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Occupy Wall Street

Discussion in 'Tilted Philosophy, Politics, and Economics' started by Willravel, Sep 25, 2011.

Page 65 of 74
  1. EDDIE

    Eddie Getting Tilted

    Not help small businesses? Who said that? American companies employing Americans certainly helps small businesses. The large corporations can focus on exporting and the small businesses can focus on providing quality products to Americans. It's a win/win.
     
    Eddie, Nov 23, 2011
    #1281
  2. Baraka_Guru

    Baraka_Guru Möderätor Staff Member

    Location:
    Toronto
    The collapse would be multi-fold, even with federal taxes aside. The price of American goods would skyrocket based on the restrictions on labour and source materials. America, despite its dire need to export, would have a tough time of it even if the American dollar collapses (which would likely happen were America to adopt these policies). Trade wars would ensure, especially among the likes of China and India, who could simply do business elsewhere.

    There is so much more that would go wrong that I don't even want to think about it.

    It would probably result in a revolution.
     
    Baraka_Guru, Nov 23, 2011
    #1282
  3. redux

    redux Very Tilted

    Location:
    Foggy Bottom
    So we'll just ignore the trade barriers that foreign countries would impose on those large corporations (barriers on exporting their raw materials and barriers on importing finished goods from the US) and ignore the fact that grants and tax incentives to small businesses have created millions of private sector jobs.

    Thats your plan?
     
    redux, Nov 23, 2011
    #1283
  4. EDDIE

    Eddie Getting Tilted

    Trade barriers? Sure, you'd have a few other countries like India and China pissed off at us for awhile...but ultimately they would adjust. The best tax incentives is across the board tax cuts for everyone. Shrink the federal government, shrink a lot of the major American corporations by requiring them to employ Americans, and eliminate federal taxes.
     
    Eddie, Nov 23, 2011
    #1284
  5. redux

    redux Very Tilted

    Location:
    Foggy Bottom
    ah.....just more of the Tea Party Kool-Aid.
     
    redux, Nov 23, 2011
    #1285
  6. Baraka_Guru

    Baraka_Guru Möderätor Staff Member

    Location:
    Toronto
    This still doesn't address the problem of the increased cost of American goods. Are you hoping for Third World wages/conditions? The hyperinflation of the U.S. dollar? What?
     
    Baraka_Guru, Nov 23, 2011
    #1286
  7. EDDIE

    Eddie Getting Tilted

    Balanced out with an increase in wages and jobs.
     
    Eddie, Nov 23, 2011
    #1287
  8. Baraka_Guru

    Baraka_Guru Möderätor Staff Member

    Location:
    Toronto
    I was talking about exports. Who's going to buy overpriced American goods overseas?

    And as for wages: are these government regulated too? Are jobs guaranteed by the government?
     
    Baraka_Guru, Nov 23, 2011
    #1288
  9. redux

    redux Very Tilted

    Location:
    Foggy Bottom
    Not to mention the loss of 15%+ of GDP w/o federal government purchasing (no taxes, no money to purchase)

    Of course, the military wouldnt need to buy from those defense contractors, because w/o federal taxes, there would be no military.
     
    redux, Nov 23, 2011
    #1289
  10. EDDIE

    Eddie Getting Tilted

    The same countries who buy them now.

    No, but that's the wonderful thing about free market capitalism; supply and demand. If american companies are required to employ americans, then the workforce supply goes down and the demand goes up.
     
    Eddie, Nov 23, 2011
    #1290
  11. the_jazz

    the_jazz Accused old lady puncher

    Guys, guys, guys... Eddie doesn't want any government intervention EXCEPT the invention that directly benefits him and those who share his views. And he's certain that "Made in America" is a sticker that folks who aren't American will buy because it stands for quality - except for the fact that it doesn't any more.
     
    the_jazz, Nov 23, 2011
    #1291
    • Like Like x 1
  12. Baraka_Guru

    Baraka_Guru Möderätor Staff Member

    Location:
    Toronto
    Oh, there are many things that would change. On the social level, things would change fundamentally, such as the American diet and entertainment, etc. The cost of meat would skyrocket and would become out of reach for many despite realistic wages, as would alcohol and probably eggs and dairy. The food that takes more resources to produce. Many wouldn't be able to afford cars. Many wouldn't be able to use electronics beyond maybe a refrigerator and oven. That sort of thing.

    It would be like Russia after the collapse of the Soviet Union. Or maybe a lot like Russia near the end. Maybe a bit from column A and a bit from Column B.

    They aren't going to buy many of the sharply overpriced goods that will come out of the U.S. They will turn elsewhere for the most part, where the goods and services are cheaper. That's what happens in freer markets. People aren't forced to buy things from particular sources like Americans in your scenario would be.

    But you want to game the supply. What happens when wages aren't at adequate levels to afford basic necessities in your restricted (unfree) market? Does the government step in once again? Wages will need to be extremely low for export purposes.
     
    Baraka_Guru, Nov 23, 2011
    #1292
  13. redux

    redux Very Tilted

    Location:
    Foggy Bottom
    We would all flee to Canada...except Eddie and the Free Marketeers :)
     
    redux, Nov 23, 2011
    #1293
    • Like Like x 1
  14. EDDIE

    Eddie Getting Tilted

    "Made in America" doesn't stand for quality like it used to because the companies who do employ American workers have been forced to compete with american companies who outsource. That needs to change, immediately.

    And no, I don't want anyone living in this country if they don't believe it the rights and freedoms of the Constitution.
     
    Eddie, Nov 23, 2011
    #1294
  15. the_jazz

    the_jazz Accused old lady puncher

    Actually, it would be more like the Soviet Union unxer the New Economic Policy of the 1920's.
     
    the_jazz, Nov 23, 2011
    #1295
  16. EDDIE

    Eddie Getting Tilted

    That would be fantastic. A mass exodus of all liberals and socialists.
     
    Eddie, Nov 23, 2011
    #1296
  17. redux

    redux Very Tilted

    Location:
    Foggy Bottom
    and the collapse of the US economy.

    But you would be safe behind the newly erected walls of your ranch to protect you when all around you crumbles.
     
    redux, Nov 23, 2011
    #1297
  18. the_jazz

    the_jazz Accused old lady puncher

    Wait, so you're saying that the documented decline in American-made goods in comparison to goods made elsewhere (i.e. cars, integrated circuits, etc.) is because Americans have to compete with those same companies? That's pretty circular.
     
    the_jazz, Nov 23, 2011
    #1298
  19. Baraka_Guru

    Baraka_Guru Möderätor Staff Member

    Location:
    Toronto
    Don't fool yourself: The free marketeers would be the first to leave.
     
    Baraka_Guru, Nov 23, 2011
    #1299
    • Like Like x 2
  20. EDDIE

    Eddie Getting Tilted

    Quite the contrary. Less mouths to feed. And I firmly believe in "a nation divided against itself cannot stand."
    --- merged: Nov 23, 2011 6:03 PM ---
    No. I'm saying small businesses can't compete with huge corporations that outsource.
     
    Eddie, Nov 23, 2011
    #1300
Page 65 of 74