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pan6467 · 07-26-2004, 04:39 AM

A nation that does not manufacture its own goods and imports far more than it exports is doomed to economic suicide. The 2 main reasons are:

1) trade deficits the nation relying on imports becomes reliant on foreign whims (and as we have seen the importing countries will do ANYTHING they can to destroy what manufacturing we do have that can compete).

2) without controlling manufacturing we are faced with lower paying jobs but are supplied with more credit to artificially sustain the economy.

Eventually, when the foreign countries have depleted our industries and raised the trade deficits so high that we can no longer sustain the debt, they'll start taking what we as a nation put up as collaterol.

I am not an isolationist, BUT ifirmly believe we need to tax imports the way other countries tax our products. AND we need to make sure that other countries (like China) can no longer get away with stealing our patented products and sell them at cheaper prices. Also, IF you want to argue that we need a global economy, then you have to argue for a level playing field which means equal pay in every country, equal environmental, and work safety regs in every country. Because if you don't then it isn't a level playing field and unfortunately in about 20 years when the boomers are retired and the schools are totally bankrupted and healthcare is dead (unless you are rich) we will be faced with a depression and other countries taking everything we own that we will be a 3rd world country with nukes. Which with the mentality of some in this country I could see us using the nukes and starting wars to get us out of the hole we have dug ourselves into.

It maybe gloom and doom and you may laugh but I truly believe that the kids today will inherit a much much poorer country and politically lost country than we have today. That is disgraceful, already my generation inherits a country financially worse than what my parents had (which is the first time ever in the USA), and my kids will inherit a country worse than I did, and so on unless we bite the bullet and do whatever we need to, to end the mess and get back on the right track.

07-26-2004, 04:39 AM	#5 (permalink)
pan6467 Lennonite Priest Location: Mansfield, Ohio USA	A nation that does not manufacture its own goods and imports far more than it exports is doomed to economic suicide. The 2 main reasons are: 1) trade deficits the nation relying on imports becomes reliant on foreign whims (and as we have seen the importing countries will do ANYTHING they can to destroy what manufacturing we do have that can compete). 2) without controlling manufacturing we are faced with lower paying jobs but are supplied with more credit to artificially sustain the economy. Eventually, when the foreign countries have depleted our industries and raised the trade deficits so high that we can no longer sustain the debt, they'll start taking what we as a nation put up as collaterol. I am not an isolationist, BUT ifirmly believe we need to tax imports the way other countries tax our products. AND we need to make sure that other countries (like China) can no longer get away with stealing our patented products and sell them at cheaper prices. Also, IF you want to argue that we need a global economy, then you have to argue for a level playing field which means equal pay in every country, equal environmental, and work safety regs in every country. Because if you don't then it isn't a level playing field and unfortunately in about 20 years when the boomers are retired and the schools are totally bankrupted and healthcare is dead (unless you are rich) we will be faced with a depression and other countries taking everything we own that we will be a 3rd world country with nukes. Which with the mentality of some in this country I could see us using the nukes and starting wars to get us out of the hole we have dug ourselves into. It maybe gloom and doom and you may laugh but I truly believe that the kids today will inherit a much much poorer country and politically lost country than we have today. That is disgraceful, already my generation inherits a country financially worse than what my parents had (which is the first time ever in the USA), and my kids will inherit a country worse than I did, and so on unless we bite the bullet and do whatever we need to, to end the mess and get back on the right track. __________________ I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?" Last edited by pan6467; 07-26-2004 at 04:44 AM..