quote:
Just stop man. for the love of god.

Free trade means that markets can "fight back" for themselves. If China wants to "dump" steel, then the free trade solution is to allow people to buy cheap steel. The government attempt to protect Americans who produce steel is not "leveling the playing field", it's actually hurting the CONSUMERS of steel for the benefit of the employees or Producers of steel. there is nothing fair about free markets, and nothing free about fair markets

So the solution is to buy cheap steel fine and let consumers save money? You let a foreign govt. cripple a major industry and possible kill it so consumers at home can reap the rewards.

Ok fine, then what do you do when all the steel is foreign and they decide to leverage that against us. Do you just let consumers take it below the belt and pay obscene prices now?

And what happens to all the employees who got laid off by the steel companies locally? They wind up getting public assistance, or possibly taking lesser paying jobs and in the end the govt. and yes the taxpayers gets hammered all because a foreign government undercut the market.

If a foreign govt. is attacking our private businesses, our govt. should fight back. Letting a foreign govt. run unabated over the markets is a serious threat to our economy and can be a serious threat to our national security.

Remember OPEC? Remember the Carter years?

Free trade is no longer free trade when one of the trading partners is cheating.

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Posted by buckeye_vol

Member since Jul 2014

35242 posts

Posted on 2/24/17 at 11:37 am to doubleb

quote:
You let a foreign govt. cripple a major industry and possible kill it so consumers at home can reap the rewards.

Sure.

quote:
Ok fine, then what do you do when all the steel is foreign and they decide to leverage that against us. Do you just let consumers take it below the belt and pay obscene prices now?

No, I would expect the market to respond, and that industry would come back to life naturally. Fortunately for us we have the ability to respond quickly.

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And what happens to all the employees who got laid off by the steel companies locally?

Find another job.

Crazy.

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They wind up getting public assistance, or possibly taking lesser paying jobs and in the end the govt. and yes the taxpayers gets hammered all because a foreign government undercut the market.

Well then we better ban technology and innovation since it does the very same thing.

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If a foreign govt. is attacking our private businesses, our govt. should fight back.

The government is our savior, huh? That's the type of mentality I expect from socialists, not the other side.

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and can be a serious threat to our national security.

Maybe in rare exceptions, but the statists love this argument.

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Remember OPEC? Remember the Carter years?

And what had changed since then? More energy independence, maybe?

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Free trade is no longer free trade when one of the trading partners is cheating.

But responding with anti-free trade policies, is a step further away from it.

People can support that, but it's dishonest to pretend that they are for free trade when they advocate for policies further from it.

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