Onyx
Gold Member
- Dec 17, 2015
- 7,887
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Protectionism and Fair Trade are NOT the same.
Fair trade is mutually profitable trade. Capitalists do not make trade agreements that are not mutually profitable unless influenced by governments.
Protectionism is meant to steer the partner back to the terms of the Fair Trade Agreement.
What terms and what fair trade agreement?
If there is a Trade Imbalance due to the partner producing a better product than the other partner better get their act together.
By producing a competitive product themselves. Not by lobbying the government to institute tariffs restricting consumer choice.
If the Imbalance is due to violating the conditions of the Agreement, such as slave labor/hours/benefits, then Protectionism will restore the terms of the Agreement.
Do you even understand what you are talking about?
Since when has a deficit correlated to poor trade? Did you know it is possible to make more money than the other nation with a negative trade deficit, and that is exactly what is being done with Mexico?
There is no such thing as equal Trade, as I never meant to infer such.
Actually that is exactly what you are implying.
You are talking about equalizing deficits. It is uneducated babble.
However, the Trade the US carries out in reality, whether we have an Agreement or not, is disastrous for the overwhelming percentage of US citizens.
Baseless conjecture.
All trade strengthens the economy. You are using broken and uneducated theory that there is such a thing as negative trade. If trade negatively impacted one parties ability to make a profit, they would not of engaged in that trade interaction in the first place or bailed out immediately.
Basically you want to instigate market control by raising the barrier of entry, which reduces activity among both entrepreneurs and consumers. Reducing competition and economic activity costs jobs, and strengthens the power of those elites you despise by enabling them to act lazier and more abusive.
This is clearly a difficult concept for you to grasp, but free trade is the equivalent of no war. Let's fortify the wall of common sense...
Back to the wall of unanswered questions.
1. How is protectionism good for the long term self sufficiency of markets?
2. How do protectionist policies influence consumer choice and purchasing power?
3. How come historically, protectionism has led to depressions, sustained periods of limited growth, and increases in unemployment?
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