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Reply #27: It benefits us if SOME of our jobs vanish! [View All]

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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-09-11 04:37 PM
Response to Reply #26
27. It benefits us if SOME of our jobs vanish!
Edited on Sun Jan-09-11 04:43 PM by golfguru
Because the jobs which will vanish are not very productive or cost effective.

On the other hand Mexico must import equal amount in dollars what we import
from them. Which will expand jobs in our most efficient and cost effective
goods and services area.

In todays world we can not survive by protecting low skilled jobs in US paying
high wages. If I am forced to buy American made golf equipment, I will quit
playing golf and no one benefits from my dollars.

The key is EQUAL trade. It does not exist today. That is why NAFTA, oil imports
and China are killing our economy.

Foreign trade must be BALANCED to be beneficial. Our debts have increased because
we have allowed UN-balanced trade. If China wants to export us more than we export
them then they must import more from some other country who imports more from us.

Again, in todays world, there IS NO BALANCED TRADE. Until that changes, we will
keep losing jobs.

For several decades after WW II we had huge trade surplus every year. Those days
are long gone but laws have not changed much. That is the problem.
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