micky107 wrote: So, let me get this straight; You advocate trade agreements with communist China that demand us to sell our precious raw natural resources, at a ridiculously low price, in exchange for their finished product?
Of course not! You should only sell at a profit.
And you should only buy what you want. And by you, I mean "you, the consumer". The government should not intervene with tarifs and trade barriers.
In general Chinese products are of low quality. You should not compete with that. Cheap shit tends to bring little or no profit. That's a market you should leave to countries with an unskilled labour force.
You should aim for the premium market, where superior products are sold with a reasonable profit margin.
Working in a sweat shop is better than starving, but
you don't want those kinds of jobs do you?
Make sure your kids get a good education, and they will always be able to make a good living.
micky107 wrote:You may want to expand your knowledge on natural resources. No matter how vast they may seem, THEY CAN AND WILL RUN OUT! Then what?
Natural Resources, while finite, do not run out as fast as people tend to think. Why? Because our estimates tend to be based on the known reserves, but as a natural resource gets more sparse, the price goes up and you start prospecting for more. Once you find enough, prices go down and you stop prospecting. That being said, there are some resources that truly are limited. That's why recycling is fundamental. We will never run out of (most) resources if we just learn to recycle!
And I never said you should base your entire economy on extracting natural resources; that would be kind of stupid, as you become too dependent on fluctuating prices and demand, and profit margines tend to be higher on end products than on resources.
micky107 wrote:IMO, we should be working as hard as we can to develop our second industries again, hence seeing the words; Made in the USA or Made in Canada again.
Absolutely. All for it. But you don't develop your industries by sheltering them. Quite the opposite! Take the home computer industries of the 1980's as an example. The US was dominating that segment. Then the Japanese started producing cheaper chips. The US companies got worried and cried wolf, and the US slapped a huge tarif on imported computer chips. What was the effect? Since the Japanese chips were cheaper and better, the US ceded most of the global market for home computers to Japan! Why would anyone in Europe/Asia buy a computer from the US that was twice as expensive as an equally good Japanes one? If US manufacturers could have bought and used Japanese chips as cheaply as the Japanese did, they would have been able to keep their global share of the highend market for the finished products. Eventually the US companies have managed to reclaim huge part of the market, but the protectionist move really hurt themselves more than anyone else.
You can also compare the quality of the Trabant, produced in Eastern Germany, where imported cars weren't allowed, with Volkswagen, Opel, Audi, BMW, Porsche and Mercedes, who were produced in Western Germany and had to compete with foreign imports every day of the week.
Protectionism is not the answer. It's like peeing in your boots to keep your feet warm in winter.
It feels nice and warm at first, but then.......
micky107 wrote: I have talked to people who have managed to see what is really going on in China. There does seem to be as much poverty as ever among the common people, which is by far the most.
There is NO! respect for the environment what so ever, the air is at an all time bad.
I was in China in 1990. Poverty was rampant. As bad as it may seem today, it used to be way worse.
We had a Chinese exchange student stay with us a few years ago. She had Nike shoes and a Nikon camera. That would have been unthinkable in 1990, unless perhaps for a small ruling elite. Her father worked at a school and her mother was a journalist. They lived in a tiny apartment in Beijing. Yeah, not part of the huddled poor masses, but of the growing middle class. China has roughly 1.4 billion people. While 1 billion still would be considered poor by our standards, there is now a Chinese middle class roughly the size of Western Europe, ie some 400 million people, and with a living standard close to that of Western Europe. That did not exist back in 1990. It's a new phenomenon, that has sprung from Deng Xiaoping's white cat/black cat redefinition of what communism may be.
According to the World bank, the number of East Asians (which would include China) that live in EXTREME poverty has shrunk from 80% to 7%. Believe me, China is a better place today than it was in 1990. It's still a dicatorship, the majority are still poor, and the environment is a complete disaster, but with a growing middle class you also have more kids going to college, which leads to more people asking questions, and there is now a fledgling environmentalist movement in China. It will probably take at least 20-30 years before they start to have some clout, but believe me it will happen. Even the Chinese need water to drink and air to breathe, and in some Chinese cities, right now both the water and the air is seriously hazardous for your health... The girl that stayed with us started warming up after a while and suggested one night that "the Swedish government seems very good, the Chinese... so-so." And I bet most of the millions of Chinese students studying abroad are coming to similar conclusions when comparing the trappings of democracy to what they have at home. And 20-30 years from now they will be the ones calling the shots.
micky107 wrote:I am not an isolationist but come on man, I am for protecting our way of life so many have given their lives for...
I couldn't agree more! We live in flourishing societies based on democracy, liberal principles (the original meaning; ie basically the bill of rights to an American, not the modern American use of liberal as a synonym for socialist) and free trade! We should not sacrifice these sacred tenets because certain trades, like ice vendors and saddle makers, have problems adjusting to changing times.
It is free trade that has given us prosperity and we would be fools to kill the goose that lays the golden eggs.
I tell you, North Korea, for all its protectionism, is no worker's paradise.
