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Comments:
<0> Ok YOu are more of an expert than "The economist" on economic reports ?
<1> As a matter of fact I am pretty sure Pancho Villa became famous in one of the land ownership swaps
<2> Say, to someone wth whom the US has a trade surplus
<3> If Germany were sending us ten pecent more than us we would cut every export by ten poercent--five hundred porches would become 450
<4> the economist is a biased publication
<5> Prior to NAFTA, corn was Mexicos most important crop, accounting for 60% of cultivated land with 3 million producers. NAFTA lifted Mexicos quotas (that allowed corn imports only if local production did not meet national needs) and transformed them into tariffs to be phased out over 15 years. Under pressure from industrial interests seeking access to cheaper corn, however, the Mexican government chose to ignore the NAFTA timetable and effectively l
<3> That would give them an incentive to trade freely
<2> alton No, that would give them more profit on marked up porsches :)
<0> Its pro capitalism but its not an advocacy magazine, They have taken and published different views on a lot of economic issues.
<4> and yes ive read many economic reports on nafta
<3> porsche has to compete don't they?
<2> alton not really
<2> I mean sort of... but peopl mostly order them
<2> so, if there are 500 orders... and you limit the number to 450
<2> prices are going to rocket
<3> Ever heard of BMW, ferrari or Cadillac?
<2> alton different nichs
<2> niches*
<3> The new Cadillac kicks *** by the way
<2> Porsche, BMW, Ferrari, Cadillac ... the only place thier markets overlap is in SUVs
<6> i dont think porsche has that big of a market in the US do they?
<2> well... save ferrari, they overlap with porche on te mid-high end
<0> The major critiques ive seen against Nafta have been that its too regulated and not a free enough trade agreement
<3> I'll bet the Japanese won't let us sell the Cadillacs in significant numbers and I think that should result in some cash deprivation, don't you?
<2> bmc not % wise but they have a highly profitable niche market here
<3> Saab?
<3> Hello?
<6> very rarely do i see a porsche, but i see bmw's and merceded almost everyday
<2> alton Saab is owned by an american company
<6> mercedes*
<2> (GM)
<7> AUSTIN, Texas A University of Texas biology professor has been targeted by talk radio, bloggers and vitriolic e-mails including a death threat after a published report that he advocated death for most of the population as a means of saving the Earth.
<8> I see Porche's almost everyday where I live
<3> There are also American and Japanese cars that compete with Porsche
<7> alton: actually, US cars sell very poorly in japan without their govn't doing anything to prevent it.
<6> GM seems to do well in china
<6> :P
<2> GM is doing well in Iraq too
<2> but anyway...
<0> All Trade barriers do if you think about it, and you dont need to be a rocket scientist to know this, Is decrease the money in the pocket of governmetn and increase the amount of pocket in consumers hands, which is actually not all true the increased economic production from consumer savings and the increased economic activity by free trade actually creates more wealth becuase you have to measure the price of consumer goods as
<3> Lup--how can we tell since their govt DOES do something--limit and tarriff
<6> General Motors reports record sales in China, moving the US giant closer to German rival Volkswagen in the world's third-biggest car market.
<0> Its taxed on the backend not the front end and at a lower rate.
<3> tariff
<2> imosing such import caps would mostly raise prices more than it would encourage other nations to abandon thier trade laws/subsidies/etc
<2> imposing*
<2> More so than tarrifs would
<0> Otherwise you pay a tax for foreign goods, And any restriction on trade growth = less economic production or "GDP" which is where the taxes come from and the wealth ultimately.
<3> trade barriers--limit choice competition and drive up costs
<9> IAF bombs Gaza, missile lands near Abbas's office
<2> because impot caps directly effect supply in S&D ... but tarrifs don't really alter supply or demand.
<2> they just increase the unit cost
<10> Tariffs can effect demand
<2> P_O sure, but only marginally
<3> tarrifs don't alter demand? are you on crack?
<4> GDP is not as important as people make it out to be
<0> Also look how low inflation has been in recent decades. One reason is the cost of goods from china and consumer spending coupled with higher productivity of America Workers.
