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Free Trade yea or nay?

Discussion in 'Conservative Only' started by ForeverFaithful, Apr 25, 2012.

  1. ForeverFaithful

    ForeverFaithful Son Worshiper

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    I'm pretty Laissez Faire about the economy, but I'm beginning to wonder if Freetrade is the root of most of the west's economic problems.

    Does Trade Protectionism just create a big government?

    thoughts?
     
  2. Revoltingest

    Revoltingest I have the kavorka
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    IMO, our (USA's) fundamental problem is not free trade, but rather our becoming less competitive, & a growing class
    of people who are less engaged with production, & more dependent upon gov't largesss. Free trade appears to cause
    unemployment because we see goods imported from abroad, & some domestic industries idling. But without free trade,
    the same goods would be more expensive, & fewer of them would be manufactured domestically, & with less money
    going overseas, there'd be less demand for our products. I recommend addressing regulation, taxation & subsidies to
    bring employment back up.
     
    #2 Revoltingest, Apr 26, 2012
    Last edited: Apr 26, 2012
  3. ForeverFaithful

    ForeverFaithful Son Worshiper

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    But how would free trade benefit the USA (or Canada) as we have a whinny population that complains about how hard their lives are from their iPhones on twitter. What would prevent companies from going somewhere with an actual work ethic?
     
  4. Revoltingest

    Revoltingest I have the kavorka
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    We benefit from free trade by having access to cheaper &/or better goods. But to buy from abroad using borrowed or
    fiat currency is not a sustainable model. Eventually, our currency will lose value & prices of imported goods will rise.
    We can adjust to a lower quality of economic life, or we can reverse our descent into nanny state slackerhood.
     
  5. ForeverFaithful

    ForeverFaithful Son Worshiper

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    Unrelated I guess, but can't we just stablize the economy with the gold standard?
     
  6. Revoltingest

    Revoltingest I have the kavorka
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    That would address the monetary aspect of inflation, but not the underlying problems.
    Oh, if only solutions were so simple.
     
  7. ZooGirl02

    ZooGirl02 Well-Known Member

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    I am more in favor of fair trade then I am free trade.
     
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