You Trumpettes keep talking about winning a trade war. Can you cite any examples of trade wars in history that actually produced a winner?
Look, China has been manipulating their currency and kept us at a trade deficit for many decades now. If it takes a trade war to get us back onto a level playing field, that's a price I'm willing to pay. If you let other people walk all over you, you soon find yourself without any rights. That's why fighting is necessary sometimes.
Help me out here. I'm one of those folks who has been brainwashed by the past 200+ years of economics to think that running a trade deficit with a country isn't necessarily a bad thing anymore than me running a trade deficit with a store because I bought things from it using dollars I acquired in exchange for my productivity. In fact, I can make out like a bandit in this deal because I'm able to translate the stuff I do into someone making a TV for me.
Pubic schools, amiright? Anyway, can you explain for me why a trade deficit with China is bad? Thanks.
EAllusion wrote: Help me out here. I'm one of those folks who has been brainwashed by the past 200+ years of economics to think that running a trade deficit with a country isn't necessarily a bad thing anymore than me running a trade deficit with a store because I bought things from it using dollars I acquired in exchange for my productivity. In fact, I can make out like a bandit in this deal because I'm able to translate the stuff I do into someone making a TV for me.
I think you're looking at it wrong. Trade is war. When you walk into a store, it's not about both you and the store "winning" (you get a product you desire for what you perceive is a fair price, the store gives you the product for what it perceives is a good profit). That's the wrong way to look at it. You need to win and the store owner needs to lose. Make the store owner a "loser". It's all about winners and losers.
"We have taken up arms in defense of our liberty, our property, our wives, and our children; we are determined to preserve them, or die." - Captain Moroni - 'Address to the Inhabitants of Canada' 1775
It is honestly like Ajax learned all his economics from Monopoly and never realized real life doesn't have to be a zero sum game... Surely life would be better if we just bankrupted everyone else, amirite?
"If you consider what are called the virtues in mankind, you will find their growth is assisted by education and cultivation." -Xenophon of Athens
Xenophon wrote:It is honestly like Ajax learned all his economics from Monopoly and never realized real life doesn't have to be a zero sum game... Surely life would be better if we just bankrupted everyone else, amirite?
That'd be super ironic-awesome since the game was meant to be a socialist tool to teach us about the pitfalls of capitalism.
- Doc
In the face of madness, rationality has no power - Xiao Wang, US historiographer, 2287 AD.
Every record...falsified, every book rewritten...every statue...has been renamed or torn down, every date...altered...the process is continuing...minute by minute. History has stopped. Nothing exists except an endless present in which the Ideology is always right.
Xenophon wrote:It is honestly like Ajax learned all his economics from Monopoly and never realized real life doesn't have to be a zero sum game... Surely life would be better if we just bankrupted everyone else, amirite?
I was actually thinking sort of the same thing after reading his horribly ignorant post. I started thinking “maybe white supremacists believe the way they do, in part, because they don’t have a grasp of very basic economic principles”. It’s pretty obvious now that I actually think about it for a sec but Ajax’s post demonstrates such a horrible understanding of basic economic policy that every single point in his short post is abominablely stupid. No wonder he hates immigrants and foreigners, he is just simple. It’s cracking me up that he is now defending being taxed (heavily)because it’s a white guy in charge instead of a black man.
"your reasoning that children should be experimented upon to justify a political agenda..is tantamount to the Nazi justification for experimenting on human beings."-SUBgenius on gay parents "I've stated over and over again on this forum and fully accept that I'm a bigot..." - ldsfaqs
canpakes wrote:It’s not up to me to answer, for conservatives, why they think that the mere presence of brown migrants in an area forces ag producers and farm owners to offer comparatively low wages for their work. That’s the conservative argument.
Funny, I must have missed that argument in the conservative argument newsletter. I, like you, always made up arguments for other people..like how you believe brown people showed up and offered to work on farms for more money than they ever had an opportunity to earn before, but also quickly realized that in a free market they could undercut competition. Thank the lawd our country's history never had white immigrants that worked the land for "comparatively low wages".
Seek freedom and become captive of your desires...seek discipline and find your liberty I can tell if a person is judgmental just by looking at them what is chaos to the fly is normal to the spider - morticia addams If you're not upsetting idiots, you might be an idiot. - Ted Nugent
canpakes wrote:It’s not up to me to answer, for conservatives, why they think that the mere presence of brown migrants in an area forces ag producers and farm owners to offer comparatively low wages for their work. That’s the conservative argument.
Funny, I must have missed that argument in the conservative argument newsletter.
Oh, no worries. Just stay right there. I’ll bet that you’ll see this argument coming up again in just a second. Matter of fact, riggghht about ... now:
subgenius wrote:I, like you, always made up arguments for other people..like how you believe brown people showed up and offered to work on farms for more money than they ever had an opportunity to earn before, but also quickly realized that in a free market they could undercut competition.
Sure. I suppose that if we claim that a population of laborers exists sufficient to undercut other laborers (that threshold likely being reached when we start to have to use more than one hand to count), and we get rid of any and all minimum wage laws, then we will realize the conservative wet dream of everyone trying to undercut everyone else. But, as I’ve asked you about 43 times already - and as you are too afraid to answer - who really sets that wage? The employer, or the employee?