Quote:
Originally posted by Dostoevsky
When I read about Kerry's economic ideas I really wonder whether or not he has any grasp on economic fundamentals. Let the free market take jobs where it may. We will all be better off for in it the end. He will stifle economic growth worldwide by creating artificial barriers that prevent the movement of jobs and industries. Bush's actions are turning the recession that Clinton's administration helped send us into around. Everything will be fine. We don't need any radical economic actions from the Whitehouse to straighten out our economy.
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Bush has been equally as protectionist, if not more. His steel import tariffs were only removed when the WTO was about to slap some *major* fines on the USA. The tariffs were politically motivated.
Personally, I think the "free market" has been proven totally wrong in the past few years. The Savings & Loan crash, the Enron scandal, the .com crash, how many more billions need to be lost? A mostly free market with heavy government oversight for cheating, for monopolistic behavior, and for regulatory compliance seems like the right path to me.
I think recent history has shown that the free market exploits the public, the workers, and the shareholders for the profit of upper management. I see no reason to believe that a free market for jobs worldwide would be any different.
Are there any examples that you can cite where job offshoring has made a company radically more competitive?