Free Trade = Prosperity
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bobevenson
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Free Trade = Prosperity
Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
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Gary Childress
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Re: Free Trade = Prosperity
Disagree.bobevenson wrote:Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
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bobevenson
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Re: Free Trade = Prosperity
You simply don't have a full understanding of economics related to foreign trade.Gary Childress wrote:Disagree.bobevenson wrote:Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
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Gary Childress
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Re: Free Trade = Prosperity
That would apply to both of us, Bob.bobevenson wrote:You simply don't have a full understanding of economics related to foreign trade.Gary Childress wrote:Disagree.bobevenson wrote:Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
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bobevenson
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Re: Free Trade = Prosperity
Gary Childress wrote:Disagree.bobevenson wrote:Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
bobevenson wrote:You simply don't have a full understanding of economics related to foreign trade.
Gary Childress wrote:That would apply to both of us, Bob.
bobevenson wrote:No, it doesn't apply to me, and it didn't apply to the late and great Nobel Prize-winning economist Milton Friedman. But I'm interested in why you disagree. Could you elucidate?
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Gary Childress
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Re: Free Trade = Prosperity
I disagree with the truth of the statement:bobevenson wrote:Gary Childress wrote:Disagree.bobevenson wrote:Free trade isn't a two-way street, it's a one-way street. It doesn't matter what other countries do. It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.bobevenson wrote:You simply don't have a full understanding of economics related to foreign trade.Gary Childress wrote:That would apply to both of us, Bob.bobevenson wrote:No, it doesn't apply to me, and it didn't apply to the late and great Nobel Prize-winning economist Milton Friedman. But I'm interested in why you disagree. Could you elucidate?
I believe it is a false statement as it stands. I would amend it to say:It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do
Sometimes it is in the best interest of some countries to scrap some foreign trade regulations depending upon what other countries do.
Then I think it would be pretty much a truism.
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bobevenson
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Re: Free Trade = Prosperity
No, I'm afraid that both Milton Friedman and I would agree you are quite wrong, that there is absolutely no reason for tariffs or trade restrictions of any kind, and that having them hurts the country imposing them.
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Gary Childress
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Re: Free Trade = Prosperity
Are you in favor of trading nuclear weapons technology to North Korea, then? What about to members of ISIS? If not, then it is not true that you believe:bobevenson wrote:No, I'm afraid that both Milton Friedman and I would agree you are quite wrong, that there is absolutely no reason for tariffs or trade restrictions of any kind, and that having them hurts the country imposing them.
If Milton Friedman said that exact same statement, then I would be questioning him as well.It's in the best interest of every country to scrap all foreign trade regulations regardless of what other countries do.
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bobevenson
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Re: Free Trade = Prosperity
My friend, this thread is about tariffs and trade restrictions on legal goods, OK? And you can disagree with Milton Friedman all you want, just like the village idiot you are on the subject.
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Gary Childress
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Re: Free Trade = Prosperity
bobevenson wrote:My friend, this thread is about tariffs and trade restrictions on legal goods, OK?
So do you say that the following statement is true?
It's in the best interest of every country to scrap all foreign trade regulations concerning legal goods regardless of what other countries do.
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bobevenson
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Re: Free Trade = Prosperity
Absolutely, and without qualification. To give you a concrete, hypothetical example, if China wanted to flood the U.S. market with products at prices below the cost of production, putting U.S. companies making these same products out of business, but refused to buy any American products at any price, we should collectively send them a thank-you card.Gary Childress wrote:bobevenson wrote:My friend, this thread is about tariffs and trade restrictions on legal goods, OK?
So do you say that the following statement is true?
It's in the best interest of every country to scrap all foreign trade regulations concerning legal goods regardless of what other countries do.
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Gary Childress
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Re: Free Trade = Prosperity
Interesting. I'm not sure all the people who lost their jobs when U.S. companies went out of business would agree. As education levels plummet as a result and we turn into a third world country that doesn't know how to produce anything, as scholars and academics flock to China for more pay, should we still send China a thank you card? Actually, thinking more about it maybe we should. Kissing up to China would then be in our best interest just as some third world countries may currently kiss up to our government out of fear. It almost sounds like treason to me, Bob, to embrace short term gain over long term health of our nation. But you are a divinely inspired prophet and therefore we ought to listen unconditionally to you I suppose. Maybe it's God's will to wreck our country. What do I know?bobevenson wrote:Absolutely, and without qualification. To give you a concrete, hypothetical example, if China wanted to flood the U.S. market with products at prices below the cost of production, putting U.S. companies making these same products out of business, but refused to buy any American products at any price, we should collectively send them a thank-you card.Gary Childress wrote:bobevenson wrote:My friend, this thread is about tariffs and trade restrictions on legal goods, OK?
So do you say that the following statement is true?
It's in the best interest of every country to scrap all foreign trade regulations concerning legal goods regardless of what other countries do.
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bobevenson
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Re: Free Trade = Prosperity
Gary, there are people who would like to tax the sun for putting candle makers out of business.
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Gary Childress
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Re: Free Trade = Prosperity
If you say so, Confucius.bobevenson wrote:Gary, there are people who would like to tax the sun for putting candle makers out of business.
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bobevenson
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Re: Free Trade = Prosperity
I guess you just don't understand my simple point.