<2> P_O not in the way that import caps would alter supply
<10> KoBushi, yeah, caps probably affect more.
<3> and a tight monetary policy
<0> GDP is extremely important, its what other countries look at before they invest money in your country. Is this is a wealthy economy or a poor economy
<7> CAPE CANAVERAL - NASA launched an investigation Monday into yet another shuttle workplace accident: serious damage to a nearly half-million-dollar power controller that routes electricity to critical orbiter systems.
<7>
<7> The incident, which occurred last week at a shuttle spare parts depot in Cape Canaveral, followed a recent rash of accidents that have resulted in damage to shuttle orbiters and the death of a construction worker.
<0> Its one major factor
<3> increasing price lowers demand kobushi--you can look it up
<4> it has some importance but GDP cant be used as a measure of how wel your coutnry is doing economically
<4> using GDP as the measure of an economy is flawed
<7> alton: not always
<0> because it is the measurement of economic output. The measure of the sum of economic growth in the economy
<7> generally yes, but there are niche markets that higher prices increase demand
<0> Interest rates are effected by GDP
<3> lupine--do u have an example?
<4> yes 'economic growth' .. all GDP means is more money is being exchanged in transactions
<7> lious vaton [ spelling? ]
<0> if GDP comes in 2nd quarter at 6% they will raise interest rates most surely
<7> happens alot in high end audio gear
<0> if it comes in at 3% they might leave rates alone;
<2> alton yeah, but pretty marginally, in comparison to limiting supply would have an effect.
<0> If it comes in at 1% or 2% they may lower interest rates again.
<0> Its a major factor in the feds activity.
<0> And the feds activity effects the entire economy
<7> i wont say which product, but a high end audio company took a product off the market, cosmetically changed it a little bit.. quadruppled the price.. and it sold far better [ and of course, at some monsterious profit margin ]
<3> okay I concede that point in a niche kind of thing but in terms of trade with nations demand goes down as price goes up
<4> yes so it has that importance, but as i said it shouldnt be the primary way to measure economic well being
<0> GDP is not the only measure of an economy, it is the most important measure of an economy when you consider not only GDP but per capita GDP (MOre important) and GDP relative to the national debt.
<0> GDP is *the measurement* of economic activity and productivity.
<0> If you are not growing your economy is declining or stagnating
<11> http://news.yahoo.com/photo/060404/photos_wl_pc_afp/c69181b8c65f983a172317beb191d742;_ylt=AmXJPl7D3_fLP5AmgF6bI6zuOrgF;_ylu=X3oDMTA3bGk2OHYzBHNlYwN0bXA-
<3> kobushi--are you endorsing a trade policy of limited supply and if so can you support the workers who will be laid off?
<11> chertoff is in beijing asking for plans for the great wall
<0> Other measurements are very important too, like the cost of living.
<4> yes it does measure economic activity , it doesnt measure purchasing power, standar of living, or anything else
<4> it measures the amount of economic transactions
<2> alton but, the US isn't in any position to leverage that on a broad scale ... it would harm us greatly to go from a HUGE discrepency in imported goods (and ie: cheap goods) to a policy of nation per nation trade parity
<0> which is helped by free trade because who pays taxes on tarriffs in reality ?
<0> The consumer
<12> Tehran, Iran, Apr. 04 Iran put on display its first ever flying boat during military manoeuvres in the Persian Gulf and the Sea of Oman.
<2> alton no, YOU are the one advocating we limit supply :)
<4> freetrade , the economy isnt completely consumer oriented
<0> So you raise tarriffs you raise the cost of living by making products less afforable.
<4> so what if raising tariffs raises wages
<4> like you said another day, labor is a commodity just like any other, and tariffs will raise the cost of labor
<0> Redfish, actually right now the largest driving force in the economy is consumer generated.
<0> People will buy less stuff
<3> It can only benefit us by increasing free trade and a dollar for doillar policy would result in free trade as it would hurt them more because we are the worlds largest market.
<11> Between 1980 and 2000, legal and illegal immigration reduced the average annual earnings of U.S.-born men by an estimated $1,700 or roughly 4 percent, according to research done in 2004 by George Borjas, economics professor at the John F. Kennedy School of Government at Harvard University.
