General Discussion
In reply to the discussion: France: Yet another nation turns against globalism: 80% see it as a job-killer [View all]Zalatix
(8,994 posts)This poll asked about support for the Government only purchasing stuff made in the USA. The fact that 91% of Democrats support that, quite clearly suggests that their support for Protectionism goes far beyond this. Right up to and including tariffs. Protectionism has always started among the working classes. Whether the Left or Right wing picks up on it is irrelevant.
Destroy all Right wing thought and Protectionism will always arise where workers realize they're being blocked out of the global labor market. Non-oil trade deficits like the ones America is running, will always breed Protectionism. It's called self-preservation.
And once again I will say: Go ahead and ask 10 working class Democrats if they want to see their job go overseas and I promise you you'll bat 0 for 10. Zero. But you won't do that, because you know your feelings will get hurt and you'll have to run back to hug your Pew poll like a security blanket.
They don't. They import more than they export; that means net NEGATIVE exports. With the trade deficits that we have, we can sacrifice all exports and it will benefit us because the imports will also go away. The key is that we have a massive active and idled industrial capacity here in America and we CAN import substitute.
Hardly proven? You have no idea of the price-uplifting power of a monopoly, do you? When patents run out on products, their prices plummet. That's not due to imports; that's due to the death of a temporary monopoly. I can point out a million examples. Tariffs don't really mean a whole lot when there are 20 companies in the country producing the same thing - they'll compete on price, unless there is collusion, which is illegal.
Basic economics. Well proven. You're really grasping for straws now.
Self-contradiction much?
BTW
The REAL money men at CATO agree with you 100%. Anything on this page you DISAGREE with?
http://www.cato.org/globalization
They thank you for your cooperation. And perhaps at some point you can explain why the Plutocrats support globalization now? I know this makes you uncomfortable so I will keep posting it. Why bother avoiding it when you know it's just going to dog you every time you post a defense of globalization?