“It's really shocking that unemployment has recovered so slowly. You would think that exporting millions of high paying manufacturing jobs would be good for the economy. Isn't that what all those ivory tower economists recommend as part of their raise-all-boats "free trade" theories? It's really puzzling that it doesn't seem to be working. Oh well, let's not question their wisdom and just keep on trying the same failed policies over and over again.”
99er2049er on Sep 16, 2013 at 13:14:54
“Exactly what I have been saying everyday on this board. And instead of giving offshore tax credits rewarding corporations for offshoring, we must slam them with taxes for doing this to our country. Then offer a tax reward for returning manufacturing back to America. It's the only chance we have as a country to survive economically.”
“Sounds like you have things figured out. Anyone who disagrees with your nonsense is foolish.”
S M V on Sep 2, 2013 at 20:06:09
“Any policy that is used to support producers at the expense of consumers is indeed nonsense. The idea that you grow the economy by blocking competition has been disproved so many times that it should met with laughter. Unfortunately it benefits some powerful special interests and appeals to nationalists, so maintains some level of respectability. ”
“Cheney (who would say anything for political advantage) was speaking about fiscal rather than trade deficits. "Trade deficits " are seen as important only by those that foolishly believe that lines on a map called borders matter for trade. People that believe someone in North Dakota buying goods from South Dakota is good but not someone from New Mexico purchasing the same goods from Mexico.
It is perfect nonsense.”
"WASHINGTON — The movement of American factory jobs and white-collar work to other countries is part of a positive transformation that will enrich the U.S. economy over time, even if it causes short-term pain and dislocation, the Bush administration said yesterday.
The embrace of foreign "outsourcing," an accelerating trend that has contributed to U.S. job losses in recent years and has become an issue in the 2004 elections, is contained in the president's annual report to Congress on the U.S. economy.
"Outsourcing is just a new way of doing international trade," said N. Gregory Mankiw, chairman of Bush's Council of Economic Advisors, which prepared the report. "More things are tradable than were tradable in the past. And that's a good thing..."”
“We need to crank-up that next bubble to temporarily lower the unemployment rate (no matter how you measure it). Then all the power brokers can pat each other on the back - until the bubble bursts. This cycle will continue and get worse each time until we address the core problem - the complete disaster that is our blind allegiance to failed trade policies. Each cycle we lose more and more good jobs making it harder and harder to recover. Pundits and politicians point to all kinds of excuses for the poor job market and never even talk about the self inflicted damage done by our failed experiment with "free trade" theories.”
OldTulsan on Jul 20, 2013 at 14:46:27
“A paper authored by N. Gregory Mankiw and Phillip Swagel...
Offshore outsourcing poses a communications challenge for economists. It can impose serious hardship on workers and their families, and it is no comfort for people facing dislocation that outsourcing provides overall gains for the United States and the world economies. Just as with trade more broadly, communications efforts on outsourcing will inevitably involve a substantial defensive component. The positive agenda, meanwhile, is to ensure that the macroeconomic environment provides for broadbased growth and robust job gains. Within this cover, trade can expand into the new channels created by improvements in technology and telecommunications. There is no doubt, however, that discontent arising from outsourcing will be an issue for politicians and economists alike for the foreseeable future..."
The word "dislocation" is such a nice way to describe hollowing out the U.S. labor market.
How many Americans have had their dreams taken away by the likes of N. Gregory Mankiw?”
“Hypothetically, two people have an altercation, both are armed with guns, and both fear for their lives (or can claim to). How do you determine which one gets to claim "stand your ground"? Is it the one that shoots first and survives? Starting to sound like a Hollywood Western.”
MBoyett220 on Jul 19, 2013 at 21:08:58
“You do not even need stand your ground. Self defense, as in this case, would not change if this were repealed. You would have the same verdict if that law did not exist. Don't beleive the hype.”
Norman Maine on Jul 19, 2013 at 20:51:54
thinker43 on Jul 19, 2013 at 20:49:00
“That situation is indeed hard to determiine. But what if only one person is armed?”
cromanelli on Jul 19, 2013 at 20:47:44
“if there are no other eyewitnesses, it will be the zimmerman precedent. a horrible outcome.”
“Better be careful how you phrase that or you might find yourself up against a filibuster in the Senate...we don't need them holding up the vote on the reality of gravity for any extended period of time...
God knows, we need gravity to keep us functioning properly, down to earth, sort of, and we'd hate to see Repubs holding up the vote on its continued existence over a technicality....”
Chepetico on Feb 22, 2013 at 02:00:33
“According to these turkeys gravity is a matter of olinion.”