.

Don't you pay it to be down with the hip hop crowd?

	27-04-2005 22:06									#57
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quote: Originally posted by Kidicious Don't you pay it to be down with the hip hop crowd?

I have to pay the bills, I don't have enough money to buy crap. I would rather pay $20 for EU2 than $100 for new shoes, anyway.

	27-04-2005 22:08									#58
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quote: Originally posted by Kidicious The US is only the sixth largest exporter to China. That's pitifull considering that we have a currency peg with them that eliminates currency risk. Face it. The US simply sucks as an exporting nation, and that is not going to change.

http://www.wto.org/english/res_e/st...its04_toc_e.htm

Check the WTO's website and you find the US is not only the world's largest exporter but it leads the world in a large number of fields. It's hard to say a country sucks at exporting when it is so dominate at doing it.

	27-04-2005 22:18									#59
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quote: Originally posted by Ted Striker SCROTUM

NO, BAD TED, BAD.

	27-04-2005 22:22									#60
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quote: Originally posted by General Ludd Indeed, it never stoped being protectionist in the first place.

Give it a rest.