Posted by trucker40 on February 18, 2009 at 06:43:34 from (69.150.171.14):
In Reply to: O/T Economy and Trade posted by M Moline fan on February 17, 2009 at 17:41:41:
For the most part our whole system has had a monkey wrench thrown in it.If you try and compare it to what used to be,you dont have a used to be scenario to compare it to.I like Lou Dobbs but I think while he is thinking about it rationally,nobody else is.Those people hollering protectionism are like somebody throwing gas on a fire to put it out.We may need to do lots of things to get the country working right again,and like some of the others said it looks like whats being done could make things worse.About all that can be said for what is going on is that these ones are trying to fix it,and the other ones were trying to ruin it,which is still a mystery to me as why anybody would want to ruin it.I hope we can survive the cure and hope somebody can figure out the right thing to do to fix it.The whole world might depend on it. Most of our trouble began with giving China most favored nation status.We should not have done that.We should cut way back on importing anything from everybody.Protectionism or not,we have to have industry to survive.We will never get out of this mess trying to compete with third world slavery.Thats stupid.We need to advance instead of go back to the stone age.Who wants to go back and farm with mules?Sure a few people will farm with mules,but the way we feed everybody is by doing things a lot better and smarter than that.I think we can put a higher value on our food that China buys from us,than the junk we get from them.So what we do is raise the price on our corn that we sell them,and use the extra money to pay them back for our debt.If they dont like it,they can buy it from some other big country that will sell it cheaper.When they cant get enough they wont have a choice but to buy from us.Either that or they can write off some of the debt because we probably wont pay it any way.
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