Comments on: Tariffs, Trade, Markets & Us… A Conservative, Economic case for Free Trade and against Protectionisim http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/ Mon, 03 Dec 2012 19:35:57 +0000 hourly 1 By: kyle8 http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-43 kyle8 Fri, 11 May 2012 21:49:33 +0000 http://www.redstate.com/dcacklam/?p=12#comment-43 Right now China, and in the past both the USA, Japan, and others are used tariffs while they industrialized.

That is perfectly legitimate for a non-industrialized nation. What happens is that sure the tariffs and controlled currency is causing the people to pay higher prices for everything. However, for the first time many of theses people are actually earning decent wages in factories instead of dirt poor agriculture.

So, they put up with it. However, eventually the growing middle class begins to get restless and wants to stop paying through the nose for everything.

This would not work at all in a mature economy. you would have people disrespecting the law and being very angry. And it would not restore lost business because it would only raise the overall costs of living and doing business in the nation.

]]> By: Dave_A http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-42 Dave_A Fri, 11 May 2012 04:17:35 +0000 http://www.redstate.com/dcacklam/?p=12#comment-42 I contend, however, that we benefit more (long-term) from the US-China trade relationship, than the Chinese do…

]]> By: nathanalbright http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-41 nathanalbright Thu, 10 May 2012 09:24:45 +0000 http://www.redstate.com/dcacklam/?p=12#comment-41 It would be possible to have a double checkmate, even if it’s rare. It would be possible if one move to check a king simultaneously uncovered another piece that put the king in check, and where there were no valid moves out of it. Mind you, that would be a particularly challenging move to pull off. I doubt that the sock puppet in question is quite that clever of a chess player, though.

]]> By: checkmate2012 http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-40 checkmate2012 Thu, 10 May 2012 06:30:21 +0000 http://www.redstate.com/dcacklam/?p=12#comment-40 Go away now.

]]> By: Stricia http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-39 Stricia Thu, 10 May 2012 06:12:57 +0000 http://www.redstate.com/dcacklam/?p=12#comment-39 Checkmate2012, pay no attention to all of that glee you are experiencing. Clearly, it is a result of visual hallucinations. Or as gekster would write “You really need to work on your reading comprehension.”

]]> By: aesthete http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-38 aesthete Thu, 10 May 2012 06:03:44 +0000 http://www.redstate.com/dcacklam/?p=12#comment-38 rule of law, and IP protection that would encourage innovation would require a serious reduction of power for the ruling class, as they would have to establish an independent judiciary and essentially take their hands off of society (Great Firewall, anyone?). China could do this as either a democratic state, or as a state where the Communist party has about the same power that the English monarch had in the 18th century — both of which are possible, but both of which would be favorable developments for the US, I should think. It’s just my opinion, but I think that a democratic or democratizing China would have much closer relations with us, and meet our foreign policy goals, to a much greater extent than the current one does.

You are correct that the case for/against free trade with China on national security is a sticky wicket, but I think that goes both ways: China has nukes and a huge population, and if they became a pariah state we couldn’t just brush them off as we do with N Korea.

]]> By: checkmate2012 http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-37 checkmate2012 Thu, 10 May 2012 06:00:41 +0000 http://www.redstate.com/dcacklam/?p=12#comment-37 n/t

]]> By: demsaresatanic http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-36 demsaresatanic Thu, 10 May 2012 05:49:11 +0000 http://www.redstate.com/dcacklam/?p=12#comment-36 the sign of an effective bombing run.

]]> By: demsaresatanic http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-35 demsaresatanic Thu, 10 May 2012 05:45:00 +0000 http://www.redstate.com/dcacklam/?p=12#comment-35 our trade relationship provides China with much more than “paper,” not that China’s receipt of American capital is a trivial matter. Boeing comes to mind, the price for that particular bit of trade has been significant technology transfer.

However the most remarkable portion of your comment is the

]]> By: LibertyWins http://www.redstate.com/dcacklam/2012/05/08/tariffs-trade-markets-us-a-conservative-economic-case-for-free-trade-and-against-protectionisim/#comment-34 LibertyWins Thu, 10 May 2012 02:19:12 +0000 http://www.redstate.com/dcacklam/?p=12#comment-34 anymore than the British Pound, Japanese Yen, Euro, Kuwaiti Dinar, etc. The Dollar is not the most valuable or the only important currency in the world. As long as we remain the innovative center of the global economy, we will have the WRC.

A strong Yuan would not make the cut since China would lose its advantage in world trade. If you take away the export market from China, they are basically still a Soviet-style economy. Most of their economy is government and fixed capital formation, that’s it!

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