<12> Iran Focus: Tehran, Iran, Apr. 04 Iran successfully test-fired a land-to-sea missile on Tuesday during naval exercises in the Persian Gulf, the state-owned news agency Mehr reported
<0> You have wage inflation and higher cost of goods, so you also have price inflation from taxation.
<2> alton no, it would hurt th US far more than it wuld hut any indavidual nation we recive goods from.
<5> NAFTAs export-driven model benefited large multinational corporations while generally decimating small and medium-sized Mexican businesses, which not only faced new competition from huge companies whose Mexican operations enjoyed an array of rights and privileges under NAFTA, but which also lost benefits from ***orted credit programs and procurement preferences banned by NAFTA. The disappearance of these domestic businesses essentially destroyed most
<3> I have explained this to death--take an economics course---PLESE!!!
<3> brb
<0> Combine these 2 and the average american is poorer
<2> alton lol
<2> arrogant ignorance, gotta love it
<11> The situation was worse if one considers only the 10 million U.S.-born men who lack a high school degree. For them, the increased supply of workers depressed wages by 7.4 percent, he found.
<12> Daily Telegraph: The Swiss bank UBS has become the latest casualty of raging "Iran fever" on Capitol Hill after key congressmen stepped up allegations that it had helped finance the Mullahs' nuclear ambitions in breach of US sanctions, and that it had once banked for Osama Bin Laden
<0> Most econmics is common sense but you have to avoid common fears by thinking it through to the end.
<3> I ***ume I am the arrogant one and you have the rest covered right?
<7> td: worse? that is a _good_ thing
<11> illegal immigrants are bringing down peoples wages
<4> im not 'afraid' freetrade, i disagree with you
<0> Boltzz, Believe me Mexico would be dying to get out of Nafta and could if they wanted to, if it was harming mexico as you say.
<4> freetrade and you sound like you promote fear, when you talk about how protectionism will cause cataclysms like you say it did with the fall of the roman empire
<11> http://news.yahoo.com/s/ap/20060404/ap_on_bi_ge/underground_workers interesting article
<2> alton by "i've explained this" you must have ment "I don't understand this subject enough to continue discussion in depth" :P
<3> kobushi--do u agree that if all countries engaged in free trade that it would be of benefit to America?
<13> Have the Republicans been acting like *****'s because Delay has not been there to keep them in line?
<7> td: it's a _good thing_ if there are stronger economic incentives to obtain an education.
<0> The vast majority of economic studies show that its a win/win and the biggest complaint is that its overregulated.
<4> or like, oh no the dubai ports deal being stopped will be cataclysmic!
<14> Two House members will introduce tomorrow a resolution to commend the U.S. Capitol Police department, which Rep. Cynthia A. McKinney accused last week of racial profiling.
<14> "The 1,700 officers of the Capitol Police force risk their lives every day protecting constituents, staff and members of Congress," said Rep. Patrick T. McHenry, North Carolina Republican. "The right thing to do is to commend these men and women. They deserve a pat on the back, which is more appropriate than what they've gotten lately."
<11> Camarota acknowledges that some illegals pay federal taxes, but he said their cost to the federal government $12 billion, according to his estimate is greater.
<2> alton yes, but I don't agree that the US has enough economic might to force free trade on all trading partners
<13> McKinney is a racist
<7> people who not expect a plush job if they skip school, deal drugs, etc
<3> good so we agree on something--I feel better now
<3> back in ten
<13> her and Bella****head
<14> police should search her through letal detectors every single day
<13> and Danny Slober
<14> she refuses to wear the pin
<15> Spoeech from the throne is starting
<15> Harper's government is laying out its proirities
<7> herzen: maybe he'll stop the national policy of abolition of basic civil/human rights
<0> The basic economic argument for international trade is that nations can, by producing more efficiently, expand the amount of goods and services they produce and consume. By importing goods that are relatively costly to produce domestically and exchanging them for exports which it can produce most efficiently, each country can produce and consume more goods with trade than in isolation.
<15> hopefully, there are protestors on Parliament hill
<15> "Canada out of Afghanistan"
<15> "Troops out Now"
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