- Apr 1, 2011
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This scheme certainly is nothing more than a glorified quota system. It limits imports based on quantity. That's a quota. It doesn't matter whether you use some complicated formula to determine what that quantity is.
Calling it "free market" is the ultimate joke. The free market means "free." That is, the government doesn't interfere. This is a scheme involving massive government interference. There's nothing "market" about it.
Calling it "free market" is the ultimate joke. The free market means "free." That is, the government doesn't interfere. This is a scheme involving massive government interference. There's nothing "market" about it.
BriPat9643, within the transferable Import Certificates proposal, no government or entities (other than the importers themselves), determines the total assessed values, of goods each importer may introduce into our nation;[i.e. theres no quota enforced upon importers of goods into the USA].
the fact that some complex formula is used rather than simple number is irrelevant. It's a limit on the number of units that can be imported. In other words, it's a quota.
In other words some arbitrary government regulation limits the amount they can import. It's a quota.
Immaterial. Your regulation places a limit on imports. In other words, it's a quota.
It is a quota system. All your rhetorical dancing doesn't change the facts. Any economist who isn't a complete hack would describe it as a quota.
The effect is exactly the same as a quota because that's what it is: a quota.
How did you ever reach the conclusion that this proposal could or would force foreigners to buy stuff for which there may be no demand?
How are they going to get "IC's" if not by buying stuff that otherwise wouldn't normally sell on the open market? Isn't that the whole point of your quota system, to force foreigners to buy American products they don't really want?
BriPat9643, regardless of your opinion this proposals certainly pure free enterprise thats market rather than government driven. Any competent economist that understands the dictionarys definition of quota would also understand that this proposal is NOT a quota system.
The purpose of an Import Certificate system is to eliminate USAs trade deficit of assessed goods in a market rather than a government driven manner that will increase USAs GDP and indirectly increase our median wage.
I regret that you do not share my confidence in entrepreneurs functioning within our competitive markets. You prefer to continue enduring USA and foreign governments negotiations and manipulations of USAs global trade. Im generally opposed to governments choosing winners or losers.
Im a proponent of a unilateral trade policy; all governments are entitled to determine what enters their borders but we should not discriminate between foreign nations and similarly we should defend USA from foreign nations treating our products in a lesser manner than their imports from other nations.
Respectfully, Supposn