General Discussion
In reply to the discussion: Offshoring and the myth of the "added value manufacturing industries". [View all]Zalatix
(8,994 posts)Again, you are still wrong about tariffs. China has had 25% tariffs against the United States and it didn't harm them - in fact it led to years of near double digit growth for China.
Once again, you you absolutely avoided the point that we WILL run out of places to look for cheap slave labor anyway - which means offshoring of american jobs is unsustainable anyway.
You talked about hyperinflation, but it is a well-known fact that outsourcing jobs reduces the value of the dollar. We are headed for hyperinflation anyway because our huge trade deficit automatically adds to the debt and devalues our currency. Oh, I know you have no answer for that. No free trader has answers for that. I don't have a problem with the dollar losing value - after all, it makes offshoring less feasible. However, the very thing you have wasted your time defending is the very thing that will create the hyperinflation that you claim to fear. No wonder you have no answer for this.
Once you're done answering that, please show where I ever said I support a strong dollar, for one. Undercutting China's currency would skyrocket our exports.
Moreover I would see the US getting the hell out of the WTO... or any other organization that DARES tell America what laws they can pass within their own borders. Example:
http://www.ustr.gov/about-us/press-office/press-releases/2012/january/us-appeal-wto-dolphin-safe-tuna-labeling-dispute-m
Perhaps you don't want to answer these things because you know you are supporting an economic paradigm that discriminates against American workers?
Do note that I will be repeating these issues with you until you do answer them. Or you could simply accept that America has no more tolerance for free traitorism and step aside and let us fix this problem.